Iconic Chinese Sculpture

Traditionally, the speculators who expect better times and valuations are called bulls, while the pessimists are bears. On Wall Street, in front of the NYSE building, stands the iconic sculpture of a furiously charging bull. It is a tourist attraction and Chinese visitors love to rub its testicles, which shine as new.

The Hong Kong stock exchange also has an iconic sculpture of not one, but two philosophically ruminating Asian bulls.

A chacun son gout. 

The Paper Factory Mystery

I follow several stock exchange analysts and read the Maya board of company announcements. About two-three weeks ago most analysts and journalists wrote shining articles about the prospects of Niyar Hadera, the Hadera Paper Factory, that had invested in technology and was going to prosper. A stupid saver (moi), having some remote and dated knowledge of the factory through a small consulting job twenty years ago, believed it all and invested his hardly earned savings in the paper.

As if someone from above had been watching and waiting for the signal, the share price immediately halved. Since it never happened to me that the day after buying a share its price doubled, I suspect unnatural intervention. The hand of a superior being was made visible through this strange happening.

I hope it will be cornered and sent to jail. 

Judaism and Zionism

Judaism is not a religion, it is a multiracial ethnia. Most Jews do not practice any religion at all and do not know nor believe in the Bible. German Martin Luther already accused the Jews of pretending to be a religion while they were a separate nation. They are not and never were a race, genetically, Jews carry genes from every human variety.

Zionism is the anticolonial liberation movement of the Jews. Jews in the Diaspora were and are oppressed and colonized: they are forced to speak their colonizer's Arian language, they are brainwashed to adopt their bizarre culture and traditions, and they are and always were attacked and killed by colonizer "extremists" and organizations. Even this last years they were killings of Jews per Jews in the USA, France and Argentina. Hungarian Jews live hiding their identities, change their names and fear to reveal their origin.

Against this psychical and physical oppression rose the Zionist movement 130 years ago and is striving to liberate the frightened Jew from the complexes of its colonized past, and leading the armed fight provide the Jews their own free and safe country.

Trump Righting Wrongs

Today, the United States adopted an important policy that rights a historical wrong when the Trump administration clearly rejected the false claim that Israeli settlements in Judea and Samaria are inherently illegal under international law. (Source: Bibi)

Shiraz burning, the West trembling

In the last four days has been no internet in Iran, as the Ayatollahs try to disrupt the co-ordination of the countrywide protests. Almost no news of what is happening in Iran: is this a passing grievance protest or an armed revolt? I heard in the radio that Shiraz was burning, all the banks and Army shops have been broken in and sacked, and the rebels had armed themselves with weapons taken from police stations. Their goal is to stop Iran's foreign wars: Yemen, Iraq, Syria and Gaza. Lebanese mercenaries are deserting and trying to leave the country. I love Shiraz because of its superb red wine and of course, Omar Kayyam poems. One day I may visit it. On second thought, the fanatic Ayatollahs may have forbidden the wine. Islam forbids alcohol, allows sex and drugs. The Infidels!

Regarding those Infidels: While the West is trembling and paralyzed in face of Islamic terrorism and aggression, China is showing the way. China, fearlessly, jailed one million Muslims to educate them in civilization and patriotism. The West, instead of following its luminous example, is piously condemning China's "inhumanity". Does not the West deserve, therefore, that bomb in the crowded Madrid train station, that heavy truck deliberately driven into Berlin Christmas street market, that minibus crashing into the English Parliament and killing policemen and cyclists? or that bloody massacre in the Charlie Hebdo magazine office? 

TEVA rockets 8%

The American stock exchange has risen to a peak. Financial assets are at an all time high. TEVA, a stock I own, lost 80% of its worth, but slowly is deleveraging and rising. For the last three months I did not pay much attention to my portfolio, but that is going to change. TEVA was hit by the loss of its star patent Copaxon, and then by a very bad investment that left it much indebted. Now is has stabilized, hopefully.

Dalio, from Bridgewater, suggests that a wealth redistribution is coming in America. That means a Democratic government again, and Latin American style expropriations a-la-Ocasio. Capital will move to... Russia, China. Some is already coming to Israel, but our absorbing capacity is minor. Israeli assets are expensive, due to cheap credit and the capital inflow. I may buy Summit which invests in rentable real estate in Germany. I am feeling that apartments in Israel are becoming cheaper, but still assuming a mortgage to buy one is risky. Pic.: Ray Dalio and Gwyneth (I do not know who she is, but looks well on my blog). 

The Difference between Right and Left

The clearest definition of the Left is set here in black and white. The Right sees say a bridge or a building or a successful business corporation and thinks that it just happened, no one created it nor invest thought and effort in bringing it about, and anyway, if the man who built it would not have built it, somebody else sooner or later would have done it. Things just happen inevitably, spontaneously, like the grass that grows after a rain.

In fact, it is clear to the Left that there is no pride nor achievement in the building of a bridge, a new road, a big corporation, and that all the human effort and work behind it is basically worthless, meaningless, basically harmful and counterproductive. The creator did not add anything to the universe, what he did was to appropriate or steal it for his own enjoyment and to the detriment of the enjoyment of the rest of humanity. 

Since I work day and night designing and building factories and so, and have never seen any of them appear spontaneously, I cannot suffer that people who takes the position that they are a given of nature. The grass grows naturally, bridges and cities appear because it is in their nature to do so, great fortunes are stealing what already is there or would be there anyway. In my daily life, I meet this world view in regulators, they cannot understand the effort to build something, they feel it is there by a law of nature. New buildings and new bridges are not splendid achievements of human effort but a nuisance and violation of the existing, sacred Nature, and should not be allowed to be built at all.

The Left has a belief that there is something called "environmental justice". It is the ancient illusion that there is a fixed amount of things out there and if you have two while I have none, justice requires a rebalancing. If Bill Gates has billions and I have just enough, I feel poor and claim for justice. Dalio says that social disturbance will appear and redistribution is inevitable. Preventively, I should redistribute too.