Do the Right Thing

July 31, 2022July 31, 2022 ~ archercrosley

Try to be a good leader when you are in charge.

Certainly don’t be our current leaders.

Our current leaders are afraid of admitting a weakness.

A good leader must never be afraid of weaknesses.

Admitting your weakness is a strength.

A good example of leadership is John Kennedy.

During one press conference he was asked why the United States was behind the Soviets in the space race.

He didn’t run away from the issue and try to pretend that we weren’t behind.

He didn’t do what Joe Biden is doing now and try to deny that we are in a recession when we so obviously are.

No, John Kennedy admitted that we were behind, stated that it was frustrating, and vowed that we were going to work on the problem.

That’s what you want out of a leader.

You want a leader who is not afraid to admit that things aren’t going well.

Why?

Why do we want a leader who is not afraid to admit the truth when things aren’t going well?

Because admitting the truth spurs people to help you.

That’s what you want.

If you put up a false front and say, “Nope, there are no problems here,” then a lot of people will think that is so.

On the other hand, if you admit that you are deficient in a particular area, and that you need help, that spurs people to want to help you.

You want to energize people who may have the ability to help you.

Putting on a false front doesn’t help you, it hurts you.

Never be afraid to admit that you don’t know something, or that you’re behind in a particular area.

Always admit the truth.

The truth is always your friend.

Unfortunately, there are too many leaders who are into the perception game in life.

They try to put up a false front about their own success.

This is always a grave mistake.

Do what is right, not necessarily what makes you look good.

Sincerely,

Archer Crosley

Versailles Must Be Destroyed

July 29, 2022July 28, 2022 ~ archercrosley

For the people of France to enjoy any sense of prosperity, the Palace at Versailles must be destroyed.

All of it.

Indeed, for Americans and people around the world to enjoy any sense of prosperity Versailles must be destroyed.

Versailles, of course, was built by the Sun Pig, Louis XIV.

The Sun Pig was a thug who cared not one wit about the people he called his subjects.

Many workers died for the Sun Pig’s arrogant dream.

Thousands.

One mother, who lost her son while working at Versailles, dared to denounce the king for what he was – a thug more focused on his own glory than the needs of the people.

The Sun Pig had her whipped.

You applaud this woman’s flagellation when you visit Versailles and admire the wealthy and splendor in the Hall of Mirrors.

In reality, when you visit Versailles you are whipping yourself.

The curation of this stolen wealth, this so-called heritage, is essential to the power of the modern state.

It is the fuel behind its tyranny.

Enormous effort and money has been expended to purchase and bottle up this wealth.

The wealth is your heritage that has been stolen from you.

This is true of Versailles; it is true elsewhere.

Who was the Sun Pig?

He was a thug with an army who ruthlessly robbed and pillaged his way to his position.

How many hundreds of thousands did he kill for his own glory?

Along the way he confiscated the wealth of peasants and bottled it up for himself.

The same can be said of our leaders here in the United States. In Cambridge, Massachusetts, the Harvard Pigs have performed the same task here in America. They steal your money and purchase items like the Gutenberg Bible which they sequester away for themselves in the Widener Library. At Yale, the Yale Pigs bottle up the wealth of the world and place it in the Beinecke library.

It’s not for you; it’s for the elites.

It exists to justify and sustain their power.

This bottling up of wealth not only exists for books but for photographs as well. The Ivy League pigs are busy buying up picture archives of your history that was made by you, that belongs to you. Of course, they will permit you to license a photo for a steep price. This immoral accumulation of perpetual ownership is codified and cemented into law by corrupt Ivy League poli-pigs and judicia-hogs.

It’s not alway easy to see why this accumulation and control of past wealth aids the elites in justifying their rule.

I mean, who cares who owns a bunch of old books, right?

Well, it’s as important as a leader owning and wearing a crown.

Controlling the legacy of the nation is important.

It’s akin to being tapped on the shoulder by the previous leader.

Every conquering civilization has gone to great lengths to acquire the symbols, Gods and traditions of the rulers preceding them.

Because you place value in this wealth, rulers do.

They control your mind with art, music, your God, your traditions.

At the Louvre in Paris sits the Mona Lisa. Millions of people line up each year to view it. Why? They line up because they have been programmed to believe that the Mona Lisa is the finest painting ever painted.

Oh, really? And why is that? Who decided that? It was decided by the curators and art historians who are controlled by the elites.

People have also been programmed to believe Leonardo da Vinci is a genius. Perhaps people believe that viewing a genius makes them a genius. But who decided that Leonardo was the ultimate genius? Why, it was the professors and art historians who owe their patronage to the elites.

Therefore, if I control the art that controls your mind, I control you.

Now, this wouldn’t be so bad if our leaders were good people, but they’re not.

