[FRIAM] Art via AI

[Tom Johnson]

A recent FRIAM live conversation topic

https://www.wired.com/story/picture-limitless-creativity-ai-image-generators/?bxid=5bea123b24c17c6adf1d2a27&cndid=9635641&esrc=WIR_CLEANUP_201407&source=EDT_WIR_NEWSLETTER_0_DAILY_ZZ&utm_brand=wired&utm_campaign=aud-dev&utm_content=WIR_Daily_111722&utm_mailing=WIR_Daily_111722&utm_medium=email&utm_source=nl&utm_term=P4

===
Tom Johnson
Inst. for Analytic Journalism
Santa Fe, New Mexico
505-577-6482
===
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Re: [FRIAM] (not) leaving Twitter

[Roger Critchlow]

Hmm, credit unions were designed to not be in competition with banks, and
so they don't get very big,h and don't have access to deeper pockets of
funding, and don't get gobbled up by bigger banks, and don't get closed
because their service areas underperform.

So when big banks look at their branch performance, they could run all the
branches head to head against each other, but the branches should really be
tiered into comparable peer groups.  A branch should score according to its
performance against branches in similar locations, and according to its
contributions to improving the economy around its location.  Otherwise the
big bank is just strip mall mining and leaving finance deserts behind.

-- rec --

On Thu, Nov 17, 2022 at 4:27 PM Steve Smith  wrote:

> Eric/Roger -
>
> I appreciate your personal anecdotes re:LANB.   I think it was a shining
> star in it's own way.  I have known people who worked there over the
> decades and have known a few of the families of the principles including
> a couple who acted as personal assistant/caretakers for the Cowan's in
> their last years.   I am acutely impressed with George's (and other
> peers) role in the establishment and maintenance of the institution over
> the decades.   Most of my other anecdotal experiences are less
> one-sided, but it is the nature of small town pettiness/politics/gossip
> as much as anything in particular.
>
> It *was* in many ways a "no brainer" to have a payroll the size of
> LASL/LANL on deposit and a captive audience of the bulk of the employees
> and local businesses as customers, so it isn't surprising that they
> thrived.  They held 4 different mortgages over my decades and they did
> well by them, though they did sell 2 of them (as was the agreement) to a
> third party which was at least moderately inconvenient (lapses/overlaps
> in direct-deposit payments, escrows etc) but it all worked out.   I know
> of people (re: EricS experiences) who received impressive personal
> treatment... my daughter worked in the Mortgage dept for several years
> and holds a number of great positive anecdotes from that era.
>
> When some trust-busting rules came along (maybe it was when UC lost the
> contract?) LANB no longer held the contract's payroll and it seems like
> it was soon after (<6 years) that the parent company took a large
> outside investment which I *think* was the prelude to a full sale to
> Enterprise Bank and Trust.
>
> Meanwhile Del Norte (formerly Los Alamos) Credit Union and Zia Credit
> Union and a couple of other trades CUs (Schools, ???) bop along as
> second class players to the big banks (LANB/Enterprise included).
> There are two major bank branches (buildings) evident in Los Alamos,
> though I couldn't name them).   Credit Unions are now offering
> Mortgages, they did not last time I took one out (16 years ago).
>
> - Steve
>
>
> On 11/17/22 10:46 AM, David Eric Smith wrote:
> > On Nov 17, 2022, at 12:23 PM, Roger Critchlow  wrote:
> >>
> >> The old Los Alamos National Bank, LANB, was founded by a LANL
> >> scientist as an antidote to big-bank homogenization.  There are still
> >> hints of that origin in
> >> https://www.linkedin.com/company/los-alamos-national-bank/, but LANB
> >> sold itself out to a big bank several years ago.
> >
> > Yeah, btw, that really sucked.
> >
> > I got to know LANB when I had first moved to Los Alamos, was getting
> > around only on foot, and was there sitting on their curb on a morning
> > before work waiting for them to open.
> >
> > Some guy in a suit came by and asked if he could help me, and I said
> > something snotty and completely uncalled-for about bankers working
> > bankers hours.  So he let me in and started the opening of an account
> > for me.  That was Bill Enloe.
> >
> > A few years later I needed a mortgage loan for a house, had just lost
> > something like 100k in two days on a Pharma that didn’t get a good
> > outcome on a clinical trial, which I had wanted to have for
> > collateral, and could not sell a house in Austin that I was in because
> > I had a renter who had just lost his job in the market downturn, and I
> > wasn’t willing to throw him out, even as the house lost about 1k in
> > market value per week as the whole market there was falling apart too.
> >  Then got Salmonella or something from an egg sandwich in the ABQ
> > airport flying back from somewhere (Austin?) to make the loan.  People
> > who knew me said they had never seen anyone as white as I apparently
> > was for several days after the first 24 hours of violent illness.  I
> > went to the loan officer’s office, and after about a minute sitting
> > there talking to her, asked if I could lie on my back on her floor
> > while we spoke so I wouldn’t pass out.  Finished the loan negotiations
> > in that form.  When my realtor asked to look through the various
> > papers as part of negotiating the closure, he commented “man, you got
> > a really good loan”.  I will protect the loan officer's name for 

