Another TBB post featuring the most eclectic links around the web such as the rise and fall of Cathie Wood, the first US mass shooting, a CIA hacker, Crypto Lehman moment, widow brain, financial literacy expands, becoming an expert witness is very lucrative, we travel to Norway and Michigan and the most beautiful places around the world, airline fleet captivating visual, Germany’s appeasing policy towards Putin, Russia war effort is running out of steam it appears, a creepy movie made out of a Russian soldier’s cell phone, the Great Reinfection with Covid, a deep dive on Steve Bannon, an amazing story of a fugitive recaptured decades later, Alex Honnold fears of fatherhood, the latest most important news in the miles and points world and some personal updates. Enjoy your weekend and see you next Friday!
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This blog will publish every Friday in the month of June 2022.
Best of Web articles are truly exceptional and must reads, imho.
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Excellent article about her: The Rise and Fall of Cathie Wood. She is the famous (and now infamous) manager of the ARK Innovation ETF. For the record, I liked Cathie…before she got famous. And then…she changed. Fame and money got to her head imho.
Her ARK Innovation fund, often known by its ticker as ARKK, returned some 157 percent during that first year of the pandemic, compared to just 18 percent for the S&P 500 as a whole. It was a legendary performance that drew accolades from various market watchers, including CNBC’s Jim Cramer, who in February of last year tweeted, “Cathie Wood is a genius.” In late 2020 ARK even started running parody “Bad Ideas” ads, making fun of investors seeking “safety and comfort” in traditional funds. [After that, a legendary and ongoing collapse took place…and all along Cathie never wavered from her increasingly ridiculous always bullish predictions. Also, NEVER listen to Jim Cramer!]
This is an excellent reference for widows: Widow Brain: What To Expect After Your Spouse Dies & 9 Ideas to Help.
Another state, my state Michigan, finally! Personal finance would be a required class under bill headed to governor’s desk. I can not believe this is not required in every state, this is a life skill! It will get through to some kids. So we won’t have as many totally clueless people that nobody ever showed them what compounding can do! And the impact of ridiculously high interest rates on credit cards and…so many other basics.
I had heard being an expert witness can be lucrative. Well, this article will shock you, I had no idea, wow! The lucrative economics of expert witnesses.
I just can not seem to get away from this space…Crypto Just Had Its Lehman Moment. What’s Next? No idea, but life is better without all this heartache imho. Maybe it’s more fun staying poor? The last sentence was a joke…
There are many players in crypto who understand that making the space safe and reliable is key to its long-term success. Accepting regulation as a way to bolster confidence in the entire proposition may be the only way to overcome the damage wrought by Terra and, let’s be honest, the other potential disasters still out there. Yet regulation goes against everything so many crypto entrepreneurs believe in. The whole point of DeFi is to not need regulation. There’s the rub. But as crypto supporters reckon with the wreckage of their Lehman episode, do they have any other choice? The masses won’t use DeFi if they don’t trust it.
This looks lovely! The Kystriksveien: Earth’s most beautiful road trip?
If you are running out of places to visit, here is one more link: The 51 Most Beautiful Places in the World.
If you love planes, you will love this: Visualizing Well-Known Airlines by Fleet Composition.
Well, I guess more people have discovered this: No longer a hidden gem, Pictured Rocks inundated with record tourists. In Michigan’s Upper Peninsula. We almost got stuck in the tiny road to see Chapel Rock, park away from the parking lot, you are welcome.
Sticking with Michigan: Michigan is a top 10 state for private golf courses. Here are the 15 best tracks. I am not a golfer and I had no idea about this.
Amazing work in Texas Tribune about the first ever US mass shooting back in 1966: America’s first modern mass shooting never really ended. I did not know much about it, another psycho gone crazy. Imagine if he had an AR-15 back then…Actually, don’t!
I have never understood the obsession with guns. Obsession you say? Yeah, see this Twitter thread.
Watching the testimony in Congress of the parents who lost their kids in Uvalde was beyond heartbreaking. And watching the politicians waffle again and again is beyond frustrating…
UKRAINE RUSSIA WAR
Best of Web: The New Russian Offensive Is Intended to Project Power It Cannot Sustain. I think this guy has this right so read it in its entirety if you are interested. I hope I am not wrong.
Another amazing read for you: ‘We were all wrong’: how Germany got hooked on Russian energy. It goes back through history how the country got hooked…
Ukrainians made a movie out of a Russian soldier’s cell phone and it is kind of surreal and creepy to watch at the same time…
Looks like new variants keep coming: Welcome to the Great Reinfection. At this rate, I should probably hold out for variant Z.69 lol.
There was a recent small study that determined that people with food allergies do not catch Covid as easy. Me and my daughter have food allergies and never had Covid (as far as we know/test); wife and son do not have them and had Covid, coincidence?
There is a new vaccine out apparently, who cares at this point? I mean, the ones who did not get vaccinated by now, would the new vaccine make them change their mind?
And there goes China again back to lockdowns…I don’t know, maybe they should get some Pfizer and Moderna vaccines and go all out on vaccinnating instead of keep testing and locking down?
