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2 yr. ago

  • Not all religions claim to know everything.

    Yes, the ones that do tend to be violent and oppressive, so I understand the criticism.

    But many religions are more about searching truth, learning to love each other and have community. And their followers definitely tend to be modest and have a "I don't know enough" mentality.

  • I definitely see Google/Amazon/Microsoft shedding a huge amount of market cap when the time comes to write-off the 100s of billions they invested the past two years.

    They just don't have any feasible path to recouping those investments.

    Sure, they'll never go fully broke, that's just a nice word for emphasis.

  • I realize you are confused.

    You don't appreciate that having 200 shares of a fund today, at today's valuation, is better than having 100 shares of that same fund today.

    Because that's the point I clearly made, which you ignored and constructed some kind of straw man on which you had your little Don Quixote party on.

    And if you really want to understand the philosophy, the point is to take profits prudently and buy bargains when they present themselves. And that's very much possible without exactly timing the market.

    I have never sold at the top and never bought at the bottom. I have no crystal ball to time the market, but I have made a lot of profit buying low and selling high.

  • Correct.

    It's actually a smart move.

    The dumb money are those pouring hundreds of billions into the AI hype. This is .com bubble on steroids.

    And sure, AI obviously is becoming an important market, but it will not be the current leaders who will dominate the tech. Like the internet, it's just too easy to catch up for competitors. Pouring $100B into AI today will only mean you lose out to the $1B startup in 2 years. The incumbents will go broke.

  • I remember the Russian military recruitment offices burning these past years, and their railroads getting sabotaged.

    The western press proudly stated "this is what happens when you don't allow people to protest, they turn to sabotage".

    But I guess this administration missed the memo.

  • Timing the exact top and bottom is impossible, but you can always sell at an all-time high and buy at a 52 week low.

    Personally, I find it more effective for myself if I frame it in terms of "owning the most shares" instead of "making the most dollars".

    If I started with 100 shares and now have 200 shares, I consider that a win, even if the 200 shares together are worth less than the 100 shares were at one time.

  • Yes and no.

    For non-cloud stuff, the EU would quickly legitimize cracks that circumvent anything they would try.

    For Cloud stuff, they can more easily turn that off, but then they would need to forfeit all their EU business and assets.

  • Read up on Orania. The South-African government doesn't harass those Afrikaners trying to have their own little closed community.

    And honestly, I think that approach is the best. If right wing people want to self-segregate in gate communities without harming anyone, then I think that's the least bad option.

  • Perhaps, but he does have a point.

    Boycotts, protests, press articles and just public opinion in general used to be powerful tools to influence companies and politicians.

    But they have lost their effectiveness, because companies and politicians have figured out ways to make themselves immune to boycotts and protests.

    They have engineered society to make us all dependent and confused.

    It used to be, every product in the supermarket had a smallish company behind it, and that company was very sensitive to public opinion. There was always competition ready to steal market share.

    Now all the brands are just labels for a few giant corporations. You simply can't boycott them. If one brand becomes the target of a boycott, a different brand from the same or another multinational will get the money, perhaps through a store brand.

  • I once read an article many years about how arsonists were burning expensive cars in Berlin. The journalist indeed reported that they would light barbecue starters under the tires.

    If I recall correctly, they would even place it a little bit further under the car (i.e. not the outside) so that any passerbys wouldn't notice anything until the tire was properly burning.

    This was before Tesla's though, which have a sentry mode

    With the more recent cases, I have read that they smash the windows and throw Molotov cocktails inside, but I think that would draw a lot of attention and make alarms go off.

    On the other hand, I think this method might have less risk of the sentry mode filming.

  • Most people use seedboxes for private trackers, which are superior and just as private as a VPN.

    But yeah, it's a different ecosystem and it's not for everyone.

    I do think it has replaced the old DC++ hubs of old.