Magic Formula Investing worked better when the above conditions were applied. I picked the leaf where ROIC was less than 0.61 but ROIC quality was higher than 5.49.

There are various creative ways to use LLMs in Cryptography and Steganography (hiding of text) LLMs are ideal mimic functions which imitate English text produced by a human being Therefore by hiding the message in the seed and temperature of the LLM one can hide messages in otherwise innocuous sounding English text which doesn’t sound […]

You are supposed to cross it Not fish in it. Fishing in the Rubicon (especially on January 6th) requires a permit. And you will go to jail if you try. Where as crossing the Rubicon doesn’t require a permit if you manage to win. Everybody wants to be on the winning team. It is a […]

Even rotten groceries are cheap. So beware of just going by cheapness (Price to X ratios where X is Earnings, Book, FCF, Sales etc.). A lot of cheap things on the market deserve to be cheap because they are shit. If you add another criteria to cheapness like momentum (e.g. did it go up last […]

Globalization and free trade can still work But I guess we are not ready for that yet. True decentralization of assets and liabilities eludes us.

US refineries (total) only store about 40 million gallons of military-grade jet fuel at any given time, or about 36,400 flight hours for an F/A-18E/F Super Hornet launched from an aircraft carrier. For 40 x -18’s per carrier, this is about 910 flight hours. A carrier holds roughly 3 million gallons of fuel for its […]

Shanghai Gold Exchange physical Gold premiums (vs the West) has dropped from around 6% to 1.5% This is while the Gold price at the West rose from around $1830 to $2000 Western Gold price rose to meet the price of actual physical Gold in China. China’s pricing of physical Gold is the real price of […]

Ian M Banks novels are about The Culture vs The Idirans. The Culture is a attractive western liberal utopia which seeks to assimilate everything by making everything optional and pleasure inducing, and The Idirans is a type of Hindu-Arabic-Han society which ascribes status regardless of choices, and there is suffering. There is a war between […]