Curt Doolittle

Theme: Incentives

  • Civil War’s Incentive Is Looting

    Everyone virtue signals, but the truth is that the principle motivation for participation in war is looting. Loot is an incredibly exciting incentive for the disenfranchised male. So political objectives can most often be accomplished not thru demonstrations of force before the government, marching in the street before the citizenry, or fighting in the streets against opponents, but instead by the systematic looting and burning of homes and businesses, of opponents, whether private, commercial, or public. Looting is necessary for the continuous supply and survival of a group of any size. From food, ammunition, and fuel, to cash, to valuables, to toys. The more looting the more burning the less order the faster the demands are met. Especially when those demands are military coup.

  • Civil War’s Incentive Is Looting

    Everyone virtue signals, but the truth is that the principle motivation for participation in war is looting. Loot is an incredibly exciting incentive for the disenfranchised male. So political objectives can most often be accomplished not thru demonstrations of force before the government, marching in the street before the citizenry, or fighting in the streets against opponents, but instead by the systematic looting and burning of homes and businesses, of opponents, whether private, commercial, or public. Looting is necessary for the continuous supply and survival of a group of any size. From food, ammunition, and fuel, to cash, to valuables, to toys. The more looting the more burning the less order the faster the demands are met. Especially when those demands are military coup.

  • CIVIL WAR’S INCENTIVE IS LOOTING Everyone virtue signals, but the truth is that

    CIVIL WAR’S INCENTIVE IS LOOTING

    Everyone virtue signals, but the truth is that the principle motivation for participation in war is looting. Loot is an incredibly exciting incentive for the disenfranchised male. So political objectives can most often be accomplished not thru demonstrations of force before the government, marching in the street before the citizenry, or fighting in the streets against opponents, but instead by the systematic looting and burning of homes and businesses, of opponents, whether private, commercial, or public. Looting is necessary for the continuous supply and survival of a group of any size. From food, ammunition, and fuel, to cash, to valuables, to toys. The more looting the more burning the less order the faster the demands are met. Especially when those demands are military coup.

    Source date (UTC): 2018-07-28 18:27:00 UTC

  • photos_and_videos/your_posts/37782797_10156523234712264_4987516826721189888_o_10

    photos_and_videos/your_posts/37782797_10156523234712264_4987516826721189888_o_10

    photos_and_videos/your_posts/37782797_10156523234712264_4987516826721189888_o_10156523234702264.jpg Steve PenderI was surprised their market cap is now 500B, hadn’t noticed since their IPO when I laughed at 100B. I just don’t see it, still don’t.Jul 26, 2018 4:08pmCurt Doolittlethere is a long way to go downJul 26, 2018 4:09pmRob EllermanWhen they moved past GE I knew we were in bizarro world — then GE launches their ad campaigns about how they were a millennial tech friendly company … it’s just stupidity squaredJul 26, 2018 4:41pmMichael ChurchillThey have 2.2 billion users. That is a lot, and justifies a very large valuation. Part of what’s happening is the law of large numbers: How much more can they grow? Also youths are being drawn to other, more operationally retarded platforms.

    The underlying principle of Facebook is still fabulous. The problem is pollution of the commons. It requires diligence to constantly block people who post stuff that is not interesting to oneself.

    Curt’s idea that it should be a utility and regulated as such makes sense in a way. That said, to say Facebook is a utility is to sort of suggest that there shouldn’t be competition between social networking sites. But that doesn’t seem right either. We have Twitter, Instagram, Linked In. They all compete with Facebook.Jul 26, 2018 4:48pmJC TrottTrump curse strikes againJul 26, 2018 4:59pmCurt Doolittle???Jul 26, 2018 4:59pmRob EllermanNot debating the value and network effects of a large user base – The economics of software development is changing rapidly … another way to state it is easy come … easy goJul 26, 2018 5:00pmJC TrottEverything/everyone that goes against him winds up fucked.Jul 26, 2018 5:00pmJC TrottIt’s been happening since before the election. Look at the CEOs that talked shit, the countries that talked shit, the international leaders that talked shit, the Hollyweird people that talked shit. Everybody/ every organization that talks shit about him gets kicked in the teeth.Jul 26, 2018 5:01pmSteven KolpekFolks who skip the Trump Train gets caught out in the rain.Jul 26, 2018 5:33pmJC TrottThat’s because there’s no brakesJul 26, 2018 5:33pmDavin EastleyInstagram is owned by FB. :)Jul 26, 2018 5:36pmSabrina SilviuI bet there will be huge buy volumes after this.Jul 26, 2018 6:52pmSabrina SilviuMy fund bought western union after it dropped 1/3 of its value amid an exaggerated downward momentum in fall of 2012. Don’t take ‘jumps’ as such too seriously as a long term investor on large caps, for more serious warning signs of downward pressure can be seen in consolidated movements over the years (see the chart of arcelor mittal for example). Of course it all depends on your time horizon