Countless examples can be given to demonstrate that our leaders couldn’t care less about us. Yet, we cannot overthrow them. Why is that? Why can’t we overthrow leaders who fail to serve us?

My gosh, we can’t even get out of the box to start a revolution. So what is the problem here?

The problem is that our leaders, who own our legacy and our heritage, have taken the mantel from Leonardo da Vinci’s shoulders and placed it upon theirs.

“You see,” they proclaim, “we are the successors to Leonardo da Vinci. We are the geniuses in society.”

And the people buy it – lock, stock, and barrel.

Thus Versailles and the need of the elites to preserve it.

Versailles exists to keep you in a state of perpetual servitude.

Thus the need to destroy it.

Now some of you will say that, no, we must keep Versailles, that it is too beautiful, that is a reminder of our heritage, or that we must remind ourselves never to engage in building something so frivolous again.

Perhaps you think it is an appendix of sorts, something we need to keep around, for old times sake, to remind us of where we came from.

Well, it’s an awfully big appendix, and the appendix has a way of getting infected and threatening the life of the body.

I will argue that the downside of Versailles outweighs any beauty it might possess.

Versaille is not dead. It is still very much used by the power establishment to assert its control over the people.

Versailles wasn’t just built by Louis as a beautiful place to display art. No, Versailles was employed to control and indoctrinate the nobles who were a threat to Louis.

These days is used to indoctrinate you.

Hours upon hours of a noble’s time were wasted on learning and obeying the rules of ettiquette. The purpose of Versailles was to glorify Louis. Mundane events such as his rising in the morning, or his eating of daily meals were theatrical events that nobles were compelled to watch.

Today the government of France and the governments of the European Union use Versailles as a showcase of power to make important treaties.

Because you have been indoctrinated into that scheme of power through your visitation of Versailles, through your education about Versailles, you implicitly and subconsciously accede to the power of Versailles.

You have heard of the Treaty of Versailles which was a colossal disaster. You may not have heard of the Treaty of Amsterdam which will prove to be an equally colossal disaster.

Both these treaties were signed at Versailles.

A rotten seed cannot produce good fruit, and the seed of Versailles is rotten.

Versailles itself is rotten.

The palatial estate screams out arrogance and conceit.

Versailles is not just a pretty venue for photo opportunities.

It’s criminality, arrogance, paternalism, obliviousness, and cruelty seep out from the gleaming mirrors to invade and corrupt the human souls that reside there, and do business there.

In that respect Versailles is a malignancy lying in wait for the next King Louis to arise.

For true human liberty and prosperity to be achieved, Versailles must be destroyed.

The Bond Market

July 27, 2022July 24, 2022 ~ archercrosley

It took me a lifetime, but I think I figured out the bond market.

I’m going to use the term bond as a generic term to describe all bonds whether they are long term or short term. Obviously short term bonds would be two year treasures. Long-term bonds would be ten year and thirty year treasuries.

I want you to think of the bond market as a bank, a safe place to put your money when you’re scared or when things aren’t working out correctly.

Or you can think of the bond market as the person you should’ve married but didn’t. You didn’t marry the bond market because you didn’t find her attractive. Instead, you went for the super-attractive gold-digging bitch.

And you got burned.

Maybe this has happened to you several times.

It happens because nobody gets an erection over the bond market.

The bond market is where you put your money when you’re on the ropes, or when you’re afraid.

That’s what the bond market is: a giant bank of money that lies in wait for when the bull market in stocks comes around again.

For the most part, the bond market is a pretty boring place. There’s not much action there.

What really moves the bond market is when the stock market is plunging and people are running in fear.

When that happens, investors pour their money into long-term treasuries as opposed to short-term treasuries. That is principally because, before the bear market begins, long-term treasuries pay better than short term treasuries.

When the bear market begins to arrive, when the specter of recession looms, when the Fed is raising interest rates, irrational fear sets in and investors flood out of the stock market.

As that happens, and as money flows into the bond market, there is greater demand for bonds. This raises the price for bonds and correspondingly lowers the yield of those bonds.

That’s okay because investors will happily accept a 1 to 2% return in the bond market rather than a major loss in the stock market.

While money is flowing in from the stock market, investors are also flooding out of short-term bonds into long-term bonds. They are doing so because long-term bonds in a pre-bear market still have a higher yield.

This has the effect, through greater demand, of raising the price of long term bonds and lowering the price of short term bonds.

This has a corresponding effect of lowering the yield of long-term bonds and raising the yield of short term bonds.

At some point the short-term bonds will give a greater yield then the long-term bonds.

This is called bond yield inversion.

Supposedly it signals a looming recession.

I will go you one further. The bond yield inversion is not a predictor, but a consequence of fear, inflation, recession, and all bad things that can happen.

In other words, the bond yield inversion is occurring because of fear.

The bond yield inversion is a barometer of fear.

This does not necessarily mean that things are going to get worse, but that things are likely to get worse.

