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“To be honest, however, for a high-end theoretical physicist, Einstein's math was subpar. His earlier papers -- while elegant, brief, and brilliant -- often contain simple errors.” -From Karen C Fox and Aries Keck on Einstein A to Z. I should have said Einstein's math was considered subpar- "it's more correct to say th...more
“What’s in a Name” …..Steve Jobs, Bill Gates, Mark Zuckerberg -Software “plumbers” and college drop outs. Albert Einstein great physics “plumber” who's math was considered subpar. Fred Smith founder of FedEx, gets a “C” on his college term paper proposing overnight shipping, -shipping "plumber". We are all tradesmen in...more
Is Tesla America's fourth automaker?-No, it is not. There, confusion and uncertainty over. When they can produce at least 250,000 to 300,000 units per year, employ 30,000 and have around 3 billion in sales and service revenue then they’ll be a major automotive player.
They have built a nice PR machine, in fact, t...more
I agree with you on this one. If you haven’t seen Lesley Sthal’s 60 minutes report on China’s real estate bubble, you must. It is impossible to understand unless you see it. Newly built cities (not buildings or homes, but cities) as large as Manhattan, (skyscrapers, parks, highways) all empty, not one person living or ...more
Enron, Arthur Andersen, Moody’s, Finch, S&P, Fannie Mae, Freddie Mac, Merrill Lynch, Lehman Brothers, Goldman Sachs, Countrywide financial, The S&L crisis of the 70’s/80’s, Greece, Ireland, Iceland, Cyprus, Spain, Portugal, City of San Bernardino, Calif., City of Stockton, Calif., Jefferson County, Ala., Bernie Madoff ...more
"Home prices have been rising since last year, helped by investor demand and tighter inventory” -Well that’s the story isn't it, it’s not individual buyers that are moving the needle on prices and inventory, rather its investment groups. Soon enough these "investors" will realize why real estate is a far more difficul...more
Good, then you have no reason to support the light bulb requirements of the Energy Independence and Security Act of 2007. Buy your own assertion the market has chosen freely which type of bulbs are best for its needs, so there's no need to implement legislation mandating the phase out of 40-100 watt incandescent bulbs ...more
I thought capitalism embraced the tenets of open markets where competition determined the winners and losers, not mandates. These “new” light bulbs are not new technology at all, so why didn’t these products win acceptance in the market place when we actually had free markets? How insane is it to spend 50 years removin...more
I thought capitalism embraced the tenets of open markets where competition determined the winners and losers, not mandates. These “new” light bulbs are not new technology at all, so why didn’t these products win acceptance in the market place when we actually had free markets? How insane is it to spend 50 years removin...more
5/3/2013
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