TeknOShEeP
6d ago
Yes, in generally virtually none of the managed/hedge funds outperform the S&P 500, but thats not the point of most of them. Their point is to offer returns uncorrelated with how the S&P500 is doing, hence the term "hedge". In the long run, having a portion of your assests sufficiently diversified from the rest will return higher overall yields.
TeknOShEeP
7d ago
So... you're reading a bunch of transcripts and concluding that he was a mainstream milquetoast conservative. Well, you'd be correct on that. But Charlie Kirk's power was not in his ideology, or his ideas, or his intellect. Charlie Kirk was extraordinary because alone among any political commentator in the US, he would go to various colleges and universities and welcome open, civil debate with anyone who showed up. This is something that our society is sorely lacking and we need more of, but there are very few people who have the courage to do it. Probably fewer now.
If your point is to dismiss him because he's not an ideological tentpole of conservatism, you are missing the big picture entirely.
TeknOShEeP
24d ago
Metalworking? No- despite the popular misconception water and ice are considerably more compressible than essentially all metals. You'd probably want something more along the lines of Dexpan, which when mixed with water can (according to the tech specs) provide 18 ksi of compressive force, which might be enough to form some softer metals like copper or aluminum.
TeknOShEeP
25d ago
This is excellent information, thank you!
TeknOShEeP
26d ago
Conversely, NY, CA, WA, etc... could be significantly more gerrymandered.
Uh, without some blatantly illegal actions, none of those three could be really any more gerrymandered than they already are. NY was a 57-43 D-R split last election, and yet splits seats 19-7 (76-24%), CA was a 60-40 split and yet seats are split 43-9 (82-18%), and WA was 57-43 splitting seats 8-2.
Conversely Texas was 58-40 with independents, and split seats 25-13 (66-34%).
The problem (and dirty secret) of the DNC in this whole dust up is they have no juice left to squeeze. Their biggest safe states are already gerrymandered as hell, and even friendly courts only bend so far. Gavin Newsome won't do shit because if he pushes harder he might get his already incredibly advantageous map thrown out for one that might more proportionately represent the voters.
To his credit though- he's not as cringe as the Connecticut democratic party and governor who are taking the high road on social media about how they are "avoiding partisan warfare". This conveniently glossed over the fact thst they have already achieved what is proportionally the most gerrymandered state in Amwrican history- the 42% of GOP voters gets exactly zero congress critters, a flawless victory.
To me Buttigeig managed to utterly disqualify himself by being probably the worst Secretary of Transportation America has had in at least a quarter century. He essentially was AWOL for at least a quarter of his stint (though given the SecDef was also able to go AWOL for medical reasons, perhaps this was an unannounced policy of the Biden admin?) and offered the weakest possible response to any of the notable transport disasters that occured under his watch.
What policy he did managed to push seemed entirely focused on DEI rather than any actual effectivity or improvement, and in doing so he managed to deeply piss off a number of otherwise apolitcal career professionals, any number of which would be happy to offer damning soundbites to the media outlet of your choice.
The lesson here is if you get a cabinet post as a pay-off for dropping out of the primary, be like Hillary and actually get shit done (we can argue about whether the shit being done was good or bad, but no one was debating that she wasnt capable). If you pull a Pete, your career is dead.
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