Another correct prediction: Airbnb raises $1.5B, valuing it at $25.5B Everything keeps going up, the cries of ‘bubble’ ignored. Looking at $80 billion valuation for air BNB (which would make it more valuable than Priceline), $100 billion uber, and $50 billion Snapchat. $50-100 billion seems to be the upper limit, after which the pressure to… Continue reading Another Correct Prediction – AirBNB
Why Personal Finance Has Become So Important To Millennials
With on average of 2000 people online at any given moment (on par with the wildly popular /r/aww) why is Reddit’s /r/personalfinance so popular, as well as 4chan’s business & finance board, 4chan.org/biz/ ? But it seems like the topic of personal finance, as well as economics and finance, is poplar everywhere online where high-IQ… Continue reading Why Personal Finance Has Become So Important To Millennials
SJWs Eat Their Own
Last week the left had high hopes that they would be able to shutdown Reddit – well, so much for that. On front page of Reddit this afternoon I found zero stories about the shutdown, suggesting that most, if not all, of the locked threads had been reopened as people had gotten on with their… Continue reading SJWs Eat Their Own
Disparate Impact Litigation Hurts Job Seekers, Students, and Employers
Business Can Pay to Train Its Own Work Force One possible solution is cognitive screening – the use of tests such as the Wonderlic, SAT/ACT, or Wechsler to find prospective employees who can learn quickly and have good critical thinking skills (and thus would benefit the most from on-site training for technical tasks. training obviously… Continue reading Disparate Impact Litigation Hurts Job Seekers, Students, and Employers
Why The Left Wants Reddit To Fail
The left is elated over the recent shake-up of Reddit in which Victoria Taylor – the ‘verifier’ of celebrity AMAs (ask me anythings) – was inexplicably fired, resulting in the shutdown of several sub-Reddits in solidarity, rendering large portions of the site inaccessible. A more detailed explanation can be found here, in which I took… Continue reading Why The Left Wants Reddit To Fail
The Teen ‘Summer Job’ is Going Away, and That’s A Good Thing
From Pew Research: The fading of the teen summer job This can be interpreted as good news… teens are better spending their time self-actualizing, delaying immediate income in exchange for learning in-demand, high-paying skills such as coding, science, writing, math, physics, and economics rather than doing a dead-end part time job. Due to a combination… Continue reading The Teen ‘Summer Job’ is Going Away, and That’s A Good Thing
Sorry Liberals, Uber Is Not Going Away
The left is celebrating the possibility of Uber going away stemming from an allegedly large operating loss and a recent California ‘ruling’. The left has hated Uber since its inception, accusing the wildly successful company of exploiting its drivers and undercutting the staid cab cartel. What about that big Uber loss that the left is… Continue reading Sorry Liberals, Uber Is Not Going Away
Critique of the Culture of Entrepreneurship
Even though I lean Republican on many economic issues, small business, by in large, is overrated and a lousy way to make money due to the high start-up costs and high failure rate; furthermore, these ‘success stories’ touted, such as Steve Jobs, Bill Gates, and Mark Zuckerberg, are the exception and far from being the… Continue reading Critique of the Culture of Entrepreneurship
No Love For The High-IQ Basic Income
Yesterday I wrote an article defending MGTOW, which I later re-wrote because the original didn’t meet my quality standards. It’s funny but not too surprising how some people get worked-up about the idea of a high-IQ basic income (and the topic of IQ in general), so much so that facts and logic go out the… Continue reading No Love For The High-IQ Basic Income
Sorry Middle Class, You’re Just Not That Important Anymore
With $21 Trillion, China’s Savers Are Set to Change the World I guess this is why the decline of the middle class is not such a big deal to Wall St. There are seven billion people in the world, of which only around 100 million constitutes ‘America’s middle class’. Then you have the Pareto principle,… Continue reading Sorry Middle Class, You’re Just Not That Important Anymore