Bhagwad Park
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bhagwad.bsky.social
Bhagwad Park
@bhagwad.bsky.social
Toronto-based freelance writer with lots of free time :). Favorite authors: David Graeber, Nassim Taleb, Tom Holland and Niall Ferguson.

My follows and reposts needn't imply support either for the person, or the post.

Impolite people get blocked.
I don't believe company executives are competent enough to consistently re-invest their earnings at a higher IRR. Chances are, they'll just waste the money instead. I address this issue here: www.bhagwad.com/blog/2023/pe... .

"Total Returns" is also problematic: www.bhagwad.com/blog/2023/pe...
October 19, 2023 at 12:21 PM
Ouch, this sounds so true :)
October 12, 2023 at 5:17 PM
Often the problem is cultural, rather than a real, tangible one.

Let's say, tomorrow, all Palestinians magically became French, and all Israelis became Dutch. Do you think there would still be conflict between the two areas?

Sometimes people just need to let go of ancient history.
October 11, 2023 at 6:16 PM
Oh. Phew. It's been bugging me for a while, but I couldn't bring myself to ask!
October 10, 2023 at 6:26 PM
Ok, I have to ask, I can't take it anymore.

Do you really just look like Palatine, or is that at least partly a Photoshop??
October 10, 2023 at 6:17 PM
It's moving more and more in that direction. I've studied quite a bit about economics and finance, and I have come to realize a fundamental truth:

*The rich get richer and the poor get poorer*

This is independent of capitalism/communism, monarchy/democracy, whatever.

It's a universal law.
October 10, 2023 at 5:00 PM
Thanks :) . As I mention in the post, even though my wife and I had saved enough for a cash buy, I ALSO got lucky with a half-million inheritance this year, which gave us the confidence to sink everything we'd saved so far into a house.

Probably wouldn't have done it without that chunk of change.
October 10, 2023 at 4:21 PM
I mean, no matter how reprehensible you think he is, it's hard for me to imagine that he was literally asking for children to be exterminated. I don't think any politician is that actively evil. Despite what we might feel, they're not demonic.
October 10, 2023 at 12:43 AM