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meiroy

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Everything posted by meiroy

  1. Spectacular achievement. I've been following SpaceX for years. It's not just that they got people to the ISS, it's the HOW, the way, the technologies used. Elon Musk, without a doubt, is a genius. There's nothing right now that gets close to it anywhere else in the world. Another reason why this is so significant is Musk's vision and end goal. This is another step in order to achieve it.
  2. 1. This is not a natural system, it is man-made, but if you wish, the lack of leadership can be replaced with chaos or conflict. It is not necessarily going to be filled by anyone else, for the simple fact: 2. This leadership (military, reserve currency, funding entities etc.) comes with a great cost which so far has been borne mostly by the USA. Trump is right in asking others to pay for their share. The American household contribution to the world and its support of various economies has been taken for granted for far too long. A reminder: the country with the highest current account surplus in the world is Germany. By far. Germa elite/businesses have greatly benefited and are the ones responsible for a lot of negative economic impact on USA and European households. Time to pay.
  3. The Imitation Game An excellent movie about Alan Turing played by Benedict Cumberbatch.
  4. https://www.theonion.com/protestors-criticized-for-looting-businesses-without-fo-1843735351?utm_campaign=TheOnion&utm_content=1590692687&utm_medium=SocialMarketing&utm_source=twitter Protestors Criticized For Looting Businesses Without Forming Private Equity Firm First Funny.
  5. I was actually thinking about this for a while. Something to do with lack of knowledge of adversity in recent generations. I don't mean Millennials, I mean baby boom and after. Before you used to have a lot of adversity. So you were ready for it and ready to deal with it. Your children will die on a sort of regular basis - vaccines changed that (now we have anti- vaxers). Wars would happen with some frequency. Those were real wars. If you were an able bodied man you had a fair to decent chance you would go to war. Would sit in some shithole and had a good chance something bad would happen to you - bullet in the ass or worse. Now when you have a war is more theoretical "those other guys" will fight it and even them will do pretty well through it. But zero chance something bad will happen to you. The Great Depression is an interesting name. That was just the great one. There were other depressions before it not that far behind. When's the last time we had a depression? Now having to wear a mask while you shop at Costco has become a great adversity. Geez! We've become a bunch of fat, spoiled babies because a bunch of smart people worked really hard to make things easy and safe for us. Then the fat spoiled babies throw poop at the smart people because that's all they know how to do. Progress! "The Great Nap refers to the period of prosperity and relative calm that followed the conclusion of World War II in 1945 and has lasted into the new century. It has been a historical aberration in which Americans, in particular, have been able to live lives largely free of tyranny, disease, widespread suffering, or the need for communal sacrifice. Times have been good, and relatively little has been asked of us. Weinstein posits that the Great Nap has now ended and that the future holds the promise of widespread challenges and struggles not seen in generations."
  6. https://www.reddit.com/r/metaldetecting/ https://www.youtube.com/user/driftwoodnic
  7. You guys should listen to this: https://samharris.org/podcasts/201-may-1-2020/ Sam Harris, A Conversation with Yuval Noah Harari podcast.
  8. In one of his books, Peter Lynch warns about being compelled to invest in certain fields due to our previous experience or "expertise". Quite a few VIs got burned in the past few years as they have done well in financials post-2008 and then kept going back and trying to invest in these companies even when the catalyst was gone. There are also all these expert analysts that keep grinding water on certain companies because that's their area of expertise, even though there's nothing there.
  9. Please stop with all the ad hominem.
  10. "If you’re a thief, accuse your enemies of thievery. If corrupt, accuse your rivals of corruption. If a coward, accuse others of cowardice. Evidence is irrelevant; the goal is to dilute the truth and the case against you with “everyone does it”. Trump’s unfounded attacks on others of the things he is demonstrably guilty of aren’t a mere projection. They are a tactic to lower the moral bar for all, to wave off his corruption and abuse as normal. This has been the ploy of dictators for decades, to say that anyone accusing them of crimes is a hypocrite. Not to say they are good, but that we are all bad, that there is no good or evil, no truth, just power." --- Others surely have written it better than I can express it, but I'll say it anyhow: people don't just wake up one day and vote to turn democracy off, democracy is slowly dismantled from within, brick by brick, by useful idiots.
