Sir Stromming

“It's much easier to fool people than to convince them that they have been fooled.”

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@MikeBenzCyber Beautiful.

Art.

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@ES_Money_Print @AdamMancini4 Did you enter with NAP or Type 1?

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@Finallytherenow @great_martis 98% of that wealth is business interests, not cash. You can't "take" it without destroying the economy. Even if you "take" 5% of it, that capital flees overseas and millions of jobs are lost, tax revenue goes to zero, and the economy turns into Venezuela.

[Sir Stromming @anchovy_paste]

@Finallytherenow @great_martis Math doesn't work. If you took all of their money, you'd fund the deficit for less than 6 months (and crater the economy)

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@ThierryBorgeat @grok is this true?

[Sir Stromming @anchovy_paste]

Thank you for your reply.

Not predicting, but rather scaling out according to a normal distribution of past returns. Over time, the normal distribution (bell curve) will remain the same. So if the average FBD goes, say, 34 points, then you use that as the middle of your profit take bell curve.

Your win rate would go down, but your profits would increase.

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@OnTheHooch @AdamMancini4 That number is from Adam's NL!

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@OnTheHooch @AdamMancini4 Yes but the *average* is 30 to 50 pts. So you'd want to be taking off the bulk of the trade in that window, like a bell curve, to maximize long term profits.

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@BowTiedBroke 1100 acres for 600K??
Doesn't sound right, even in 2018.

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@Oilfield_Rando They would probably sentence the woman for racism after claiming she was gang raped

[Gary Marcus @GaryMarcus]

Why things will eventually fall apart:

1. Everybody, even Google, seems to be treating AI as if it were some kind of winner take all competition like web search was, in which Google taking over 95%

2. But everybody is building essentially the same technical solution with essentially the same data, so there is no moat.

3. If there is no moat, nobody is going to take 90% of the market.

4. With no clear winners, nobody can charge monopoly prices; instead, you get price wars and commodity pricing.

5. Which means everybody will wind up overpaying compared to the modest profits they will be able to make in an intensely competitive regime.

Am I missing something?

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@KobeissiLetter A LOT of companies' CDS trade lower than the US Government.

[Gad Saad @GadSaad]

The only thing that stops violent men from raping you and your society are other men who are equally willing to be violent in stopping the rapists. The West has decided that the highest virtue is to quietly comply with the destruction of your civilization because to do otherwise is bigoted toward the rapists. It really is that simple.

[Today in History @TodayinHistory]

Voltaire passed away today in 1778.

There are two quotes of his I always come back to:

"I disapprove of what you say, but I will defend to the death your right to say it."

and

“Those who can make you believe absurdities can make you commit atrocities.”

[Sir Stromming @anchovy_paste]

@HayekAndKeynes

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@MattKibbe @RepThomasMassie needs to stop calling Gaza a "genocide."

He will lose intelligent voters if he keeps that up.

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@RepThomasMassie 👉I'm your biggest fan.

But "Israel is committing genocide" is simply untrue.

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@HayekAndKeynes Bitcoin down