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DavidV

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Everything posted by DavidV

  1. Although I am no longer active on this forum, I was recently sent a moderation request. I decided to post this brief introduction to my involvement with the site in case it is of interest to some of the current users. I created Objectivism Online in February 2003. The original vision was much more ambitious but has gradually narrowed in scope and various social media platforms have superseded some of the original features. The initial membership came largely from connections I made at the 2003 Objectivist Summer Conference. For a number of years, this site was the primary online community for students of Objectivism on the Internet. I have not been active on the site for over 10 years, but it has continued thanks to a succession of administrators: RationalEgoistSG - he helped complete the original vision for the site in 2003. AshRyan - he organized live events and supported the forum through the rapid growth phase in 2005. softwareNerd - he has been the de-facto leader of this forum since 2006. JASKN - has been running the site since softwareNerd retired in (2015?) I'll close with some other sites that I run on the server which hosts this forum: WalletRecovery.info, my Bitcoin Wallet Recovery business Vellum Capital , a cryptocurrency hedge fund (in which I am a partner) The Free Capitalist Network, a WordPress blog network with a few dozen (free) blogs. RationalMind.net , my own blog, which was active from 2001-2013, until I co-founded Liberty.me , and set up my blog there. In addition to these projects, I am the Director of Marketing and Technology for the Foundation for Economic Education, a free market think tank founded in 1946. As I'm not currently active on the forum, if you want to contact me, you can find me on Facebook. Let me end with a plug for The Objective Standard (I've been helping Craig run the site), and the TOS-Con 2018 conference, where I will be presenting content from my forthcoming book on personal finance. It's in Richmond, VA August 16–19 2018.
  2. Let's do that now: I split my portfolio into 3 equal parts at start of 2009. Gold: 86 to 183, down to 128 : 49% up International securities: 29 to 52, 45 now: 55% up S&P 500: 825 to 2173 : 163% up I would have done better if I had gone 100% S&P 500. It's fair to say my doomsday predictions were quite wrong (or at least too early). I did quite a lot better than the markets in 2009 and 2010, but did not sell when gold crashed in 2013+, and slightly trailed the market from 2011 on when foreign markets stalled while the USA boomed. In conclusion, while I had some good and bad luck, I mostly matched the overall market. My superior returns were mostly due to luck. The one smart thing I did was to invest every penny I had when the market was worst, specifically in the assets which suffered the most. I that again in January 2016 with similar success. This post and the upcoming one cover the lessons I learned from investing on my own.
  3. Update: Just updated to PHP 5.6 and tuned the settings. Let's see if it's more stable.
  4. FYI The forum has not been very stable since the move. I am trying to host it on Windows/IIS, which requires some tuning. If it does not work after a week, I'll have to move it to Apache and/or Linux. Please IM me if you notice that it's down.
  5. Sorry guys, I screwed up big time. I migrated the nightly backup, whereas I should have taken a snapshot before migrating. I thought it would be OK because it was the middle of the night, but because of the time zone difference (I'm in Bangkok) I did not realize that the backup was done on the previous day. Then, because I did it at the last minute, the hosting account is expired. I cannot access the latest backup without paying for another six months. Would it be a huge deal to give up on the last day of posts? They are probably in Google's cache.
  6. Join Objectivist fantasy-fiction author Tom Liberman for a celebration of his sword-and-sorcery adventure novel, The Broken Throne. http://www.spreecast.com/events/the-broken-throne This is a live video event on Spreecast, and you can watch, ask questions, and join in the community. We start at 9 EST on Tuesday night (March 3). Can a taste of freedom can turn a man against everything he has ever known? Hosted by Liberty.me LIVE. PS: The Broken Throne ebook is free to download for all Liberty.me members for a limited time. (However, you don't need to be a member to come to the event.)
  7. For future posts, please follow my new blog at Liberty.me: The Ungoverned Original: http://feedproxy.google.com/~r/TruthJusticeAndTheAmericanWay/~3/AxDzosatVdc/
  8. The "electric universe" theory is unscientific nonsense. I'm closing this topic to discourage real science from being posted here to give it an air of legitimacy.
  9. I just made the default background a bit darker. I think it makes the text a little easier to read, but still not perfect.
  10. Sophie learned how to remove the keys from my MacBook today. In other news, I now know how to re-attach the keys on Apple keyboard. This is bound to turn into an arms race.

  11. Although the Obamacare website has been a very typical government IT disaster, given the State's unlimited ability to rob the public to pay for his mistakes, it will surely be fixed eventually. That is when the real fun will begin. Given the State's ability to redirect an unlimited ability of the people's wealth into healthcare, surely the total amount of medical services provided can be increased, in the same way that the amount of educational services have increased by increasing the shar...

