I recently drove several hours (to the middle of nowhere) in order to try the Burger you see below. And, yes, I know you don't have to capitalize the word "burger" … But, in this case, it deserved it! Take a look.
If you are curious, the restaurant is Big Jud's in Rexburg, Idaho. And the monstrosity is Big Jud. No, sorry, it is their "Man Versus Food Burger" (which was featured on the TV show Man V. Food).
It's got 4 pounds of meat and all the accouterments … It's the type of burger that makes you say "Holy Cow!" Even the knife they give you to eat it with is scary.
Obviously, it is not the type of burger you eat because you're hungry … you eat it because you want the experience.
Rich people know it makes sense to spend money on experiences.
And smart businesses know that it makes sense to avoid competing on a commodity, and to create something unique. For example, think about Cowboys Stadium (Click to read about the Experience).
Apparently, Trump has been asking lawyers if he's able to pardon himself from the Russia Investigation. No president has ever attempted it, so it will be interesting to see how it plays out. Clever.
Here are some of the posts that caught my eye. Hope you find something interesting.
Leading the pack – Google, YouTube, and Facebook top the list (with Google, itself, getting an astonishing 28 billion visits per month) … For scale, that's over 500 times more visits than #100 site on this list.
I just got back from an economic summit in Wyoming where I spent some time with Paul McCulley. He is an economist and former managing director at PIMCO.
Despite minimal profits (literally less than a handful of profitable quarters since it started in 1994), Amazon has a market cap of roughly $470 billion in market capitalization. They've shown that there's a new algorithm for success – it's about vision and market domination. It is a long game with big stakes … and it looks like he's winning.
They've shown that there's a new algorithm for success – it's about vision and market domination. It is a long game with big stakes … and it looks like he's winning.
But You'd Still Call Them A Success
"Bezos recently told shareholders that the goal is to 'experiment patiently, accept failures, plant seeds, protect saplings, and double down when you see customer delight.'"
It's a similar idea to one that I've adopted – though on a different scale.
When people first look at Capitalogix they see a hedge fund – but that is just an application of our core capabilities. Internally, we know that we are an innovation engine that uses domain expertise in algorithmic trading, data science, and high-performance computing to generate something new.
Edges decay or disappear faster than ever before – that's what drives our pursuit of more ways to win.
When changing the way people play a game – you can't play by the same rules people used to.
Jim predicts a crash within the next year (due to the bubble on many stocks popping).
There are many things that could be the catalyst for the fall, but he predicts it will be not only the worst in your lifetime, but also in his lifetime (and he's pretty old!).
Blodget: Can anybody rescue us?
Rogers: They will try. What’s going to happen is they’re going to raise interest rates some more. Then when things start going really bad, people are going to call and say, "You must save me. It’s Western civilization. It’s going to collapse." And the Fed, who is made up of bureaucrats and politicians, will say, "Well, we better do something." And they’ll try, but it won’t work. It’ll cause some rallies, but it won’t work this time.
Blodget: And we are in a situation where Western civilization already seems to be possibly collapsing, even with the market going up all the time. Often when you do have a financial calamity, you get huge turmoil in the political system. What happens politically if that happens?
Rogers: Well, that’s why I moved to Asia. My children speak Mandarin because of what’s coming.
You’re going to see governments fail. You’re going to see countries fail, this time around. Iceland failed last time. Other countries fail. You’re going to see more of that.
You’re going to see parties disappear. You’re going to see institutions that have been around for a long time — Lehman Brothers had been around over 150 years. Gone. Not even a memory for most people. You’re going to see a lot more of that next around, whether it’s museums or hospitals or universities or financial firms.
Scary stuff.
What do you think is going to happen?
If our current actions are leading us towards a crash, what will stop it?
How will Algo trading help or hurt the outcome for the masses (and the few)?
My favorite quote of the night was: ""The statue of justice has a blindfold on because you're not supposed to be peeking out to see if your patron is pleased with what you're doing."
Watching the selective belief in Comey's statements is interesting. Sometimes it seems that Liberals only hear how Trump mishandled Flynn … while Conservatives only hear the lack of investigation into Trump's Russia ties.
At the end of the day, Trump felt finally vindicated from the left's accusations.
So, is the situation nuanced … or just plain confusing?
Here are some of the posts that caught my eye. Hope you find something interesting.
