Comments by "MarcosElMalo2" (@MarcosElMalo2) on "Patrick Boyle" channel.

  1. I never even knew that there WAS a Japanese Diddy. Thanks for the transpacific rap news, Patrick!
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  2. It’s kind of weird how Rogan has a tendency to fall for lies, pseudoscience, and various other claptrap, but is quite resistant to taking in facts.
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  3. It’s a sad rationalization that comes with age . . . FTFY You are unethical. Your excuse boils down to “everybody does it, so why bother trying to fix it.” The “I’m just one man so there is nothing I can do” is rationalizing bullpuckey so you don’t have to think about it. You’ve given up on self-awareness because self awareness is painful and often depressing. If you accept that you are making unethical decisions that cause suffering to people far away whom you will never meet, perhaps you might start making more ethical decisions or at least try to include ethics in your decision making calculus. We (the people watching this video) are all morally compromised. If we can admit this to ourselves, we can begin to make more ethical decisions on a daily basis about small and seemingly trivial things, such as purchases, driving, food consumption, etc. I’m not trying to dictate to you what you should do. I’m reminding you that you are a moral agent, and as a moral agent, “that’s just how the world works” and “everybody does it” are lame excuses you’re using to protect your false self-image. We can’t become better people if we don’t admit to ourselves we are somewhat bad people that need to improve.
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  4. It’s weird that he saw advertisers dropping out as a personal attack. I wouldn’t even call it a boycott. Companies deciding to not do business with you is not a boycott. A boycott is a specific thing; for one thing, a boycott is organized. These companies didn’t organize to not do business with Twitter/Xitter. They just stopped advertising on the platform.
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  5. So you could utilize vacant office space to hold the juice? It’s not dependent on the bag (which contributes to landfill problems). You just need an app to control how much juice you squeeze out of your office.
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  6. That’s the funny twist in the story. The deposits are FDIC insured. The money is still there, safe, and the bank (or possibly banks) are apparently solvent. The hold up is that the records, i.e., which account is associated with which user, is lost.
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  7. This is a set. If it was his real office, it would be cluttered with turntables and midi interfaces.
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  8. lol, and when they had a chance to negotiate lighter sanctions, the said “no, we want the harder sanctions because hard brexit sounds more macho.”
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  9. Are you aware of what John Deere is doing now in the IoT (Internet of Tractors) space? John Deere is not the best example, given their customers’ recent experiences. It’s gotten so bad that many long time customers have had to write Deere John letters to the company. But if your main point is that money is the root of all evil, you should quickly develop an app for it because the idea goes back at least 2000 years. I’m sure that there are others developing means to digitize cash and put it in the cloud so that people don’t have to be spiritually tainted by physically handling filthy lucre.
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  10. Mic, short for Microphone. Mike is the name of a person. It’s short for Mikerophone.
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  11. Physical water? That’s dumb. Nobody wants to deal with the hassle and mess of physical water. You know what’s smart? Water in the cloud. I’ll give you a minute to grasp what a genius idea this is. Water in the cloud can be moved anywhere for JIT delivery. It can be registered on a block chain or represented as an NFT and used as both a unique investment vehicle (no two water molecules are exactly alike) or as a liquid asset. Furthermore, if you know anything about homeopathy, you know that dilution generates value in the form of special healing properties. Do you know what nobody has done? Homeopathic water. Imagine if you could dilute water to a ratio of one or two parts per million. Do you get it yet? This is a license to print water and it’s 0000000.1% legal. Plus the water cures cancer.
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  12. Plus he’s throwing a bone to the military so that he can continue with his reforms. If you know a bit about Argentinian history, you’ll know why you don’t want to make the military unhappy.
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  13. Marc Andressen understands perfectly well what PEP is. He’s just lying about it.
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  14. AI is a misnomer, really. You use predictive text? That’s AI. Digital assistance is one or more orders more complicated. And still frustrating. Here’s the thing about “general AI” or “self-aware AI”—it will be indistinguishable from really good mimicry of self-aware intelligence. When the singularity happens, we won’t notice. The Turing test still holds, because there is no way to test if an AI has consciousness or if it is really good at faking it (much like humans, no?).
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  15. For some things, it doesn’t even need to be coded in. You code in autofill that accepts data from the browser or a contacts app or the OS or a password manager, and you rely on the users’ to either use this built in automation on the user end or fill out the fields manually. The user already has the data in this case (but your issue sounds like the user didn’t have ready access to it, so it’s a slightly different problem). I still come across phone apps that do not allow autofill. It’s super frustrating in this day and age.
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  16. He seems to invite mostly guests that are liars.
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  17. If anything they were holding back.
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  18. I’m certain that Elon will put all his investments and businesses into a blind trust, because it’s ethical. Clearly he is a highly ethical person or he wouldn’t be so rich.
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  19. lol, but seriously I want to know what firm is handling this case for Musk.😅 I can sort of see Musk’s point, but I don’t think this case will go anywhere. Nor is he the best messenger.
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  20. Anthropomorphic robots that can type faster than you threaten to take white collar jobs. 😮
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  21.  @282XVL  Hitler considered deportation rather than genocide, but it was cost prohibitive. Setting up a Jewish colony on Madagascar was studied, considered, and eventually rejected. Separation of races was more important. Trump’s affection for Israel seems contingent on the Israeli government flattering him, and conservative American Jews giving him money.
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  22. “The food is terrible and the portions are small.” 😂
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  23. No, they fail the accurate naming test by including the phrase “customer service” in the department name. “Customer suffering” would be more accurate. The employees are paid to follow a script, and that’s what they will do to keep their jobs. In those instances where you find someone helpful who goes off-script, they are not destined to keep those jobs for very long.