Re: [FRIAM] (not) leaving Twitter

[Steve Smith]

Eric/Roger -

I appreciate your personal anecdotes re:LANB.   I think it was a shining 
star in it's own way.  I have known people who worked there over the 
decades and have known a few of the families of the principles including 
a couple who acted as personal assistant/caretakers for the Cowan's in 
their last years.   I am acutely impressed with George's (and other 
peers) role in the establishment and maintenance of the institution over 
the decades.   Most of my other anecdotal experiences are less 
one-sided, but it is the nature of small town pettiness/politics/gossip 
as much as anything in particular.


It *was* in many ways a "no brainer" to have a payroll the size of 
LASL/LANL on deposit and a captive audience of the bulk of the employees 
and local businesses as customers, so it isn't surprising that they 
thrived.  They held 4 different mortgages over my decades and they did 
well by them, though they did sell 2 of them (as was the agreement) to a 
third party which was at least moderately inconvenient (lapses/overlaps 
in direct-deposit payments, escrows etc) but it all worked out.   I know 
of people (re: EricS experiences) who received impressive personal 
treatment... my daughter worked in the Mortgage dept for several years 
and holds a number of great positive anecdotes from that era.


When some trust-busting rules came along (maybe it was when UC lost the 
contract?) LANB no longer held the contract's payroll and it seems like 
it was soon after (<6 years) that the parent company took a large 
outside investment which I *think* was the prelude to a full sale to 
Enterprise Bank and Trust.


Meanwhile Del Norte (formerly Los Alamos) Credit Union and Zia Credit 
Union and a couple of other trades CUs (Schools, ???) bop along as 
second class players to the big banks (LANB/Enterprise included).   
There are two major bank branches (buildings) evident in Los Alamos, 
though I couldn't name them).   Credit Unions are now offering 
Mortgages, they did not last time I took one out (16 years ago).


- Steve


On 11/17/22 10:46 AM, David Eric Smith wrote:

On Nov 17, 2022, at 12:23 PM, Roger Critchlow  wrote:


The old Los Alamos National Bank, LANB, was founded by a LANL 
scientist as an antidote to big-bank homogenization.  There are still 
hints of that origin in 
https://www.linkedin.com/company/los-alamos-national-bank/, but LANB 
sold itself out to a big bank several years ago.


Yeah, btw, that really sucked.

I got to know LANB when I had first moved to Los Alamos, was getting 
around only on foot, and was there sitting on their curb on a morning 
before work waiting for them to open.


Some guy in a suit came by and asked if he could help me, and I said 
something snotty and completely uncalled-for about bankers working 
bankers hours.  So he let me in and started the opening of an account 
for me.  That was Bill Enloe.


