Rhode Island is often referred to by its citizens as the “I know a guy,” state. When facing the bureaucratic quagmire that is state and local government here, sometimes people can get things done faster if they “know a guy.” The phrase works great for other situations as well, such as getting tickets to a […]
Shiffrin Wins Gold
Congratulations to Mikaela Shiffrin on her come from behind second run to win the gold medal in the giant slalom. Earlier this year I wondered, just how good is Michaela Shiffrin? I’m not sure I’ve ever seen anyone better. What makes Shiffrin masterful on course is the impeccable form she developed on the icy slopes […]
While American Kids Eat Tide Pods, Swiss Kids are Learning to Shoot
In America, parents are furiously attempting to prevent their kids from eating Tide Pods, an inexplicable “challenge” fad that has sent participants to the hospital. Meanwhile, in Switzerland parents are driving their kids to Jungschützen, or junior rifle courses. The number of Swiss children learning to shoot is growing rapidly. In the last two years, the […]
Do You Know How to Make an Untraceable Gun in Your Home?
I have been following the rise of the “ghost gun” movement for some time. It turns out, it’s not so hard to build your own untraceable firearm. Unsurprisingly, people in states with the most restriction on the ownership of firearms are most likely to decide to build their own at home. A whole cottage industry […]
Stand with Rand: Spending Matters
“I simply asked for one thing in this broken process: a 15-minute vote on whether those caps should or should not be broken. The furor this request set off among leadership, the wailing and screeching among Big Government advocates in Congress and in the media — well, you would think I had asked them to […]
Meet the Man Behind the Largest Private Investment Fund, Part II
When the 59-year old head of Softbank, Masayoshi Son, met with the 31-year old deputy crown prince of Saudi Arabia, Mohammed bin Salman (MbS) for 45 minutes in Tokyo, MbS committed $45 billion to Son’s Vision Fund. “Forty-five minutes, $45 billion,” Son said in September. “One billion dollars per minute.” That caught the attention of […]
Is Elon Musk Right about the Apocalypse?
Originally posted on July 3, 2017. Words that come to mind when you hear the name Elon Musk are Tesla, electric cars, solar, batteries, rockets, futurist…but prepper? It turns out Musk believes the Apocalypse is nigh, and that’s why he’s developed a plan called “Making Humans a Multi-Planetary Species,”—in other words colonizing Mars. Musk writes: […]
Meet the Man Behind the Largest Private Investment Fund
How do you lose most of your wealth in the dot com bust and then rise from the ashes to become one of the 100 richest people in the world? Good question. Meet Masayoshi Son, the 59-year-old head of Softbank, an investment company that raised $100 billion last year alone for its Vision Fund. In […]
20-Year Review: Stock Market Cuts Investors’ Wealth Roughly in Half—Twice
“Monday’s madness is a reminder that investing in stocks doesn’t automatically make people rich. Twice in the past 20 years—between 2000 and 2002, and again between 2007 and 2009—the stock market has cut investors’ wealth roughly in half,” writes Jason Zweig at the WSJ. When you think about the mathematics of investment losses (see chart […]
Dow Down 1600 Points, Websites Crash, and Vanguard GNMA
When stocks were down 1,600 points yesterday, “The websites of two of the country’s biggest robo-advisers—Wealthfront Inc. and Betterment LLC—crashed,” reports Bloomberg. I’ve never been comfortable with the idea of robo-advisers. What if the technology ends up not working? Will the so called robos have the skill and patience that I know I have? Who […]
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