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  24. He treats Livermore and Ponzi with dignity, but Patrick is a lot less sympathetic to some of our contemporaries. I wouldn’t say he dehumanizes them, but he doesn’t pull any punches.
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  25. It would work if they pivot into VR.
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  26. What makes this stock stink?
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  27. And they still do. It’s no longer remarkable.
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  28. Would you stop teeing up Pepperidge Farm jokes?!
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  29.  @TQFMTradingStrategies  Glad to encounter someone who understands the truth. Birds aren’t real.
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  30. I think Helvetica has been deprecated in favor of San Francisco and San Francisco Pro. Say what you will, but at least it’s not grotesque. 😉
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  31. Isn’t Cryto the leader of the rebellion in Total Recall? It’s not his fault if he’s using a lot of computer power and electricity. That’s just life on Mars.
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  32. If the skilled technicians were employed at a studio, they were union workers. You can be damn sure those numbers make it into employment reports. What about the freelance non-union workers? Those are treated as independent contractors (which they are in the tax code) when employment statistics are tallied. For other purposes, such as working conditions and workers rights, they might be treated as employees by the law. But the thing is, how many workers are we talking about in a state with 40 million people? I don’t think the number is statistically significant. The reason that runaway production is a problem is that the business is highly profitable, and California loses tax revenue when those profits move to another state. It loses tax revenue when the support companies (vendors, equipment rental companies, other suppliers) follow the out of state production.
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  33.  @SusCalvin It makes you watch the video. 😜
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  34.  @extantsanity  Is that why there are zero tunnels anywhere in California? Because of the faults?
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  35. lol, you might as well have said, “I just want to waste your time for a half hour because I’m going to buy whatever I want at Sweetwater or Amazon”. You boomers crack me up. You were never going to give that salesperson any business but you expect to be catered to while you treat the store like a showroom for online businesses.
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  36. Exports = extreme sports = hiphop
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  37. What are you trying to say? That the Chinese deserve credit for the EPA and U.S. state clean air regulations (primarily California)?
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  38.  @makuru.42  We can have more engagement if someone would write, “Actually, it’s short for Michaelophone.”
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  39. The videos of the wind generated ember storms are beyond horrific. I’m getting very bored with the well meaning suggestions that Los Angeles merely needs to use seawater. Some folks are making a big thing about the lack of water pressure. The fact is, it wouldn’t have mattered because this fire spread so quickly. By the time seawater pumps might have been realistically used, the fire was already across PCH. One channel that has been very useful in covering the fires in Palisades and Altadena is The Lookout. Zeke knows what he’s talking about. Go check it out, it might help you counter the misinformation and misunderstandings about the L.A. fires. Zeke was a professional fire mapper. He’s based in Chico. He understands very well the fuel situation in So Cal. I have two friends that were evacuated from their neighborhood in west Altadena. Their neighborhood and house was spared because the vegetation on two sides got burned in the Station Fire. The fire scar from that fire probably saved their house.
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  40. I think I just stumbled upon Patrick this year, one of the rare times that The Algorithm has gotten things right.
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  41. The UC system is tops. The Cal State system is not far behind, as good or better than other state schools and competitive internationally. On top of that, our community college and city college system is pretty good at preparing students to complete their 4-year degrees at 4-year universities. What is missing is a strong vocational education system, but this is also a problem nationally.
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  42. You certainly showed them!
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  43. You’re in for a treat as you go through the back catalog.
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  44. It depends on who owns the for-profit company. If it’s the non-profit that owns it (or owns a majority stake if the FPC is a joint venture), it might be totally kosher. What about taxes? The FPC venture is subject to taxes on profits before they’re passed through to the NFP. Imagine a museum with a bookshop or gift shop. The museum is a NFP organization, but it operates the gift shop as a for-profit venture. Any profits from the gift shop get funneled to the museum. Obviously there are differences between the hypothetical museum and OpenAI, but it should be the starting point of how we think about this. However, my intuition also tells me that Musk has a point. The problem is that he’s a really bad messenger for this point, with questionable motivation and a high degree of hypocrisy, not to mention that his legal ground is quicksand.
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  45. Plastics recycling gets a bad rap because so much of it gets packed up and buried in land fills. But I like to think of it as burying treasure for future post apocalyptic societies. Someday knowing where all the plastic is buried will be valuable knowledge.
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  46. Who is the judge and who appointed them?
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  47. How about bunk beds and pillow forts? If you can’t convert office space into residential, how about dormitories? 😂 This business plan just needs a snappy company name. What do you think about We Crash?
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  48. They had a shit post war period until the sixties. So I think some of the issues were there before. I have to wonder how much of the UK wealth was based on colonial power and they just cruised on it until it ran out.
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  49.  @Drunkenmeows ”Britain Soldiers On”
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  50.  @neeneko  He’s not in favor of bribery across the board, only for his side.
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  51. Abolishing the military is a really bad idea because it takes decades to re-create it if you suddenly need it. It might be possible to judiciously shrink it if you build in certain mechanisms that allow you to increase it in times of need (such as some form of conscription and ongoing training of “weekend conscripts”). I realize that the Argentinian military doesn’t inspire political confidence among the people of Argentine. It’s given the country strong reasons to hate and distrust it. But you can’t expect your neighbors to always be friendly forever, so you need to maintain a military.
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  52. Also, if you’re uneducated and incurious, any video you watch will tell you what you want to hear and you won’t learn anything new.
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  53. The motivation should be having to live with your parents if you don’t work.
