Theme: Productivity

  • 3 – There is a very good reason why the stock market is in NY, the Bond in Londo

    3 – There is a very good reason why the stock market is in NY, the Bond in London, Heavy Capital in Germany, and Military in Russia. Each varies in the trust (and failure) that they tolerate.


    Source date (UTC): 2018-03-20 17:22:10 UTC

    Original post: https://twitter.com/i/web/status/976146895935623169

    Reply addressees: @joekatzman

    Replying to: https://twitter.com/i/web/status/976141753840410625


    IN REPLY TO:

    @joekatzman

    Warren Buffet himself says that he had near-zero success trying to ‘educate’ poorly-run businesses staffed by people of good will. So politics is always about cleavages; you just have to pick different ones. https://t.co/cXATzJBoJ8 https://t.co/jykkhniVOE

    Original post: https://twitter.com/i/web/status/976141753840410625

  • 2 -This explains why some groups specialize in warrantable goods, services, and

    2 -This explains why some groups specialize in warrantable goods, services, and information (material production) and build large companies and other groups specialize in unwarrantable goods (media, advertising, finance) and produce a distribution of smaller organizations: Trust.


    Source date (UTC): 2018-03-20 17:20:12 UTC

    Original post: https://twitter.com/i/web/status/976146399619375105

    Reply addressees: @joekatzman

    Replying to: https://twitter.com/i/web/status/976141753840410625


    IN REPLY TO:

    @joekatzman

    Warren Buffet himself says that he had near-zero success trying to ‘educate’ poorly-run businesses staffed by people of good will. So politics is always about cleavages; you just have to pick different ones. https://t.co/cXATzJBoJ8 https://t.co/jykkhniVOE

    Original post: https://twitter.com/i/web/status/976141753840410625

  • 2 – This explains why some groups specialize in warrantable goods, services, and

    2 – This explains why some groups specialize in warrantable goods, services, and information (material production) and build large companies and other groups specialize in unwarrantable goods (media, advertising, finance) and produce a distribution of smaller organizations: Trust


    Source date (UTC): 2018-03-20 17:19:17 UTC

    Original post: https://twitter.com/i/web/status/976146169515606016

    Replying to: https://twitter.com/i/web/status/975366400767295488


    IN REPLY TO:

    Unknown author

    1) Understanding is overrated, because (a) few people understand,(b) the rest either ignore it,(c) justify it,or (d) aggressively oppose it and pursue their bet interests anyway.Hence communication and understanding fails and authoring and enforcing law succeeds. @jordanpeterson

    Original post: https://x.com/i/web/status/975366400767295488


    IN REPLY TO:

    @curtdoolittle

    1) Understanding is overrated, because (a) few people understand,(b) the rest either ignore it,(c) justify it,or (d) aggressively oppose it and pursue their bet interests anyway.Hence communication and understanding fails and authoring and enforcing law succeeds. @jordanpeterson

    Original post: https://x.com/i/web/status/975366400767295488

  • 1 – People of good will create high trust companies by serving as high trust emp

    1 – People of good will create high trust companies by serving as high trust employees. As ability to manage (calculate) increases, we see Trust Remain (some groups) which specialize in warrantable goods and Trust Decline (other groups) specialize in unwarrantable goods.


    Source date (UTC): 2018-03-20 17:15:45 UTC

    Original post: https://twitter.com/i/web/status/976145279232733185

    Reply addressees: @joekatzman

    Replying to: https://twitter.com/i/web/status/976141753840410625


    IN REPLY TO:

    @joekatzman

    Warren Buffet himself says that he had near-zero success trying to ‘educate’ poorly-run businesses staffed by people of good will. So politics is always about cleavages; you just have to pick different ones. https://t.co/cXATzJBoJ8 https://t.co/jykkhniVOE

    Original post: https://twitter.com/i/web/status/976141753840410625

  • (ouch) TRUST AND GROUP SPECIALIZATION 1 – People of good will create high trust

    (ouch) TRUST AND GROUP SPECIALIZATION

    1 – People of good will create high trust companies by serving as high trust employees. As ability to manage (calculate) increases, we see Trust Remain (some groups) which specialize in warrantable goods and Trust Decline (other groups) specialize in unwarrantable goods.

    2 -This explains why some groups specialize in warrantable goods, services, and information (material production) and build large companies and other groups specialize in unwarrantable goods (media, advertising, finance) and produce a distribution of smaller organizations: Trust.

