CNBC: Charlie Munger warns there are ‘lots of troubles coming’ because of ‘too much wretched excess’

KEY POINTS Munger highlighted how much risk investors are taking when investing, particularly in China. “In China, … they love to gamble in stocks. This is really stupid,” Munger said. Munger also highlighted the proliferation of EBITDA as a profit metric as another sign of wretched excess, calling it “ridiculous.” “I don’t like when investment … Read more

CORONAVIRUS : 50 000 DEAD, 1.5M INFECTED AND 250M QUARANTINED ACCORDING TO CHINESE BILLIONAIRE

Damn…   CORONAVIRUS UPDATE: Coronavirus cases spike significantly as Chinese officials adopt new counting standards; US cases now at 14. New coronavirus cases spike by nearly 15,000 in China’s Hubei province as officials expand diagnosis criteria. Prevent spread of coronavirus with ‘less hugging and kissing’, says virologist. Here’s How Computer Models Simulate the Future Spread of … Read more

Switzerland Stops 5G

Switzerland Stops 5G — Medical Association Concerned About Cancer and Damage to Nervous System Sam Jones, Financial Times, Feb 12, 2020 Switzerland was among the first countries to begin deploying 5G, but health fears over radiation from the antennas that carry the next-generation mobile technology have sparked a nationwide revolt. Switzerland, one of the world’s … Read more

MSN: “Sacramento County Says It’s Illegal to Work on Your Own Car in Your Own Garage”

There’s an interesting discussion happening over at the Grassroots Motorsports forum right now, and presumably at many other places off-line. It’s about laws in Sacramento County stating, essentially, that almost any auto repair you do on your property is illegal. Of course, this is deeply troubling to almost everyone reading right now. Similar laws do exist in other … Read more

Ignore The Naysayers: Trump Administration Has Successfully Engineered An Economic Boom

by Graham Summers of Gains, Pains, & Capital I Urge You… Do Not Let Political Bias Screw Up Your Investments (#MAGA) Ignore the naysayers, the Trump administration has successful engineered an economic boom. I was recently on Cheddar discussing the markets when the anchor raised the fact that the Trump administration failed to achieve its economic goals. This … Read more

WHY DO DEMOCRATS HATE ASIANS?

State Sen. John Liu clashes with Richard Carranza over NYC Department of Education treatment of Asian New Yorkers. State Sen. John Liu ripped city schools chief Richard Carranza in Albany Tuesday for the chancellor’s treatment of Asian New Yorkers. “You’ve got a city of 8.5 million people, you’ve got 1.2 million school kids, you’ve got … Read more

I’ve been a Democrat for 20 years. Here’s what I experienced at Trump’s rally in New Hampshire.

“You see, I was one of those Democrats who considered anyone who voted for Trump a racist. I thought they were horrible (yes, even deplorable) and had worked very hard to eliminate their voices from my spaces by unfriending or blocking people who spoke about their support of him, however minor their comments. I watched … Read more

DEMONIC: Colorado State Democrats Just Voted Down Bill Mandating Medical Care To Abortion Survivors

You’d think that once a baby is breathing, it would be non-controversial to expect doctors would do everything possible to save that life, but you’d be wrong. In Colorado, legislation was put forward that would obligate medical staff to intervene and save a life once that first breath had been taken. But the abortion lobby … Read more

Democrats at Yale and Harvard under Investigation for taking Money from Chinese and Saudi Arabian Governments

Harvard and Yale universities are under investigation by the U.S. Education Department for potentially failing to report gifts and contributions they received from countries including China and Saudi Arabia. Yale may not have disclosed at least $375 million over the last four years and Harvard may lack appropriate controls to track money it receives, the … Read more

“You’re a millionaire, why the hell are you taking $3 from someone who only has $6? What kind of monster are you?”

IT’S COME TO THIS: Elizabeth Warren Tells How a Broke College Student Donates $3 to Keep Her Failing Campaign Alive. You're a millionaire, why the hell are you taking $3 from someone who only has $6? What kind of monster are you? https://t.co/lkybBPIT5R — Derek Hunter (@derekahunter) February 12, 2020   This is the woman who … Read more