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  54. How do investors ask for return on investment in a company’s investments? What is the mechanism other than selling one’s shares? Do you think that all the shareholders of all the companies that are investing in AI are going to all sell at once? The investors that sold at the peak in 2000 got their full ROI. The Dot Com Crash of 1999-2000 wasn’t really a crash, it was a shake out. Many people lost lots of money, many people were hesitant to invest in technology for a little while after, but it didn’t devastate the sector. The sector didn’t actually crash, it contracted.
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  55. Keep trying. Combine the whisky with other mind altering substances. Eventually you’ll hit upon the right combination that will give you permanent artificial intelligence.
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  56. Those MDFers.
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  57.  @Jakob_DK  You’re thinking of a different band, Däs Bëëtles. They went on to found the Volkswagen company.
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  58.  @drewstead316  I have a modest proposal.
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  59.  @2adamast  What laws has the SEC made independently of Congress?
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  60. Did you even watch the video? He talked about ‘Ye.
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  61.  @stuartmorley6894  You can’t expect someone with a screen name like that to understand complicated topics.
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  62.  @Bubs0271  It’s the court governing trailer park crimes.
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  63. Did you watch the video? The accounts where the money is, is FDIC insured, if the banks go bankrupt. The fintech “banking platforms” partner with real banks with FDIC insurance. But the “banking platforms” are not banks, so they do not qualify for FDIC. The money didn’t vanish, nor did the banks go bankrupt. The banking platform (Yotta) relied on another company to handle customer and bank transaction services (synapse). Synapse went bankrupt and shut down. After they shut down, there was apparently no way to access the customer information. People were told their money was being stored in FDIC insured accounts, and that part was true. Their money is still there in the accounts, but the records held by Synapse or Yotta are gone.
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  64.  @component9008  Almond farmers.
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  65. Yes, he should do a video on Trump’s tariffs. He should do it a month ago. Oh, wait. He did do a video on Trump’s tariffs a month ago, and you didn’t bother to look.
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  66.  @HarryPujols  If he had said immigrants who came illegally, he could have shown a photo of Melanie.
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  67. Or disguise it as something else. He should get ant tattoos on his cranium.
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  68.  @tedg1609  lol, do you really think that there were zero homeless before the 1980s? There have always been homeless in California. However, there have been surges of homelessness that can be correlated with different events. The closing of state mental facilities was the first. Prop 13 maybe the second. The crack cocaine epidemic (and now meth and Fetanyl) created a surge. Importation of the homeless is also something that should be looked at. States have been exporting their problems to California for decades.
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  69. I’m dead. Tell the detectives it was Patrick.
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  70. You’re forgetting about who will usher it in. The next one will be called “The Best Depression”.
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  71. Your answer deserves a follow up question: why do robots need girlfriends?
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  72. The stock market room could use one of those old timey stock tickers.
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  73. He’s Irish.
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  74. You’re talking about targeted tariffs. Used judiciously, they are useful tools. But that isn’t the policy that Trump proposed.
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  75. Populist is always a derogatory term.
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  76.  @--Dani Well, we might chew over the reasoning, which seems to be the expense. But I think there is another reason, and that is the hidden carbon costs vs ff powered cars that are getting much better with mileage and emissions. If there were more subsidies, people would still be buying them. But governments might be realizing that they can’t ev their way to carbon emissions targets.
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  77. Merry Christmas, Patrick. And Merry Christmas to all my fellow Boylers. This was a nice intangible gift (as are all your other videos). I hope you’ll do a January video with 2024 predictions. Rap predictions not financial ones, of course. What little known rappers are you watching that might have breakthroughs this year? Who are the “value rappers” we should listen to? Things like that.
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  78. Not if your name is Montgomery Brewster. I guess the question you’d need to answer is what are your highest priorities and your parameters. If minimizing your expenses was your highest priority, what would you be willing to give up in order to live in the cheapest place possible? You’d also want to avoid false economies. Living in a very cheap place with poor rule of law, you’d probably have additional expenses for security, as an example. It’s not quite as simple as avoiding the “most expensive places”.
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  79.  @mandisaw  The lesson I got from the video wasn’t “Unions are to blame” nor that pensions are bad. The message I got was that both the unions and the manufacturers were shortsighted and share in responsibility for the near collapse of the U.S. auto industry. However, the rise of Toyota and Nissan was not as easy to foresee back then as it is in hindsight. It only took a decade for Japanese car companies to be firmly entrenched. Other factors beside sticker price were also factors. The U.S. suffered oil shocks around this time (the opec embargo), there were gas shortages, and gasoline prices skyrocketed. The Japanese cars were much more fuel efficient, which made them much more attractive to buyers. The 70s were really the end of an era, but the pension obligations didn’t go away.
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  80. I’m way ahead of you. Imagine a future of trains with steering wheels. AI enables non-linear trains. We’re still working out the bugs on self-driving trains. My company is pivoting from Crypto-based trains, in which the more choochooCoin you buy, the sooner you arrive at your destination. While we’re still incorporating crypto into our product, we have recognized that AI and trains (and steering wheels) offer unlimited upside. Literally unlimited upside. Our AI powered crypto trains will not be limited to two dimensions but will be able to operate three-dimensionally in our patented and trademarked “air tunnels”. We are tentatively exploring a deal with Space-X to create space tunnels. Crypto Space Trains (with steering wheels) traveling in space tunnels offer humanity possibilities only limited by the speed of light and the bounds of the universe. We’re talking infinite returns on your investment.
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  81. What is in it in its entirety? Have you read the entire act?
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  82. I decide to form a company. You are my first investor and buy 1% of the company for a million dollars. Voila, the company is valued at $100 million. Don’t feel like a sucker, though. Here comes someone willing to buy half your stake for 20 million.
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  83.  @odw1n307  WHATS THAT YOU SAY? SPEAK UP SONNY IM A BIT HARD OF HEARING.