  12. I updated my NuGet packages, which upgraded me to MVC5, breaking SimpleMembership. I installed the new Visual Studio 2013 to try to understand the new Microsoft .NET Identity API, which seems to subtly break SimpleMembership. VS2013 was a buggy piece of junk (trying to create a new project crashed it), so I uninstalled it and did a massive Git revert. Then, found out that my SQL Server 2008 database diagram support is broken in SQL 2008. Repairing SQL Server 2008 did not fix it. So I ha...

  13. Each additional person in a group photo increases the probability of a bad shot by x%, with x varying depending on factors such as lighting and distance. When adding children, multiply x by 13-age (ie, a 3 year old is 10 times as hard to get right in a group photo on the first shot.)

  14. 1000+ of my favorite quotes.

  15. I discovered something today about the way babies play. Sophie had been playing by herself for some time and I found that her head was soaking wet, with water dripping down her face. She was periodically wiping her eyes. Turns out she was engaged in an exhausting workout, just playing with her blocks and crawling around. She picked out a few of the toys we put out and organized a pattern of manipulation for multi-sensory (holding, hitting, tasting) physical interaction. We provided h...

  16. “The biggest enemy to learning is the talking teacher.” ― John Holt

  17. “The idea of painless, nonthreatening coercion is an illusion. Fear is the inseparable companion of coercion, and its inescapable consequence. If you think it your duty to make children do what you want, whether they will or not, then it follows inexorably that you must make them afraid of what will happen to them if they don’t do what you want. You can do this in the old-fashioned way, openly and avowedly, with the threat of harsh words, infringement of liberty, or physical punishment. Or yo...

  18. Alouette, gentille Alouette Alouette je te plumerai Alouette, gentille Alouette Alouette je te plumerai Je te plumerai la tête Je te plumerai la tête Et la tête, et la tête Alouette, Alouette O-o-o-o-oh Alouette, gentille Alouette Alouette je te plumerai

  19. In order to become a Medical Doctor licensed to practice medicine, you must first get a four-year bachelors degree, which often need not have anything to do with medicine. Furthermore, the four years of medical school need not teach you anything at all about the specialty you intend to practice, as that is learned during the residency and fellowship. Basically, the medical certification system wastes eight of the most productive years of a young person's life before they are allowed to work...

  20. If corruption is the pursuit of money and power for personal gain by political means, then it is a mistake to see corruption as a deviation from some imagined ideal political system. Corruption IS the political process, as it is the only activity which politics incentivizes is the pursuit of political authority and rent seeking behaviors. There is no non-corrupt, non-arbitrary rational method to allocate stolen loot outside of the market price system. The intention of political actors is...

  21. Human values are individual and subjective, but in modern society, money is a used as a proxy of value, in both the market and the political system. We can speak of the aspirational, world-changing dreams of both entrepreneurs and politicians, but it is money which gives their values power to act. In this way, we can see the politics and the market as mirroring each other, driven by the same self-organizing principles of individual value maximization. Many people see the political and the economic spheres as collaborative, with each making up for the gaps of the other. There is a fundamental difference between the market and the political process however: The market system is driven by the pricing mechanism and therefore selects for maximization of consumer value. The political system is driven by the electoral-bureaucratic process, and therefore selects for the maximization of political influence. To succeed in the market, entrepreneurs must reorganize labor and capital and delivery sufficient value to consumers to cover their expenses. Politicians must reorganize labor and capital in a way that maximizes their power to redirect assets from those engaged in profit-making activity (which includes every market participant) to actions which maximize the support the support of their funding base. The crucial point is that this has nothing to with intention – the capitalist may be malicious and the politician benevolent, but to the extent that they are successful in their respective spheres, they must respond to incentives. The market process incentivizes the satisfaction of consumer values, whereas the political process incentivizes the redirection of values from the voluntary sphere or consumer choices, to the involuntary sphere of political authority. Thus, though they are closely linked, the market and the political arena are linked directly in opposition to each other: politics feeds off the market, and cannot grow independently, as it has no capacity for independent existence. A society which forbids the market, or redirects too much market value towards the political realm quickly loses the power for political action as well. The firm exists solely for its own sake, but the State exists at the mercy of the market from which it gains its power. Original: http://feedproxy.google.com/~r/TruthJusticeAndTheAmericanWay/~3/0bUJZTIYEjA/
  22. I went for a walk today. During my walk, I took just under 600 raw photos. It used my most of my camera battery, but only 8GB, or 1/4th of my memory card. It should take me under 1 hour to review and edit the photos. I will probably share 1 to 3 of the photos I took. Can you imagine how this would have worked in the old days? It would be impossible for all but an elite few professionals, with their own labs and a team of assistants.

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