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Liberty

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Everything posted by Liberty

  1. https://samharris.org/podcasts/116-ai-racing-toward-brink/ Recommend of you want to learn some of the challenges of artificial general intelligence (AGI).
  2. I suggest 'The Blank Slate' by Pinker, it's a great book. Thanks. I'll check that one out too. He didn't mention his book by that name specifically in the interview, but he did talk a little about his opposition to the theory that humans are born a "blank slate". That's the one. It's a good overview of the field of evolutionary psychology. Moral Animal by Robert Wright is similar.
  3. I suggest 'The Blank Slate' by Pinker, it's a great book.
  4. Obviously it's much smaller than china, but it's big enough to have an impact at the margin, especially since there's supposedly a "huge" infrastructure plan coming. Commodity prices are set at the margin. It didn't take massive supply-demand imbalances to make the price of oil fluctuate significantly in the past 5-10 years.
  5. If steel becomes more expensive in the US, all else equal, demand for it will go down. If demand for steel in the US goes down, worldwide prices for steel will go down (less demand from US creates slack in worldwide demand since US is such a big player). China will be able to buy some of that lower-priced iron/steel from source that might otherwise have sold it in the US otherwise. This directly impacts iron producers, such as the ALS investees. That's as clear as I can make it. Now Trump might meet with a different lobbyist between now and next week and change his mind, but the news was definitely not off-topic for Altius.
  6. Labrador Trough will supply high quality iron ore for the infrastructure buildout in Asia, not America. China policy is much more important than anything Trump does. Watching to see if China is still restricting its low grade steel and scrap copper mills after the lunar holidays. Doesn't matter where it goes. Globally traded commodities get priced by markets. It's all connected. I'm just saying if a trade war begins, it won't be good for anyone, including canada's commodity producers.
  7. That was an ambiguous way to write that, but ok.
  8. http://business.financialpost.com/commodities/mining/ceo-interviews/wrapup-3-trump-says-u-s-to-impose-tariffs-on-steel-aluminum-imports
  9. https://www.coindesk.com/overstock-confirms-250-million-tzero-ico-sec-review/
  10. I think it's hard to generalize about any group of people as large as a whole generation. I think any commentary says more about how older people perceive younger people and vice versa than about the groups of people themselves.
  11. According to Wikipedia, " A film adaptation written by William Nicholson is in the works." That should be interesting if they do it properly.
  12. Waymo promo video shows some of what the self-driving car's sensors see:
  13. Excellent book about an early investor in post-communism Russia and his sad dealings with the mafia-state there. I recommend you read it: https://www.amazon.ca/Red-Notice-Finance-Murder-Justice/dp/147675571X Every time I mention the book on Twitter, I immediately get tweeted at by Russian psy-ops trolls trying to direct me to propaganda sites that attack Browder. This of course makes me more convinced that he hit a nerve and that the book is correct on Russia.
  14. Semi spotted driving on the road:
  15. That'll be interesting to track. They grew 47.1% in 2017, so they'd have to grow significantly below 25% in 2018 and 2019 for this to be accurate.
  16. https://www.cnbc.com/2018/02/27/amazon-buys-ring-the-smart-door-bell-maker-it-backed-through-alexa-fund.html
  17. Q4: https://www.businesswire.com/news/home/20180227006585/en/ First Quarter of Fiscal 2018 Net Income up 59% on Operating Income Increase of 23% and Net Sales Increase of 18%
  18. BKNG Q4: http://ir.bookingholdings.com/static-files/05e91252-845c-476a-a236-9f3599d54cf3
  19. He ruins anything he touches. That's his special power.
  20. New acquisition for the ETG: https://seekingalpha.com/pr/17085634-heico-corporation-acquires-radiation-detection-leader
  21. Nice: https://www.reuters.com/article/us-germany-emissions/german-court-backs-city-bans-on-diesel-cars-idUSKCN1GA2XD
  22. https://www.reuters.com/article/us-iheartmedia-debt-liberty-media/liberty-media-offers-1-16-billion-for-40-percent-in-restructured-iheart-idUSKCN1GB06T
  23. https://overcast.fm/+HOFhYToVA New podcast with the author.
  24. Full transcript: https://www.cnbc.com/2018/02/26/full-transcript-billionaire-investor-warren-buffett-speaks-with-cnbcs-becky-quick-on-squawk-box-today.html
  25. I wonder how they get an estimated 25% CAGR revenue growth for FB for 2017-2019? ???
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