Historically a bond yield inversion has portended a recession.

The point I want to make is that it’s not bond yield inversion that is causing the problem, but fear.

If the Fed recognizes fear as the root cause and acts accordingly, then a recession can be forestalled.

You forestall a recession by raising interest rates.

When the Fed raises interest rates, it tightens money, stems inflation, fleshes out the Ponzi schemers, and forces borrowers to think twice and cut once.

When the Fed raises interest rates, investors turn away from the cowboy atmosphere that is the stock market and move their money into safe investments.

These moves by the Fed, promote growth in the bond market and restore faith in the economy.

As I said before, think of the bond market as a big bank of safety, not glamorous, but secure.

Now, what happens if the Fed doesn’t raise interest rates?

If the Fed becomes scared and views rising interest rates as an enemy instead of the healing salve that it is, then the economy will only grow worse.

Fear will entrench itself, inflation will grow, consumer confidence will drop, purchasing will decrease, and even more money will flow out of the stock market. Stock market prices will drop precipitously thus causing panic.

Complete faith will be lost in the stock market. Fortunes and portfolios will be rubbed out overnight. It will become almost impossible for companies to raise funds through stock securities.

Very quickly the economy will grind to a snail’s pace.

A full-blown depression will ensue.

Of course, this is usually the consequence of years of profligate spending.

These are the wages of sin.

Sincerely,

Archer Crosley

Sex, Drugs and Hollywood Celebrities

July 26, 2022September 18, 2022 ~ archercrosley

A recent discussion on Quora centered around Jack Nicholson and his wild parties on Mulholland Drive when he was a younger man.

Apparently at these parties there was sex and drugs to be found in every room of the house.

I remarked that Jack Nicholson and others in Hollywood were the straw that broke the camel’s back for many young people who were living on the edge.

I argued that he was a poor role model that helped transform America into the sex and drug crazed culture that it is.

How many of these people would have led productive lives instead of becoming drug addicts, I wondered.

Furthermore, I added, since it was at Jack Nicholson‘s house that Roman Polanski engaged in illegal activity with a minor, perhaps Jack Nicholson should’ve been charged as an accessory before the fact for creating an “anything goes” environment that might have contributed to such an act.

Another individual on Quora remarked that he was glad that Jack Nicholson was able to lead the life that he could, that it wasn’t Jack Nicholson‘s responsibility to be a role model for anyone.

I disagree.

It doesn’t matter whether Jack Nicholson wanted to be a role model or not; when you aspire to be a movie star, and then do become a movie star, you accept that responsibility as a role model whether you like it or not.

That’s part of the job.

You enjoy even greater responsibility in a day and age where our media has become more centralized and under the control of relatively few individuals.

And that is precisely what happened as our nation evolved in the past century.

The elites consolidated their death grip upon the media, and they set out with a vengeance to destroy the moral base of the people of the United States of America.

Morality, you see, which owes obedience to a higher power such as God, is an obstacle to the imposition of ethics, a quasi-legal code, whose rules the elites will decide.

Thus the drive to eliminate the moral base of the nation.

This was accomplished though celebrity influencers.

The sexual revolution that occurred in the 1960s and subsequent decades in America was not an accident.

It was not homegrown.

It did not begin with the people and grow upwards.

It was the powers that be who control the Hollywood celebrities who engineered the sexual revolution.

The 1950s were very tame in America. That was to change in the 1960s.

This is when shows first began to express sexual innuendo. There was hardly an episode of Johnny Carson‘s Tonight Show that did not contain such titillating fare.

Johnny Carson was instrumental in mainstreaming people like Hugh Hefner. Recently in the past year, Hugh Hefner was reported by one of his lovers to have had sex with dogs – real dogs.

Big surprise.

Prior to the 1960s, sex was a verboten subject on television and in movies. You couldn’t even hint that a husband and wife shared one bed. The couple had to sleep in separate beds.

The 1960s ushered in an “anything goes” type of programming.

It’s not surprising that magazines like Playboy thrived. Playboy was the first. This was soon followed by magazines such as Penthouse and Hustler which were more over the top when it came to nudity and sexuality.

While this might seem to be an enlightened, healthy approach to sex, one could fairly argue that the sexual revolution ushered in a state of permissiveness that hurt many people living on the edge – financially and spiritually speaking.

Some people went too far.

One cartoon that was featured regularly in Hustler magazine was entitled Chester the Molester.

Many people at the time thought it was funny.

I don’t see it that way.

I see it as encouraging bad behavior amongst people living on the fringes. The cartoon gave them license to engage in immoral activity.

Magazines like Hustler helped give rise to the legitimizing of the pornography industry.

Prior to the 1960s, adult bookstores were kept quiet and not spoken about. They were there, but they weren’t there.

As the decades progressed into the next century, pornography became mainstreamed.

