Gongol.com Archives: May 2011
Brian Gongol

May 11, 2011

Business and Finance If you hoard gold, you're a jerk
One curiosity: The author of an article quoting Charlie Munger saying the same says he's "Not really sure exactly what [Munger is] trying to say here". Really? Let's make it simple: Gold doesn't do anything useful, really. And holding onto it in the hopes of surviving some end-times calamity -- at the expense of others -- instead of learning to do something useful that can be bartered, well, that makes one a jerk.

News Hillary Clinton says China's on a "fool's errand"
The Secretary of State says it's foolish for the Communist government to keep trying to keep its people down

Business and Finance Rajaratnam found guilty
The hedge-fund manager was found guilty of fraud and conspiracy. For a free market to function, we must have the rule of law. That's the shortcoming of extreme libertarian philosophy. But thinking that free markets are the only environments in which abuses will occur is the main error of the left.

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