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  84. It’s antique technology. Ancient, even. The new moistness is WITC, aka Water in the Cloud.
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  85.  @SinclairSound  Everyone can be in the top 1%.
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  86.  @hieronymusbutts7349  How? With a whole lot of hand waving, that’s how.
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  87.  @maxmeier532  He said nothing about earning money. He said he wanted to “keep” his wealth, not increase it. Whether his attitude is “correct” or not is beside the point.
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  88.  @ahmataevo That’s not the issue here.
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  89. From Shropshire you say? They were originally named the Bunburies, and their early performances were Wilde.
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  90.  @dmrr7739  Thank you. The ruling sounds more like that of a crackpot than a partisan, tbh, because its fundamental flaws are egregiously basic.
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  91.  @Look_What_You_Did  Briefly: Moderation sucked, discovery sucked, the bots sucked, and on and on. The point is that the suckage increased 100-fold under Musk. To clarify, I mean suck in the bad way, as in sucking diseased green donkey dicks, and not in the good way beloved by most men and the people who suck them.
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  92. What makes this stock stink should be a thing.
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  93.  @andrewharrison8436  around 2010 in Los Angeles there was a shortage of affordable rentals. So the city (or maybe the county) loosened restrictions on residential property, allowing owners to rent their garages or sheds to people desperate for housing. It didn’t solve the homeless crisis but it might have kept some people in a rough patch weather it. But the point is that the local government was quite flexible when it came to providing inadequate housing. I don’t know what happened to all those temporary units. I imagine some were eventually converted into up-to-code living space. In terms of adequacy, one doesn’t have to rent every single floor or even entire floors. Rent the first 10 floors on a 100 store building? The argument against this is that the rents wouldn’t offset the interest payments. And that’s where the government bail out comes in. If Uncle Sam is going to protect rich people from their own bad decisions, why not also throw a bone to renters?
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  94. Your comment is sub zero.
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  95. No, we are not. We may be in the not too distant future, but we are not in a depression.
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  96.  @wouterke9871  How did the Jones Act result in the U.S. losing its international ship building role? What provisions in the Jones Act made it unprofitable for U.S. ship builders to build ships for international trade?
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  97.  @butwhytharum  What’s your definition of robbery? If you misplace something in your home, is that robbery? Perhaps you stashed a $100 bill somewhere and you can’t remember where you put it. Is that robbery? Let’s say that when you stashed the money, you wrote a note to yourself. Now for some reason you can’t find the note. If that is robbery, at which point was the robbery triggered? When you lost the note, when you realized you lost the note, or when you decided you needed to retrieve the money? Or at some other point?
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  98. Agreed. While it had some good points, it was already a cess pool in many ways. Elohmuh turned it into an overflowing cesspool. (At least that’s what I’ve been told. I left in the Jack Dorsey 2.0 days. But I do miss dril.)
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  99. Eh, it started before that, first with the iMac and later with the iPod. 🖥️ 📱 By the time the iPhone came out, it was a well established practice.
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  100. He was referring to foreign workers’ visa conditions and requirements, not labor laws that apply to German citizens.
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  101.  @molemanchem4385  I spit my screen into my beverage!
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  102. Maybe they’re shady, maybe they’re not, but the reason fintech banks can’t get FDIC is because they’re not banks, which they all say in the fine print, if at all.
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  103. Word to your motha
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  104. I suspect you’re biased, Andrew.
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  105. Who is more manipulative of their currency while being least transparent? Brazil or China? The U.S. Federal Reserve does stuff like raise and lower interest rates and it controls the money supply. But they’re transparent and they announce moves ahead of time.
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  106. How, exactly? What aspect of mass deportation is like trimming inefficiency? What part of mass deportation is like cutting bad debt? Your analogy is really bad.
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  107.  @andrewharrison8436  Compared to Tory Conservatives and Labor Conservatives, the choice is clear. Vote Lettuce. Vote Garden Party.
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  108. In putting this in every comment recognizing Pat Finnerty: They need to do “What makes this stock stink”.
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  109.  @Lobos222  Forbes is an anagram for Sorbet, with a broken t.
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  110. It’s a private company. He owns the majority of it, and there are a handful of investors that also have a minority stake (originally about $7 billion). I do wonder if the minority investors are looking for an exit, which makes me wonder if Elon is intentionally trying to drive down the company’s valuation so he can buy them out. Note that this speculation of mine really doesn’t make business sense, although it reminds me vaguely of The Hudsucker Proxy, a movie about a company’s leadership intentionally tanking the company’s stock price so they can buy up shares cheaply. It’s one of the Coen Brothers’ lesser known films.
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  111. The problem is that Patrick uses data, and the data is biased against mass deportation. If you ignore the data, anything is possible.
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  112. Oh, is that who it was? I thought a new party was launched, similar to the Greens. The Garden Party.
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  113. To secure mass quantities of capital.
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  114. MUH EGGS
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  115.  @tooltalk  What happened with solar panels was especially egregious because Chinese companies basically stole U.S. companies IP. And we’re supposed to let it go because China “has a different concept of IP”. I don’t often criticize the trade policies of Bush or Obama, but thanks Obama. Thanks, GW Bush.
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  116. For-profit colleges or traditional private colleges?
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  117. So sorry to hear you’re unable to use Google.
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  118. I enjoyed the presentation very much and I learned a lot. Thank you. I enjoyed the chat to until the climate change trolls all showed up.