Unfortunately, there are many people in the United States who do not come from good families. Many of these families are financially hurting.

Financial stress upon the family produces divorce and separation. This in turn produces a lot of angry children who are looking to channel their anger. These young people are extremely susceptible to bad influences.

Young adolescents are undergoing tremendous psychosexual growth when they experience this familial stress.

If you throw pornography into the mix, that child will be affected by that pornography. That child’s mind will be altered.

You as an adult may form an opinion about pornography; in contrast, pornography forms an opinion within your child.

I will argue that much of the social ills that we have today with pedophilia have their roots in the sexual revolution being imposed upon young troubled adolescents as they were undergoing rapid psychosexual development.

Pornography twists the mind.

Not only does pornography twist the mind, illegal drugs have their effects as well.

I have personally seen how illegal drugs destroyed my step-brother Stevie, who was hurting immensely after his parent’s divorce.

I myself had my sexual development affected by the pornography that I was exposed to as a youth. The father of a friend of mine was a big collector of pornography. My friend and I would sneak in and view his sex magazines. As I grew a little older in my adolescence, another boy brought over what were called smokers – low grade pornographic films. Many of the boys gathered around to watch these.

The people in these smokers were not like the beautiful people you see in pornographic films today; the guys were usually super-hairy and not very attractive.

I remember being somewhat frightened by these movies and images; and looking back on my life now and my ability to not get close to people – I’m an asexual – I feel my sexual development was affected by this pornography.

Like my step-brother, Stevie, I was suffering also. My father died when I was thirteen making my mind ripe for being adversely affected by poor forces of influence.

I didn’t suffer from drugs; my experience was different. As I say, I was an asexual.

The experience is different for many people.

If you examine the lives of many mass murderers, you will often find, if you dig deep into their history, a broken home. I wouldn’t be surprised if many pedophiles came from a broken home. I have read that Jeffrey Dahmer’s parents went through an acrimonious divorce when he was young. Kevin Spacey’s brother states that Kevin was brutally molested by his father when he was young.

A culture of sex and drugs harms those people who come from broken homes.

This is the culture that people like Jack Nicholson, Hugh Hefner, Larry Flint, and Bob Guccioni were aiding and abetting.

The sexual revolution didn’t do any favors for young people who were exposed to it.

Free and open sex may seem like an enlightened idea for mature adults; it is not an enlightened idea for young children and troubled adolescents who are developing.

That is why I posed the question: How many young children living on the edge have had their lives destroyed by sex and drugs when they otherwise would have invested their time and energy into studying, working, and being a productive citizen?

A lot.

Sincerely,

Archer Crosley

The Pagan’s Shame

July 25, 2022July 25, 2022 ~ archercrosley

What is shameful about the United States of America is how far our country has drifted away from Christianity.

I’m talking about our leaders of course.

Everything about them speaks of Rome and paganism.

They clearly worship power and money.

They consider themselves the movers and shakers.

They display contempt for average Americans by not providing basic services for them in the manner that the people desire.

Americans deserve to have a healthcare system that is competitive, decentralized, customized, responsive, affordable, and available to all the citizens.

Our authorities couldn’t care less.

Instead our leaders cater to the wealthy elite who make vast sums of money off war and exploitation.

Our State Department and CIA are geared towards just those activities: war and exploitation.

Christianity does not believe in war. Christianity believes in peace.

Christianity does not believe in exploitation. Christianity believes in enabling others and doing onto others as we would have others doing to us.

Would Jesus believe in false flags?

Would Jesus believe in blowing up one or many of our ships and killing men in the process so as to blame it on the enemy?

Our leaders do.

Operation Northwoods was a idea that was proposed to John Kennedy by Admiral Lyman Leinmitzer back in the early 60s.

In essence, the United States would fake an attack on American citizens in Miami so as to blame it on Cuba. This would then be used as justification for attacking Cuba.

We were lucky that John Kennedy rejected that idea.

His rejection of that idea was just another straw on the camel’s back that led to his assassination.

While John Kennedy may have had qualms about engagement in such activity, Corporate America did not.

False flags are a big part of the modus operandi of our leaders these days. False flags have played a big part in getting Americans to go along with the shenanigans of our ruling class.

Gee, would Jesus believe in such a course of action?

Would Jesus believe in killing 2,000 people at Pearl Harbor in order to justify a larger war?

Perhaps history would have turned out different if FDR and Henry Stimson had been living there.

Would Jesus believe in killing 3,000 people at the World Trade Center in order to justify a mass invasion of the Middle East?

I guess his preaching on that very subject must’ve been buried in the gospels.

I certainly didn’t learn it.

Now, you either believe in Jesus as a philosopher and as a practical leader, or you do not.

Jesus was not only a philosopher, he was an economist, a self-help guru, and a sage for practical every day living.

