(They drew the yellow part way too short here, historically — 2020 was cut short by extremely atypical macro disaster, with the yellow part being much longer in all other cycles — but right basic idea.)
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🚨WTF?! LA County just admitted they’ve LOST CONTROL of their emergency alert system
You can even hear one going off in the room as the Emergency Management Director speaks
MILLIONS of people are getting erroneous alerts telling them to evacuate, even if they’re 10+ miles from any fire or evacuation zone.
These people are wildly incompetent.
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You can even hear one going off in the room as the Emergency Management Director speaks
MILLIONS of people are getting erroneous alerts telling them to evacuate, even if they’re 10+ miles from any fire or evacuation zone.
These people are wildly incompetent.
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“Risk Management” = “Safetyism”?
Saw a lot of guys get wrecked last year, when they switched from a backtestably-decent buy & hold until binance/billion or zero strategy,
to a “risk management” strategy of dumping it all at the first pullback
— a major change in strategy, which none ever even bothered to consider historically-backtesting at all
Predictably, their whole portfolios ended up wrecked, as their new strategy ended up repeatedly dumping early 200x & 700x’s, which would’ve easily saved their whole portfolio 10x over
Sound familiar?
Sure sounds like something the left has used a ton in the past few years
= Left’s “safetyism”
Masks for your "safety”, even if really they make things worse
“Vaccines” for your “safety”, even if they make things worse
New laws in the name of “safety”, even if they make everyone less safe
— They can just magically say that the intent of something is “safety”,
and then all brains instantly switch off
Suddenly no one bothers to assess whether a supposed “safety” measure increases “safety” at all, or if decreases it
“How dare you question this safety practice! It’s got safety in the name!”
Do people’s brains totally turn off whenever something is done in the name of “risk management” — in the same way that people’s brains turn off whenever something is done in the name of the left’s “safetyism”?
Is what people often call risk management, e.g. dumping 100% upon the first pullback — not really risk-reducing at the portfolio level at all, and in fact clearly doing the opposite most of the time?
So-called “Risk Management” :: Left’s “Safetyism"?
Pic unrelated
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Saw a lot of guys get wrecked last year, when they switched from a backtestably-decent buy & hold until binance/billion or zero strategy,
to a “risk management” strategy of dumping it all at the first pullback
— a major change in strategy, which none ever even bothered to consider historically-backtesting at all
Predictably, their whole portfolios ended up wrecked, as their new strategy ended up repeatedly dumping early 200x & 700x’s, which would’ve easily saved their whole portfolio 10x over
Sound familiar?
Sure sounds like something the left has used a ton in the past few years
= Left’s “safetyism”
Masks for your "safety”, even if really they make things worse
“Vaccines” for your “safety”, even if they make things worse
New laws in the name of “safety”, even if they make everyone less safe
— They can just magically say that the intent of something is “safety”,
and then all brains instantly switch off
Suddenly no one bothers to assess whether a supposed “safety” measure increases “safety” at all, or if decreases it
“How dare you question this safety practice! It’s got safety in the name!”
Do people’s brains totally turn off whenever something is done in the name of “risk management” — in the same way that people’s brains turn off whenever something is done in the name of the left’s “safetyism”?
Is what people often call risk management, e.g. dumping 100% upon the first pullback — not really risk-reducing at the portfolio level at all, and in fact clearly doing the opposite most of the time?
So-called “Risk Management” :: Left’s “Safetyism"?
Pic unrelated
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Media is too big
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NEW: Zuckerberg says the Biden admin demanded Meta to censor memes: "All these different agencies and branches of government started coming after our company. It was brutal."
Well, ya could’ve just told the public that at the time, as others did
Stopping the government from being able to pin it all on you, probably rightfully, since you carried out the censorship without resistance
And then everyone wouldn’t be seeing you as a snake
Transparency stops triangulation
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Well, ya could’ve just told the public that at the time, as others did
Stopping the government from being able to pin it all on you, probably rightfully, since you carried out the censorship without resistance
And then everyone wouldn’t be seeing you as a snake
Transparency stops triangulation
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