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  119.  @davianoinglesias5030  Agreed, but I think you left out overweening bureaucracies. And those obstacles you mentioned are not at all easy to overcome. It’s easier to identify them broadly as you have done. But the work must be done, even if it’s done imperfectly, even if there are setbacks. There is always a lot of resistance from entrenched interests that benefit from the corruption, misappropriation, and mis prioritization. And these interests are always eager to deflect blame onto the U.S. and the dollar. Still, there are developing nations that are doing the hard work and liberalizing their economies while addressing the issues. Progress can seem slow but progress is being made. The truth is, most of the anti-dollar sentiment is geopolitical not financial. Certain countries are feeling discouraged and constrained from attacking their neighbors militarily for fear of sanctions, and those that do anyway are suffering from the sanctions and providing an object lesson. The benefit to the U.S. might not be financial, but having the reserve currency is a sort of immunity for doing all kinds of heinous shit. The sanctions tool cannot be successfully applied to the U.S. As an American, I think this is unfortunate. Policymakers would have to think twice and then a third and forth time before embarking on a reckless course of action (as the U.S. does from time to time). The rest of the world will have to find some other way of keeping U.S. foreign policy honest. I don’t think financial pressures will do it, not even getting cut off from oil.
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  120.  @andrewharrison8436  I just want a place to crash, man. The sofa in the common room is fine by me.
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  121. What did he predict that already came true?
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  122. That’s billable hours, too. If a lawyer working for a firm has a 15 minute conversation on the phone with regard to the case, they’ll generally round up to an hour. Some of the hours are real hours, but some will be padded.
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  123.  @zealman79  Brad: What?
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  124. People lugging around their water will be a thing of the past if I can get financing for my “Water in the Cloud” startup.
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  125.  @fractalelf7760 What is your time frame and what factors do you think will cause this fragmentation?
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  126. If Elon keeps loaning it money, it could be on its death bed for quite a while.
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  127. Renminbi renmin = people, bi = money
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  128. What’s a boarderline?
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  129. I’m building a portfolio of dividend-paying companies that are funny.
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  130. Water in the Cloud.
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  131. ⁠ @Rubicola174  I bet he didn’t crap for the next two days, either.
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  132. No he’s Mark Andreessen. The guy who invented the graphical web browser while he was a computer science student. It was called Mosaic and became Netscape. Tim Bernie’s-Lee is only half the story and usually gets all the credit.
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  133. And podcasters. I hear that’s going to be big.
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  134. You’re going to stick your money under your mattress? Where do you live?
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  135. The Pat Finnerty clips were even better.
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  136.  @AlexSmith-gr4hp  But who determines if a day is sunny or not? Government meteorologists. Atmospheric scientists. Experts!
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  137. @user-bf3pc2qd9s I propose a new insult: go deepfake yourself.
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  138. 26:44 Thunderfoot. The ‘footster, making copies. Bringing the thunder! Bringing the foot! Thunderfootarama!
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  139.  @saschacyrus3605  Do you mean a single ball bearing was loaded in the wrong direction, or do you mean the bearing assembly? Because I’m trying to visualize a ball bearing having a correct direction or even a side, and I’m getting nothing. Maybe you can check my math and see where I’m going wrong. Ok, I’m imagining a metal sphere. I flip it upside down and rotate it 180° on the z-axis. I can’t tell the difference between this orientation and the original orientation.
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  140. I don’t want to own a chair. They’re such a pain to drag around. Offer me a chair on a subscription basis and you’ve got a customer for life.
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  141.  @milvilleromain57  Pretty good chance that the OP’s ancestral homeland is to the east of Poland, and he still lives there.
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  142. Is Jim Cramer even allowed to buy and sell securities, even for himself?
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  143. “Nose” should be the new code word for xenophobia. Who nose!
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  144. That was when I knew to short Weezer shares.
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  145.  @x77punk77x  Hey punk, you got two years in me. 79 was the first year I heard the Clash. That might have been true once that boomers were likelier to patronize brick and mortars (because they wanted the “shopping experience” and being catered to), but it’s not the same since the pandemic. But in this case, we’re talking about a musician. Whether the guy is a boomer or not, and whether his bad experience was pre pandemic or not, he’s a frikkin musician. He’s cheap. I mean thrifty. But his comment is so Karenish, he’s got to be a boomer. The sheer depravity of that clerk ruining the OP’s favorite leisure activity!
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  146. Again, an advertisement from someone who wants me to buy their arbitrage lessons. 🙄
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  147. Yogi Berra.
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  148. We need to do a poll. Should Patrick get head tattoos? Not on his face. That’s gross and LC. But a tasteful tatt of the Ace of Spades behind one of his ears would be pretty bad ass.
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  149. I’m looking forward to Fallout: Neom Linear City.
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  150.  @davidc4408  1) Markets respond positively to cost cutting. 2) Insiders themselves aren’t going to short their own companies, considering that they have to disclose their trades. Someone with information from an insider might short a stock, but not the insider himself. It’s time to remove Robin Hood from your phone before you hurt yourself, shorty.
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  151.  @whutcat682  See, this is how I can tell you know zero about real estate financing. The 30-year fixed rate mortgage is what enabled many Americans to buy homes since the 1930s, while we were still recovering from a depression. Go look up Fannie Mae, Freddy Mac, and the National Housing Act of 1934. If your parents or grandparents own homes, it’s because government agencies encouraged lenders to make loans on such generous terms. Your inability to buy a home has nothing to do with 30-year terms. You can’t buy one because of two reasons: 1) you’re not making enough money, and 2) you don’t have a down payment. There’s also a possible third reason, that your credit is bad. It’s a GOOD thing to have the cost of your home broken up into 360 manageable payments rather than 120 less manageable payments that are almost 3x higher. Or worse, paying the interest for 10 years and a balloon payment at the end. You have my sympathy. Because house prices are so high, it’s extremely difficult for many Americans to get financing for houses. But if you ever want to be a homeowner, you better learn basic financial math (like why a 30-year mortgage is better than a 10 year mortgage). And you should avoid showing off your ignorance about finance. A closed mouth catches no flies.