Why should we walk away from that?

Our leaders currently believe that we have to be tough because the other guys are tough.

Are the other guys the tough guys?

I’m not sure about that. We seem to be the ones all over the world attacking everybody.

But let’s say that it is the case. Let’s say that it is the case where we are under threat from malicious malfeasors who wish to do us harm.

Where does it say that we have to engage in their activities in order to prevent them from hurting us?

Doesn’t evil generally defeat itself?

And have our actions of maliciousness been effective?

Have Americans benefited from the evil behavior of our leaders?

We can count the crises easily.

Savings and Loan scandal. Dot.com bubble. Subprime mortgage crisis. COVID-19 shutdowns. Inflation crisis. Endless wars.

There are many more.

The important point is that everyone of these crises could’ve been prevented with good leadership.

We don’t have good leadership.

A good leader practices Christianity and looks after the citizenry, not himself, first.

Or so they think.

They don’t look after their citizens first because they are enchanted with their reflection in the mirror and their position as a billionaire whose name will be talked about for 10,000 years.

Sincerely,

Archer Crosley

Helping Our Friends

July 23, 2022 ~ archercrosley

What can we do to help our friends in Mexico?

What can we do to stem the drug violence that has ravaged this nation?

One Mexican President, Calderon, tried playing tough.

But he wasn’t tough enough.

Another, AMLO, the current President, is trying to play nice guy.

But he’s not nice enough.

His program of “hugs not bullets” is not working.

The hugs that he gives the people are not enough to dissuade them from entering the drug trade.

So, what can be done?

Given the continued leadership of our greedy, power hungry, unenlightened elite in the United States and Mexico, which does nothing to help the people in Mexico, but rather profits off the drug trade, probably nothing can be done.

These Ivy League educated imbeciles care only about themselves, their reflection in the mirror, and the amount of money in their bank accounts.

So nothing will be done.

But what should be done?

To solve this problem, carrots and sticks are required.

It’s not a matter of choosing one or the other. Both must be employed.

Citizens must be given a true stake in the game to dissuade them from entering the drug trade.

They must also be given a true disincentive from participating in this destructive area of endeavor.

The carrots are obvious. Real jobs with real living wages must be offered.

The sticks are not so readily agreed upon.

The penalty of death must be imposed for those individuals who traffic in narcotics.

Those concerted underminers of society who deal in drugs are waging war against the citizens of Mexico and the United States.

They are destabilizing Mexico.

There is no difference between these drug cartels and a foreign invading force.

The members of these drug cartels may not wear uniforms, but they are as dangerous as enemy soldiers who do.

These drug dealers must be identified and executed on site just as you do in a military campaign.

By dealing drugs, these cartel members forfeit their rights as citizens.

They enjoy no rights.

The towns and cities which give succor and support to the drug dealers are equal game.

There is no other way.

Just as cities in the American South were ravaged by Sherman during the great Civil War, so must these cities and towns receive a similar wrath.

War must always be taken to the people in order to defeat them.

There is no other way.

Sincerely,

Archer Crosley

Play the Long Game

July 17, 2022 ~ archercrosley

Don’t be a day trader.

Don’t try to figure out the stock market.

You can’t figure it out.

The only rule that seems to hold true is that the stock market goes up overtime.

If you try to time out the stock market in the short run on any stock or commodity, you run a greater risk of losing.

Forget about options. That’s pure casino gambling.

Don’t try to base your estimate of the stock market on what happens in the news either.

If interest rates go up, that doesn’t necessarily mean that the stock market will go down.

The market may decide that interest rates didn’t go up as much as they thought they would, which is good news to the market.

You can say the same for earnings.

If a company has bad earnings, you would expect the market to go down for that particular stock, however the market might say well, “We see the earnings as better than we thought they would be. We thought the earnings would be far worse. “

The market plays these games all the time.

For that reason, don’t pay attention to what the news says.

Don’t pay any attention to what the analysts say either.

Do your own research.

Look at the income statement and balance sheet yourself.

You should also be investing in stocks that you personally use.

Today, the New York Times was talking about a company called Albemarle which is a big lithium producer.

You would think that this would be a good buy because the stock is off its high to a good degree.

As I was looking at the stock today, I asked myself: What the hell do I know about lithium?

Do I purchase raw lithium?

Do I know anything about the customer service at Albemarle?

Am I a chemist?

Do I work in the energy sector?

Does raw lithium affect my core business?

The answer to all these questions is no. I’m a pediatrician.

For these reasons I have no context to believe in this company in bad times. I’m a babe in the woods.

For that reason I’m going to jettison Albemarle quicker than you say Joseph Priestly.

Now, Albemarle might be a good investment for Kent Masters, the CEO.

But not me.

I’m going to invest in companies I use, know and have confidence in.