A few years later I needed a mortgage loan for a house, had just lost 
something like 100k in two days on a Pharma that didn’t get a good 
outcome on a clinical trial, which I had wanted to have for 
collateral, and could not sell a house in Austin that I was in because 
I had a renter who had just lost his job in the market downturn, and I 
wasn’t willing to throw him out, even as the house lost about 1k in 
market value per week as the whole market there was falling apart too. 
 Then got Salmonella or something from an egg sandwich in the ABQ 
airport flying back from somewhere (Austin?) to make the loan.  People 
who knew me said they had never seen anyone as white as I apparently 
was for several days after the first 24 hours of violent illness.  I 
went to the loan officer’s office, and after about a minute sitting 
there talking to her, asked if I could lie on my back on her floor 
while we spoke so I wouldn’t pass out.  Finished the loan negotiations 
in that form.  When my realtor asked to look through the various 
papers as part of negotiating the closure, he commented “man, you got 
a really good loan”.  I will protect the loan officer's name for her 
own privacy, but remember it instantly in any context.


In the decades after that, I spent increasing time with George Cowan 
at work and sometimes off-line, and got to learn a little more about 
the history of that effort, along with some of his others.  What an 
extraordinary guy he was, and it showed in the things he built.  He 
richly deserved the Baldridge award, and much more.


The bank that acquired them does not have that kind of history, I think.

Those kinds of proud relations have always been rare, and they seem to 
be damned near extinct any more.


Eric




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[FRIAM] Fwd: (not) leaving Twitter

[Steve Smith]

Of course I did... doh!



 Forwarded Message 
Subject:Re: [FRIAM] (not) leaving Twitter
Date:   Thu, 17 Nov 2022 09:22:48 -0800
From:   glen 
To: Steve Smith 



I think you intended to send this to the list?

On 11/17/22 09:13, Steve Smith wrote:


On 11/17/22 9:32 AM, glen wrote:
IDK, man. I feel like this is the same homogenizing force as Spotify, 
or influencers on Instagram, driving us all into the same gravity 
well. What I'd *like* ... what I've looked for and failed to find, 
are ways to invest "locally", to bet on strangers' enterprises, sure, 
but strangers that satisfy a locality predicate, local in space 
mostly, but perhaps local in ethos (like B corps or co-ops), or 
domain (not the useless "tech" or "life sciences" but something more 
refined).


Does your play with etoro suggest that's possible there?


I do envy your succinctness...   if I read this first I could probably 
have avoided the long-circuitious virtue-maunder in my last post.


Anyone else read(ing) Harari's _Sapiens_?   His description of how 
Homo Sapiens has gone from millions of Dunbar-sized tribes to one 
giant global "community" was fascinating...   The roughly 5 or 6 
universes of 500 years ago even (Eurasia, Subsaharan Africa, 
Australia, Pacifica, MesoAmerica) which collapsed with the European 
Explo(it)ration eruption.


The inevitable pulse of differentiation/re-integration seems to be 
(one of the?) pump(s) of complex adaptive systems (evolution in all 
domains)?




--
ꙮ Mɥǝu ǝlǝdɥɐuʇs ɟᴉƃɥʇ' ʇɥǝ ƃɹɐss snɟɟǝɹs˙ ꙮ
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Re: [FRIAM] (not) leaving Twitter

[David Eric Smith]

On Nov 17, 2022, at 12:23 PM, Roger Critchlow  wrote:
> 
> The old Los Alamos National Bank, LANB, was founded by a LANL scientist as an 
> antidote to big-bank homogenization.  There are still hints of that origin in 
> https://www.linkedin.com/company/los-alamos-national-bank/ 
> , but LANB sold 
> itself out to a big bank several years ago.

Yeah, btw, that really sucked.

I got to know LANB when I had first moved to Los Alamos, was getting around 
only on foot, and was there sitting on their curb on a morning before work 
waiting for them to open.

Some guy in a suit came by and asked if he could help me, and I said something 
snotty and completely uncalled-for about bankers working bankers hours.  So he 
let me in and started the opening of an account for me.  That was Bill Enloe.

