Posts filed under “Philosophy”

The Cave: Plato’s Allegory in Claymation

This is a wonderful clay animation adaptation of Plato’s Allegory of the Cave, which dovetails nicely into my Decline of America piece posted yesterday. The video demonstrates simply and briefly how our decline is probable but preventable.

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Category: Philosophy, Video

America’s Inevitable, Yet Preventable, Decline

“It is no measure of health to be well-adjusted to a sick society.” ~ Jiddu Krishnamurti Much has been said on the topic of America’s rise and its inevitable, although preventable, decline. But most of what has been said or written uses empirical evidence, specifically historical observations, of the rise and fall of empires, most…Read More

Category: Philosophy, Think Tank

QOTD: 8,000 Points Later . . .

Josh calls out those who have dug their heels in and fought the tape the whole way up. Are these folks part of your daily media diet? He notes: “Some people need to reflect back on what they’ve been doing for the last 8,000 points. Others need to reconsider whom they’ve been listening to and…Read More

Category: Philosophy, Really, really bad calls

Where Is ‘the Party’ Now?

Nobody goes there anymore. It’s too crowded. ~ Yogi Berra As a philosopher-type, I like to use metaphors; they can be effective in painting an abstract picture that enables universal understanding. But metaphors can also provide a means to concrete translation for the individual. In a non-philosophical description, metaphors can be instructive and entertaining. So…Read More

Category: Philosophy, Psychology, Think Tank

Blame Politicos, Not Reinhart & Rogoff

  “A great many people think they are thinking when they are merely rearranging their prejudices.” -William James   Reinhart and Rogoff are being blamed for the damaging, widespread adaption of post-crisis austerity programs in Europe and in the United States. This reflects a fundamental misunderstanding of how political decision get made. Regardless of what…Read More

Category: Economy, Philosophy, Politics, Psychology, Really, really bad calls

Warren Buffett Explains ‘Colorful Charlie’

After a marathon question-and-answer session with shareholders, Becky Quick asks Warren Buffett to comment on some of Charlie Munger’s best lines.

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Category: Philosophy, Short Selling, Video

Predicting Jobs Data Is Hard — and Useless, Too.

his morning, I tweeted out Spencer Jakab’s WSJ column on NFP — It’s a Hard Job Predicting Payrolls Number, with the annotation “Its pointless, too.” While I understand the obligation many economists have to their employers to make a jobs forecast, you have no such obligation. You don’t have to make a prediction, weigh in, make…Read More

Category: Data Analysis, Employment, Philosophy

How Tough Are You?

      Rocky Balboa: “Let me tell you something you already know. The world ain’t all sunshine and rainbows. It is a very mean and nasty place and I don’t care how tough you are, it will beat you to your knees and keep you there permanently if you let it. You, me, or…Read More

Category: Philosophy, Weekend

Spring Break for Nerds

Source: Spring Break for Nerds: A skeptic learns the secret to South by Southwest’s success NOREEN MALONE New Republic, APRIL 26, 2013 http://www.newrepublic.com/article/112904/south-southwest-spring-break-nerds#

Category: Digital Media, Philosophy

Interview: Ned Davis, NDR

  “We are in the business of making mistakes. The only difference between the winners and the losers is that the winners make small mistakes, while the losers make big mistakes.” -Ned Davis   If you are a regular main street investor, you may never heard of Ned Davis. If you are a market technician,…Read More

Category: Philosophy, Psychology, Sentiment, Technical Analysis