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The Permanent Distortion Theory
The Permanent Distortion Theory
Submitted by QTR's Fringe Finance
“This time it’s different” is supposed to be the dumbest phrase in investing.
It’s the phrase people use right before they get obliterated. It was the rallying cry of dot-com lunatics buying companies with no revenue in 1999. It was the intellectual foundation of housing perma-bulls in 2006 who believed home prices could only go up because, apparently, Americans had collectively decided real estate was immune mathematical reality.
It’s typically what people say when they’re trying to justify paying absurd prices for dogshit assets...
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Jun 30, 2026 / Tyler Durden
Buffett Delays Midyear Donation To Gates Foundation Amid Epstein Controversy
Buffett Delays Midyear Donation To Gates Foundation Amid Epstein Controversy
Warren Buffett has funneled roughly $48 billion into the Gates Foundation from 2006 to 2025, typically through annual midyear transfers of Berkshire Hathaway shares. However, this year, for the first time in two decades, Buffett is reportedly delaying his usual donation as he waits for the outcome of a review into the foundation's ties to the late sex offender Jeffrey Epstein, according to a new Wall Street Journal report.
The delay comes as Buffett's relationship with Gates, a longtime friend, has...
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Aug 29, 2026 / Tyler Durden
You Should Feel Good About The Flock Debate
You Should Feel Good About The Flock Debate
Authored by Connor O'Keeffe
In a year as chaotic, violent, and economically destructive as this one has been, it is interesting that, to many Americans, the great villain of 2026 is turning out to be a traffic camera.
But, indeed, we are seeing visceral, cross-partisan opposition to so-called Flock cameras—named after the leading manufacturer of these automated license plate readers—take hold in communities across the country. And that opposition is, to be sure, entirely legitimate.
Flock’s camera networks are based on the idea that, while it would...
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Sep 6, 2026 / Tyler Durden
Federal Government Backs Supreme Court Challenge To AR-15 Bans
Federal Government Backs Supreme Court Challenge To AR-15 Bans
Authored by Bill Pan via The Epoch Times,
The federal government is urging the U.S. Supreme Court to side with gun owners challenging state and local bans on AR-15-style rifles.
In a brief filed Friday, Solicitor General D. John Sauer asked the justices to overturn rulings from the U.S. Courts of Appeals for the Second and Seventh Circuits, which upheld AR-15 bans in Connecticut and Cook County, Illinois, respectively.
"The AR-15 rifle is unquestionably in common use among law-abiding citizens for lawful purposes," the...
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