But that doesn’t mean I’m going to bet the ranch. I’ll place a sizable chunk but hold at least 1/2 my allotment back in case the stock goes lower.

And when the stock goes lower, I will buy with confidence.

I still won’t bet everything though.

I’ll bet only the allotment I can afford to lose.

The goal is to play for the long run: decades.

You want to be one of those guys who everybody talks about. You want to be one of those guys who buys a stock in the early days.

The goal is to not sell your stock just because it goes up 75% or 100%.

What you want to do is keep that stock for decades so that it splits once, twice, thrice.

Play for the long run.

Pick stocks that you think will be around for 50 to 75 years.

For that reason you have to keep an eye out for stocks that YOU consider blue chips that you like and that you see other people liking.

These stocks have to have a little sex appeal.

Investors like sexy stocks just like they do sexy people.

I don’t get an erection over Albemarle. I might on Apple Computer.

If I buy and hold 2000 shares at $10 ($20,000)and it travels to 2000 shares at $100 ($200,000) then splits 4:1 back to 8000 shares at $25 ($200,000), I’m not going to sell.

I’m not going to sell because I’m going to be very reluctant to put $200,000 back into the market. I will say to myself: Oh no, that’s too much.

But if I leave it in, I won’t be thinking that I’m investing $200,000 because I only put in $20,000 to begin with.

Do you see the difference?

If I leave that $200,000 in play, when that stock rises another four fold, I’ve got myself $800,000.

At that point, I still won’t take it out. I’ll leave it in and wait for another four fold rise for a cool 3.2 million.

That’s how you are going to get wealthy.

The reason why people don’t do this is because they feel obligated to take the money out when the stock makes a little bit of gain. And they don’t wanna put the money back because they think it’s too much money to put back.

Or they get bored. Or they see somebody making a pile of money somewhere else. So they take it out.

Be one of the smarter ones. Buy and hold, and forget all the sexy day trading that will get you nowhere.

In summary, with daytrading you will never be able to time the market. You will never be able to outfigure the market.

Be a winner, not a chump.

Sincerely,

Archer Crosley

Hope After The Crash

July 14, 2022July 13, 2022 ~ archercrosley

To those of you who have lost money in cryptocurrency, here is my advice to you.

Don’t get depressed.

Don’t turn to drugs.

The world is not going to end.

You are young, and you have plenty of time to recover.

You have a lot of years left in you.

Things are never as bad or as good as they seem to be.

Take a few deep breaths and try to learn from this experience.

Write down on a piece of paper the lessons that you have learned.

If you have lost all your money, or a sizable chunk of that money, you now understand that the media always goes to extremes.

The media always looks on the bright side when the market is going good; the media always looks on the dark side when the market is going bad.

That’s why the vast majority of the people lose their money.

The media is often not your friend.

You always have to employ equanimity when evaluating the markets. You have to temper your greed, and you have to temper your fears.

Secondly, never bet more than you can afford to lose.

As a smaller investor, you don’t have access to all the information that is out there. You have no idea what these CEOs and their lieutenants are doing.

They could be robbing the company blind, and you wouldn’t know it.

And, yes, they do lie.

If you are going to bet the ranch on anything in life, bet the ranch on yourself.

Never bet the ranch on somebody else.

Thirdly, nobody can predict the future.

Nobody.

The best thing you can do is avoid all these technical analysts who claim they can predict the future by looking at graphs from the past.

It can’t be done.

It looks like it can be done because they point to events that have already transpired. Then they direct your attention to patterns that preceded major recessions.

They make it look easy.

If it were that easy, everybody would do it, and everybody would be a billionaire.

But everybody isn’t a billionaire.

A better approach is to think about the vehicle that you are investing in, read as much as you can about it, listen to as much as you can about it, and then think about it some more.

Ask a lot of questions along the way.

It’s also helpful for you to invest in stocks and vehicles that you believe in.

In my life, I made a significant amount of money in Apple Computer and Las Vegas Sands. I made that money because I used those products, and I believed in those products.

Currently I have my money invested in Amazon and Bitcoin.

That’s it. Just those two.

I use Amazon. I like Amazon. I will continue to use Amazon.

Amazon makes my life easier. I don’t have to run out to a store and waste hours looking for something that isn’t there.

It is that belief in the company that will sustain me when the fearmongers move into action.

Now, of course, I am not going to be stupid. I’ve only invested a certain portion of my money with Amazon.

I’m going to hold money back because I don’t know where the markets are going. Maybe the markets are going down.

As it turns out, that’s where I believe the markets are going. I believe that the Fed has not been aggressive in taming inflation and that the stock market will drop another 10 to 20% more off its high.

I want to have some money in reserve so I can buy more Amazon when the market falls.

I believe that Amazon is the Sears Roebuck of this century.

Still, I’m not going to be totally stupid. I’m not going to invest every last dime I have in Amazon, because I have no idea what the future will hold.

