We got the hair from Anatolia/Armenian plateau
Asides
Dhimmitude: Note the “Dei unius” “اله واحد” from the Syriac-Aramaic (חד אלאה(א to pacify the Arabs with an affirmation of monotheism after EVERY reference to the Tritinity. It is not present in Greek. “εἰς τό ὄνομα τοῦ Πατρὸς καί τοῦ Υἱοῦ καί τοῦ Ἁγίου Πνεύματος”
Michael Lewis is a fraud. We’ve know that from past books, not just this instance. In short, Michael Lewis is a novelist faking to do reporting. He follows the most lurid narrative;w/no fact checking, in subjects he knows nothing abt. Lewis never contacted Gigerenzer to get his side of the story. When I asked him why, he responded: “Aren’t you on K’s side?”
Why not 2-5% in baseball cards? The argument that it is only worth it in small quantities is for all investments (1/n) and if it is jot worth it, it is not worth it for 1, 2, 3 , 4, 5%By definition, in finance, everything has network effects as a necessary but not sufficient condition.
France is slowly converging to the idea that Napoleon was a 1) sociopath who (among other) restored slavery, 2) deserter who abandoned his own army (twice), 3) absolute potentate under the label of “revolution”, 4) state centralisor, 5) enemy of trade,& 6) liar (in war reports). Re: Napoleon. Explain to me how someone who won a lot of small battles then (literally) depleted his entire army can be seen as a brilliant general. It is like banks that make small money every year then lose their total capital during crises. Finally, Napoleon was a reckless gambler risking the lives of almost all French males of military age in a single bet. No notion of prudence for a general (except for his own safety since he deserted his own army). Explain to me what kind of a “brilliant military mind” that wd be
Actually the money came from the next sucker… the one who will end up losing the million.
I can explain nitpickers, instead. To be respected as you advance in age, you must be independent, preferably rich, physically strong, & threatening to those who f**k with you. If you’re not powerful they will never call you “wise”.
Spot the error in the graph. If it takes you more than 20 seconds, you must never be in finance. Solution: The smooth curve must not be gold, which varies. The jagged curve with *declines* must not be cumulative CPI (when was the last time you had hyperdeflation with negative CPI?). Allora the labeling (&reasoning) must be interverted.
I block people for posting fake graphs.Let me re-explain the idea. A price linked to inflation must reflect current expectations of FUTURE inflation, priced-in (probabilistically). Price changes reflect changes in expectation, & CANNOT be a hedge against inflation. An instrument arbitrageable to a basket is a hedge.
Working on it.
