Another TBB post featuring the most eclectic links around the web such as how to compound career bets, the real AI, Apocalypse early warning system, the best Lake Michigan beaches, century of stock market winners, there is no Trump IRA out there, independent writing in the age of AI, Iran’s new grand strategy, stealing lots of cheese, the greatest bird names of all time, we travel to Nepal and the deepest caves, all the USA World Cup goals and WC ticket gouging, the best photography links and of course always all of the most important developments in the crazy world of frequent flyer miles and points at the lower half of the post. And much more. Enjoy the weekend.
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This blog started way back in 2012 focusing on my crazy hobby addiction of traveling with frequent flyer miles, hotel and bank points. It has since evolved to curated posts featuring the best web content along with my commentary.
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BLOG HOUSEKEEPING
This is truly a one man labor of love operation, enjoy it while it lasts.
If you were receiving new blog posts in your email and suddenly the emails stopped arriving, perhaps Google is doing its thing again relegating them to the Junk/Spam folder. Can you look in that folder for dates on each Friday and if you find one of my emails in there, please mark it as “Not spam”, thank you.
It is very likely the blog will have a new refreshed look next week. And there may be an interruption in emails coming so if you do not get one next Friday at 8 am please surf over here. Or just bookmark my site and come back here to comment about each World Cup game, it is going to be wild!
QUOTE OF THE WEEK
“Fatigue, discomfort, discouragement are merely symptoms of effort.” – Morgan Freeman
MUST READ GEMS
My kids and some of their friends read my blog. So, I want to single out this career advice article to them. And to anyone under 30, you are welcome:
The Career Bets That Compound (And the Ones That Don’t)
PERSONAL FINANCE
There is some excellent personal finance advice here: f.a.q speed round, long weekend edition. Straight in your face answers to these questions:
1. “Surely there’s some trick to paying less taxes?”
2. “I’m nervous about the market. Should I sell everything and wait it out?”
3. “My parents are getting older. It sucks. What should I do?”
4. “What’s the best way to give money to my kids?”
5. Do I have enough money to retire?
…The real question here is less “Can I retire?” and more “What would my life actually look like if I did?” Which is partly a financial question and partly an identity question…A surprising number of people spend decades preparing financially for retirement and almost no time preparing psychologically for it.
Very interesting research findings presented in this article: A Century of Stock Market Winners–And Why Most Stocks Failed to Deliver. The compound buy-and-hold return to the entire U.S. stock market over more than 100 years was 1,504,057%. Yet the median individual stock lost money.
Key Findings:
1. The Market Won Big, Most Stocks Didn’t, but a Few Won Spectacularly.
2. Wealth Creation was Shockingly Concentrated: $91 Trillion—Created by Just 3.7% of Companies
3. Wealth Concentration Is Getting Worse, Not Better
4. Time and Compounding: The Great Equalizers
And here are Five Takeaways That Should Change How You Think About Markets:
1. Diversification isn’t just prudent—it’s mathematically necessary.
2. The average return is not your likely return.
3. Time in the market is paramount—but only if you own the right assets.
4. Wealth concentration is increasing—and this matters for active investors.
5. Treasury bills are a tougher benchmark than most investors realize.
There is great confusion out there around Trump accounts and Trump IRAs. Once and for all: New “Trump IRA Is Fake News”.
CRYPTO/TECH/SCAMS
The May 2026 Ponzi Scheme Blog Roundup. It’s the typical collection of fraudsters doing frauds. But was there anything in there that stood out this time? Yes:
They used investor funds for personal expenditures including casino trips, whiskey club memberships, massages, and cryotherapy treatments rather than legitimate investments. [I understand casinos and massages. But whiskey club memberships and cryotherapy? GTFOH!]
Frost marketed the company heavily through conservative and Christian media outlets, branding it as part of a so-called “patriot economy” that would support small businesses and ministries while delivering annual investor returns of 8% to 16%. [Be a patriot, make 8% to 16% every year, Jesus!]
…he raised approximately $12.3 million from about 150 investors in a fraudulent scheme based on supposed proprietary AI-based trading bots that would engage in high-frequency arbitrage in trading crypto assets. [I have warned here numerous times to run away when you see the word ‘proprietary’. You add to that AI and trading and arbitrage and crypto? You know, I don’t feel sorry for anyone falling for this then, come on!]
Rip.so. The Digital Graveyard. Cool site.
AI
Maybe all is not lost for writers? Especially independent writers like me here? The independent writer’s advantage in the age of AI. Sure hope so…Oh, I like the last idea below, charisma and weirdness baby oh yeah.
The value of summary will go down, and the value of secrets will go up
The value of static content will go down, and the value of live interaction will go up
The value of bureaucracies will go down, and the value of founders will go up
The value of polish is going to go down and the value of personal charisma and style and weirdness is going to go up
Booing graduation ceremony speakers when they mention AI is becoming a thing? Harvard Graduation Speaker Unloads on AI in Profanity-Loaded Tirade,Prompting Cheers From Students: “I’m Here to Tell You the Mission of Your Generation Is to Destroy AI”.
From Seth’s Blog, short and sweet: The Real AI.
To quote the great Steve Wozniak, “Actual Intelligence.” The kind we’re born with and can develop if we choose. It’s worth more now than ever before. Alas, it’s rarely taught in school.
The difficult work of making choices
The act of curation [Talking to me?]
Seeking justice
Offering dignity
Knowing when to stop
Investing in deep empathy, not a shallow substitute
Making something that matters
Caring







First! Thanks for the posting and I am looking forward to the new look, though I am always happy with the current one. Starting to think to plan some travel once I get my heart procedure out of the way. Getting tougher to do though as I age. I told ya that before though I think.
Glad the kitchen thing is about done! I’ve done remodeling and such and it is always a pain!
Thanks for all the work you do putting this together. I truly appreciate it!
Carl wins again!
Thanks for the ponzi update link. I had to read that immediately. There was one that was “in business” for 20 years. Wow! That is discipline.
I read that Foreign Affairs article on Iran a few days ago. Interesting moment for them and I’m curious to see where they end up 10 years from now as it could go in a lot of different directions.
I guess I’m one of the few that thinks oil will hit $150 / barrel this year? People seem too relaxed right now. I think I said this before but right now it feels like about a month before COVID hit.