Just as Sears Roebuck fell, so will Amazon fall someday. Maybe this will happen tomorrow.

Therefore I will temper my greed and buy less than I would like to buy.

The same goes for Bitcoin.

I believe in Bitcoin. I think Bitcoin is a valuable store of value for me.

When Bitcoin falls, I will buy some more, but I am not going to bet the ranch on Bitcoin.

I’m not going to bet the ranch because I have no idea what the government and the whales will do to it.

One more piece of advice, please.

Don’t put too much faith in these CEOs who show up on television.

They’re there for a reason.

They are there too sell their company, not necessarily to look out for your best interest.

There are many examples of hucksters who look impressive and effective on news shows and commercials.

The benchmark for me is Robert Brennan of First Jersey Securities.

When he was pitching his firm, he would show up in front of a helicopter.

He would ask you to grow with him as he flew over the Grand Coulee Dam.

It was a very effective ad.

He looked like a man of action. His company, First Jersey Securities, looked like it had its shit in gear.

Unfortunately, First Jersey Securities was a pump and dump scheme.

Robert Brennan was convicted of securities fraud and was sentenced to nine years in jail.

First Jersey Securities went bankrupt.

Caveat Emptor.

These are the lessons that have taken me a lifetime to learn.

If I had learned these lessons at the age of 20, I would’ve been a wealthy man by now.

I’m doing OK, but I could’ve done a lot better.

I want you to be a wealthy person when you are my age.

Don’t give up. Don’t kill yourself. Don’t descend into drugs and alcohol.

There is hope.

Sincerely,

Archer Crosley

Stick To What You Know

July 13, 2022 ~ archercrosley

Hey now, young person, I want to give you some advice on your life.

I want to save you a lot of money and a lot of misery.

Whatever you choose to do in this world, stick to one career.

One career is enough.

A man can’t often wear two hats in life. If he tries to wear two hats, he wears no hat at all.

I understand; it’s difficult to stick to one career.

After a while the career becomes somewhat routine. Excitement tends to wear off. You feel the urge to move into something else.

My response: It’s even more difficult to balance two careers, or, worse, to shift careers.

Try to resist the urge to move on to something else.

Try to not be influenced too heavily by stories like Charif Souki that you read about in the New York Times today.

This Lebanese entrepreneur owned the restaurant Mezzaluna in Los Angeles.

This was the restaurant in which Nicole Brown Simpson ate her last meal.

According to the story, the owner, Charif Souki, lost interest in the restaurant business and decided to venture into something else: Liquefied Natural Gas.

The article states that he didn’t know anything about natural gas before going into it.

So he started a company called Chenier which he then grew into a leviathan as far revenues are concerned.

Do you feel the pull? Why can’t I do something like that, you ask yourself.

Try to resist these stories.

Many a people have lost all their money venturing into things of which they know nothing.

Remember that the media generally tends to simplify success. In these stories they don’t always tell you the full story.

Or they bury the truth in a throwaway sentence that you might skim over – such as Mr. Souki being an investment banker prior to being a restaurant owner.

I don’t know the full story of Mr. Charif Souki, but I can guarantee you there’s more to this story of success than we know.

Yes, I suppose it’s possible that Charif Souki is a super talented genius who can master new fields very quickly, but I doubt it.

I suspect that he had skills already in place through a lifetime of learning that made him a natural for that field.

This is why the stories of success in the media are often very dangerous.

These stories incite people into moving into something in which they know nothing, and what often transpires is catastrophe.

If he can do it, I can do it is what people start thinking.

This is encouraged by the media’s promotion of possibility thinking. All things are possible according to famous media personalities.

Don’t limit yourself, they implore.

I’ve got a better idea.

Stick to what you know.

All things are possible, but all things are not possible to people who have not prepared and who know nothing about a particular field.

It takes years to develop contacts and to learn the tricks of the trade that will make you successful in a field of endeavor.

It’s often easier to learn those tricks when you are young. It’s not so easy to learn those tricks when you are older.

You can’t teach an old dog new tricks. There is a lot of truth in that old adage.

One of the keys in life is to figure out what you are good at and what you are not good at, then take those strengths and parlay your existing career into something more expansive.

Switching careers and venturing into something completely different than what you are suited for is not what I would recommend.

Don’t live someone else’s life.

Again, stick to what you know.

I understand your drive to change the world, and to be the center of attention.

Perhaps you are feeling as if you are missing out in life because you are not Elon Musk or Bill Gates.

Stick to your own game; be who you are.

Do what you have been trained to do.

That’s enough.

Sincerely,

Archer Crosley

Rob Strikes Again

July 4, 2022July 3, 2022 ~ archercrosley

As I have stated several times before, Rob Manfred will ruin baseball.

His latest announcement, and I assume venture, will be to institute automated calling of strike and balls by 2024.

