For more than two decades, it's been easy for investors to focus on just US stocks and ignore all others. For non-US stocks, the numbers have been dismal, with greater drawdowns, more volatility and poorer performance in US$ terms. It appears this is changing. In US$ terms, ex-US

Will Schryver Welcome to war when the Davos Regime can't deliver actual results but owns all the opinion-making outlets.

🤔 So ... not only has the fake "bunker buster" attack failed to "obliterate" Iran's nuclear facilities, but it will likely result in Iran withdrawing from the non-proliferation treaty, and formally joining the nuclear club. Utterly genius move by the imbeciles in Washington. 🤦‍♂️

This may bruise the egos of scaling believers like Sam Altman and Dario Amodei who’ve bet billions, but, no — AGI won’t magically "emerge" just by making LLMs bigger. No memory. No world model. Just pattern-matching. The problem is the *architecture* — not the size. Link below

The US has imposed sanctions on UN Human Rights Council Special Rapporteur Francesca Albanese for using her position to oppose the most thoroughly documented genocide in history. At the same time, the US has removed Syria’s Al Qaeda franchise HTS from its list of designated

Las jirafas tienen 30 veces más probabilidades de ser alcanzadas por un rayo que las personas. Es cierto que solo se han documentado cinco impactos mortales de rayos en jirafas entre 1996 y 2010. Sin embargo, dado que la población de la especie era de tan solo 140,000 ejemplares

📜 The United States Cannot Defeat Iran How soon people have forgotten that, earlier this year, the US dispatched two carrier strike groups and a half-dozen B-2s (and other USAF assets) to disarm the Yemeni and open the selectively blockaded Red Sea. They failed. Abysmally. For

A state of war perpetually exists. There are just clusters of people that merely survive within it, largely unnoticed.

"I know that history is going to be dominated by an improbable event, I just don’t know what that event will be." - Nassim Nicholas Taleb

🔸 The Monroe Doctrine It has now been over a century since the great historian, Samuel Eliot Morison, wrote The Origins of the Monroe Doctrine, wherein he explains that it was predicated on the principle of the United States staying out of foreign entanglements. Although it

If someone is shot in the neck from 200 yards away that is irrefutably a professional hit job and someone hired by a state actor.

Is AI different? In the past technologies (dishwashers, word processors, etc.) moved workers up the added value scale, w/productivity at the bottom. AI is moving lawyers,editors,radiologists into lower value jobs: Uber drivers, waiters... Gains are going to technofeudalists

Sobre advertencia no hay engaño: Quieren sangre.

Here are the 15, 30, and 50 year amortization tables for a $500k 6.5% loan. If you take the 50 year loan at age 30, by the time you turn 50, you will still owe $447,235 after paying 632,749 in usury. This is literal indentured servitude. Oh, & they own the house until you're done

Matryoshka oil trading: Goldman Sachs says that oil exports from Lukoil and Rosneft are down ~1.1m b/d, but **simultaneosly** exports from other Russian "non-sanctioned companies" are up 1.0m b/d. (😇🤭) "Russian oil trading networks are reorganizing quickly," the bank says.

📜 Betting the Farm on the Imaginary War (November 4, 2024) It has now been ten years since I first turned my attention to the necessity of prudent financial investments in order to both preserve and hopefully enlarge the modest amount of wealth I had accumulated up to that

Thoughts on Venezuela now the smoke has cleared.⬇️ 1. Trump Doctrine. This operation was thematically similar to last summer's attack on Iranian nuclear facilities - billed as a masterstroke, collapses under scrutiny, and gives Trump cover to disengage from a foreign adventure.

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Several countries are presently attempting to avert the eruption of all-out war in our region. None of them are European. Europe is instead busy fanning the flames. After pursuing 'snapback' at the behest of the U.S., it is now making another major strategic mistake by