Stuff I found interesting or amusing and thought I'd share.
- Thoughts on guilds from Adam Smith's The Wealth of Nations. Was surprised by the link between guilds and universities.
- Danielle Bolelli: The Melian Dialogue and the Nature of Power.
- The worldwide humiliation of Bill Gates: From tech god to global embarrassment.
- The fraud in California will dwarf the amount of fraud in Minnesota.
Stuff I found interesting or amusing and thought I'd share.
- Forecasters warn of potentially "catastrophic" storm from Texas to the Carolinas. It's cold here too! Where's all that global warming we were promised?
- Seems like this might be necessary at this point.
- Do commodities get cheaper over time? Interesting but also think AI will play a role in lowering commodity prices in the near future.
- Can't see how anyone can defend fraud. At same time not sure if the entire national debt is because of fraud.
Stuff I found interesting or amusing and thought I'd share.
- It's time to affirm that character is greater than color. Agree but wasn't reverse discrimination already ruled illegal by the Supreme Court?
- Sponsoring an immigrant has financial repercussions. And the bills are coming due.
- Kevin Kelly: The Oil and Water Planet. Some may see this as an anti-oil post but I view it as a pro nuclear power argument. Water is for drinking.
Stuff I found interesting or amusing and thought I'd share.
- Glenn Reynolds on what is college good for? He's not wrong.
- From the archives: How Julia Child used First Principles thinking.
- Paul Graham on how people get rich. He thought enough of the essay to repost it - so I am too.
- DOJ charges 324 in $14.6 billion healthcare fraud scheme. Good - throw the book at them!
Elon Musk says $44 billion Twitter deal on hold over fake account data. This is getting interesting.
Musk waived his right to due diligence before committing to the $44 billion deal but I'm guessing fraud would be his get out of jail card to exit the deal if what is being hinted at is true. Since 2013 the number of spam accounts on Twitter has been set at less than 5% "according to regulatory filings from Twitter." And Musk has said that he "relied upon the accuracy of Twitter's public filings" in making his $54.20 per share offer. What if Twitter executives have known all along that the number of spam accounts was much greater than 5%?
As I write this Twitter stock now sits at $40.72 per share - a 25% discount from Musk's $54.20 offer. Former President Donald Trump weighed in on the matter on his Truth Social platform saying, "There is no way Elon Musk is going to buy Twitter at such a ridiculous price, especially since realizing it is a company largely based on bots or spam accounts."
Where there's smoke there's fire and like I said - this is getting interesting.
