As I read through annual reports, it became increasingly clear to me that they would not answer the question of what drives earnings, but would only be useful to get a comprehensive picture of a company’s investment thesis, and also useful to get a delta if something changes in the news, for example, and a company has exposure to that factor, such as sales abroad in China and there being...
The relationships between the world described in fiction often match up to the relationships described in the real world to the point that we can’t just dismiss fiction as inconsequential. However, what is necessary is proof that the relationships described in fiction match up with the world outside before we begin to reference any fiction for lessons. Similar to is not congruent to. Neither does finding an inductive pattern imply...
District of Columbia vs Heller: natural right to self defense
District of Columbia vs Heller was brought up recently on NPR as a clear indication the Supreme Court has ruled that gun rights from the second amendment extend to an individual basis regardless of involvement in a militia to the point the speaker on the radio said that we shouldn’t even give serious regard to the original text which mentions a militia: “the Supreme Court has already ruled that gun...
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