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Trump Vows To Nationalize As Many Private Companies As It Takes To Defeat Socialism buff.ly/hvAnjwn
From taleb. Always strange to me when purported libertarians are in favor of making it harder to sue big companies. That’s literally the free market working itself out, as opposed to the other option (which is the state).
Law schools and the profession love pretending BigLaw litigators are elite warriors of justice. In reality? They risk nothing. They’ve been billing $1,000/hour from day one, all costs covered, no skin in the game. Their only incentive is to drag the case out longer than a Fast &…
I think about this all the time. In school, I believed BigLaw is what you wanted if you wanted the most money and the most “prestige.” I remember about six years later sitting in a lemon law attorney’s office for a depo. I was on a team defending a big auto maker. Plaintiff’s…
I think about this all the time. In school, I believed BigLaw is what you wanted if you wanted the most money and the most “prestige.” I remember about six years later sitting in a lemon law attorney’s office for a depo. I was on a team defending a big auto maker. Plaintiff’s…
Pynchon created a masterpiece heavily influenced by the V-2 rocket. I wonder what he thinks about these drones.
@patrickc When you're potentially gaining $500k-$100mm clients and they are randomly distributed from a population that doesn't consume other media, it makes sense to be the highest bidder when billboards are $4k-$20k/month each. No other industry has that customer dynamic plus such a…
Buffett on patience: "So patience — it’s a combination of patience and willingness to do something that afternoon if it comes to you. You don’t want to be patient about acting on deals that make sense, and you don’t want to be very patient with people talking to you about…
Why are good screenwriters the scarcest resource in Hollywood, by far? Put differently: Why do 95% of Netflix productions have terrible screenplays (plots and dialogue), even those with big stars and big budgets?
When I first started trading Walmart in the 80s, there were days when it traded only fifteen hundred shares the entire day. The new generation is conditioned to megacap stocks, and that's precisely what will make them miss the next bull market in small and midcaps. News flash:…
When I first started trading Walmart in the 80s, there were days when it traded only fifteen hundred shares the entire day. The new generation is conditioned to megacap stocks, and that's precisely what will make them miss the next bull market in small and midcaps. News flash:…
Jerome Powell is an American hero
Since 1913 GDP (per capita) went up 6-9 fold.
Since 1913 GDP (per capita) went up 6-9 fold.
It has become apparent that the 'efficiency' DOGE aims to deliver isn't making government do more with less of our money but letting the White House do more with less of Congress and the Constitution.
It has become apparent that the 'efficiency' DOGE aims to deliver isn't making government do more with less of our money but letting the White House do more with less of Congress and the Constitution.
Regardless of whatever deals Trump does or doesn't make, congress is going to have to reclaim its authority on tariffs in order for any future trade deals to have credibility across administrations
Give credit where credit is due. True, economists know little about tail risk and finance (because of reliance on Gaussian-based models) but they understand trade & have been studying it for the past 400 years.

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