Karl Popper! Yes! Me Too!

“How despotism destroys the human sense of duty and responsibility, together with the people who try to fulfill them, may be seen from the unforgettable example of the White Rose in Munich, that close circle of students and one teacher who in the winter of 1942-43 put up posters calling for resistance to Hitler’s war.”

Arbitrage and Shorting Stocks

When you buy a stock, it is a good price as far as most people are concerned. Maybe the stock will go down or maybe it will go up, but given the information people have today, it is priced highly accurately to what people think it should be priced. This phenomenon is not true with most other assets.

Unlock The Power of Art Investment: Trading In Real Time

When one talks about the Bundy Family, the first thing that springs to mind is the standoff in Nevada in 2014. However, perhaps even more important is the standoff and occupation at Oregon’s Malheur National Wildlife Refuge in 2016. Indeed, the two events are often conflated because Ammon Bundy is the son of Cliven Bundy, the man who stood up to the federal government over “grazing fees” on Bureau of Land Management land.

Political “Unity” is Neither Necessary Nor Desirable

“[T]o restore the soul and to secure the future of America,” President Joe Biden said in his inaugural speech, “requires more than words. It requires that most elusive of things in a democracy: Unity. … This is our historic moment of crisis and challenge, and unity is the path forward.” The bad news:  Where politics is concerned, “unity” is a pipe dream.

What is Money?

The word “money” comes from the Latin moneta, which is where coins of precious metal were made and stored. Precious metals naturally rose to the top of money markets because they are scarce, long-lasting, and valued by weight. Gold in particular became the standard for money because it is uniquely suited to serve the purposes of money.

A Sea of Counter Conformity

We live in a sea of conformity and signaling. We are drowning in it, and, to some degree, this is okay. We are a social species, and we need to accept that the social nature of the species expresses itself in this way. I am on the far side of the spectrum that feels moderately comfortable being unacceptable, but I am an aberration. Even in myself, I feel the same social impulses everyone feels.