A few years later I needed a mortgage loan for a house, had just lost something 
like 100k in two days on a Pharma that didn’t get a good outcome on a clinical 
trial, which I had wanted to have for collateral, and could not sell a house in 
Austin that I was in because I had a renter who had just lost his job in the 
market downturn, and I wasn’t willing to throw him out, even as the house lost 
about 1k in market value per week as the whole market there was falling apart 
too.  Then got Salmonella or something from an egg sandwich in the ABQ airport 
flying back from somewhere (Austin?) to make the loan.  People who knew me said 
they had never seen anyone as white as I apparently was for several days after 
the first 24 hours of violent illness.  I went to the loan officer’s office, 
and after about a minute sitting there talking to her, asked if I could lie on 
my back on her floor while we spoke so I wouldn’t pass out.  Finished the loan 
negotiations in that form.  When my realtor asked to look through the various 
papers as part of negotiating the closure, he commented “man, you got a really 
good loan”.  I will protect the loan officer's name for her own privacy, but 
remember it instantly in any context.

In the decades after that, I spent increasing time with George Cowan at work 
and sometimes off-line, and got to learn a little more about the history of 
that effort, along with some of his others.  What an extraordinary guy he was, 
and it showed in the things he built.  He richly deserved the Baldridge award, 
and much more.

The bank that acquired them does not have that kind of history, I think.

Those kinds of proud relations have always been rare, and they seem to be 
damned near extinct any more.

Eric



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FRIAM Applied Complexity Group listserv
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https://bit.ly/virtualfriam
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  1/2003 thru 6/2021  http://friam.383.s1.nabble.com/

Re: [FRIAM] (not) leaving Twitter

[Roger Critchlow]

My play with etoro.com is extremely limited.  Pentland talks about
interventions to nudge investors out of bubbles, where people get all into
chasing a single investment theory.  He also talks about hedge funds where
every investment is permanently on 90 day probation.  But that's all
happening at the tops of the markets, and the tops of the markets are all
entranced by the rewards of being the biggest bullies in their respective
siloes and becoming bigger siloes.

The old Los Alamos National Bank, LANB, was founded by a LANL scientist as
an antidote to big-bank homogenization.  There are still hints of that
origin in https://www.linkedin.com/company/los-alamos-national-bank/, but
LANB sold itself out to a big bank several years ago.

But are spotify and instagram internationally homogenous?  I get the
impression that they're caught in the western world bubble, which only
pretends to be the whole world.  We sort of have a world culture that is
purely technical: electricity, heat engines, cell phones, internet
protocol, unicode, cellphone localization clusters in space-time, et c..
But at the linguistic boundaries, everything else is up for grabs, and the
news coming back across the linguistic boundaries is treated as exotica.

-- rec --

On Thu, Nov 17, 2022 at 11:32 AM glen  wrote:

> IDK, man. I feel like this is the same homogenizing force as Spotify, or
> influencers on Instagram, driving us all into the same gravity well. What
> I'd *like* ... what I've looked for and failed to find, are ways to invest
> "locally", to bet on strangers' enterprises, sure, but strangers that
> satisfy a locality predicate, local in space mostly, but perhaps local in
> ethos (like B corps or co-ops), or domain (not the useless "tech" or "life
> sciences" but something more refined).
>
> Does your play with etoro suggest that's possible there?
>
> On 11/17/22 08:16, Roger Critchlow wrote:
> > Tsk, so many bad investments, so little time!
> >
> > Binging Sandy Pentland led me to etoro.com , where
> everybody can see how everybody's portfolios are doing.  The front page
> gives the top crypto traders on the site, who are all around -70% for the
> past year.  But scroll down and you find out that they range from +27%
> to +197% for the past two years.
> >
> > -- rec --
> >
> > On Wed, Nov 16, 2022 at 12:02 PM Marcus Daniels  > wrote:
> >
> > Having investments go bad makes me feel prosperous, like going to
> the dentist.I probably shouldn't have investments.
> >
> > -Original Message-
> > From: Friam  friam-boun...@redfish.com>> On Behalf Of glen
> > Sent: Wednesday, November 16, 2022 8:57 AM
> > To: friam@redfish.com 
> > Subject: Re: [FRIAM] (not) leaving Twitter
> >
> > I know, right. My Ada's down from $200 to $100! I'm not quite sure
> how I'm gonna pay the rent. /s
> >
> > I saw some post on Mastodon that I can't find now. The person was
> lamenting FTX and how they knew 2 people personally, one who lost $90k and
> another who lost something like $10k. And he closed with "neither of which
> could afford it." Maybe I'm cruel. But my first thought was, why in hell
> did you have $90k in crypto if you couldn't afford to lose it? I mean, I
> know there's a sucker born every minute ... but $90k? I could live for at
> least a couple of years on that. To even have 90k to invest *at all*,
> anywhere, implies something.
> >
> > On 11/16/22 08:44, Marcus Daniels wrote:
> >  > Lol, well I guess I bought the right Proof of Stake crypto.  (Not
> really, I got demolished too!)
> >  >
> >  > -Original Message-
> >  > From: Friam  friam-boun...@redfish.com>> On Behalf Of glen
> >  > Sent: Wednesday, November 16, 2022 8:39 AM
> >  > To: friam@redfish.com 
> >  > Subject: Re: [FRIAM] (not) leaving Twitter
> >  >
> >  > More Billionaire news [sigh]:
> >  >
> >  > What happened at Alameda Research
> >  > https://milkyeggs.com/?p=175 
> >  >
> >  > On 10/31/22 10:28, Steve Smith wrote:
> >  >> Great quote from CDs screed:
> >  >>
> >  >>  "Every billionaire is a policy failure, but every
> billionaire is also a factory for producing policy failures at scale."
>
>
> --
> ꙮ Mɥǝu ǝlǝdɥɐuʇs ɟᴉƃɥʇ' ʇɥǝ ƃɹɐss snɟɟǝɹs˙ ꙮ
>
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Frida

Re: [FRIAM] (not) leaving Twitter

[Steve Smith]

On 11/17/22 9:16 AM, Roger Critchlow wrote:

Tsk, so many bad investments, so little time!

Binging Sandy Pentland led me to etoro.com , where 
everybody can see how everybody's portfolios are doing. The front page 
gives the top crypto traders on the site, who are all around -70% for 
the past year.  But scroll down and you find out that they range 
from +27% to +197% for the past two years.


-- rec --

On Wed, Nov 16, 2022 at 12:02 PM Marcus Daniels  
wrote:


Having investments go bad makes me feel prosperous, like going to
the dentist.    I probably shouldn't have investments.

Thus my question a while back about leads/ideas around 
microlending/local-investment opportunities.


I would take up composting as Glen suggested, but the worms in my 
worm-bin would consider that a waste of perfectly good nutrition for 
themselves.   It turns out they *really* seem to prefer that I make 
vegetable stock from my scraps before I dump the (now cooked) bulk of 
those scraps into their world.  The resulting stock cuts down my 
aluminized-mylar-cardboard landfill-waste by a box or two a week.  They 
do like shredded currency as bedding material, but no more obviously 
than shredded newspaper, junk mail and printer paper.  I don't know how 
they feel about the holographic strips in >$50 notes, I don't "invest" 
anything larger than $5bills with them.   With enough roughage via 
kitchen-waste, they don't seem to need any added carbon anyway.




   It is hard to think about Publicly Traded Securities as *investment*
   in anything (other than the greater glory/wealth of Billionaires?),
   much less Crypto which has no obvious mode other than *pure
   speculation* and utility even less than something as near-useless as
   gold (at least Platinum and Palladium have very acute utility in
   high-tech processes though that may be a liability?).

   If I have liquid assets I can afford to lose, why not *lose* them
   helping someone in my community try to do something requiring
   Capital which I think would actually improve the community?   I say
   *community* loosely...  it needn't be geographic, merely within a
   few degrees of separation wherein I have a chance of understanding
   the implications and consequences of my "investment".