ODDZ & ENDZ
Amazing story about a fugitive drug dealer in Nebraska who skipped town for decades and finally captured in his 80’s with everyone coming to his defense and support. I must admit I was really pulling for the guy in the end for some reason, people change! The Fugitive Next Door. Other focus on clickbait “shocking” crap, I focus on bringing you wonderfully written gems…
In my blog I have mentioned Alex Honnold many times, the legendary climber. He married his girlfriend and they now have a son. And he is scared…which, I guess, every new father should read to feel better about themselves! Alex Honnold, the World’s Boldest climber, Just Became a Dad. For the record, I am still shocked this dude is still alive!
I felt like you did not really fear death at all in prior years.
“No, I would actually disagree. I’d say that death is probably the only thing that I really do fear.”
Go on, then. How are you able to do what you’ve done while fearing death?
“You just make sure you’re not going to die.”
Another deep post and I am going to push the brakes in this section with it as the post is getting really long…The Surreal Case of a CIA Hacker’s Revenge. Reading this you will think of a coworker you had to endure. Or a neighbor. Or heard of one I am sure. You know, the absolute asshole you could not stand, they are out there! And this guy now sitting in jail awaiting his trial is one of them. And everyone around him knows it too! And he is now representing himself and threatening to spill the secrets of the agency and, I think, he may win in the end…Hope he does not move next to me like that dude who moved next to us in our previous house, still have nightmares about that guy woohoo! Archived Link.
A hot-headed coder is accused of exposing the agency’s hacking arsenal. Did he betray his country because he was pissed off at his colleagues? [Yes!]
MILES & POINTS
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This section is about my
hobby addiction of collecting frequent flyer miles and hotel points since the early 1990’s! Feel free to skip this section and parts of the next one if this is not for you.
Newbies: This hobby is mostly about getting the fat signup bonus of travel rewards credit cards while of course NEVER EVER carrying a balance. But it takes a lot of work to do this well, you must be very detailed and organized and of course have great money habits too. Great money habits always start with having a cash emergency fund set aside! Big enough that when the unexpected happens (and it will at some point in your life) you don’t sweat it at all.
The Capital One Venture X card recently had a 100,000 point signup bonus. It is now a still lucrative 75,000 point signup bonus after a minimum spend of $4k in the first three months. If you like simplicity and are looking for one (premium) card, I highly recommend this card (and yes, I have it myself!). It has an annual fee of $395 but it comes with a VERY easy $300 statement credit for travel booked on its excellent travel portal, essentially turning it to a $95 annual fee card. Wait…at each card anniversary you earn 10,000 points essentially making it FREE! Every dollar of spend earns 2 points and flights booked on the travel portal earn 5 points per dollar. You get a Priority Pass Select lounge membership and, this is important, you can add four authorized users FOR FREE who can also open their own Priority Pass Select membership. No foreign transaction fees. Awesome seats at baseball stadiums for just 5k points. And lots more. Available with my Credit Card Links, thank you for your support!
Surprisingly, this offer is back! Chase Marriott Bonvoy Boundless FIVE Free Night Certificates (Up To 50,000 Points Each) Bonus. I am no fan of Marriott Bonvoy but this offer I must admit is very tempting as you can enjoy almost a week at a very nice property anywhere in Marriott’s vast footprint. Available HERE under Card Category/Hotel, thank you for supporting this blog! Remember, you are NOT allowed to ever carry a credit card balance if you ever get a credit card here, ok?
Another devaluation: Singapore Airlines KrisFlyer 10% Award Devaluation & End Of Paid Stopover Awards.
As you know, I am a big Twitter user. And when it comes to travel, it is indispensable! Stop Calling Your Airline, Message Them on Twitter Instead.
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We are now entering BLOG BUZZ, a section for advanced hobbyists and veterans of this fast imploding hobby and also a section where I go on and on about some stuff that happens in my life because it helps me feel better about myself.
I am committing to posting at least one comment daily in my blog, thank you for visiting.
As of today I have burned 639,147 miles and points year to date. And I have 4,750,157 miles/points in the bank (probably more, I need to do an “Update All” in my Award Wallet account).
My wife applied for the 80k Barclay Business Aviator American Airlines card (Direct Link) and I had to coach her what to say to the reconsideration department as she was not instantly approved. It was an ordeal for me…just imagine how unpleasant it was for her. No pain, no gain I said! Looking forward to get the card to earn another easy 80,000 AA miles and canceling her Citi AA card with its annual fee coming up.
I like basketball and the NBA. And watching the new movie Hustler with Adam Sandler playing a Philadelphia 76ers scout helping a talented kid from Spain break into the NBA was extremely enjoyable!
Detroit Tigers baseball fan? Click and watch this video: Pure Michigan: Detroit Tigers ’22. You will laugh, I guarantee it!
Daughter had a car accident, she is fine but the car is not looking good at this point. I am going through the insurance claim process and, naturally, tried to see if I can conveniently enter my National Car Rental frequent driver number for the rental car I have coverage for…but I was shot down, boo! Also, Ford air bags work flawlessly!
We both ran a great race this past Sunday in the Dexter-Ann Arbor Run in our back yard. The weather was absolutely perfect for a run, I hit my target goal and my wife ran her first ever half marathon in a faster time than she ever dreamed. 10k race in Royal Oak this Sunday. Keep moving!
I am really proud when I click “Publish” on each post. Enjoy another blog post and stay healthy my friends.
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