Thursday, June 18, 2026

1999 AD

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Some works actually improve because they've aged badly—badly in the sense that they feel dated or that they now work in a very different...
Wednesday, June 17, 2026

Question for the MBAs in the audience, is losiing $21 billion a year bad?

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 Ed Zirton has a scoop : Today, I can exclusively report, based on audited financial documents viewed by this publication that have been ind...
Tuesday, June 16, 2026

If you're going to do a post on index funds...

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If you follow the financial press at all, be it the Financial Times, The Wall Street Journal, Business Insider, CNBC, CNN Business, Patrick ...
Monday, June 15, 2026

Paul Krugman has the perfect metaphor for the career of Elon Musk

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This pretty much nails it. Yesterday I took a short trip. I began with a ride on the local Hyperloop, which ran through a tunnel dug by Bo...
Friday, June 12, 2026

A repost to commemorate Elon Musk becoming the world's first trillionaire

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Hi! I'm Bret Rhett Chet, here to tell you why you should buy and hodl SpaceX stonk. For a mere $135/share, you get pro forma tangible b...
Thursday, June 11, 2026

It turns out that dumb money isn't an unlimited resource...

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... and if you need suckers to pony up $75 billion, it has to come from somewhere.   Hannah Lang writing for Reuters : SpaceX's much-ant...
Wednesday, June 10, 2026

Ferguson and the deconstruction of late night

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I've been meaning to do more posts on late-night talk shows in general and, in particular, Craig Ferguson ever since Colbert and Kimmel ...
Tuesday, June 9, 2026

Admittedly not as entertaining as the George Santos prediction market scandal, but arguably more disturbing.

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It's remarkable how the 2020s have made what would once have been shocking seem like no big deal. From Semafor : The owners of a top-tie...
Monday, June 8, 2026

It's been ten years.

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OK, almost ten years. The Gizmodo article was from September, 2016. If you're promising to rid the world of disease, even "attempt...
Friday, June 5, 2026

"Every fool aspired to be a knave"

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[We posted this in 2017, but somehow it still seems timely.] Today's excerpt from Charles  Mackay's  Extraordinary Popular Delusion...
Thursday, June 4, 2026

If you had a writers' room brainstorming prediction market stories, someone would pitch this in the first ten minutes. UPDATED

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From NPR:  DOJ is investigating former congressman George Santos for insider trading on Kalshi   In February, four months after being releas...
1 comment:
Wednesday, June 3, 2026

More feel-good analysis from Patrick Boyle.

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From "This Is Probably Fine!"  Over the past few weeks, people who trade government debt for a living have become somewhat agitate...
Tuesday, June 2, 2026

CBS, Byron Allen, and the business of bad television

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 This is going to take a while. Picking up on last week's thread , pretty much everything you've read about CBS replacing Colbert wi...
Monday, June 1, 2026

I voted this weekend because...

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1. I consider it my civic duty; 2. I was concerned about some of the races;   3. Voting here is secure, quick, and convenient;   4. I wante...
Friday, May 29, 2026

Exponential growth in demand is one of the sustaining assumptions of the AI bubble. This looks like something else

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Following up on our tokenmaxing post . Companies are starting to question whether soaring AI spending is delivering meaningful returns. An ...