Disclosure: I don’t own any Tesla and am not short Tesla… no affiliation in any way.
Question from my friend: “Thoughts on Tesla?”
My answer: “Vastly overpriced, sell it if you own it.
GM did $137b revenue last year and has a $60b market cap. Each $1 of market cap buys $2 revenue.
Tesla did $25b revenue last year and has a $768b market cap.… read more “Tesla Stock Valuation Question”
How can we dismantle calcified, bad institutions? Special interests fight as hard as possible to prevent the dismantling of institutions that are either outdated, have failed, or are just inefficient compared to other possibilities.
It used to be that bad corporations would end up in bankruptcy and would be dismantled and make room for better new companies.… read more “The most important problem of our time”
—— Important principles to understand
I used to work as a Business Analyst and do not feel that a person in that role knows enough about either side (programming or the needs of the user) to be effective.
A programmer working alone and just doing the requests he sees coming from a user is somewhat effective, but often misses key principles and ideas about how things could work, and cannot recommend the ideas that only a programmer would understand because he doesn’t know those user principles.… read more “Building Better Company Tools”
A letter to my wife.
I think prisons are a serious problem both on the public side and private side. Unfortunately, private prisons tend to be even worse than public ones. My suggestion for private prisons would be to set up a nationwide prison system based on rewarding prisons based on their recidivism rate, the average market pay of prisoners who are released, and most importantly – allow the prisoners to select the prison company of their choice.… read more “How to protect against predatory privatized prisons”
Most people believe that we need government protection. Democrats want government to protect us from corporations, poverty, and ourselves. Republican want the government to protect us from foreign nations and criminals.
The great danger in seeking protection from the government is that once a regulatory role is given to the government, the bureaucracy entrenches itself and is nearly impossible to roll back.… read more “The Great Danger of Government Protection”
I was worried I had Covid today as I was pretty sick. I had an extraordinarily difficult time finding any place they did rapid Covid testing in Pierce County. I had a nightmare experience with Walgreens where their phone service told me that I could go in and get tested, but when I showed up the pharmacist refused.… read more “Pierce County Rapid Covid Test”
Imagine an alien species with star drive technology and vastly superior intelligence appeared in large numbers on our planet. The aliens kill humans for sport, skin them, boil them alive, and often don’t even eat the meat. They drag people around on hooks buried in their intestines. They stuff dead human bodies and set them up in action positions like the Heisman pose.… read more “Man is a Nightmare Species”