Time for another prediction, which is that Ali Baba stock (BABA) is going to $130 within a year or so. In 2012 and 2013, I predicted correctly that Facebook stock would surge and Apple would flatline. Facebook indeed rallied 150% and Apple fell from $600 to as low as $300. I also predicted that the… Continue reading Ali Baba Stock Going Higher
The Futile Pursuit of Equality
A dense article by Steve about the pursuit of truth, philosophy, ‘equality’ of man, conservatism, and god. At the end he writes: Today, the extremism of our culture’s demands for attestations of faith in equality and transparency is a mask for the movement back toward censorship and esotericism. We live in a society in which… Continue reading The Futile Pursuit of Equality
America Is Still Exceptional
Charles Murray, unwavering defender of inconvenient truths in the face of political correctness and beloved by millions of millennials and smart people all over America, has become an institution unto himself. His most recent book, The Curmudgeon’s Guide to Getting Ahead, has become ‘required reading’ and the ‘bible’ for the smartest generation, which is whom… Continue reading America Is Still Exceptional
Will Technology Make All Jobs Obsolete?
From Jim Goad of Taki Magazine: Workers of the World, Goodbye The Luddite fallacy has a good track record of being a fallacy. You get rid of one type of job and another pops up. As the labor market becomes more polarized, there will probably be strong growth of jobs in the low-paying service sector… Continue reading Will Technology Make All Jobs Obsolete?
America Splitting in Two
The American economy is splitting in two. Opportunity is plentiful for the wealthy and well-educated, but it is drying up for the bottom half. What can Washington do? The good news is not much. ‘The poor are being left behind because they deserve it’, says expert. ‘They have poor work ethic, poor impulse control, and… Continue reading America Splitting in Two
Some Thoughts on the 2016 Campaign
I supported McCain in 2008 and Romney in 2012. Unlike the sorry bunch in 2012, I got to admit, the GOP candidates for 2016 are shaping up to be the best in years. The GOP candidates for the 2012 election were pretty terrible. Ron Paul and Rick Perry both oppose the federal reserve, and Ron… Continue reading Some Thoughts on the 2016 Campaign
The Beta Male Conservative
Beta Males may be more conservative than previously thought as evidenced on sites like Reddit and 4chan that champion beta males who are pro-gun, pro-science, pro-gamergate and pro-free markets, while shunning liberals who want social justice and equality. Although alpha males can be conservative, a surprisingly large number of them are liberal. Look at Obama…through… Continue reading The Beta Male Conservative
As Stocks Keep Going up, HBD is the Future
Six years later and with no end in sight, the biological determinism bull market rages on: With the S&P 500 at another historic high, it’s time to give thanks to the people and things that helped make it possible, as well as thanks to the greatest contributors of the economy. But before I get to… Continue reading As Stocks Keep Going up, HBD is the Future
No, Krugman, Economics Didn’t Fail. You Failed.
Krugman the bearded wimp decries the “enormous intellectual failure” of modern economics Actually, economics and economists did a pretty good job, especially post-2008. As we explain earlier, economists and policy makers don’t necessarily need to be able to predict crisis; they only need to have the tools to keep crisis as brief and contained as… Continue reading No, Krugman, Economics Didn’t Fail. You Failed.
Immigration and Politics
Economically, nothing has changed between 2009 and now. Five years later, we still have the headlines of ‘slow growth’ and ‘fed uncertainties’, the same libs complaining about wealth inequality and the soft labor market, unending quarters of blowout profits & earnings, economic data that keeps being better than expected, huge consumer spending, falling treasury yields,… Continue reading Immigration and Politics