Or things like that that weve discussed that is that we have the same problem in america all of the presenters on the mainstream news on the cable news are centered entirely out of new york entirely out of washington d. C. All of the newspapers across america we used to have local television we have local newspapers we have used the regional newspapers Regional Press outlets now we only have from the Major Financial Centers and it reminded me of a contact i have in the Intelligence Community i know thats big now and these days i would be a hero on m. S. N. B c but he was telling me that under dick cheney that dick cheney was really furious when the Intelligence Community basically did not agree that there was working in iraq and that saddam husseins was friends with iraq with al qaeda and that they were w m ds there so he basically got rid of all of the agents in the field. And the reason why he did that is he said they had gone native and they had too much sympathy with the natives an
Blog or things like that that weve discussed that is that we have the same problem in america all of the presenters on the mainstream news on the cable news are centered entirely out of new york entirely out of washington d. C. All of the newspapers across america we use the local television we have local newspapers we have used the regional newspapers Regional Press outlets now we only have from the Major Financial Centers and it reminded me of a contact i have in the Intelligence Community i know thats big now and these days i would be a hero on m. S. N. B c but he was telling me that under dick cheney that dick cheney was really furious when the Intelligence Community basically did not agree that there was working in iraq and that saddam husseins was friends with iraq with al qaida and that there were w m ds there so he basically got rid of all of the agents in the field. And the reason why he did that is he said they had gone native and they had too much sympathy with the natives a
To the 737 max because they did have a Software Upgrade that is very telling that the employees dont even trust the aircraft itself so how is boeing responded to these are had day well they have they released a statement saying we regret the content of these communications and apologize to the federal Aviation Administration to congress our Airline Customers and to the flying public for them they actually went on to say that these communications do not reflect the company we are and need to be and they are completely unacceptable now over the Simulator Training we know that this could be time consuming so mean this could be costly obviously however even after the crashes boeing said that they did not need the training is that the pilot did not need those training so it wasnt until just this week that they said that they would recommend the pilots and crews have these trainings thats a 3 hour training of course its costly of course its timely but as it is of course necessary to save liv
The federal Aviation Administration to congress our Airline Customers and to the flying public for them they actually went on to say that these communications do not reflect the company we are and need to be and they are completely unacceptable now over the Simulator Training we know that this could be time consuming so mean this could be costly obviously however even after the crashes boeing said that they did not need the training is that the pilot did not need those training so it wasnt until just this week that they said that they would recommend the pilots and crews have these trainings thats a 3 hour training of course its costly of course its timely but as it is of course necessary to save lives and make ensure that the 737 max can be in good working order exactly like look what happened now without the training exactly so on another front the iranian crash of the boeing 737800 not that different plane than the 737 max that investigation is still open but iran did now release a
E if there was such thing as an efficient market then either george soros or Warren Buffett could compound money at 20 percent for 20 or 30 years because i would be impossible if markets were efficient and all information was known in the price reflected all that information so clearly markets are not if not efficient and this idea of reflexivity its a bit of a Quantum Mechanics entering into the finance space you know this like schrodingers cat as a Quantum Hedge Fund operator. And thats very. Scientific in that way but it nevertheless it does have a huge impact and i do think that we are seeing that in markets today people are looking at stock markets and assuming you know they hated the dow jones when it was at 9500 you know 1011 years ago after the 2008 financial crisis remember it was too high of 9500 its going to go to 3000 well here we are near 29000 and people are saying well its going to go to 50000 and they love it at this price because as somebody famously wrote in a. Book p