Linky Links

Stuff I found interesting or amusing and thought I'd share.

- Why people are leaving California in droves.

- Turning desalinization waste into useful resources.

- 3 exercises you should do every day

- Ray Dalio on some of Lincoln's and Washington's principles

Linky Links

Stuff I found interesting or amusing and thought I'd share.

- Disney+ really was a life-saver for the House of Mouse.

- Ray Dalio on China. I admit that China apologists get under my skin but Dalio's article is a good reminder not to underestimate the Chinese.

- Starlink to provide broadband service to rural Texas school district. The reported price-tag seems steep.

- Good advice from James Altucher

- MLB debt now stands at $8.3 billion with the league having $2.8 to $3 billion in operational losses this season.  MLB is not in a good spot right now.

- Heh Heh

Farnam Street Knowledge

 
- The Difference Between Open-Minded and Closed-Minded People

- 17 Management Lessons from Ray Dalio

- When Technology Takes Revenge

Farnam Street Knowledge

- Understanding Your Circle of Competence: How Warren Buffett Avoids Problems

- How Darwin Thought: The Golden Rule of Thinking

- Pain Plus Reflection Equals Progress. "When we confront something painful, we are left with a choice between an ugly and painful truth or a beautiful delusion. Many of us opt for the latter and it slows our progress."

Linky Links

Stuff I found interesting or amusing and thought I'd share.

- Does it make me a misogynist for laughing at this?

- 43 common grammar mistakes. I'm guilty of examples 6 and 10. Also according to Monty Python I think 35 could also properly be a "newt point." HT Cultural Offering

- The Saudi Arabia-Russia oil war explained.

- Interesting - cloud data speeds could soar with new laser mini-magnet technology.

- Ray Dalio says we need coordinated monetary and fiscal stimulus to counteract Coronavirus Wuhan Virus

- Heh Heh - A debrief on the results of our lifeboat satisfaction survey

Linky Links

Stuff I found interesting or amusing and thought I'd share.

- This problem with RSN (Regional Sports Network) profitability will shortly lead to problems with pro sports collective bargaining 

- The Boy Scouts of America have filed  for bankruptcy protection.

- Niall Ferguson on the Killer Apps of Western Civilization

- Ray Dalio on some of Washington and Lincoln's principles.

- News you can use! Cocaine does not kill the coronavirus (but it will kill your bank account and sleep schedule)

Political Prediction

If the nation is heading towards a new debt crisis as the very respected Ray Dalio has predicted - and if it happens in the next two years - then Donald Trump is almost guaranteed to be re-elected in 2020.

Now that the Democrats have re-taken the US House of Representatives and especially if Nancy Pelosi is made Speaker once again - if a debt crisis happens (no matter the cause) - the Democrats will take the brunt of the blame in people's minds.

"The economy was doing great until the 'crazies' took control of the House" will be the talking point of every Republican up for election in 2020. Correlation will absolutely equal causation in the political ads. And President Trump will once again echo "Jobs Not Mobs" as THE campaign slogan of 2020.

I'm certainly not rooting for a debt crisis. And I agree that to avoid this all the Democrats would have to do is not be crazy. But I'm a realist - thus the prediction. Donald Trump will be a two-term President. 

Principles for Success

Potentially life changing advice from Ray Dalio that will take just 30 minutes of your time.

If you want more detail about Ray and his journey I recommend his book Principles: Life and Work. 

How the Economic Machine Works

An excellent video by Ray Dalio that is the equivalent of a semester's worth of Economics 101 knowledge in just 30 minutes. Well worth your time.