  11. Nicely put. What if there's already a trojan horse inside the city walls?
  12. So recently I've started drinking water with fresh thinly-sliced fresh ginger. Love it.
  13. https://www.thelocal.at/20200516/austrias-cafes-and-restaurants-reopen-after-coronavirus-lockdown?utm_source=dlvr.it&utm_medium=twitter Austria's cafes and restaurants reopen after coronavirus lockdown Yay!
  14. https://www.bloomberg.com/news/articles/2020-05-16/a-104-year-old-south-korean-woman-recovers-from-coronavirus?utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid=socialflow-twitter-business A 104-Year-Old South Korean Woman Recovers From Coronavirus Woo!
  15. https://www.youprobablyneedahaircut.com/ Iran has a regime where there's a very rich elite that pillages the country's oil reserves, then uses some of the money for Islamist expansionism both directly and via proxies in Syria, Lebanon, Yemen, etc. The current crisis is unlikely to cause a regime change, at most, they will put on hold investments in their proxies and perhaps reduce their footprint in Syria. North Korea is also not going to change unless the top guy dies and then there could be someone even worse. Might accelerate the EU's breakup, though.
  16. I think at this point the only option is to reopen, and quickly. The cost and this outcome were created when Trump and his circle of enablers were chosen. It's now quite impossible to reverse this cost by maintaining the shutdown, it will just increase.
  17. 1. Rise of fascism. 2. My bladder being trained to empty every 10 minutes because I drink all the time and the bathroom is literally a step away. 3. Absolutely nothing. Nothin changes, nothing improves and so we get a repeat in a few years. Possibly the worst outcome.
  18. https://www.bloomberg.com/news/articles/2020-05-11/icelandic-woman-declared-virus-free-ahead-of-103rd-birthday?utm_campaign=socialflow-organic&utm_source=twitter&cmpid=socialflow-twitter-business&utm_medium=social&utm_content=business 102-Year-Old Icelandic Woman Recovers After Getting Covid-19 Yay!
  19. Fascinating. https://www.iamagazine.com/magazine/read/2020/03/02/the-jury-s-out-social-inflation-is-on-the-rise Social inflation, shifts in social attitudes that cause a hike in liability expenses for insurance companies, is ballooning into every insurance market and independent agencies and their clients’ wallets. Social inflation happens when juries and courts increasingly side with plaintiffs in claims against corporations, which in the insurance world leads to rising litigation costs and their impact on insurers’ claim payouts, loss ratios, and, ultimately, how much policyholders pay for coverage, according to the Insurance Information Institute. ... https://tim.blog/2020/01/23/sam-zell/ Sam Zell — Strategies for High-Stakes Investing, Dealmaking, and Grave Dancing
  20. I don’t think it’s a mutation of the virus causing this. It’s more likely that with so many cases and 100 thousands and of infections, some people or kids in this case have a different and adverse reaction to this virus, one of them with similar symptoms than Kawasaki’s disease. That's quite possible. Let's hope so. If that is the case, of course, this should have happened all along. I'm not saying it's a mutation, just that it's something to keep an eye on.
  21. "There have been 73 reported cases in NY of children getting severely ill with symptoms similar to Kawasaki disease and toxic shock-like syndrome. On Thursday, a 5-year-old boy passed away from these complications, believed to be caused by COVID-19. DOH is investigating." If it's really due to a new mutation in the virus and there's no clear way to prevent/treat it, it's pretty much game over. There will be no reopening. The economy tanks down. The current administration is completely incapable of handling anything like this. This is the one thing I'd keep very close attention to.
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