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WaRReN BuFFeT EXPLaiNS NaSH EQuiLiBRiuM

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Mon, 05/25/2015 - 23:13 | 6131454 monad
monad's picture

Don't blame Warren. All you need to do is routinely beat one of your children, train her the benefits of socialism, proper gun hygiene and let her read the NYT (NYeT, fool!). This fixes itself.

Oh, but first you have to kick your idiot box habit. No more than 2 hours a week, mein liebchen, including interwebs. And thats pushing it. < 3 hours a month is best. Oh look, kittens!

 

Mon, 05/25/2015 - 00:52 | 6128604 blindman
blindman's picture

like dirt the truth is repeatedly
washed to the ground.
it is what people do

Mon, 05/25/2015 - 21:14 | 6131235 acetinker
acetinker's picture

Zappa was crazier than me, which I respect.

https://www.youtube.com/watch?v=NARfmp0PW4E

Mon, 05/25/2015 - 00:01 | 6128531 blindman
blindman's picture

history repeats.
it just does and there is
very little anyone can do
to change it.
the very little,
there is where the hope and action
is.
Frank Zappa_ A day with Frank Zappa_1971
https://www.youtube.com/watch?v=5aFRBbnF-ag
.
non-violence, what does that mean?
very powerful and unappreciated
concept and conviction........
the universe has that kind of possibility
and much more one must imagine and realize.

Sun, 05/24/2015 - 23:57 | 6128525 dexter_morgan
dexter_morgan's picture

Big money pull a million strings
Big money hold the prize
Big money weave a mighty web
Big money draw the flies

https://www.youtube.com/watch?v=4VMbUzsXP78

Sun, 05/24/2015 - 23:34 | 6128475 blindman
blindman's picture

Frank Zappa on Larry King Live (FULL)
https://www.youtube.com/watch?v=P1ec82Tcq3o
.
frank said it right

Sun, 05/24/2015 - 23:10 | 6128430 blindman
blindman's picture

Frank Zappa - Lost Interview - Problems with Democracy(6-7)
https://www.youtube.com/watch?v=XgJvMwAscO0

Sun, 05/24/2015 - 23:03 | 6128409 blindman
blindman's picture

Frank Zappa - Lost Interview - The Presidential Elections(3-7)
https://www.youtube.com/watch?v=XOz7aSJO2qo

Sun, 05/24/2015 - 22:08 | 6128294 Reaper
Reaper's picture

The Buffet equilibrium is reached when the government, aka as Buffet's stooge, puts its hand on the balance.

Sun, 05/24/2015 - 21:00 | 6128143 palmereldritch
palmereldritch's picture

Game theory that excludes statistical probability is just sloppy supposition.

That said, my condolences to the Nash's

And to everyone else:

Buckle Up

Sun, 05/24/2015 - 22:15 | 6128308 janus
janus's picture

great comment.  but you're forgetting the world in which you live.  just bedeck any theory with the tinsel of excessively convoluted sub-theories (footnoted to promote the work of well-placed acamadicians who prefer to be celebrities in their doltish cliques than men of letters with integrity and ethics) and, voila!, you get medals, the right to publish books that students are forced to pay 200 a pop per and endless accolades from foppish dilettantes.

that said, i likewise pass-along my sympathies.  

the equilibrium work was bona fide.  game theory remains inelegant.  

what the fuck is meant by 'rational actors', anyway?  since when did humans become 'rational actors'?  and again, statistical probabilities are great until, that is, events fall outside the brackets of that last standard deviation....my guess is that QE3 may be the last remaining terrain within the area of their furthest outlying deviation.  we are entering the hinterlands, an irrational world where models slide endlessly off into infinity (and infinity, though necessary, is perfectly irrational).

night riders don't buckle up...but, over time, we've learned the benefits of advanced suspension, braking and steering systems.

https://www.youtube.com/watch?v=Gb1uDc_qa-4

fuck the lessons from cinema...the very intent of fiction is to subvert fact.

the night rider lives.

Fortune favors the bold,

janus

Sun, 05/24/2015 - 23:27 | 6128464 blindman
blindman's picture

or, facts fall from fiction,
condense,
on some unrecognized surface
like droplets from the air.

Mon, 05/25/2015 - 00:11 | 6128548 acetinker
acetinker's picture

And we refuse to see... that which has condensed before our own eyes.  We seem to prefer the lies.

Sun, 05/24/2015 - 23:25 | 6128457 acetinker
acetinker's picture

I'd be the first to agree w/you that no human theory could ever begin to describe this life.

Still, I give John Nash credit- for at least he tried to define mathematically that which you and I struggle with, every day.  No?

I love you, janus.  Don't ever think otherwise.  I'm just bein' an asshole, which is my specialty, btw );

Sun, 05/24/2015 - 20:01 | 6128002 Yen Cross
Yen Cross's picture

   buFFertt>>! fuck you< nash []payme<

Sun, 05/24/2015 - 19:25 | 6127924 DaddyO
DaddyO's picture

Cronyius Capitaluum, the most dreaded creature in the financial realm!

DaddyO

Sun, 05/24/2015 - 19:31 | 6127897 Stained Class
Stained Class's picture

"I wouldn't have lent Goldman or GE a dime if I didn't know the government was going to step in and do something".

And he wouldn't have sold short $5 Billion in PUTS either, the old wart-hog POS.

Sun, 05/24/2015 - 23:15 | 6128443 acetinker
acetinker's picture

Judas Priest, man!  Can we not make fun of a great dead man whilst idolizing a piece of human shit that will seemingly live forever?

I know... I know, we agree.  Just had to say it.

Sun, 05/24/2015 - 22:22 | 6128328 disabledvet
disabledvet's picture

I kinda like warthogs actually.

Sun, 05/24/2015 - 18:49 | 6127851 VelvetHog
VelvetHog's picture

At this time I'd like to introduce the new Globull Reserve Currency; The Crony.

Mon, 05/25/2015 - 23:14 | 6131551 monad
monad's picture

Nah. Too much arsenic.

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