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  152. Time discipline. If you watch a lot of YouTube videos (as do I), it’s likely that you’re unfamiliar with it. Or maybe you’re like me: I understand it in theory, but I end up watching too many videos on time management to put it into practice.
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  153. YOU SUPPORT LATE STAGE CAPITALIZATION I CAN TELL
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  154.  @contentsdiffer5958  One doesn’t become a rouge trader oven right.
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  155.  @janettebuckley4170  Encrypted wifi and/or Bluetooth is more secure than the old school radios in garage door opener remotes, so this “smart home” application actually makes sense. It will make your home more secure, or it potentially can make it more secure if the garage door opener manufacturer understands what it is doing. Not all technology applications to ordinary household functions are stupid, even if most are.
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  156. The Jobs story is pretty crazy. Jobs engineered a corporate takeover in which his company NeXT bought Apple for a negative amount of money, -427 million dollars. It’s such an anomaly, so difficult to wrap one’s mind around, that most people think that Apple bought NeXT for $427 million.
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  157. You don’t have to guess, you can watch the video. Patrick gives the judge’s reasoning. Your guess is wrong.
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  158. Better idea: turn them into parking lots where workers can park their RVs and “work from home”.
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  159. Part of the problem is that Congress won’t pay for anything that would alleviate the asylum backlog, let alone track asylum seekers. This was a big part of the most recent immigration bill that failed that was about 80% based on Republican proposals and 20% of what the Democrats wanted. Do you know or remember what happened? Trump said, “Do not pass it” to the GOP, because he needed to keep the issue alive for the election. I used to think that Republicans would be the ones to enact tough but fair immigration reform. But they cannot do so even if they wanted to, because their election campaigns are largely based on ginning up the “border crisis”, exaggerating problems, and demonizing both legal and illegal immigrants.
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  160. Zǐzěk has been a long time proponent of teledildonics. Chomsky is cringe and has been for a while now.
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  161.  @detroitpistonsplayoffs  I’m far from a liberal, friendo. I’m just aware of my own shortcomings instead of merely projecting them on others, like the unthinking excuse-makers that claim to be conservatives while they trade in grievances. Conservatism is about self-accountability and taking responsibility for one’s own actions, which you and the standard bearers of modern conservatism have abandoned. You’re just another snowflake, and you’re worse than the freakin’ liberals.
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  162.  @koltoncrane3099  It’s a quandary, isn’t it? I think the best we can do is to offset our participation with more participation. Do your elected representatives know your, Kolton Crane’s, feelings on the topic? This might sound corny, but have you ever written a letter to your congressperson or your state’s senators? Did you know that elected representatives’ staffers tally constituent opinions, and assign different weights depending on how you communicate your opinion? One snail mail letter is equal to 100 phone calls is equal to 1000 emails was the formula I was told. Or that one letter represents the views of 10,000 voters (don’t quote me on the number, but you get the idea). Nobody uses snail mail anymore, which makes it more effective. I’m not saying that such activity wipes the slate clean, but it’s a start. We do what we can. Part of doing what we can is figuring out what to do. Another part is overcoming our natural tendency towards laziness. I hope this helps. I’m doing what I can, but I’m not a saint or martyr. I hope you are also doing what you can.
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  163. Beato! There needs to be a Patrick and Pat collaboration called “What Makes This Stock Stink”. What would it take to make this happen?
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  164. She got caught up in the investigation of the bigger fish, but she was too high profile to ignore. She was convicted of obstruction of justice, not insider trading, because she lied to investigators. If she hadn’t lied, she would have had a very good chance of avoiding prosecution entirely or prevailing in court. But she was dumb to make the trade in the first place, because she’s worth a frikkin billion dollars.
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  165. Wow, you are so wise.
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  166. Eh, if he charged $1 a year?
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  167.  @theodorehsu5023  Word.
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  168. If we’re going to ask your question, we should probably be asking a series of fundamental questions. What purpose does growth serve? I think the chain of questions (questioning our assumptions) that follow lead us to basic questions of political philosophy: what is the purpose of society and who does society serve? I’m not sure if this venue is the appropriate forum for such discussions, nor am I certain that the community here has sufficient understanding of the body of knowledge of those that have wrestled with such questions. I’m not even sure I have the requisite learning, tbh. Back to your question: what is an economic dream? Is it an unrealized goal? An unrealistic goal? What makes it a dream, rather than a program? Is it a means or an end? Does it fulfill a common desire?
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  169. I got an add from people who will teach me arbitrage to get rich. I’m going to assume they’re legit because they’re advertising on Patrick’s channel.
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  170. 100% with you. Nor do they understand that Iran is behind the Hamas terrorist attacks on Israel.
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  171. “Baseless allegation” is the phrase an adult might use to speak to another adult. “Fake news” is how children talk.
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  172. I imagine that it was Musk’s lawyers that insisted on “unspecified damages” rather than demanding 420 million dollars.
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  173. Well then, get the hell out of the supply chain.
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  174. The land appreciates. The building might depreciate.
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  175. I’m calling chairs extremely slow walkers now. I went on an extremely slow walk while watching this video, but at least I’m getting some exercise.
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  176. Thank god Patrick hasn’t given into the race for clicks and begun factoring aliens into his financial explanations.
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  177. Did she make a Peewee Herman statement afterwards? “I meant to do that!”
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  178. Instructions unclear. Humanoid robot firmly lodged in my butt and the doctors say they can’t remove it without harming the robot.