That’s right, the judgment of the home plate umpire when it comes to the calling of strikes and balls will be eliminated.

A computer will do that for us. The results will be relayed to the umpire who will then weakly signal strike or ball.

I’m sure there are a lot of people who will be happy with this.

Players reportedly will be happy with this.

Fans reportedly will be happy with this.

Not me. It’s the first step on a slippery slope. Why have umpires at all? Why don’t we automate everything?

Say, does it necessarily follow that you should use technology just because you have it?

Must everything be perfect?

Must everything be improved upon?

Rob Manfred, as a dutiful graduate from Harvard University will once again prosecute Harvard University’s Third Reich ideology of perfection upon society.

Will it work?

Can man be perfected?

Does man desire to be perfected?

Is it a good idea to perfect man?

Time will be the ultimate judge here, but I think not.

In the case of baseball, automating of strikes and balls is another step in removing humanity from the game.

The roadblock here is that we are all fundamentally human.

As such we all naturally gravitate toward imperfection in our lives in order to relax.

That’s why we like quirky singers and quirky actors. They don’t follow the rules.

They are different.

Our human minds become frustrated with too much order, logic and symmetry.

Logic, order, and symmetry place too much demand upon our fragile minds.

Imperfection in life relaxes us just as jazz music relaxes us. Jazz is an imperfect mishmash of notes that take irregularly irregular directions.

A Jackson Pollock painting relaxes us in a similar way. We don’t have to think when we look at a Jackson Pollock painting. That relaxation makes the painting more interesting and valuable to us.

Baseball is another form of entertainment.

We like baseball, at least most of us do, because it puts us at ease.

It’s a chance to get away from the rules of the regular world.

Even though we may not be fully cognizant of such, we go to a baseball game to see the irregularly irregular things that can happen.

We’re not just looking for a victory but also spectacular plays and spectacular screw-ups.

It is those screwups that are often more fun to watch than the spectacular plays.

We love it when the manager races out and screams in the umpire’s face.

We love it when a red-faced Aaron Boone gets ejected.

We die inside when a player lets a ball get through his legs.

We cringe when an outfielder drops a catchable fly ball.

The spectacular screwups additionally give us the opportunity to scream at the players and umpires.

Throw the bum out!

Drop dead, you loser!

Automating the calling of strikes and balls helps remove those spectacular screwups and thus make the game less interesting.

Baseball will become more boring and more predictable.

Say, I have an idea. As long as we are transforming baseball so that the calling of balls and strikes is perfect, why don’t we do the same for players as well?

As long as we were getting tired of umpires making mistakes, why don’t we have a baseball game where baseball players don’t make mistakes.

Why don’t we automate the players as well?

Wouldn’t it be more enjoyable if we had players who never made errors in throwing or catching the ball?

Do you get my drift?

Imagine a baseball world where no third baseman ever overthrew the first baseman’s head.

Imagine a baseball world where no pitcher ever threw a wild pitch.

And as long as we are automating perfection in players, through either CGI, or soon to be coming cyborgs, why don’t we have the pitchers throw 102 mph fastballs on every single pitch?

Why should we stop with the umpire?

Indeed, we shouldn’t even begin.

So then why do it?

What does Major League Baseball get out of automating balls and strikes?

I can assure you that nothing happens in this society anymore unless it profits Harvard University and the greedy elite who run things around here.

What Harvard University gains is an endgame far more subtle: The submission of humanity to algorithms and silicon-based computers.

This in turn leads to your submission to Harvard University as it is Harvard University and their lackeys who control the algorithms and software that control the automated calling of strikes and balls.

Beating you down from a million directions is key to continuing their economic oppression upon you.

That’s what Harvard gets out of it: More money and more power for the greedy elite.

Automating of balls and strikes also gives Harvard the opportunity to indoctrinate you into a world of mandatory perfection and the submission to it. Forget about what a human being might think; our algorithm is supreme; our algorithm is infallible.

Such submission helps engender a further sense of helplessness you have about your life.

You become adjusted to the idea of not being in control of your life, of accepting things the way they are, of not fighting back.

That not fighting back, that lack of resistance, will in turn weaken you and transform you into a helpless serf for a thousand years and more.

Automating balls and strikes is just one brick in a greater plan to defeat you.

You may not think of it that way. You may think automating the calling of balls and strikes is just a way to improve a baseball game.

That’s precisely what Harvard wants you to think.

Harvard runs the Third Reich that was transported from Nazi Germany into America after WWII. The Third Reich under Josef Goebbels had firm control of sports and entertainment. If they instituted a policy, it was to cement the power of the state and the Nazi party.

Harvard is no different.

These people have a reason for everything.

They’re incredibly smart, but incredibly immoral.

They’re pagans.

Bye, bye, baseball.

Bye, bye, America.

Sincerely,

Archer Crosley