    3 – There is a very good reason why the stock market is in NY, the Bond in London, Heavy Capital in Germany, and Military in Russia. Each varies in the trust (and failure) that they tolerate.


    Source date (UTC): 2018-03-20 13:20:00 UTC

  • How Does Accounting Degree Differs From Economics Degree?

    —-”How does accounting degree differs from economics degree?”—

    (Note: economics in some countries means ‘business’ which means ‘gut course’. In Anglo countries, ‘economics’ refers to the measurement of behaviors, institutions, economies, policies, and investments using available data.)

    The difference between Accounting and Economics is the difference between Arithmetic(accounting), Algorithms (computer science) and Calculus(economics) which is only a bit less difficult than Algebraic Geometry (physics), which is only a bit less difficult than Lie Groups(Pure Mathematics).

    Economics requires the use of calculus and statistics largely for the purpose of ‘fitting’ data that doesn’t necessarily fit, because nothing you measure (no category) is causally consistent over time. This differs from Physics in which the categories we measure are constant we just don’t know what causes them (although we are slowly getting there).

    Accounting is a clerical degree that the average person can obtain, and earn a middle class income.

    Economics is one of the harder degrees because everything in economics is counter-intuitive, and it is math, data, (and logic) intensive.

    If you are in the upper 10% of graduates, Economics is probably the highest value lifetime degree.

    Cheers

    https://www.quora.com/How-does-accounting-degree-differs-from-economics-degree

  • —“Curt: Why Are Persian Americans So Much Wealthier Than Arab Americans?”—

    —“CURT: WHY ARE PERSIAN AMERICANS SO MUCH WEALTHIER THAN ARAB AMERICANS?”— There are some questions that you should not ask because they produce answers you will not like. It is my job to answer uncomfortable questions so I’ll give you the respect of the correct answer, if you’ll respect that it might be unpleasant. We were horrified by the Galilean Revolution but we adapted to it anyway. In the west we were horrified by the Darwinian Revolution. But we adapted to it anyway. We were somewhat horrified by the consequences of industrialization but we adapted to it anyway. So some knowledge must be adapted to if we want to prosper. Persians divided from common ancestors with Europeans a long time ago, but are the ethnic group closest to West Eurasians (Europeans) – They integrate well, tend toward professional occupations, and demonstrate relatively high trust versus their other levantine neighbors. They have an extraordinary history of intelligence and scholarship despite the destruction to their civilization, language, culture, and demographics by the Arab conquest. So they are ‘compatible’ with American Civilization. Persians, like the Ashkenazi, are high performance ethnic group. They will do better in any country no matter where they go. The Indians and Chinese start with very large populations, and their best talent travels the world. They are consistently high performers. The difference is that Persians and Ashkenazi produce asymmetric success despite their small numbers. Some groups consist largely of the upper genetic classes, some the middle, and some the lower. Economic, scientific, and artistic performance corresponds directly with the demographic constitution of an ethnic group. So no matter what anyone does, the fact that some ethnic groups consist almost exclusively of the genetic middle and upper classes means that they will always statistically outperform those groups with large underclasses. It’s just math. So the differences in performances of ethnic groups is not so much due to genetic differences between groups but the scale of the underclass and the drag that the underclasses put on language, culture, institutions, and knowledge. The problem that produces inequality isn’t race, or ethnicity, it’s class. Some groups have vast underclasses, and some have nearly eliminated them. The Arab conquest was the most catastrophic event in human history, destroying the four great civilizations of the ancient world, causing 500M dead, and creating a 1400 year dark age from which only a remote corner of northern europe was able to rescue the world from. And the side effect of that civilization was a rapid expansion of the size of the underclass due to the inability to develop a middle class, due to low trust, due to tribalism. Outbreeding with the slaves didn’t help much either. It just made it worse.
  • “CURT: WHY ARE PERSIAN AMERICANS SO MUCH WEALTHIER THAN ARAB AMERICANS?”— Ther

    —“CURT: WHY ARE PERSIAN AMERICANS SO MUCH WEALTHIER THAN ARAB AMERICANS?”—

    There are some questions that you should not ask because they produce answers you will not like. It is my job to answer uncomfortable questions so I’ll give you the respect of the correct answer, if you’ll respect that it might be unpleasant.

    We were horrified by the Galilean Revolution but we adapted to it anyway. In the west we were horrified by the Darwinian Revolution. But we adapted to it anyway. We were somewhat horrified by the consequences of industrialization but we adapted to it anyway. So some knowledge must be adapted to if we want to prosper.

