A recent podcast we like talked about one factor amplifying political polarization in the west: the growing number of people willing to believe things that are objectively untrue, fuelled by social media echo chambers. This place is an interesting illustration of that phenomenon, I think.
Is there any particular fact that you have in mind?
Also, are you anywhere near Lausanne at the moment?😁 🍺
No specific “fact” in mind, more or a general observation. Interesting that Igy seems to have assumed I was aiming the comment at him, although I suppose he strikes me as having gone down some dark alleys on the internet, perhaps more than some of the rest of us. None of us are totally innocent though.
Never been to Lausanne, and only been to Suisse a couple of times. We did meet with a couple of classmates in the West Village last week, one of whom I’d not seen since grad. That was very nice. It always surprises me to find out that, for the most part, our younger and stupider selves seem to have matured better than I would have expected.
Hey CR, we're flying up to St John's Newfoundland next week. Do you have any recommendations?
St John’s is a great small city. Give yourself a few hours to walk around downtown. Please pay your respects to the greatest Canadian, Terry Fox, at the memorial where he started his marathon of hope. It’s somewhere along the harbour front, easy to find. George Street is a small section of downtown full of rowdy, lively bars and restaurants, check it out. The walk around Quidi Vidi lake is lovely. You MUST go up Signal Hill; give yourself a few hours to walk the trails up and down. If you enjoy hiking, there are some great coastal trails east of the city on the way to Cape Spear, which is well worth a visit. If you enjoy terrible hard liquor, try some screech, which they are particularly proud of, and see if you can get a chance to kiss the cod, which is exactly what it sounds like, and is the price of being declared an honourary Newfoundlander.
We toyed with a visit to Newfoundland next week to see friends but will be heading elsewhere instead. Too bad I didn’t know this sooner.
Thanks for the geeky math stuff, that’s super cool and new to me!
Hey CR, we're flying up to St John's Newfoundland next week. Do you have any recommendations?
St John’s is a great small city. Give yourself a few hours to walk around downtown. Please pay your respects to the greatest Canadian, Terry Fox, at the memorial where he started his marathon of hope. It’s somewhere along the harbour front, easy to find. George Street is a small section of downtown full of rowdy, lively bars and restaurants, check it out. The walk around Quidi Vidi lake is lovely. You MUST go up Signal Hill; give yourself a few hours to walk the trails up and down. If you enjoy hiking, there are some great coastal trails east of the city on the way to Cape Spear, which is well worth a visit. If you enjoy terrible hard liquor, try some screech, which they are particularly proud of, and see if you can get a chance to kiss the cod, which is exactly what it sounds like, and is the price of being declared an honourary Newfoundlander.
We toyed with a visit to Newfoundland next week to see friends but will be heading elsewhere instead. Too bad I didn’t know this sooner.
Thanks for the geeky math stuff, that’s super cool and new to me!
Thank you. My youngest has just moved there, so we'll probably be going there at least once a year. Too bad we couldn't meet up, maybe some other time.
Is there any particular fact that you have in mind?
Also, are you anywhere near Lausanne at the moment?😁 🍺
No specific “fact” in mind, more or a general observation. Interesting that Igy seems to have assumed I was aiming the comment at him, although I suppose he strikes me as having gone down some dark alleys on the internet, perhaps more than some of the rest of us. None of us are totally innocent though.
Never been to Lausanne, and only been to Suisse a couple of times. We did meet with a couple of classmates in the West Village last week, one of whom I’d not seen since grad. That was very nice. It always surprises me to find out that, for the most part, our younger and stupider selves seem to have matured better than I would have expected.
No offense taken, if logging on to Zerohedge infrequently, or daily perusing of X is a dark alley, then yes. If a dark alley is internet porn, or radical political ideology, then no.
I was just thinking, where do I go on the internet 99% of the time. Answering or deleting emails, online banking and investments, Lets Run, and X. The other 1% probably random internet purchases or news search.
Sorry to be so boring and unexciting.
This post was edited 14 minutes after it was posted.
Not knowing anything about Zerohedge, I took a look at the Wikipedia entry. It begins thusly:
”Zero Hedge (or ZeroHedge)[a] is a far-right[13]libertarian[18] financial blog and news aggregator.[14][15][19] Zero Hedge is bearish in its investment outlook and analysis, often deriving from its adherence to the Austrian School of economics and credit cycles.[20] It has been described as a financial "permabear".[21][22]
Over time, Zero Hedge expanded into non-financial political content,[b] including conspiracy theories and fringe rhetoric[3][24] advancing radical right,[15][25] alt-right,[26][27][28] and pro-Russia positions.[1][29][30][31] Zero Hedge's non-financial commentary has led to multiple site bansby global social media platforms, although its 2019 Facebook ban[32][33] and 2020 Twitter ban were later reversed.[15][34]“
Rarely have I read anything so disappointing. Sloganism, jingoism, buzzwords, seemingly a stimulus designed to evoke an automatic response from a target population.
I don’t read Zerohedge, but I do read articles when they are referred to me. What I will say about it is pretty much the same thing that I say about every media outlet—that when you read a story about something in which you’re intimately involved on a personal level, you realize that “investigative journalism or reporting” is often no more than a tool that is used by one or more involved parties.
