@SantiagoAuFund This graph will look exactly the same in 25 years. Commodities hold no real value over time because the marketplace for commodities can only compete on price hence productivity. Compounding return stocks and bond values grow exponentially which is precisely what is being shown.
@zielneotenie @MedGold_ No direct evidence but agreeing with original post. Hes a big thinker/doer, PayPal, and I’ve often thought his ability to raise funds suggests a wealth beyond widely known assets. Would be helpful for multi-planetary civilizations to have a currency unbound by Earths governments.
@gorilla_fund@INArteCarloDoss There’s also MTUM. I like the Kitty’s macro but he doesn’t seem to understand momentum as a factor. Most LC active managers will probably beat the S&P 500 this quarter.
@eade_bengard Homemade cereal never. Grilling a giant steak and fried potatoes dinner in a hollowed out stump from a tree he just fell on a mountain near a fresh stream? Yes, several. All performative but less so than the Tic Toc by the pseudo intellectual Marxist wannabe.
@ScottAdamsSays Easy. Both look identical but get there in radically different ways. Rs let the poor to rot and Ds get the poor bc their socialist policies are untenable.
@GadSaad@mcuban@dallasmavs He said + the pool of candidates was beneficial. Compare NBA to 50 years ago. Much better teams today by far. AA’s allowed to play. More than 25% of players from outside USA. HS grads allowed to go pro directly... All added more possible players, no quotas. Added = better
@ScottAdamsSays My understanding is that the U.S. debt is not just money owed. It is also the thing required for global trade. Trade demands it US supplies it. Once/If it isn’t needed the debt will be reduced almost automatically.
@eade_bengard Agree 100% Eade but what about OPs premise that society is better off on every way with fewer liberal arts graduates. Dawgs but ordinary James/Joes too.
@DrSportPsych I believe a big reason for explaining this is the performance difference between elite and median athlete is greater in female sports than males coupled with a slower physical development in males.
@Stimpyz1@DietCoke_Esq Society may be better w more college educated than the minimum required so a subsidy of some kind is a way to get there. Bankruptcy is a way to clear bad debt but the current wrong policy does not allow for that. If most businesses fail I don’t see why a % of degrees can’t too.
Yeah I admire Elon.
But sometimes it feels like we (myself included) all stand around cheering him on when we could (and should) be starting similar initiatives. We don’t need just one hero to solve this.