Best HSA Providers, Open Enrollment, SBF Trial Grilling, China Malaise, Most Haunted Places, Next Travel Adventure

Another TBB post featuring the most eclectic links around the web such as the best HSA providers, Open Enrollment, SBF Trial grilling, China malaise, the most haunted places, my next travel adventure starts, ignore the crash callers, Employee Stock Purchase Plans, we go way deep into the FTX SBF trial, how Tiffany Fong got famous, one of the most arrogant crypto scammers is rotting in a prison in Montenegro, the diary from Gaza is haunting and a lot more and I need to click Publish and start packing, bye!

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This blog publishes every Friday. If not Friday, it will be Monday. This is a one man labor of love operation, enjoy it white it lasts. See Note below.

 

Note:

Posting earlier this week as I am about to embark on another travel adventure, to Singapore and Thailand this time. For the rest of the month posting here will be randomly irregular. I really have no idea how much time I will have to post. I may do more shorter posts if I have time, still manage to post once a week or not post at all. I don’t really know so come here often so my page views go higher so I make money from ads I don’t have lol. You can subscribe on the right and get every single blog post via email, absolutely no spam at all!

 

I want to single out one article that blew my mind.

The New Economic Security State

 

 

PERSONAL FINANCE

It is Benefits Open Enrollment season so this is helpful: 6 workplace benefits questions to ask yourself during open enrollment. And if you are interested in having your own Health Savings Account: The Best HSA Providers of 2023.

This is really good and fits with the themes often blogged about here: The Crash Callers Won’t Save You. Yeah, it is that time again for them to go crazy in the media. Here is what one said:

Every historical indicator Hussman is looking at is suggesting that the stock market is wildly overvalued and headed for a period of lousy returns. How lousy? John Hussman thinks there’s a good chance the stock market will soon crash 40-50 percent. And even if the market doesn’t crash, Hussman thinks stocks are priced to produce returns of only a couple of percentage points per year over the next decade–far below the 7 percent inflation-adjusted long-term return that everyone is used to and the double-digit returns of the last few years. If you want to feel comfortable and happy, go ahead and ridicule John Hussman with everyone else. If you want to prepare yourself for what seems like a likely possible stock-market future, however, read on.

Sounds so legit and scary, right? Well, these quotes are from, please sit down, the summer of 2013. Whoever listened to this crap most likely lost the opportunity of a lifetime. Do not listen to gurus who know what the future holds. Future is unknowable and you will be better off sticking to a diversified low cost investment plan, assuming you have one and have the strong character to keep your emotions of greed and fear in check.

It is pretty hard to lose money taking advantage of these plans: Employee Stock Purchase Plans Overview. The key is in the discount. And I recommend selling right away and lock in that profit and…move on and do it all over again.

 

 

SAM BANKMAN-FRIED SBF FTX TRIAL

I may add some links here as time goes by…if I get to it.

This is from last Friday when SBF was questioned by his own attorneys: The FTX trial, day fourteen: Same events, new stories. Looking forward to Monday when he is questioned by the prosecution team…

Meanwhile, Michael Lewis sat with SBF’s parents last Friday and also went out together for dinner with them. If you have been reading my blog you should not be surprised. I can see Michael jumping up screaming YES! if his buddy is found innocent #longshot.

So, Molly White goes to the trial all day again on Monday and then does a five hour live stream on Youtube going over all her notes from the day events in the court, wow. No sponsor crap, no firewall Substack (she hates them and so do I), respect. And here is another three hours plus from the court action on Tuesday.

And we also have Tiffany Fong. Which goes to show you how random luck plays such a big role in life. The Crypto Whistleblower at the Center of the Sam Bankman-Fried Storm. Talk about an accidental rise to fame. Started in this space after losing her life savings to crypto and then gets lucky getting SBF to talk to her. And she released some of her notes to the media and then she exploded. And has been milking her fame ever since. Anyway, I prefer Molly White but if you want to get a taste of the quick influency youtube salesy short videos of her, here is one: SBF Cross Examination: Sam Remembers NOTHING at FTX…wtf. She visited Sam at his home multiple times and his parents never liked her lol.

As each day goes by I think that Sam was not a genius but dumb as a rock, wow! Remember this?

Update: Posting from Frankfurt airport, we have two more links from Molly and Tiff:

The FTX trial, day 15-16: Sam Bankman-Fried doesn’t recall.

SBF Closing Arguments: Sam Bankman-Fried is screwed

 

CRYPTO SCAMS

It is amazing how arrogant so many of these crypto people are. And one of them who is way up there is Do Kwon who has been sitting in a jail in Montenegro for a while ever since escaping Singapore. Anyway, he has been sued all over the place and is going to be extradited eventually, the question is who will get a first crack at him. This Wall Street Journal piece investigates how he lived ever since running from authorities looking to bust his ass: The Hunt for Crypto’s Most Famous Fugitive. ‘Everyone is Looking for Me’.

 

GEOPOLITICS

A heartbreaking diary from a Gaza resident as the blood continues to flow with no end in sight…

This is a long, excellent and must read article if you are interested in China. After reading it, maybe, just maybe, the current vibe is not too far off from reality? China’s Age of Malaise. Party officials are vanishing, young workers are “lying flat,” and entrepreneurs are fleeing the country. What does China’s inner turmoil mean for the world?

 

ODDZ & ENDZ

I have bookmarked this site, Rocumentaries. Curated links to the very best documentaries. Over 200 awe-inspiring films and series from your favorite channels.

This is indeed so creepy: The Creepy New Digital Afterlife Industry. These companies could use your data to bring you back—without your consent.

When you long for something all your life, are you excused for just walking by a dead climber? Difficult read: Death on the Savage Mountain: What really happened on K2, and why 100 climbers stepped over a dying man on their way to the summit.

Ornithographies. Wow…

 

 

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