An excellent recap of the wild ride that was 2024. I don’t even think AI could predict what’s coming for 2025, and I also don’t think we would want to know. Everything seems to be accelerating exponentially…
Hey props for the quote by Paracelsus. I've heard a number of variations, such as "the difference between medicine and poison is the dose" but Paracelsus is the original. And we got a bonus dog pic, which I appreciate. I hope her liver is healthy.
My theory on why Memecoins do well is the same reason Memes do well...Humans Love a good Story, and Memes are just stories we love to share with others.
The struggling younglings just want to invest in things they relate with, and they don't relate to the S&P 500 no matter how well it's doing.
"Firearms have become the leading cause of death for children and teens in the U.S., surpassing car accidents and other causes." Only for Black children, as it has been for too many years. All other children not comparable; blaming firearms is intended to be a misdirection. Misdirection could be an alternative title for this piece, ignore actual persons who lied, hid the truth, acted as promoters for imaginary wizards behind the curtains. Thousands of "officials" who chose self interest over public good.
I always LOVE your newsletters, but you might have written this one quickly, under stress with your dog's illness. Yes, markets have fundamentally changed, as in, they are no longer really capitalist any more, and money is fast losing its meaning, as we transition to stores of digital value.... I am not sure summarizing these brilliantly nuanced authors in one sentence is fair... Ursula Le Guin and Aldous Huxley and Orwell and Dostoyevsky said so much more than that :-) You can only really summarize how you interpreted them, but it is just one angle, among many for these particular (important) authors. But anyway, a great selection of authors! Thank you very much for an interesting read, and wishing you a wonderful holiday season
This piece took me two weeks to write. I do believe the authors would understand summarizing their works in one sentence to underscore a broad point, with the reader ideally understanding that of course there is much more to their work than one sentence!
Not sure I buy into that markets have fundamentally changed. In the fundamental end it's all about earnings, and when earnings change, you'll see what happens, for better or worse. I've been watching all this for over 40 years. The fundamentals haven't changed!
Wow - Like that you think about pretty much everything! I do too and my brain hurts sometimes. We really need solutions to all the issues you touch on here. I think the only way to beat insane greedy billionaires is in the market place because they stole our Democracy a long time ago. I call it the Pocket Book Revolution! Consumer power via our purchasing choices of products and services. We should engage in divesting and boycotts too! If you dig what I am saying - check out this essay about investing in ESG funds vs creepy crypto currency or fossil fuels destroying the world.
Incredible work again, Kyla. Thank you for putting these complicated thoughts into words. Would you be willing to share what you've found helpful in understanding these tools well enough to use them effectively.
It will take me more than two weeks to digest this, but I do appreciate your intelligent and insightful writing. Hope you and Moo happy and healthy holidays!
Timothy Morton talks about how AI is the past eating the future -- because AI relies on established data -- it cannot conjure out of thin air, it can only interpolate-- unlike the human mind. This is an important distinction to manage as we all kneel down at its altar.
This newsletter really hit home for me, good stuff. Best wishes to Moo for a speedy recovery!! ❤️🩹
Thank you!
An excellent recap of the wild ride that was 2024. I don’t even think AI could predict what’s coming for 2025, and I also don’t think we would want to know. Everything seems to be accelerating exponentially…
filter filter filter
know which sources to trust
I new to your newsletter and surely do appreciate this one. Lots of good points and fun.
Thank you!
Hey props for the quote by Paracelsus. I've heard a number of variations, such as "the difference between medicine and poison is the dose" but Paracelsus is the original. And we got a bonus dog pic, which I appreciate. I hope her liver is healthy.
Thank you!
Laugh now, but you won't be laughing when fartcoin becomes the global reserve currency.
My theory on why Memecoins do well is the same reason Memes do well...Humans Love a good Story, and Memes are just stories we love to share with others.
The struggling younglings just want to invest in things they relate with, and they don't relate to the S&P 500 no matter how well it's doing.
Memes DON'T do well, they are the Ferris wheel in a three-ring circus. And when the circus leaves town, they'll be selling postcards of the hanging.
tokens of course
"Firearms have become the leading cause of death for children and teens in the U.S., surpassing car accidents and other causes." Only for Black children, as it has been for too many years. All other children not comparable; blaming firearms is intended to be a misdirection. Misdirection could be an alternative title for this piece, ignore actual persons who lied, hid the truth, acted as promoters for imaginary wizards behind the curtains. Thousands of "officials" who chose self interest over public good.
"only for black children" wow
I always LOVE your newsletters, but you might have written this one quickly, under stress with your dog's illness. Yes, markets have fundamentally changed, as in, they are no longer really capitalist any more, and money is fast losing its meaning, as we transition to stores of digital value.... I am not sure summarizing these brilliantly nuanced authors in one sentence is fair... Ursula Le Guin and Aldous Huxley and Orwell and Dostoyevsky said so much more than that :-) You can only really summarize how you interpreted them, but it is just one angle, among many for these particular (important) authors. But anyway, a great selection of authors! Thank you very much for an interesting read, and wishing you a wonderful holiday season
This piece took me two weeks to write. I do believe the authors would understand summarizing their works in one sentence to underscore a broad point, with the reader ideally understanding that of course there is much more to their work than one sentence!
Not sure I buy into that markets have fundamentally changed. In the fundamental end it's all about earnings, and when earnings change, you'll see what happens, for better or worse. I've been watching all this for over 40 years. The fundamentals haven't changed!
P.S. I hope Moo is OK, and feeling better!
Wow - Like that you think about pretty much everything! I do too and my brain hurts sometimes. We really need solutions to all the issues you touch on here. I think the only way to beat insane greedy billionaires is in the market place because they stole our Democracy a long time ago. I call it the Pocket Book Revolution! Consumer power via our purchasing choices of products and services. We should engage in divesting and boycotts too! If you dig what I am saying - check out this essay about investing in ESG funds vs creepy crypto currency or fossil fuels destroying the world.
https://open.substack.com/pub/christophermeestoerato/p/time-for-a-pocketbook-revolution?r=12utpl&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
This article is a bop! 🎉
Wonderfully written ... and strangely reassuring. Thanks.
Incredible work again, Kyla. Thank you for putting these complicated thoughts into words. Would you be willing to share what you've found helpful in understanding these tools well enough to use them effectively.
One of the best intellectual summaries and analyses of 2024 I have read!
It will take me more than two weeks to digest this, but I do appreciate your intelligent and insightful writing. Hope you and Moo happy and healthy holidays!
Timothy Morton talks about how AI is the past eating the future -- because AI relies on established data -- it cannot conjure out of thin air, it can only interpolate-- unlike the human mind. This is an important distinction to manage as we all kneel down at its altar.