james22

Today: BTC holds (+1%), BRK cracks (-7%).

The wild card is the SBR announcing a buy.

Upon reflection, you may be right. If not risk-off, at least a diversifier. BTC is a different asset class than equities. It marches to its own (adoption curve) beat, not the business cycle, etc. Its reaction to tariffs might remind investors of that.

I believe it's a risk-on asset still. Just unaffected by tariffs and anticipating catalysts. Might react more positively to some catalyst than otherwise at this time, given the uncertainty in other risk assets, which might give it the appearance of a safe haven (which might bring the day forward), but it'll be an effect rather than the cause.

I appreciate it, thanks.

They just accepted my option offer (after first rejecting in favor of another). Have until Dec 15 to pull the trigger.

Larry is a OpenAI board member.

After being very critical of Trump's tariffs, Larry said historians looking back will remark only on the AI breakthroughs of this time. Trump would be a distant second. Tariffs wouldn't rate a mention.

Aaand some cling to believing others are hateful, because otherwise they wouldn't be quite so special.

Nah, that's a cop out. The solution is not to care less, but to recognize what you can and cannot change. Then accept the latter and be responsible for the former. Read the Stoics (or just the Serenity Prayer). Read Thomas Sowell's A Conflict of Visions. https://www.amazon.com/Conflict-Visions-Ideological-Political-Struggles/dp/0465002056/ You'll better understand how others can think so differently without being hateful.

If you tend to believe that the major events in your life are largely the consequence of your own choices and efforts, you are considered to have an internal locus of control. On the other hand, if you tend to think what happens to you isn’t greatly determined by your choices and efforts, you have an external locus of control. “While in reality both external forces and personal choices play a role,” Ekins observes, “the question is what individuals emphasize.” Their answers appear to be related to political identification. While Americans as a whole lean towards internal locus of control to a remarkable degree — much more so than Europeans and Asians tend to do — American conservatives are more likely than American progressives to express the internal-control view. Consider this statement: “My life is determined by my own actions.” While 52 percent of respondents identified as very conservative agreed with this statement, only 33 percent of very liberal respondents agreed. Here’s another one: “When I get what I want, it’s usually because I worked hard for it.” Support was 53 percent among the very conservative and 30 percent among the very liberal. Perhaps even more to the point: “I feel like what happens in my life is mostly determined by powerful people.” Fully 61 percent of the very conservative respondents disagreed with this statement, while only 34 percent of the very liberal did. https://www.carolinajournal.com/opinion/psychology-helps-explain-political-divide/

You can't afford or defend Greenland. What work is required to see that? From your description, seems we'd be doing you a favor taking it off your hands anyway.

You have neither the resources to invest nor the military to protect, do you? We're used to paying a high price to defend the West.

When risks are obvious, they are often well-rewarded; even when risks are hard to see, they are still there; radical political change is hard to predict. https://archive.ph/cl0ai

Hold it if you can.

Nothing encourages invasion than an invitation.

Defending Ukraine as a way to gauge/weaken Russia at little cost is (was) logical.

To make DOGE look bad by targeting Lefty organizations, they have to admit those organizations were funded by tax dollars (as the Right has long claimed). Whoops.

You miss the point (it tells us nothing we didn't already know): what's interesting is the admission.

Why not? After all our aid?

You might consider what the founding fathers thought about foreign entanglements, Sweet. Our role is to be an example, no more.

Nice hack.