John Brown, the architect of the Raid on Harper’s Ferry, is one person historians blame for America’s Civil War.
Brown was also one of the weirdest men in American history. That is saying a lot in a nation famous for producing weirdos and whackjobs.
Today we remember John Brown for leading an abolitionist raid on the federal armory at Harper’s Ferry, Virginia, (now West Virginia). Brown’s life and actions, however, were incredibly strange.
1. He moved East when most Americans were moving West in the 19th Century. Brown grew up in Hudson, Ohio, but moved east to Richmond, Pennsylvania, then…
Sadly, often evade justice even in their deaths. For instance, three of the four greatest tyrants of the 20th Century died at home in bed of natural causes.
The greatest tyrants of the 20th Century were Vladimir I. Lenin, Joseph Stalin, Adolph Hitler, and Mao Zeodong. They punished none of those men for their many crimes. Lenin, Stalin, and Mao all died in office, peacefully. On the other hand, Hitler shot himself to evade capture by Stalin’s Red Army in 1945.
The three great Communists were not the only dictators who avoid just deaths. Such lesser monsters as Francisco Franco…
The greatest American political battle of the next decade will be over the United States Senate.
Our leaders have rigged the Senate to only pass certain kinds of legislation. For example, E. J. Dionne Jr. writes in The Washington Post: “Biden’s $1.9 trillion economic rescue and stimulus package is on its way to enactment. It passed the House and can get through the Senate with 50 Democratic votes, plus Vice President Harris’s tiebreaker, because the Senate’s “reconciliation” rule essentially allows money bills to pass on a simple majority.”
Thus, the Senate can easily pass budget legislation; which benefits big corporations…
My definition of a value trap is a cheap stock in a company that makes lots of money but does not grow. Interestingly, long-time Buffett favorite Kraft Heinz (KHC) displays some of those characteristics.
For instance, Mr. Market paid $37.21 for the Kraft Heinz Co (NASDAQ: KHC) on 4 March 2021. Yet Kraft Heinz reported a quarterly gross profit of $2.523 billion and a quarterly operating income of $1.55 billion on 31 December 2020. In addition, Kraft Heinz reported quarterly revenues of $6.939 billion on 31 December 2020.
Conversely, Kraft Heinz can grow, its quarterly revenues grew from $6.536 billion…
The NVIDIA Corporation (NASDAQ: NVDA) made enormous amounts of money in 2020.
For instance, NVIDIA (NVDA) reported a quarterly operating income of $1.507 billion and a quarterly gross profit of $3.157 billion on 31 January 2021. The quarterly operating income rose from $990 million on 31 January 2020. Meanwhile, the quarterly gross profit grew from $2.015 billion on 31 January 2020.
Similarly, the quarterly revenues rose from $3.105 billion on 31 January 2020 to $5.003 billion on 31 January 2021. Incredibly, Stockrow estimates that NVIDIA’s revenues grew by 56.80% in the quarter ending on 31 October 2020. They reported no…
The worst side effect of COVID-19 is that it makes stupid people stupider and ordinary people stupid.
We do not know if the current epidemic of stupidity is brain damage from coronavirus or mass hysteria. However, the news shows tens of millions of people are getting dumber.
If you do not believe just look at the news or go to the grocery store. You will see incredible amounts of evidence that stupidity is increasing in front of your eyes.
The good news is that The Walt Disney Company (NYSE: DIS) made money in 2020. Disney reported a quarterly gross profit of $4.474 billion and a quarterly operating income of $146 million on 31 December 2020.
The bad news is that Disney (DIS) made less money in 2020. it reported a quarterly gross profit of $7.843 billion and a quarterly operating income of $2.685 billion on 31 December 2019.
Disney survived coronavirus, but it took some big hits in income and revenue in 2020. For instance, Disney’s quarterly revenues fell from $20.877 billion on 31 December 2019 to $16.426 …
There are fascinating places in history almost existed. Had history taken a slightly different turn, entire countries and regions could have had entirely different cultures and political systems.
Colonialism was a game of chance for the conquered peoples. Many nations received different languages, economies, political systems, legal systems, and cultures from colonial conquerors.
India, for example, is a parliamentary democracy because of the British. Similarly, many African nations used a version of French Franc until 2020, 20 years after France itself adopted the Euro, because they were part of France’s empire.
Many nations; including the United States, speak French, Spanish…
All history is full of turning points, and American history is no different. There were many points in American history where one decision could change everything.
We well know some of these potential paradigm shifts in American history. Others are obscure, but these turning points show us that history is not as stable as we think.
Strangely, one of George Washington’s most important actions was to sit through a boring convention in a hot room.
Washington changed the course of American history by deciding to attend the Constitutional Convention. …
Not having kids can be fun. You have lots of free time and plenty of extra cash in your pocket.
You can also watch whatever you want on streaming video and take fun vacations. However, your friends with kids will constantly tell you that something is wrong with whenever they try to borrow money from you.
Likewise your parents will tell you that you need kids whenever they call and ask you to do something.
Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.