tag:blogger.com,1999:blog-1527840491496268397.post2872019220135298915..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Books Read - Q2 2021Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1527840491496268397.post-14636633220943205242022-02-13T14:32:54.616-07:002022-02-13T14:32:54.616-07:00However, Boomers' student protests gave the id...<i>However, Boomers' student protests gave the ideas the appearance of popular support they wouldn't have been able to otherwise claim. So, does one blame Boomers or does one blame the largely Silents and GI Generations that indulged them? I argue it is as with spoiled children: when they are children, you blame the parents; when they are adults, you blame the person. In the case of the Boomers, as they left college and moved into adulthood they did not correct course on any of the progressive agenda, especially when they directly benefited from it. If it benefited them, they doubled-down. In contrast, when it personally cost their cohort money, they could and did reverse course. I blame the Boomers.</i><br />https://www.creditbubblestocks.com/2022/01/guest-review-pdxsag-on-boomers-men-and.htmlCPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-20703058719085738272021-07-01T23:33:39.312-07:002021-07-01T23:33:39.312-07:00The Ruhlman book (along with Buford) reminded me o...The Ruhlman book (along with Buford) reminded me of another thing I've come to realize and so happens is my newest and best advice to anyone 18-28 years old. If you have a passion, move to whichever is the greatest place for pursuing that passion.<br /><br />Damn the expense, just do it. Assuming it's not something so over-subscribed your success depends entirely on court politics (eg. acting in LA and NYC, do-gooder staffer in WashDC) you'll be surrounded by a bunch of other people equally invested in that passion and they will make sure you don't fail purely on account of funds.<br /><br />The second and <i>maybe</i> third greatest place for it might work, but you really should aim for the number one place, if at all possible for you.<br /><br />Ruhlman and Buford both went to NY to cook and write. Buford went even further to Italy for cooking. It shows in their writing.<br /><br />This is my advice to my own kids too.Allan Folzhttps://www.blogger.com/profile/06762674627739423845noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-50017146794288820052021-07-01T22:28:15.296-07:002021-07-01T22:28:15.296-07:00Disappointing, but not surprising that the Boomer ...Disappointing, but not surprising that the Boomer book is a 2/5. I downloaded and read the sample chapter and sensed a strong undertone of neo-Marxism from the author. They are the type that assigns blame for all of crony-capitalism's ills to capitalism, rather than cronyism. You see, they don't have a quarrel with cronyism, they have a quarrel with which sets of cronies are making the obscene profits. So they blame capitalism for the generally perceived messiness to it.<br /><br />As for the Boomers, I've been disgusted with them since the 90's. I do recall having this discussion of whether the blame lay with them or their parents of the Statist (some call it Greatest) Generation that indulged them. I settled on that when you see a spoiled child you blame the parents, but adults are expected to know and act better. You blame the narcissistic adult on themself.<br /><br />Boomers are the narcissistic generation that sacrificed nothing for anything, failed up at every turn, took out a mortgage on their children's future after they had squandered the inheritance that was left to them, and, to top if off, have the outrageous arrogance to think they actually earned any of their good fortune and deserve to be congratulated for it.<br /><br />While it is true all the worst tendencies of globalism were well in play before they were old enough to be in charge, there is not a single point in time in which one could say they self-corrected and altered course on the all too obvious logical conclusions of that trajectory. Every single bad idea that was out there in the 60's and 70's they doubled-down on in the 80's and 90's, and doubled-down on again in the 00's and 10's, and sadly a third time now for the 2020's.<br /><br />So, nope. They are narcissistic adults and get no quarter.<br /><br />As for what happened in 1971, I think the mind virus of Malthusianism somehow infected the Elites at the highest levels. Since 86% of people uncritically believe what their peer group believes, the Elites have given up on trying to make a better planet, and instead are working on making the planet "safe" from humanity. And since they are also compartmentalized idiots, they have huge and obvious conflicts in how they go about it, like ignoring exponential population growth in Africa while trying to engender negative population growth in the developed world, and at the same time doing nothing to address that all the developed world's economic systems are predicated on 3% growth to remain solvent.Allan Folzhttps://www.blogger.com/profile/06762674627739423845noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-57281727053609658942021-07-01T13:11:53.888-07:002021-07-01T13:11:53.888-07:00I like the John Adams thought experiment about def...I like the John Adams thought experiment about defending boomers. Because it turns out if you start asking why the previous generation fucked it up so bad you realize the can-kicking exercise extends into perpetuity historically. "Sins of our fathers" kind of thing. There are two extreme poles that form from not coming to terms with this phenomenon-- one is the idiot left revolutionary mentality that all history is a cascade of abuse and slavery, arbitrary in nature, so everyone who came before is evil and should be denounced and we can "remake mankind" on new terms. And the other is "Okay Boomerism", trying to find one scapegoat generation to blame for all of life's ills as if they had that much control over things.<br /><br />Instead I counsel the Moldbug path-- the mistakes of the previous generations are a foreign country, we should visit with an intent to understand how and why, not to assign judgment and blame.<br /><br />Hard to do when you're living with the consequences of their mistakes and missed opportunities. But then, that's humanity for you! One big happy family.<br /><br />If you looked at the 1971 divergence as a business experience versus other businesses, you'd ascribe the durable, persistent effect to some kind of strategic advantage, aka, a moat.<br /><br />Captain Obvious way of saying there was a strategic, systemic shift that occurred. So the "blame" for these particular phenomena is pretty obvious-- whatever that change was.<br /><br />Few know this!Taylor Conanthttps://www.blogger.com/profile/18270678440957992085noreply@blogger.com