Stuff I found interesting or amusing and thought I'd share.
- ESPN created this monster. "TV money and legalized gambling ruined college sports."
- Dan Wetzel: Sorsby ruling a temporary injunction that will cause permanent damage.
- What would it look like if the AI bubble burst?
- How three economists built blueprints for taking your stuff.
Stuff I found interesting or amusing and thought I'd share.
- The paradox of medical AI implementation. Medical AI is not there yet - but soon?
- From the archives: In praise of slowness.
- Interesting - Magnified Sand.
- The fastest V-Shaped Recovery Ever. Lot of information to give one pause (BTW "semi" stand for semiconductor not semi-truck).
"In the first day of trading since Xi Jinping effectively secured ultimate power for life at the CCP 20th National Congress, Chinese stocks have crashed." Stocks had their worst day in Hong Kong since the 2008 financial meltdown and the Chinese yuan is now at a 14-year low.
"The Chinese stocks bloodbath came despite the Chinese National Bureau of Statistics releasing new data showing China's GDP grew 3.9 percent in the third quarter of 2022 (year-on-year)." So basically foreign investment is fleeing the country at the same time the "official" GDP numbers from the CCP say things are fine.
To paraphrase a popular Hong Kong saying, "Don't trust China's GDP numbers, Xi Jinping is asshole!"
Jack Ma could not be reached for comment.
New rules may make retail frontrunning virtually impossible. Bad news for companies like Robinhood.
I too will believe it when I see it.
Stuff I found interesting or amusing and thought I'd share.
- Cool - The Physics of Karate (HT Newmark's Door)
- Matt Taibbi on Daniel Ellsburg with some good Gulf of Tonkin background.
- Interesting - Industry composition of US stocks
- Declassified documents may explain why nuclear sub USS Thresher sank
Stuff I found interesting or amusing.
- Interesting look at Tesla stock.
- Speaking of stocks and the stock market.
- Baseball Bugs turns 75. (HT Daddy Pundit)
- As the Insurrection Narrative Crumbles, Democrats Cling to It More Desperately Than Ever. (HT Execupundit)