    https://www.google.com/amp/s/www.foxbusiness.com/features/western-union-whacked-25-lower-on-gloomier-12-view.ampJul 26, 2018 7:10pmHolly MorriganUsers leaving a platform with notoriously biased and heavy-handed censors? imagine my shockJul 26, 2018 7:34pmTony SzaboUser growth is allegedly not what was projected and the EU regulations are being blamed. So it seems speculation not valuation. Might have something to do with certain people unhappy about the CEO saying holocaust denial can be a genuine point of view.Jul 26, 2018 8:13pmEric BestYounger users leaving a platform after the boomer invasion.Jul 26, 2018 9:36pmEly HarmanThere is only one major social media site in each basic format.Jul 27, 2018 2:57amChristopher IvančićIf the Zucc only banned “Holocaust Deniers” then none of this would ever of happened..Jul 27, 2018 2:53pm

    Source date (UTC): 2018-07-26 16:01:00 UTC

  • photos_and_videos/TimelinePhotos_43196237263/37782797_10156523234712264_49875168

    photos_and_videos/TimelinePhotos_43196237263/37782797_10156523234712264_49875168

    photos_and_videos/TimelinePhotos_43196237263/37782797_10156523234712264_4987516826721189888_o_10156523234702264.jpg Steve PenderI was surprised their market cap is now 500B, hadn’t noticed since their IPO when I laughed at 100B. I just don’t see it, still don’t.Jul 26, 2018 4:08pmCurt Doolittlethere is a long way to go downJul 26, 2018 4:09pmRob EllermanWhen they moved past GE I knew we were in bizarro world — then GE launches their ad campaigns about how they were a millennial tech friendly company … it’s just stupidity squaredJul 26, 2018 4:41pmMichael ChurchillThey have 2.2 billion users. That is a lot, and justifies a very large valuation. Part of what’s happening is the law of large numbers: How much more can they grow? Also youths are being drawn to other, more operationally retarded platforms.

    The underlying principle of Facebook is still fabulous. The problem is pollution of the commons. It requires diligence to constantly block people who post stuff that is not interesting to oneself.

    Curt’s idea that it should be a utility and regulated as such makes sense in a way. That said, to say Facebook is a utility is to sort of suggest that there shouldn’t be competition between social networking sites. But that doesn’t seem right either. We have Twitter, Instagram, Linked In. They all compete with Facebook.Jul 26, 2018 4:48pmJC TrottTrump curse strikes againJul 26, 2018 4:59pmCurt Doolittle???Jul 26, 2018 4:59pmRob EllermanNot debating the value and network effects of a large user base – The economics of software development is changing rapidly … another way to state it is easy come … easy goJul 26, 2018 5:00pmJC TrottEverything/everyone that goes against him winds up fucked.Jul 26, 2018 5:00pmJC TrottIt’s been happening since before the election. Look at the CEOs that talked shit, the countries that talked shit, the international leaders that talked shit, the Hollyweird people that talked shit. Everybody/ every organization that talks shit about him gets kicked in the teeth.Jul 26, 2018 5:01pmSteven KolpekFolks who skip the Trump Train gets caught out in the rain.Jul 26, 2018 5:33pmJC TrottThat’s because there’s no brakesJul 26, 2018 5:33pmDavin EastleyInstagram is owned by FB. :)Jul 26, 2018 5:36pmSabrina SilviuI bet there will be huge buy volumes after this.Jul 26, 2018 6:52pmSabrina SilviuMy fund bought western union after it dropped 1/3 of its value amid an exaggerated downward momentum in fall of 2012. Don’t take ‘jumps’ as such too seriously as a long term investor on large caps, for more serious warning signs of downward pressure can be seen in consolidated movements over the years (see the chart of arcelor mittal for example). Of course it all depends on your time horizon

