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"I never trust a man who doesn't have enemies." - @nntaleb

There's a line I read in a biography of Michael Jordan that said: "Everyone wanted to be like Mike. Mike did not want to be like anyone else." Munger was like that. Authentically himself. Trusted his own judgement. Ran his life by what he called "an inner clock."

Today I flew to New York City for a Catholic funeral, a very sad day (more, later, when I can muster the strength). At the wake I could not manage to get joyful. Then I had a conversation with the priest, a Jesuit. Jesuits are formidable intellects. There is hope.

You don't get rich by: Cutting lattes Using coupons Maximizing credit card reward points You get rich by: Consistently raising your income Owning equity in a growing business Buying income-producing assets every single month Don't major in the minor. Focus on your career and investments if you want to build wealth.

high-iq minds share one trait: intellectual promiscuity. they flirt with ideas. they date concepts. they never marry one. they can read marx and nietzsche in the same afternoon, quote the quran and quantum physics in the same breath, build a circuit board while questioning metaphysics. true intelligence isn’t loyal. it betrays beliefs the second better evidence appears. it doesn’t believe in ideas; it plays with them. tests them. breaks them. recombines them. low-iq minds aren’t dumb; they’re just addicted to certainty. they need a single framework to feel safe. one ideology to belong to. but the agile mind? it loves ideas without needing to own them. it studies everything. it belongs nowhere; yet understands everything.

Can someone tell me why over a 10-20 yr period a momentum etf with 3% tail risk hedge wouldn’t wildly outperform

@TheMaineWonk @NRA Nice red herring from Bessent. So again bringing a concealed weapon is justification for state murder? Trumpism = Nazism

Your move @NRA.

At the risk of inviting more people than usual to call me nasty names - some of you may not like this take, but it's accurate.

"A country's assets reside in the tinkerers, the hobbyists, and the risk-takers." - Nassim Nicholas Taleb

Don’t see her as chaotic. See her as destructive Destructive is more accurate

When Democrats are in power, libertarians get called right-wingers. When Republicans are in power, libertarians get called liberals. We're the ones consistently calling out authoritarianism. They're the ones with blinders on half the time, when their side has control.

@PressSec @CynicalPublius Sick red herring Karoline

Tim Walz does NOT believe in law and order.  No amount of propaganda from his allies in the liberal media will convince the American people otherwise. Under the incompetent leadership of Tim Walz, Minnesota oversaw massive fraud schemes that resulted in tens of billions of dollars in stolen American taxpayer funds.  Walz refuses to allow local and state law enforcement to cooperate with ICE in arresting and removing dangerous criminal illegal aliens from Minnesota communities.  Since President Trump took office, Walz has released nearly 500 criminal illegal aliens back onto Minnesota’s streets instead of transferring them to federal law enforcement custody. Walz has spread malicious lies about federal law enforcement officers, placing targets on the backs of the men and women who risk their lives every day to remove illegal alien murderers, rapists, pedophiles, and gang members from our streets.   Walz wants chaos which is why he’s repeatedly encouraged left-wing agitators to stalk and record federal officers in the middle of lawful operations, leading to officers being doxxed, targeted, impeded, and placed in extremely dangerous situations. Don’t forget, this is the same Tim Walz who allowed rioters to burn Minneapolis in the summer of 2020.  President Trump will never back down on his core promise to deport violent illegal criminals from American communities — a promise that nearly 80 million Americans voted for, over the Open Borders Agenda of Kamala Harris and Tim Walz.   Governor Walz should do the right thing by Minnesotans and work WITH, rather than AGAINST, federal law enforcement.  Just look at states like Florida and Texas, and cities like Washington, DC — when there is cooperation among law enforcement, there is peace and safety.

@EricLDaugh Can the FBI just enforce the law without adopting every leftist gun banner talking point? 🚫Carrying a gun = bad intentions. 🚫Loaded guns = bad guns. 🚫Spare magazines = extra bad. 🚫More than 10 rounds = bad.

Carrying a firearm is not a death sentence, it’s a Constitutionally protected God-given right. newsweek.com/thomas-massie-…

The far right has corrupted the term conservative. Growing fed govt power, centralizing it into Executive, shredding Constitution & building massive police state with help of corporations isn’t conservative. They’re too chickenshit to call it what it is: National Socialism.

In Iraq if I disarmed an Insurgent then shot him I would be breaking rocks at Leavenworth. There needs to be accountability for this one 100% and more training until then get them away from the public because so far all I see is needless escalation.

@KatTimpf Good for you Kat! The logical and verbal jumping jacks are unreal

“Let me get this straight: We go to a country, we capture their leader, we bomb it, & then we say we run this country now — and that's not war. But when they send cocaine over here, that people are willingly snorting — that is war. That doesn't make any sense.”

Trump really decided invading Venezuela was easier than building Keystone XL

The Emperor is overjoyed to announce the appointment of Marcus Rubius as the Provincial Governor of Venezuela and has decreed six days of games in his honor

@BillAckman Come on Bill you’re smarter than that. The US isn’t abducting Vlad Putin in the middle of the night. Very rare poor take from you

The removal of Maduro will lower oil prices, which is good for America and very bad for Russia. A weaker Russian economy will increase the probability that the war in Ukraine ends sooner and on more favorable terms for Ukraine. And Putin will be sleeping in his safe room from this point going forward.