Maybe I will visit the site later, to see what they’re offering up. It’s raining here and very mellow, so I’m in an unusually receptive frame of mind, with a full belly , good company, and a view that I enjoy.
Then again, maybe I will stay away from all such commentary, and just enjoy cleaning up the cave and strolling around the chateau in my new waterproof runners😁
Ahhh, ignorance is bliss. I just can’t seem to keep it going for very long before I get sucked back in!
Not knowing anything about Zerohedge, I took a look at the Wikipedia entry. It begins thusly:
”Zero Hedge (or ZeroHedge)[a] is a far-right[13]libertarian[18] financial blog and news aggregator.[14][15][19] Zero Hedge is bearish in its investment outlook and analysis, often deriving from its adherence to the Austrian School of economics and credit cycles.[20] It has been described as a financial "permabear".[21][22]
Over time, Zero Hedge expanded into non-financial political content,[b] including conspiracy theories and fringe rhetoric[3][24] advancing radical right,[15][25] alt-right,[26][27][28] and pro-Russia positions.[1][29][30][31] Zero Hedge's non-financial commentary has led to multiple site bansby global social media platforms, although its 2019 Facebook ban[32][33] and 2020 Twitter ban were later reversed.[15][34]“
Rarely have I read anything so disappointing. Sloganism, jingoism, buzzwords, seemingly a stimulus designed to evoke an automatic response from a target population.
I don’t read Zerohedge, but I do read articles when they are referred to me. What I will say about it is pretty much the same thing that I say about every media outlet—that when you read a story about something in which you’re intimately involved on a personal level, you realize that “investigative journalism or reporting” is often no more than a tool that is used by one or more involved parties.
Maybe I will visit the site later, to see what they’re offering up. It’s raining here and very mellow, so I’m in an unusually receptive frame of mind, with a full belly , good company, and a view that I enjoy.
Then again, maybe I will stay away from all such commentary, and just enjoy cleaning up the cave and strolling around the chateau in my new waterproof runners😁
Ahhh, ignorance is bliss. I just can’t seem to keep it going for very long before I get sucked back in!
I honestly have little idea if you meant:
"Rarely have I read anything so disappointing. Sloganism, jingoism, buzzwords, seemingly a stimulus designed to evoke an automatic response from a target population."
in reference to text on Zero Hedge or to text on Wikipedia.
What a world.
This post was edited 26 seconds after it was posted.
a year ago there was panic about commercial real estate. This guy thought the government would have to bail it out.
And here we are a year later, with the vanguard REIT index up a very nice 21%.
Randy Woodward @TheBondFreak I'm not sure many people understand how truly mind-blowing the situation is in CRE. And it's getting worse every single day. They can "extend and pretend", for now, but sooner or later there is going to be a massive repricing of all these assets. I don't know...TARP 2.0?
JPM stock up a strong 17% since this panicky headline about an insider sale of JPM shares.
Jamie Dimon’s big JPMorgan stock sale may be a warning sign, given his stellar track record at market timing Published Mon, Feb 26 202412:07 PM ESTUpdated Mon, Feb 26 20242:11 PM EST
Insane. Almost all in one sector, but insane. lol sector weighting, what? It is a dangerous game, but rotation to value was predicted.
My tlt and 20-yr’s are all still doing ok, even after a bit of chop last night…might pick up a bit more 20’s if there is a good buying opportunity. 22/24h trading on IBKR is nice.
Steady as she goes…
agip what is the point you are trying to make by posting reviews of a sample of predictions? And how do you select the sample, and why?
Btw if anybody is interested I have found an exterior-rated product that has worked very well for me on mahogany, Uniwood by Unikalo (THD-F56). I’ve used many kinds of oil, varnish, spar varnish, polyurethane, etc and this stuff gives good results, and seemingly excellent durability. I have been using Chestnut tint. It is a solvent-based alkyd resin.
Insane. Almost all in one sector, but insane. lol sector weighting, what? It is a dangerous game, but rotation to value was predicted.
My tlt and 20-yr’s are all still doing ok, even after a bit of chop last night…might pick up a bit more 20’s if there is a good buying opportunity. 22/24h trading on IBKR is nice.
Steady as she goes…
agip what is the point you are trying to make by posting reviews of a sample of predictions? And how do you select the sample, and why?
Btw if anybody is interested I have found an exterior-rated product that has worked very well for me on mahogany, Uniwood by Unikalo (THD-F56). I’ve used many kinds of oil, varnish, spar varnish, polyurethane, etc and this stuff gives good results, and seemingly excellent durability. I have been using Chestnut tint. It is a solvent-based alkyd resin.
As always, surface prep is 90+%.
Uniwood doesn't appear to be available in the US from what I can tell.
Western Red Cedar is available outside of the US, not just here in the states, so that explains why it may be listed on Uniwood's label.
Pictured is a redwood picnic table I built summer of 1986. It has weathered South Texas summers and Idaho winters. I found Cabot Aussie Timber Oil to be a very good product for preserving my project. I re-coat every couple of years.