    https://www.google.com/amp/s/www.foxbusiness.com/features/western-union-whacked-25-lower-on-gloomier-12-view.ampJul 26, 2018 7:10pmHolly MorriganUsers leaving a platform with notoriously biased and heavy-handed censors? imagine my shockJul 26, 2018 7:34pmTony SzaboUser growth is allegedly not what was projected and the EU regulations are being blamed. So it seems speculation not valuation. Might have something to do with certain people unhappy about the CEO saying holocaust denial can be a genuine point of view.Jul 26, 2018 8:13pmEric BestYounger users leaving a platform after the boomer invasion.Jul 26, 2018 9:36pmEly HarmanThere is only one major social media site in each basic format.Jul 27, 2018 2:57amChristopher IvančićIf the Zucc only banned “Holocaust Deniers” then none of this would ever of happened..Jul 27, 2018 2:53pm

    Source date (UTC): 2018-07-26 16:01:00 UTC

  • The Fixed, Equilibrial, and Unlimited Pies 😉

    The left see a fixed pie when convenient and an endless pie when convenient, but they never seem to notice that it is demand for reciprocity and the division of perception, cognition, knowledge, and advocacy along short, medium, and long term time horizons that continuously produces an ever expanding pie.

  • The Fixed, Equilibrial, and Unlimited Pies 😉

    The left see a fixed pie when convenient and an endless pie when convenient, but they never seem to notice that it is demand for reciprocity and the division of perception, cognition, knowledge, and advocacy along short, medium, and long term time horizons that continuously produces an ever expanding pie.

  • Curt Doolittle updated his status. UM. ELIMINATING TAX HAVENS IS BAD POLICY. Is

    Curt Doolittle updated his status.

    UM. ELIMINATING TAX HAVENS IS BAD POLICY.

    Is eliminating corporate tax havens such a good idea?

    Juan Carlos Suárez Serrato says maybe not:

    —“We show that eliminating firms’ access to tax havens has unintended consequences for economic growth. We analyze a policy change that limited profit shifting for US multinationals, and show that the reform raised the effective cost of investing in the US. Exposed firms respond by reducing global investment and shifting investment abroad — which lowered their domestic investment by 38% — and by reducing domestic employment by 1.0 million jobs. We then show that the costs of eliminating tax havens are persistent and geographically concentrated, as more exposed local labor markets experience declines in employment and income growth for over 15 years. We discuss implications of these results for other efforts to limit profit shifting, including new taxes on intangible income in the Tax Cuts and Jobs Act of 2017.”—

    via Tyler Cowen

    Source date (UTC): 2018-07-25 12:45:59 UTC

  • UM. ELIMINATING TAX HAVENS IS BAD POLICY. Is eliminating corporate tax havens su

    UM. ELIMINATING TAX HAVENS IS BAD POLICY.

    Is eliminating corporate tax havens such a good idea?

    Juan Carlos Suárez Serrato says maybe not:

    —“We show that eliminating firms’ access to tax havens has unintended consequences for economic growth. We analyze a policy change that limited profit shifting for US multinationals, and show that the reform raised the effective cost of investing in the US. Exposed firms respond by reducing global investment and shifting investment abroad — which lowered their domestic investment by 38% — and by reducing domestic employment by 1.0 million jobs. We then show that the costs of eliminating tax havens are persistent and geographically concentrated, as more exposed local labor markets experience declines in employment and income growth for over 15 years. We discuss implications of these results for other efforts to limit profit shifting, including new taxes on intangible income in the Tax Cuts and Jobs Act of 2017.”—

    via Tyler Cowen

    Source date (UTC): 2018-07-25 08:45:00 UTC

  • “A friendly reminder it’s no longer in young men’s interest to preserve the soci

    —“A friendly reminder it’s no longer in young men’s interest to preserve the social order”—Brendan Hegarty

    Source date (UTC): 2018-07-24 03:11:16 UTC

    Original post: https://twitter.com/i/web/status/1021593630677643266