james22

I'd most likely have given to Hillsdale if UATX hadn't come along. Or maybe UT's Civitas Institute: https://civitas.utexas.edu/. And I'd heard of the New College of Florida, but was unfamiliar - thanks for bringing it to my attention.

Selfishly, I get invited to some very interesting talks.

I'm a Founding Member: https://www.uaustin.org/support-us

Capital allocation is downstream the first two.

Again, the genius needs only lie in the mindsets and practices of a general..

Sure, but the genius needs only lie in the six. Blind squirrel.

CEOs have six primary responsibilities—setting the organization's direction, aligning the organization, mobilizing the business through its leaders, engaging the board, connecting with stakeholders, and managing personal effectiveness. Excellent CEOs lead on all six at once and act as integrator across it all. https://www.mckinsey.com/featured-insights/mckinsey-live/webinars/the-mindsets-and-practices-of-excellent-ceos Technical skills don't rank.

History's greatest generals weren't its greatest soldiers!!

Economic value: Bitcoin's computational network is doing the single most important computational work in human history, which is it is protecting economic value. There is nothing else in the world that protects economic value like this.

At the end of 1492 most men in Western Europe felt exceedingly gloomy about the future. Christian civilization appeared to be shrinking in area and dividing into hostile units as its sphere contracted. For over a century there had been no important advance in natural science and registration in the universities dwindled as the instruction they offered became increasingly jejune and lifeless. Institutions were decaying, well-meaning people were growing cynical or desperate, and many intelligent men, for want of something better to do, were endeavoring to escape the present through studying the pagan past. . . . Yet, even as the chroniclers of Nuremberg were correcting their proofs from Koberger’s press, a Spanish caravel named Nina scudded before a winter gale into Lisbon with news of a discovery that was to give old Europe another chance. In a few years we find the mental picture completely changed. Strong monarchs are stamping out privy conspiracy and rebellion; the Church, purged and chastened by the Protestant Reformation, puts her house in order; new ideas flare up throughout Italy, France, Germany and the northern nations; faith in God revives and the human spirit is renewed. The change is complete and startling: “A new envisagement of the world has begun, and men are no longer sighing after the imaginary golden age that lay in the distant past, but speculating as to the golden age that might possibly lie in the oncoming future.” Christopher Columbus belonged to an age that was past, yet he became the sign and symbol of this new age of hope, glory and accomplishment. His medieval faith impelled him to a modern solution: Expansion. https://www.amazon.com/gp/product/0316584789/

Funny discussion to be having on Columbus Day. You can never cross the ocean until you have the courage to lose sight of the shore.

If only we had a Social Credit System to score Elon. LOL

With a stock you can buy a real asset in the real economy and you're contributing to something in the real world, but Bitcoin doesn't really have those characteristics. From 13:14

There is no second best.

I give you credit for betting your beliefs, Luke.

Why so desperate, you might ask? Easy: China is panicked not only about a looming recession, but that it might be falling into the Japan-style doom-loop of structural stagnation thanks to President Xi’s anti-business jihad. The key number here is the interest rate on 30-year government bonds, which is a classic indicator of a zombie economy in the spawning. Ominously, China’s 30-year just fell blow Japan’s. Flirting with zombie territory. https://www.profstonge.com/p/china-enters-the-economic-doom-loop

Sure, but setting aside the advantages of self-custody (of which I'm unconvinced outweigh the disadvantages [actually losing your keys, for one]), I just believe there's more than sufficient reason to invest in a Bitcoin ETF. Don't let good be the enemy of great.

Sure, effort is rewarded. But:

I'll respectfully disagree with Dave and answer: Yes. Because the less educated investor has NO idea what this means: