For those who already don’t know my opinion, the stock market is going higher – much higher. There are no foreseeable headwinds, no storms clouds brewing. Pretty much all the economic factors that were in place when the bull market began in March 2009 are still here today – albeit with much, much higher prices,… Continue reading Smooth Sailing Ahead
Is the ‘Red Pill’ Teaching Obsolete Skills?
It’s funny how Roosh, one of the main evangelizers of the masculinity/Red Pill movement, is being criticised for, well, not being ‘alpha’ enough. If Roosh can’t do it, what does that say about everyone else? What is means is that the Red Pill’s priorities could be misguided. Probably my only criticism of the Red Pill… Continue reading Is the ‘Red Pill’ Teaching Obsolete Skills?
Wisdom of the Markets
spooky …how did it, the market, know so soon? Of course, it may just be a coincidence and this particular company had problems beyond Challenger more detail: Stock Market Reaction to the Challenger Disaster This lends further credence to the EMH, which the left assumes is discredited because of the existence bubbles, crashes, and frauds.… Continue reading Wisdom of the Markets
A unified theory of online discourse
There are an implicit set of rules and mores that governs online discussions; by implicit, one only learns them through trial and error because there is no guide, until now. Avoid declarative statements – otherwise you risk appearing pigheaded – a cardinal sin – versus just mistaken. This is probably the most important rule. Unless… Continue reading A unified theory of online discourse
Liberal Narrative Collapse
In 2008 we were all Keynesians. No we’re all libertarians, scientists and ‘brogrammers’. Everyone is getting richer and smarter than ever as wealth and intelligence becomes more important in today’s competitive economy. Some of the most up-voted posts on Imgur, a site that is the ‘zeitgeist’ of millenial thought, are photos of peaceful demonstrations in… Continue reading Liberal Narrative Collapse
Micro Economics 101
W’re still in perhaps the slowest new cycle ever. What is the future of the news media in a world where everything is deterministic and better than expected? Take the 2016 election, for example. We know it’ going to be a toss-up of Walker or Jeb vs. Clinton. The post-2008 economic expansion and epic bull… Continue reading Micro Economics 101
Peter Singer Conservatives
Peter Singer, Austrailian moral philosopher, recently did a Reddit AmA. The most pertinent quote about Peter Singer’s views, from Wikipedia: Ethical conduct is justifiable by reasons that go beyond prudence to “something bigger than the individual,” addressing a larger audience. Singer thinks this going-beyond identifies moral reasons as “somehow universal”, specifically in the injunction to… Continue reading Peter Singer Conservatives
Winner-Take-All Nation
From Techcrunch We Are All Venture Capitalists Now I feel like this chart is the only one that matters pic.twitter.com/rPFAm1RZZB — Felix Salmon (@felixsalmon) April 11, 2015 In Extremistan, we are all tournament players, investing our limited time and money in unpredictable ventures that may succeed or fail, quickly or slowly. Wins are fewer, but… Continue reading Winner-Take-All Nation
Michael Lewis, Idiot
The inveterate whiner and liberal Michael Lewis it at it again, stirring a tempest in a teapot over ‘high frequency spoofing‘. He should stick to writing about baseball. It’s the only subject he is capable of writing about without sounding like a shrill ninny. For brevity, I’m not going to discuss the ethics of trade… Continue reading Michael Lewis, Idiot
Grey’s Razor
Hanlon’s razor states: Never attribute to malice that which is adequately explained by stupidity. Today’s huge rally in tech stocks inspired my own version, Grey’s Razor: Never attribute to luck that which is adequately explained by intelligence. Yesterday, Amazon, Google, and Microsoft posted blowout earnings, with the Nasdaq surging 40 points in what is an… Continue reading Grey’s Razor