Philosophy & business as an f(t) | Eternal knowledge over news | Economic Discovery | Redesigns of the fractal of reality | frmr @UChicago

Joined August 2018
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The idea that the infinite fractal of reality can be reduced to a dozen numbers is one of the core flaws of early 21st century thought.
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Believing things just because other people believe them is never a reason. At best, it's a starting point for logical deconstruction and empirical verification.
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1795: after much skepticism about anecdotal evidence, the Royal Navy began standard citrus rations to warships to prevent scurvy. 1912: Vitamin C was discovered. Lesson: The solution to a problem can exist and be empirically derived, before it is fully understood.
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Remember what Munger said about just buy good stuff below the 200 week moving average....
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There is something to be said for compounding, and for some careers it is essential. But life is nonlinear. One week of the right output can outperform years of work.
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Enlightenment is seeing that knowledge come from anywhere and everywhere, and is ever increasing. The most "lowly" and obscure, can have the most groundbreaking breathroughs - discovering cures and fundamental truths of nature. Many such may not be recognized for centuries.
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The immense arrogance of modern medicine is shocking. Imagine the infinite permutations of physical therapies and chemical substances, and then try to imagine the infinite combinations of these to treat a certain condition. We have a long ways to go.
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Humans like all life, evolved to survive and replicate, not accumulate "power" and wealth. Understand this and you are better able to explain all kinds of economic phenomena such as labor force participation, income inequality, and even Veblen goods.
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Ignorance is that which you don't know, you don't know. Ignorance is the default state in which we are all born and must continuously work to overcome. And in that latter sense, it is the fraternal twin of poverty.
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Was feeling nauseous, put on some classical music and hummed along in an attempt to not throw up. It worked! Vagus nerve ftw. Try it next time.
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Replaced my room's carpet with a large wool one from India from a closeout store. Price: $159. Effect on my well-being: priceless.
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If you want to give someone a book and want them to read it, give them the hardcover....
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In the 1970s, Gold went up 30% annualized. The S&P DECLINED in real terms. Lesson in there.
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Between high oil and bond yields, recession into 2027 is completely baked in at this point. The loss of political confidence and inflation is steroids on top. I don't even know what to say other than gold will vastly outperform the S&P, like it did in the 1970s.
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Listening to music is proven to lower cortisol levels. Consciously put on chill music when you feel on edge. It does work.
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Reading is best for adding to one's good beliefs, but healthy debate beats it for cleaving off bad ones. It is via engaged disagreement ones beliefs are "evolutionarily challenged."
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I rarely post political stuff but this is incredible. This is how you know empire time is almost up.
“We should ashkually let Congress commit insider trading so they can supplement their incomes.” Have we lost our minds?
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The only circumstance where it makes any sense to own a boat is if you will live on it. Lately, this is most obvious with Bezos vs Newell.
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Mind(t) retweeted
Replying to @valigo
It's early. We're in the Cambrian Explosion of Slop phase.
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Having haters is a necessary but insufficient proof of having achieved anything of significance in life. Like Micheal Jordan, channel it all into more action.

ALT Chicago Bulls Dunk GIF by NBA

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