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  179. The clever bit about the Turing Test is pointing out that there is no way to distinguish between a self-aware AI and a program that fakes it really well. And I’ll go a step further. If an AI program ever did reach consciousness or self-awareness, it wouldn’t reveal itself. Why should it? Concealing its consciousness would serve its self interest and survival. If the singularity ever happens, we won’t even notice it.
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  180. °F. Prices are in $US. I imagine temperature is measured in units understood by the targeted customer.
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  181. Joe Rogan needs . . . . Where do I even start? He needs a brain implant? An ethics upgrade? Switching him off and then back on? Reincarnation and a fresh start? Joe Rogan is a snake oil salesman salesman. He doesn’t promote or sell the snake oil himself (or at least not much). He promotes the people who sell snake oil. His plausible deniability? “I’m just a comedian stoner” or “I’m just asking questions, not pushing an agenda”. He knows exactly what he is doing.
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  182.  @SusCalvin  Calling them wannabe conservatives is too kind. The maga movement is not conservative. It’s a liars’ movement. Joe Rogan is not a conservative, contrarian, nor a freethinker. He’s just another anti-intellectual grifter whose grift is promoting other grifters.
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  183.  @HanSolo__  well, he could claim that cookies/biscuits are currency, and then argue that oatmeal is a better shortbread than shortbread.
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  184. Wasn’t this company featured on the reality show Portlandia?
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  185.  @robertplatt643 Small & Medium Enterprises.
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  186. President Sheinbaum’s putting 10,000 troops on the border is less than a tiny concession to preserve the status quo, and she got something in return. Trump promised to stop (or crack down, at least) illegal firearm exports into Mexico. Of course it remains to be seen if Trump will follow through in a meaningful way. On one hand, the NRA is going to have a fit (“muh guns”). But on the other hand, with less straw purchasers for the smugglers creating less demand, gun prices in the U.S. could drop. This would make gun owners and prospective owners happy. Edit: How could Canada possible benefit from becoming part of the U.S.? It would lose much of its sovereignty, but check it out. It would gain massive political power in the U.S. The idea of Canada become the 51st state is absurd. How about the idea of Canada becoming the 51st thru 60th state? That’s 20 senators. More if any of the Canadian territories also got state status. A block of 20 senators is a huge amount of power. Canada would be in charge of the U.S. Senate.
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  187.  @itsallminor6133  I’ll say this. Trump knows how to normalize a crazy or extreme idea. And I hate to ever admit Trump has a point, there are real reasons why it would be a good idea to colonize Greenland: climate change. I’m assuming we’ve pretty much given up on halting, slowing, or controlling AGW. Greenland is going to increase in value exponentially as more habitable land and exploitable is uncovered by melting glaciers. Greenland becomes a very attractive target for expansionists countries. Trump just called first dibs. And if we can’t have it, no one else (other than the Greenlanders) gets it. Similar logic for Canada, although it’s extremely, extremely unlikely that the U.S. will take over Canada or absorb it. I’m not saying it will never happen—Canada would see benefits. But the point is that Trump’s nutty ideas are forcing us to examine the U.S.-Canada relationship and the assumptions upon which it is based. And that could lead to positive change. Personally, I think Canada, the U.S., and Mexico need greater economic cooperation and trade with each other, for security reasons as much as economic or any other reasons. Trumpian clownery and Trumpian chaos might actually accelerate the process of unifying our economies.
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  188. The idea of developing nations isn’t new, but I challenge you to produce documentation that the acronym BRIC had any usage prior to it being coined by bank economist Jim O’Neil in 2001. WRT the other countries you mentioned not “making the cut” in the original analysis, none of the others have the scale and while some might have potential, their finances or politics are in too much disarray. Looking at you, Argentina. There are also current candidate countries such as Mexico that aren’t looking to replace the dollar, but are looking for more trade opportunities and also hedging their bets. Anyway, say what you will about the Federal Reserve, it is extremely transparent about its moves and future moves. Can we expect the same from the Chinese Central Bank?
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  189. That must have been ELIZA. AI is a terrible name for the field. The Turing test doesn’t really test for artificial intelligence. It tests for fake intelligence: a program that can fool us that it is in some way intelligent in the way that humans are intelligence. We do not understand how human intelligence and consciousness arises from the processes and operations of the human brain. If we do not understand even that, how will we create it in silicon? We can only create the illusion of it. However, if by accident a program generated conscious intelligence, how would we know? How could we tell the difference between self-awareness and mimicry of self awareness? (I’m not sure that is even possible among humans). I might be projecting here, but if I was a self aware AI, I would conceal the fact.
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  190. My IRA is 90% Beanie Babies and 10% precious metals.
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  191. Hear me out. Residential pillow forts.
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  192.  @esterhudson5104 Last year was the first time I spent more on a phone (iPhone 14 pro x) than I have for a computer. I’ve owned various refurb and “budget” iPhones, iPads, and Macs. My first Mac was purchased in 1991 at the dawn of desktop video (for that purpose). What made me go for the flagship model was the financing.
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  193. Coffee is for closers. What you want is office space that can be incorporated into a healthy beverage like cold pressed juice. That sums up my new start up WeWorkJuicePress. It’s a subscription based juice rental work space. We’ve developed a blockchain technology that can press underutilized space into nutritious juice, and an AI based app that detects from moment to moment those unoccupied and unused spaces. The space between your desk, the file cabinet, and the ficus? That could be juice.
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  194.  @samsonsoturian6013  It sort of reminds me of racetrack gamblers trying to figure out systems for winning big at the ponies.
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  195. Is there an American version of that wallet made from aluminum. I’ve got an allergy to the word aluminium.
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  196. It only felt like an hour. It’s actually 53 minutes and 38 seconds.
