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November 2018

"Why even knowing the future may not be enough for you to beat the stock market"

Dang, beating the market is tough.

In a report that should make investors feel a bit better about their own performance, however, one analyst has suggested that even clairvoyance may not be enough of an edge to beat the market. In fact, having an early knowledge into where the economy is headed could actually hurt one’s performance, and the results are worse than a currently employed strategy that doesn’t require a crystal ball.


"Conservative professor mulls defamation suit against Penn for saying she made up black student stats"

She also wants to "defund the Ivies". 

Wouldn't that be a fun fight?

More from Professor Wax: "Penn Law’s Amy Wax on Being Ousted from Her First-Year Class Over Comments on Race, Performance and Bourgeois Values, Attacks on Free Speech, Criticism of Affirmative Action and Diversity, Hard Truths, Anti-Western Colleges".


"Palm Oil Was Supposed to Help Save the Planet. Instead It Unleashed a Catastrophe."

The fearsome Law of Unintended Consequences strikes again:

Most of the plantations around us were new, their rise a direct consequence of policy decisions made half a world away. In the mid-2000s, Western nations, led by the United States, began drafting environmental laws that encouraged the use of vegetable oil in fuels — an ambitious move to reduce carbon dioxide and curb global warming. But these laws were drawn up based on an incomplete accounting of the true environmental costs. Despite warnings that the policies could have the opposite of their intended effect, they were implemented anyway, producing what now appears to be a calamity with global consequences.


"Welcome to the Golden Age of Grocery Shopping"

But . . . but in the majority of U.S. metro areas, the four-firm concentration ratio for grocery retailing is in the dangerous oligopoly range. But . . . but we've been warned for 50+ years about how U.S. grocery retailing was going to be dominated by a very small number of firms with the resulting enormous prices and restricted choice. 

New York Magazine, how can this be??


"New York City subway and bus services have entered 'death spiral', experts say"

The problem: service problems lead to drops in ridership which lead to less money to fix the problems which leads to more service problems.. One solution contemplated is raising fares

But that's a solution for amateurs. Real, professional Liberals will assert that, just like K-12 schools and labor unions and Obamacare, the New York subway system is such a great system and so important and so essential to maintain that people will simply have to be forced to use it.

Remember where you heard it first.

Related: "Fare hikes and service cuts and death spirals, oh my!"


"Stop pretending you don’t love Thanksgiving--You get to tell your whole family that they’re fascists"

Pitch-perfect satire.

At this moment I notice that Cody doesn’t appear to be listening. White cis-gendered males never listen, but nevertheless, I persist.

‘They don’t want you to know the truth, Cody, but your aunt Lauren does. She wants you to shed your privilege and to stop raping people. . . .

‘Although, if your grandparents continue to eat beef and drive fossil fuel burning cars, you’re going to be dead in 10 years anyway. Climate change is real, Cody and it’s going to murder you.

‘Anyway, I’m sorry, Cody. I’m sorry this family, except me, failed you.

‘And while Papa’s chat with the imaginary guy in the sky involved lots of thank yous for lots of things, make no mistake — every thank you was for the privilege of being white.’

Suddenly Cody pipes up and says that isn’t what Thanksgiving is about. ‘But Aunt Lauren, I thought Thanksgiving was about being grateful, like I am grateful for you!’

I’m literally shaking.

Is this five-year-old mansplaining to me?