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Cake day: 2025年8月23日

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  • A very simple strategy is buying less US assets and more international assets than you would hold if the US stock market was not weighted so heavily towards Friend Computer. If 60% of my stocks were in the US in 2015, I might hold 30% today (this is not financial advice).

    Contra Doctorow there are lots of strategies someone can chose if they think the US stock market is likely to collapse in the next three years. Eg. there are people in the USA who bought some chickens and seeds last winter, or who started new jobs or new education outside the USA. Deciding to act is the hardest.













  • Piper’s self-described many unpopular beliefs that the rest of society considers loathsome

    If Piper ever starts to publish essays on what goals and policy positions she thinks make her or SlateScott “sincere centre-leftists” they are going to be a trip. Just the explanation why she feels more comfortable saying what she believes under Robert F. Kennedy Jr. and Big Balls than under Biden’s centrist technocrats would require a few doses of my favourite substance to get through.

    Edit: I would also love to hear “so you agree that the talking head on Fox News who suggested executing the homeless is despicable, what about your friend Scott Alexander proposing to sterilize the poor and substance users before they receive help?”