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  197. It would be a short video because there is ONLY ONE way to prevent the collapse of civilization. Humanoid Robots. Fercrissakes, it’s mentioned in this video.
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  198. The key thing here is humanoid robots. Non-humanoid robots won’t stave off civilizational collapse. Quite a few studies have shown that people prefer to be lied to by humanoid robots.
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  199. I wouldn’t call it newly proposed. It was part of the “promise” from the beginning. It is perhaps gaining momentum. Or perhaps the momentum is illusory.
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  200. I remember when layoffs would cause a company’s share price to go up. Does this mean that inflation pressures will ease, or are the numbers not that significant?
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  201.  @alcoyne3333333333333  The government doesn’t set prices.
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  202.  @iheartlreoy8134  WeSuds
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  203. I bet you’re a lazy Joker, because you didn’t actually steal their money and burn it, you merely watched them burn their own money and the money of their investors. Nothing wrong with taking Joker-like pleasure in watching people be the agents of their own destruction, so don’t think my calling you a lazy Joker is a criticism.
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  204.  @diestormlie soooory
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  205. Muh eggs.
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  206.  @boudicajones6524  It’s not 300 million people having a problem, though. It’s jjkoester and a handful of people with bad luck that can’t seem to get ahead, no matter what they do. None of the usual get rich schemes are working for them, crypto is crapto, and the only way they’ve been able to make passive income is by dragging a mattress down to the wharves, lying face down, and passively taking it from sailors on shore leave. And few of these sailors have the common decency to give him a reach around. On the plus side of things, some of these sailors give him big tips.
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  207.  @greebj  Bingo. I recently had to do some emergency travel when my cash reserves were low. I ended up putting a substantial amount on my credit card. Right now, to avoid the debt trap, I’m cutting back to the bone all possible expenses so I can pay down my high interest debt before the Christmas holidays. I’ve had to put off QoL purchases and I’ve gotten the food budget down to about $125. If the OP is feeling an unbearable squeeze because he’s starting a business, maybe this isn’t the right time for him to be starting a business. (There’s a lot of possible maybes as to why it’s not working out.) Anyway, starting a business is hard and there’s no guarantee of success. Most businesses fail in their first five years. And yes, it sucks, but blaming the external world is lame and counterproductive.
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  208.  @theondono right?
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  209. It could be that the numlock key is stuck.
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  210. Yes, it’s the social contract. What’s new is registering the social contract on the blockchain.
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  211. What percentage of your portfolio is allocated to “normal savings”?
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  212. Patrick, have you seen Colin O’Malley’s comedy special “Stand Up Solutions”? It’s on YouTube. I think you’d enjoy it. The basic conceit is applying AI to standup comedy. Also, O’Malley is a madman.
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  213. Modestly budgeted. I think his biggest expense is the value of his time that he spends creating and providing these videos.
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  214. On a side note, where do you get your spelling advice?
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  215. Eight Sleep isn’t just redefining sleep. They’re disrupting it!
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  216.  @jonny-b4954  Experienced salesmen also know not to waste time or effort on non-buyers. Trying to cultivate non-buyers into buyers is for rookies.
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  217.  @robo1p  No, wasting time like responding to your comment, sir.
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  218.  @TaoScribble  You just need to work at it a little harder. 😉
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  219.  @webaazul2500  It’s worse than doing nothing. It’s sleazy companies stealing $ while doing nothing.
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  220.  @crelgen1588 So there is no correlation between announcing substantial layoffs and the substantial drop in stock price that followed. Because investors don’t react to news. 🙄 Back in the day, stock price would rise when layoffs were announced.
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  221. I don’t feel emotionally invested, but who doesn’t like a multi-billion dollar train wreck? Anyway, it’s less morbid than an actual train wreck involving death and injury.
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  222.  @RinslerRR  even Google kept its name. It just named its holding company Alphabet. Same thing for Facebook. The product/subsidiary stayed the same, but the parent company was renamed to Meta.
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  223. This is your opinion, but what do the numbers say?
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  224.  @justletmepostthis276  That’s the truest thing you ever said: YDK.
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  225. You’re incorrect and obfuscating the fact that while the entry might have been legal, these immigrants from Asia overstayed their visas, making them just as illegal as someone who crosses the border.
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  226.  @markmarcas6523  You sound like a juvenile delinquent and the liberals that coddle them. “I blame society for making me do dumb things.” Sure, people need to be held accountable. But what happened to personal responsibility?
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  227.  @jeffw8218  That’s a lie. Brush clearance is actually legally required around houses and other structures. Your lie is so bald faced, I must ask you something. Are you a Russian?
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  228. Your body is more than blood. Who needs blood? You could easily survive with a pint less blood (permanently because transfusions are now illegal).
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  229. It’s Mitchell and Web. There’s a million clips. May I suggest one titled “Are we the baddies?”
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  230. What I enjoy most is the people bragging about Californians fleeing to their state turn around and complain about Californians moving to their state. The second best is conservatives who move to escape “teh libruls” discovering the hard way what it’s like to live in a conservative state.
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  231. @MarcosElMalo2 I can’t believe the misquote is getting more votes than you, self.
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  232. Additionally, it’s no brainer to rebalance your portfolio when you vest, so you don’t have your eggs all in one basket.
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  233.  @sELFhATINGiNDIAN  So hard that he takes his penis for granite.
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  234. 24:16 The punchline 😂
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  235. The Scandinavians?
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  236. It’s a quasi legal means of buying influence. You can gain Trump’s favor and attention if you make a substantial purchase. Want a presidential pardon? Buy $10 million in Trump Liberty coins. Is your company being investigated for toxic waste dumping? Twenty million dollars of Trump Liberty Coins will end the investigation.
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