Category Archives: Media

E-Z Disaster Guide

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I will make clear at the outset the fond feelings I have for ZeroHedge, which is an incredibly successful blog which makes bad news and gloomy forecasts its speciality.

Appropriately (or ironically) enough, the site launched precisely at the start of the most massive sustained asset appreciation in human history, and of the 7,398 times they’ve predicted Doom, nothing has happened. (No one need remind me of the quote about glass houses).

I gave it a bit of thought, and just off the top of my head, below are some of the mega-events I’ve read about repeatedly over the past eight years, along with their outcomes.

0830-disasters

Let me know if I’ve missed any big ones (or upvote anyone who has done so with whom you agree).

Those Kooky Billionaires

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Those of you who have ever seen Fiddler on the Roof probably remember the line from Tevye, “When you’re rich, they think you really know.” That certainly applies here in the Silicon Valley, as the words from billionaires – – no matter how wrong-headed or goofy – – get a lot of attention and respect.

Tim Draper is a big venture capitalist here, and among such stellar investments as Tesla and Skype, he also put cash into the clunker Theranos, whose bankruptcy (to my mind at least) seems virtually inevitable. Instead of being quiet on the Elizabeth Holmes debacle, he has instead painted the company’s failure as some kind of anti-feminist conspiracy against Ms. Holmes, instead of a simple matter of outright fraud.

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Thoughts on “Silicon Valley”

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A few years ago, when the HBO series “Silicon Valley” premiered, I rolled my eyes. I don’t normally like looking at the culture in which I reside (which is why I’ve never watched any of the Steve Jobs movies).

A few weeks ago, though, prodded by my SV-loving son, I started watching it – – and, yep, you know what happened – – I got hooked and watched the entire thing, from Series 1 through 4, every episode. It’s a very funny show, and pretty damned accurate. I’m actually glad my son watched the whole thing, since I want him to understand the culture around here without getting hurt too much by it.

Here’s one clip from it, which is about 50 times funnier if you’ve been watching the whole series; it also is critically-important to the season finale.

I actually need to excuse myself for the afternoon, since I’m helping a dear friend get her office set up, but hopefully Jack or someone will come along with a post. In the meanwhile…….suck it, Jin-Yang.

Appeal to Heaven

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Well, I’m afraid July 4 did me in. After I posted the clip from the John Adams mini-series, I once again fell into watching the entire thing again. For those of you who have Amazon Prime Video, it’s available for $0.00, and it’s a marvelous piece of work (thanks in large part to the talent of Paul Giamatti and Laura Linney). Yes, I will be doing some “real” stock market posts this weekend, but I needed something to throw out there, and this little video tip was on my mind – – so I heartily encourage its viewing!

His Majesty’s Presence

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I love America. The first words of The Godfather, and three words also deep within my heart. In spite of my distaste for many of its inhabitants (present company excluded), the ideals of this nation are dear to me, and, as on every 4th of July, I read the entire Declaration of Independence with a lump in my throat.

I, too, would like to share with you this magnificent clip from John Adams, in which Paul Giamatti’s character meets King George to try to mend the obvious rift between the newborn U.S. and Britain. It is an extraordinary scene, and I’ve read that this is one of the very few instances where every single word was written down, and those words are precisely presented here: