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Comment What is IQ? (Score 2) 325

I am a member of a high IQ "society" that discrimatinates against the lowest 99.9% of the general population. Yet, I would do very poorly on this test as my visual processing is poor. I excel in abstract reasoning but do poorly in other areas.

What is intelligence? What is IQ? What is it good for? All good questions.

Comment Science (Score 5, Funny) 364

At some point, science just got too weird. We had this nice model of the universe with atoms, some laws of motion and thermodynamics. The universe was basically a giant billiards match. It made sense. It was easy to explain. Then we get into quantum mechanics and everything is crap shoot. Multiple universes. Particles that behave differently when being observed. Spooky action at a distance.

Let's all pretend the last 80+ years of science didn't happen and we live under Newton's ideas of how everything behaved. Who's in?

Comment Re:Argentina, Iceland, Hungary, Ukraine, (Score 3, Insightful) 334

Gotta love how libertarians keep blabbing about "fiat currencies" and how the currencies can collapse "at any time". While technically true, currencies collapsed under gold standards, and probably at a rate faster than what you see in today's economy. What folks don't seem to understand is that money has no value in and of itself, but is based on a population's ability to produce goods and services. Whether you use bitcoins, greenbacks, electrons on a hard drive or gold doesn't change this truth.

By definition, money is simply a means of exchange... tying it to an arbitrary material is silly. In the old days, countries manipulated currencies through artificial means and like today when those means run their course, bad things happen.

So, gold, paper or electrons, a country's prosperity is tied to the competence of its government. While this is a scary fact, it is the truth.

Comment Re:Wow! (Score 4, Insightful) 314

Here's the rub. For someone like me, I couldn't care less about HFT. I am in it for the long haul. I've invested for almost all of my adult life. I don't invest on hunches, instead I buy broadly and then hold for a long time. My investments do about as well as the broad market and I have almost no trading costs. Even if some doofus thinks he can beat the market (no, they can't), he'll eat up 1-2% of his money on fees.

So let folks be stupid and market time and talk about dead cat bounces and triple witching hours and other mumbo jumbo. In the long-run I will beat the vast majority and I will do so with very little effort on my part.

The reality is the only investors who can beat my strategy are active investors who are involved in the management of the assets they own (like Buffett) and those with insider information (real insidr info, not what your brother in law told you at the cocktail party). So, let the market tank for a couple hours, a couple days or even a couple years. I couldn't care less.

Comment Re:Evidence (Score 1) 13

Oh dear, God, seriously? So we don't have access to the evidence at this point. Of course you don't. There is this thing called a trial where evidence gets presented. It isn't the government's job to give you all of the evidence in a made for TV movie.

Wait until the trial, then all of the evidence gets presented. Then make your judgement.

Comment Evidence (Score 1) 13

No evidence at all.

Just that they were seen on video dropping off a backpack at the scene of the bombing shortly before the bomb went off.
Seen not reacting to the bomb explosion itself when everyone around did.
Getting involved in a high speed chase where they threw explosives out of the car
Older brother had explosives strapped to his chest
Younger brother indicated that older brother was one who directed the plot.

Nope, no evidence at all. And this is all that has been sent to the media. There is likely more that we aren't aware of.

Here's a tip... let the trial actually begin before questioning the evidence.

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