Rivian Base

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I’ve said many times that Rivian sightings are fairly constant here in Palo Alto. I’ve always thought they were well-designed and good-looking vehicles. I’m sure they are aided now in large part due to Tesla’s persistent rise (13 days in a row!) but they actually are forming a nice little base and could make their way to $20 or so without much trouble.

Rancid

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Good Lord. We haven’t looked at Beyond Meat (BYND) in a while, which is example 1,339 of a company that should never have gone public in the first place, were it not for the government-caused insanity of the Covid trillions flooding the capital markets. In any case, it’s down 96%, and it’s pretty clear that people would rather eat a delicious ribeye steak than they would whatever-the-hell this stuff is made of. As I’ve said many times, I live in hippy-dippy, left-leaning, tree-hugging Palo Alto, and I’ve never in my life seen anyone buy a single Beyond Meat product at the downtown Whole Foods. Not even once.

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Affirmative Reaction

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Until I read about him in the New York Times, I had not heard of Richard Kahlenberg before, but his ideas strike me as very intriguing. At the outset, I want to make clear he is a progressive, I repeat, progressive, academic. He’s also exceptionally well-credentialed:

Kahlenberg graduated magna cum laude from Harvard College in 1985 and cum laude from Harvard Law School in 1989. Between college and law school, he spent a year in Kenya at the University of Nairobi School of Journalism, as a Rotary Scholar.

Kahlenberg has been a Senior Fellow at The Century Foundation, a Fellow at the Center for National Policy, a visiting associate professor of constitutional law at George Washington University, and a legislative assistant to Senator Charles S. Robb (D-VA). He is serves on the advisory board of the Pell Institute and the Albert Shanker Institute.

https://en.wikipedia.org/wiki/Richard_Kahlenberg
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Back from Pennsylvania Again

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Thanks to having one of my kids on the Duke fencing team, I have been traveling to the northeastern part of the United States more in the past few months than I have in the rest of my entire life.

In a way, it’s like visiting a different planet. It feels older. It feels dirtier (and sometimes that’s a good thing). Even though it’s supposed to be a megalopolis, there are tremendous portions of open land, farms, and natural scenery. Plus, the people look different. I think a person who lived in the 1950s would feel far more comfortable walking around one of these towns than, let’s say, Palo Alto. It just seems more……..American.

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