Category: Uncategorized

https://www.nytimes.com/2020/09/30/business/big-companies-are-starting-to-swallow-the-world.html

And great HN comment “The destruction of small businesses by the crushing burden of regulatory and taxation compliance is virtually complete.

Small businesses pay 10x to 100x more for compliance per dollar of gross revenue than their multinational rivals — for laws written by their armies of lobbyists, successfully architected to extinguish their more nimble and inventive small-business competitors.”

The phrase “divide and conquer” is confusing. “Divide then conquer” is better.

Divide then conquer is a strategy as old as war itself. The idea is to split your enemy into two or more competing factions. It is then easy to join with one and conquer the other,or just to let the two sides fight it out and weaken each other.… read more “Divide Then Conquer”

A company named “snowflake” (this is a real company), that has spent $623m to earn $265m in 2020 (SGA is 3x revenue!) went public for $64 BILLION. And NKLA, a publicly known fraud, still is worth $12.4 BILLION.

And the head of the Federal Reserve said they are going to try to get inflation by pumping cash in the market through 2023.… read more “Stonks”

https://youtu.be/0vE6QkvcV-s