328000+ entries in 0.094s
mircea_popescu: BingoBoingo panacea's almost a year old, jd is almost two. these aren't histories, berkshire is like 50 years old.
mircea_popescu: yes, like 1mn and a little sold, and i have almost 1mn which is sitting in the book
mircea_popescu: hehe we don't even have enough history yet to really evaluate risk
mircea_popescu: this is a little over ideal weight imo, will trim it over time as other venues become able to absorb moar capital
mircea_popescu: so there we go. 213.15567101 btc added to f.mpif in exchange for 1mn extra shares, invested 100 into panacea and 113.15567101 into jd.
mircea_popescu: some guy who simply blindly and slavishly followed da vinci's orders has overall better chances to make his own masterpieces in 30 years than some kid sitting on his ass on reddit all day.
mircea_popescu: thestringpuller it depends to a huge degree whose orders tho.
mircea_popescu: it;'s not enough they aren';t fucking soldiers anymore. for their sins, they also cant have generals now.
mircea_popescu: but it also makes it impossible for them to be helped.
mircea_popescu: so there we have it : the cleaving between substance and essence makes it impossible for people to live,
mircea_popescu: and get out the cane and start caning them liberally per mistake.
mircea_popescu: suppose i walk into a 3rd year computer science class at mit, and proceed to make the kids do one arithmetic problem, and then once they fuck it up make them do one hundred, by hand,
mircea_popescu: would he likely be loved ? or on the contrary, despised as a total fucking moron of aggregated pointless idiocy ?
mircea_popescu: because you see... suppose someone inssited they do everything old style.
mircea_popescu: by now, the soldiers are sort-of carrying 30ish lbs of crap, and it's more like "you gotta be a suycker to carry all that".
mircea_popescu: now, fast forward to caracalla. one of the least bearable emperors in history.
mircea_popescu: see ? but the greatest general the romans ever had, arguably, was loved for this very important fucking point, to the soldiers of the time :
mircea_popescu: he was popular with the troops because he carried his fucking gear.
mircea_popescu: you essentially couldsn't get married if you didn't do well i nthe military, so italso self-selected.
mircea_popescu: this was military life, at the time, and them folks were... pretty healthy.
mircea_popescu: which they carried, on foot, for about 30 miles a day, for weeks on end.
mircea_popescu: meh. read some classical source sometime, well worth the effort. anyway.
mircea_popescu: cca 300 bc, the roman military consisted of citizens. they went on campaign as the field work was done, raped and pillaged, then lay down their arms and did the fields.
mircea_popescu: ok, let me work the latin military example, i think it's the best way in.
mircea_popescu: i;m arguing against trying to implement attempts at eating-and-keeping cake.
mircea_popescu: but essentially... it is pernicious to everyone. and this has so far gone un noticed.
mircea_popescu: substantially, it's pernicious to the poor. and this is obvious.
mircea_popescu: why are the poor masters of their own life ? what nonsense is this!
mircea_popescu: bounce but the problem is the "they" in there. why should they turn off the telly or not turn off the telly ?
mircea_popescu: bitcoinpete it happened before. it's exactly how rome looked, 100 to 500ish ad. legionaires too lazy to wear... the helmet. the cuirass was long before abandoned, and even beforer that the shield.
mircea_popescu: the essence/substance distinction is not a matter subjective. what they think and represent has little import.
mircea_popescu: bitcoinpete this was the theory, cca 1950 to 1980s. it meanwhile failed.
mircea_popescu: and busy != entertained, because the later is self-managed, the former is not. imposing upon the poor is the essence of busywork, not just that they're occupied, but that they're occupied with other's orders.
mircea_popescu: similar to the kid that goes to college to learn vs the kid that goes to college to get the diploma.
mircea_popescu: bounce no no, what i mean is quite this : the trannies in florida get the silicone to look a certain way. the african tribesmen get the cut to be a certain way. there's a meta level of distinction.
mircea_popescu: bitcoinpete huge diff between busy and entertained tho.
mircea_popescu: generally they want to be cut for similar reasons to women wanting to be my slaves, it's an educational experience.
mircea_popescu: well yeah, which is what confounds the example that's prolly very clear cut to you.
mircea_popescu: this somehow switched, 180. and i can't find when, or why.
mircea_popescu: for as long as the british empire endured, the thinking was that the poor have to be kept busy
mircea_popescu: i mean this welfare nonsense is a) very recent and b) never seems to have been critically considered.
mircea_popescu: so perhaps the problem is that so many poor idiots are also idle.
mircea_popescu: yeah, but you know... back in 1700 there seems to be a complete dearth of bohemian peasants that sat around injecting silicone in their butts to look more like women.
mircea_popescu: “Experts say people resort to illegal ‘pumping parties,’ where customers outside a hospital or clinical setting are injected with anything from Botox to industrial-grade silicone, out of convenience or because they lack insurance or access to health care and legitimate plastic surgery.”
mircea_popescu: " as we've seen, there's a market for convenience, any convenience at all" << that part.
mircea_popescu: well no, i selected the "what to do about idiots". you seemed to say that well... empowering their idiocy through catering to their whims is a net positive.
mircea_popescu: bitcoinpete the wench brings the drinks, i bring the lolz, is it ? :D
mircea_popescu: "Played monopoly, paid his buy-in". if there was a more marginal marginal ever...
mircea_popescu: kakobrekla the dude that kept coming to derp in here ?
mircea_popescu: and only because i was just writing on this, and my conclusion was "burn it with fire"
mircea_popescu: <bounce> I don't particularly like the model, but if above assumptions hold it's not acutally an outright bad idea. << what's that then ?