Tuesday, May 8, 2018

Good ol' Charlie Munger


CCN - Charlie Munger says trading bitcoin nearly as bad as trading in harvested baby brains. This guy's great:

The 94-year-old Munger then proceeded to compare cryptocurrency trading to dealing in “freshly harvested baby brains,” arguing that both would be immoral even if profitable.


“Suppose you could make a lot of money trading freshly harvested baby brains. Would you do it?” he asked. “To me bitcoin is almost as bad.”

Munger then took aim at bitcoin proponents, alleging that it is disgraceful to promote cryptoassets and chastising them that it is “beneath you.”


“I regard the whole thing as a combination of dementia and immorality. I think the people pushing it are a disgrace,” he concluded. “There ought to be some things that are beneath you, that you just don’t do, and this is one.”


To be fair, harvested baby brains won't make McAfee eat his own dick on national TV.

Monday, May 7, 2018

Caste hatred in India


BBC - caste hatred in India, what it looks like.

As an aside, here at university, among the most rabid anti-white critique you'll ever hear will be from bourgeois pseudo-leftist Indians with upper caste family names.

And the entitled brats don't even see how ironic it is that a brat from a million dollar home in Mississauga, whose family bars Dalits from even entering their temple, can pretend to be leftist.


OMGWEALLGONNA... be stinking rich forever?


Yes, let's all puke stocks!

Calculated Risk - best April ever for intermodal. And intermodal is trade, and trade is up when the economy is up. Let's all puke stocks then!

Calculated Risk - Q2 forecast: 3-4% growth. Yes, let's also puke stocks when the economy has finally bust out from 3%!!

Sure, the market went way too far way too fast in winter, and that's why we're down 10%. Not because of some idiot president.