   Money === Mouth?  Naturally, if I don't *know about* these
   opportunities, that is a hint in itself... I'm probably not paying
   attention closely enough, or there is a reason the "opportunities"
   seem to be otherwise?   If they tear down a 150 year old tiendita in
   the Pojoaque Valley (that has not operated for 50 of those) and
   build yet another Dollar $tore then it is probably for more "good
   reason" than the 5th generation family owning the tiendita property
   not having the capital to renovate and (re)stock with the items
   people need/want today.

   I "invested" a small amount in Mary's Nephew's Ukranian Refugee
   Charge last year, understanding it was a gift, not a loan.  She is
   finally able to travel freely to the US from Poland where she
   established herself in a refugee community/network and for the
   moment has decided she is better off there.  Her Grandmother who
   stayed in Ukraine died recently (natural not Russian causes) and
   this only reinforced her feeling of wanting to return to Ukraine
   when things settle more.   While I am not against US funding for the
   Ukraine's national defense, I am even more *for* supporting the
   likes of Vlada in navigating her personal journey through this
   time.   I suppose I could have put that cash into Crypto (or Tesla)
   and now be crying in my (spilled and souring) milk.

   Maybe I should "invest" in a replacement gold crown so that I don't
   have to chew funny on the right side?  Maybe I can find a dentist
   with a get-one-give-one program?  I am sure there are people in my
   community who could use more than one lump of gold fitted over a
   tooth nub?  Gold isn't useless really... I just said that for effect
   to tickle any GoldBugs in my vicinity.

   Maybe instead save up for a heart transplant when this one wears out
   (if it's good enough for Dick Cheney, it's good enough for me)?  Or
   invest a nickel into cloning or GMO pig organ transplant tech?   Or 
   a bigger flat-screen TV... I hear Black Friday deals are already queued!






-Original Message-
From: Friam  On Behalf Of glen
Sent: Wednesday, November 16, 2022 8:57 AM
To: friam@redfish.com
Subject: Re: [FRIAM] (not) leaving Twitter

I know, right. My Ada's down from $200 to $100! I'm not quite sure
how I'm gonna pay the rent. /s

I saw some post on Mastodon that I can't find now. The person was
lamenting FTX and how they knew 2 people personally, one who lost
$90k and another who lost something like $10k. And he closed with
"neither of which could afford it." Maybe I'm cruel. But my first
thought was, why in hell did you have $90k in crypto if y

Re: [FRIAM] (not) leaving Twitter

[glen]

IDK, man. I feel like this is the same homogenizing force as Spotify, or influencers on Instagram, driving us 
all into the same gravity well. What I'd *like* ... what I've looked for and failed to find, are ways to 
invest "locally", to bet on strangers' enterprises, sure, but strangers that satisfy a locality 
predicate, local in space mostly, but perhaps local in ethos (like B corps or co-ops), or domain (not the 
useless "tech" or "life sciences" but something more refined).

Does your play with etoro suggest that's possible there?

On 11/17/22 08:16, Roger Critchlow wrote:

Tsk, so many bad investments, so little time!

Binging Sandy Pentland led me to etoro.com , where everybody 
can see how everybody's portfolios are doing.  The front page gives the top crypto 
traders on the site, who are all around -70% for the past year.  But scroll down and 
you find out that they range from +27% to +197% for the past two years.

-- rec --

On Wed, Nov 16, 2022 at 12:02 PM Marcus Daniels mailto:mar...@snoutfarm.com>> wrote:

Having investments go bad makes me feel prosperous, like going to the 
dentist.    I probably shouldn't have investments.

