Feb

6

one has been wrestling with the question, which many put to me to embarrass me over the weekend, when we will hit an ATH again. it's been a whole year. since 1996 there have been approximately 30 days out of 8000 that have lasted more than a year without. from 1996 this would be extremely bullish for S&P, and crude. but from 2022 very ambiguous. for gold the stats are very encouraging - bullish now at $1878. So I turn to books I have read over weekend for long-term foundation.

Verdi A Biography by Mary Jane Phillips-Matz. one learns about every respect of Verdi's day to day life with not one iota of info about his music. Its particularly good about his Menage a troi with Stolz and Strepponi. How the wife suffered with his brutal behavior. and how it was routine for Verdi to leave 50,000 francs in his wallet in shared hotel room with Solz and how Verdi, one of richest men in Italy when he died in 1901, was very generous throughout his life except for the conductor Miriani who he decimated for bringing Wagner to Italy. Much more harmonious and enjoyable is the Life & Works - Giuseppe Verdi by Siepmann, et al.

Memoirs of a Superfluous Man by Albert Jay Nock. this book which honors Jefferson, Rabelais and Artemus Ward is the perfect antidote for those who are dissatisfied with the present milieu and a preventative for going a gaping with strange Gods whose blandishments go against traditions of their culture and discipline. Much closer to home is The Travels of Marco Polo and how a Venetian merchant was able to learn about and prosper from Asian cultures except the Chinese.

Robustness and Evolvability in Living Systems by Andreas Meyer. distributed robustness and not robustness of parts is the key to stability. a brilliant author's exploration of genetics, biology, and chemistry with much extensions to our field.

much talk about bias especially from the big 2 newspapers. but left out is the incredible ratio of pro "guy' to anti golfer articles and reports of former mayor's site. amazing that they persist in this when one would speculate that 50% of their users are neutral. thus the business site joins the professional sports leagues and the 3 letter agencies et al in agrarian activity.

AllSides - Don't be fooled by media bias and misinformation

the guy pulling out to clear lead in odds of winning which is very long term bullish as more capture and consilience with all the agrarians harmonizes.

Marco Polo was a great inventor but was very calm didn't seek out adventures but was a wayfarer as he brought back to Venice gunpowder, spectacles, paper money and numerous maritime inventions of his own. There is a modern day counterpart. Hobo Keely. that's Hobo Keely who traversed 30 separate countries and left every one better off and met all his responsibilities to his noble bosses while not refraining from prurient activities. For those new to the Hobo i would refer you to Daily Speculations where he has chronicled his travels almost daily for 20 years.

Like Marco and Odysseus who were gone from their homes for 20 years, they were not reconized when they came back. and worse yet, all sorts of moochers were living in their home. Hobo has found home stolen or burned down, be it ever so humble even if it was a pipe.

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