    Persians divided from common ancestors with Europeans a long time ago, but are the ethnic group closest to West Eurasians (Europeans) – They integrate well, tend toward professional occupations, and demonstrate relatively high trust versus their other levantine neighbors. They have an extraordinary history of intelligence and scholarship despite the destruction to their civilization, language, culture, and demographics by the Arab conquest. So they are ‘compatible’ with American Civilization.

    Persians, like the Ashkenazi, are high performance ethnic group. They will do better in any country no matter where they go. The Indians and Chinese start with very large populations, and their best talent travels the world. They are consistently high performers. The difference is that Persians and Ashkenazi produce asymmetric success despite their small numbers.

    Some groups consist largely of the upper genetic classes, some the middle, and some the lower. Economic, scientific, and artistic performance corresponds directly with the demographic constitution of an ethnic group. So no matter what anyone does, the fact that some ethnic groups consist almost exclusively of the genetic middle and upper classes means that they will always statistically outperform those groups with large underclasses. It’s just math.

    So the differences in performances of ethnic groups is not so much due to genetic differences between groups but the scale of the underclass and the drag that the underclasses put on language, culture, institutions, and knowledge.

    The problem that produces inequality isn’t race, or ethnicity, it’s class. Some groups have vast underclasses, and some have nearly eliminated them.

    The Arab conquest was the most catastrophic event in human history, destroying the four great civilizations of the ancient world, causing 500M dead, and creating a 1400 year dark age from which only a remote corner of northern europe was able to rescue the world from.

    And the side effect of that civilization was a rapid expansion of the size of the underclass due to the inability to develop a middle class, due to low trust, due to tribalism. Outbreeding with the slaves didn’t help much either. It just made it worse.


    Source date (UTC): 2018-03-19 22:25:00 UTC

  • —“Curt: Why Are Persian Americans So Much Wealthier Than Arab Americans?”—

    —“CURT: WHY ARE PERSIAN AMERICANS SO MUCH WEALTHIER THAN ARAB AMERICANS?”— There are some questions that you should not ask because they produce answers you will not like. It is my job to answer uncomfortable questions so I’ll give you the respect of the correct answer, if you’ll respect that it might be unpleasant. We were horrified by the Galilean Revolution but we adapted to it anyway. In the west we were horrified by the Darwinian Revolution. But we adapted to it anyway. We were somewhat horrified by the consequences of industrialization but we adapted to it anyway. So some knowledge must be adapted to if we want to prosper. Persians divided from common ancestors with Europeans a long time ago, but are the ethnic group closest to West Eurasians (Europeans) – They integrate well, tend toward professional occupations, and demonstrate relatively high trust versus their other levantine neighbors. They have an extraordinary history of intelligence and scholarship despite the destruction to their civilization, language, culture, and demographics by the Arab conquest. So they are ‘compatible’ with American Civilization. Persians, like the Ashkenazi, are high performance ethnic group. They will do better in any country no matter where they go. The Indians and Chinese start with very large populations, and their best talent travels the world. They are consistently high performers. The difference is that Persians and Ashkenazi produce asymmetric success despite their small numbers. Some groups consist largely of the upper genetic classes, some the middle, and some the lower. Economic, scientific, and artistic performance corresponds directly with the demographic constitution of an ethnic group. So no matter what anyone does, the fact that some ethnic groups consist almost exclusively of the genetic middle and upper classes means that they will always statistically outperform those groups with large underclasses. It’s just math. So the differences in performances of ethnic groups is not so much due to genetic differences between groups but the scale of the underclass and the drag that the underclasses put on language, culture, institutions, and knowledge. The problem that produces inequality isn’t race, or ethnicity, it’s class. Some groups have vast underclasses, and some have nearly eliminated them. The Arab conquest was the most catastrophic event in human history, destroying the four great civilizations of the ancient world, causing 500M dead, and creating a 1400 year dark age from which only a remote corner of northern europe was able to rescue the world from. And the side effect of that civilization was a rapid expansion of the size of the underclass due to the inability to develop a middle class, due to low trust, due to tribalism. Outbreeding with the slaves didn’t help much either. It just made it worse.
  • I have built multiple tech companies, and have aggressively hired women for midd

    I have built multiple tech companies, and have aggressively hired women for middle management, sales, and law (building consensus) and tried in exec. I always end with men in creative,tech, finance,executive. There is no difference in intelligence. The difference is in decisions.


    Source date (UTC): 2018-03-19 17:23:53 UTC

    Original post: https://twitter.com/i/web/status/975784940217487364