-Original Message-
From: Friam mailto:friam-boun...@redfish.com>> 
On Behalf Of glen
Sent: Wednesday, November 16, 2022 8:57 AM
To: friam@redfish.com 
Subject: Re: [FRIAM] (not) leaving Twitter

I know, right. My Ada's down from $200 to $100! I'm not quite sure how I'm 
gonna pay the rent. /s

I saw some post on Mastodon that I can't find now. The person was lamenting FTX and 
how they knew 2 people personally, one who lost $90k and another who lost something like 
$10k. And he closed with "neither of which could afford it." Maybe I'm cruel. 
But my first thought was, why in hell did you have $90k in crypto if you couldn't afford 
to lose it? I mean, I know there's a sucker born every minute ... but $90k? I could live 
for at least a couple of years on that. To even have 90k to invest *at all*, anywhere, 
implies something.

On 11/16/22 08:44, Marcus Daniels wrote:
 > Lol, well I guess I bought the right Proof of Stake crypto.  (Not 
really, I got demolished too!)
 >
 > -Original Message-
 > From: Friam mailto:friam-boun...@redfish.com>> On Behalf Of glen
 > Sent: Wednesday, November 16, 2022 8:39 AM
 > To: friam@redfish.com 
 > Subject: Re: [FRIAM] (not) leaving Twitter
 >
 > More Billionaire news [sigh]:
 >
 > What happened at Alameda Research
 > https://milkyeggs.com/?p=175 
 >
 > On 10/31/22 10:28, Steve Smith wrote:
 >> Great quote from CDs screed:
 >>
 >>      "Every billionaire is a policy failure, but every billionaire is also a 
factory for producing policy failures at scale."



--
ꙮ Mɥǝu ǝlǝdɥɐuʇs ɟᴉƃɥʇ' ʇɥǝ ƃɹɐss snɟɟǝɹs˙ ꙮ

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Re: [FRIAM] (not) leaving Twitter

[Roger Critchlow]

Tsk, so many bad investments, so little time!

Binging Sandy Pentland led me to etoro.com, where everybody can see how
everybody's portfolios are doing.  The front page gives the top crypto
traders on the site, who are all around -70% for the past year.  But scroll
down and you find out that they range from +27% to +197% for the past two
years.

-- rec --

On Wed, Nov 16, 2022 at 12:02 PM Marcus Daniels 
wrote:

> Having investments go bad makes me feel prosperous, like going to the
> dentist.I probably shouldn't have investments.
>
> -Original Message-
> From: Friam  On Behalf Of glen
> Sent: Wednesday, November 16, 2022 8:57 AM
> To: friam@redfish.com
> Subject: Re: [FRIAM] (not) leaving Twitter
>
> I know, right. My Ada's down from $200 to $100! I'm not quite sure how I'm
> gonna pay the rent. /s
>
> I saw some post on Mastodon that I can't find now. The person was
> lamenting FTX and how they knew 2 people personally, one who lost $90k and
> another who lost something like $10k. And he closed with "neither of which
> could afford it." Maybe I'm cruel. But my first thought was, why in hell
> did you have $90k in crypto if you couldn't afford to lose it? I mean, I
> know there's a sucker born every minute ... but $90k? I could live for at
> least a couple of years on that. To even have 90k to invest *at all*,
> anywhere, implies something.
>
> On 11/16/22 08:44, Marcus Daniels wrote:
> > Lol, well I guess I bought the right Proof of Stake crypto.  (Not
> really, I got demolished too!)
> >
> > -Original Message-
> > From: Friam  On Behalf Of glen
> > Sent: Wednesday, November 16, 2022 8:39 AM
> > To: friam@redfish.com
> > Subject: Re: [FRIAM] (not) leaving Twitter
> >
> > More Billionaire news [sigh]:
> >
> > What happened at Alameda Research
> > https://milkyeggs.com/?p=175
> >
> > On 10/31/22 10:28, Steve Smith wrote:
> >> Great quote from CDs screed:
> >>
> >>  "Every billionaire is a policy failure, but every billionaire is
> also a factory for producing policy failures at scale."
> >
>
> --
> ꙮ Mɥǝu ǝlǝdɥɐuʇs ɟᴉƃɥʇ' ʇɥǝ ƃɹɐss snɟɟǝɹs˙ ꙮ
>
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