they’re not jobs if they’re not valued. they’re not valued if there aren’t customers out there willing to pay them for their great work. needing the government to “create” a job is tantamount to welfare and that level of welfare resolves these individuals to a dependency on the government and lack of economic mobility. and chains our people, collectively, to a more indentured future.
you may be well intentioned but you have, and always will, fail to see the destitute folly of government as a job creation engine.
i have tried to engage you on this topic, in good faith, with empiricism and reasoning, but you have only dodged my points and pivoted to some populist refrain about the importance of taxation and the evils of productivity-driven success.
i can only assume you’re dodging these truths because you and the rest of the politburo leadership have deemed the conversation unsafe speech and put your oligopoly at risk.
let’s leave it at that then.
perhaps if your ways get their day, we can all bask in the glories of the dark ages ahead.
Probably a surge in price for #SPCX on launch (no pun intended)
Then a big pullback after the initial hype wears off, that likely finds a low near EOY aligning with the typical correction stocks get near the end of midterm years.
Long term bullish on SpaceX regardless of short term price action.
A lot of people have lost a lot of money betting against Elon Musk.
I think supporting companies that are changing the world for the better is a good thing.
The extrapolated 5-year CAGR comparison between @benjamincowen's paper and @Giovann35084111's power law (5.82-5.88 exponent):
Power law: ~33% CAGR
Cowen’s median: ~24% CAGR
Same structural support, but upper-tail curvature cuts expected growth by nearly 10 percentage points. More conservative, but potentially better aligned with recent data.
Eli Lilly has done it.
They've gone and made what seems to be a powerful, permanent gene therapy for LDL cholesterol.
That means they'll be able to effectively prevent most heart disease with a single infusion!
“You are not alone.” Yoga moms, silent majority, and a preference cascade all in one. Whether or not Angelenos elect @spencerpratt as LA mayor, he and his team are revolutionizing politics.
Similar to how the music industry has experienced extreme fragmentation (listeners consume music in infinite ways and are no longer reliant on a single radio station, etc.), financial services and advisors will also experience fragmentation and narrower markets as consumer AI products eat up knowledge-work market share.
I suspect this phenomenon will affect most industries soon.