Book Review: Billion Dollar Whale

“Billion Dollar Whale” by Tom Wright and Bradley HopeLow Taek Jho, who westernised his name to “Jho Low”, which I will use henceforth, was the son of a wealthy family in Penang, Malaysia. The family’s fortune had been founded by Low’s grandfather who had immigrated to the then British colony of Malaya from China and founded a garment manufacturing company which Low’s father had continued to build and recently sold for a sum of around US$ 15 million. The Low family were among the wealthiest in Malaysia and wanted the best for their son. For the last two years of his high school education, Jho was sent to the Harrow School, a prestigious private British boarding school whose alumni include seven British Prime Ministers including Winston Churchill and Robert Peel, and “foreign students” including Jawaharlal Nehru and King Hussein of Jordan. At Harrow, he would meet classmates whose families’ wealth was in the billions, and his ambition to join their ranks was fired.

After graduating from Harrow, Low decided the career he wished to pursue would be better served by a U.S. business education than the traditional Cambridge or Oxford path chosen by many Harrovians and enrolled in the University of Pennsylvania’s Wharton School undergraduate program. Previous Wharton graduates include Warren Buffett, Walter Annenberg, Elon Musk, and Donald Trump. Low majored in finance, but mostly saw Wharton as a way to make connections. Wharton was a school of choice for the sons of Gulf princes and billionaires, and Low leveraged his connections, while still an undergraduate, into meetings in the Gulf with figures such as Yousef Al Otaiba, foreign policy adviser to the sheikhs running the United Arab Emirates. Otaiba, in turn, introduced him to Khaldoon Khalifa Al Mubarak, who ran a fund called Mubadala Development, which was on the cutting edge of the sovereign wealth fund business.... [Read More]

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Shiite Shenanigans

Oil tankers were attacked in the Gulf of Oman. This is just over a month since the previous attacks in the Persian Gulf. Houthi rebels in Yemen, a client project of Iran, attacked oil wells and pipelines and an airport in Saudi Arabia.

The Mullahs of Iran are trying to raise the price of oil, to create a better market for their black market oil that they are trying to sell around President Trump’s sanctions. ... [Read More]

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Sinister Kullberg Network

Are you influenced by the sinister Kullberg Network? If you have any conservative Facebook friends, chances are you have been influenced in your thinking by this shadowy group.

The Kullberg network is not a foreign entity. It is a collection of at least 24 Facebook pages apparently run by a small group of people based out of Columbus, Ohio, that purports to represent the views of a diverse cohort of Americans. In many other respects, the network is quite similar to these examples [Russian and Philippine troll farms] of foreign social media manipulation. In the view of  Joshua Tucker, a professor of politics and data science at NYU, the fact that these activities stem from domestic, rather than foreign, actors complicates things. “I think if you came to Facebook and said, ‘Hey, the Russians are doing this,’ they would have taken the pages down,” he told us in a phone interview. So far, Facebook has not responded to our questions or multiple follow-ups about the Kullberg network’s practices, and the network remains online.  ... [Read More]

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Willing to Negotiate

AMLO is “willing to negotiate.”

Of course he is.   President Trump will get just what he wants, too.   Mexico will dramatically reduce the flow of Salvadoran and Guatemalan “migrants.”   And the tariff will pay for the Wall.... [Read More]

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Trump Trade War to Save the Planet

One of my Facebook friends shared out a tidbit that was new to me.   Giant container ships produce really bad sulphur-based air emissions.   That in itself is not surprising, since they burn heavy “bunker” oil for fuel.   But the extent of their air emissions is staggering.

Just one mega-container ship gives off as many emissions as 50,000,000 cars. That’s right, one ship equals 50 million cars.     The world’s 15 largest ships put out more pollutants (nitrogen and sulphur oxide) than ALL of the world’s cars added up.... [Read More]

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Welcome Back My Friends To The Show That Never Ends….

We have reached a nexus, a tipping point, where one deflection may echo down the centuries.

As the remnants of national democracy align against elite totalitarian rule, USA, Japan, India , Brazil and Trump versus China and the Globalists…. ... [Read More]

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evil Google — curator of your information flow

I put up a couple of recent posts to observe on a surge of obituaries on the news business.   But all y’all internet denizens are still reading news.   You just don’t take daily newspapers anymore, and only a very tiny share of y’all subscribe to any kind of news provider.   That is the way most of us operate any more.   But information flow, especially the flow of recent events information, aka ‘news,’ is now screened for most receivers of news by evil Google.

Yeah, I know; some Ratburghers are boycotting Google by using DuckDuckGo and a couple of other search engine alternatives.   But the problem remains.   Over half of all news articles that are accessed on the internet were landed on through an evil-Google search, which means that evil Google gets a shot at screening the news for over half of all internet news consumption.   This finding comes from a Northwestern University study that was recently presented at the “2019 Conference on Human Factors in Computing Systems” that was held in Glasgow.

Continue reading “evil Google — curator of your information flow”

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The Threat of China

China has been attacking the U.S.A. ever since the days of Richard Nixon, in many ways subtle and not subtle.   But their attacks have grown more devious, more corrupting, and are preparing them for assaults on America that will be devastating when they are unleashed.

Yes, they have been spying and stealing technical secrets, violating copyrights, trademarks and the plain language of contracts for decades.   But the current state of affairs calls for a confrontation, and I am glad to see President Trump bring a confrontation that is clever and likely to succeed.... [Read More]

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Blind Economic Faith

Barak Obama has more faith in the American economy than I do. This faith is shared by all the announced Democrat candidates for the 2020 nomination. They have greater faith in the American economy than President Trump or Andrew Klavan or Steven Mnuchin. It may seem counterintuitive to say that the Anti-American Party has greater faith in the American economy than conservative patriots, but there it is.

I saw an interview of Amy Klobuchar over the weekend that illustrates the point. She refused to grant any credit to President Trump for the economic boom that has brought us record-low unemployment and strong GDP growth. She insisted that the policies of Team Obama were what brought about our strong economy. She implied that President Trump was just a lucky chump who inherited an improving economy from President Obama.... [Read More]

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Google “responsible development”

I am not suggesting that you perform a Google search for “responsible development.”   I just want to call attention to the demise of the “Responsible Development of AI Advisory Council” at Google.   It was just last week that Google announced the formation of the Advisory Council, intended to debate potential policy related to Artificial Intelligence.   They started announcing persons who were going to serve on the Advisory Council.   One of the persons named was Kay Coles James.

The histrionics from Google staffers were immediate and intense.   Tantrums were thrown and a clamor of angry rhetoric consumed much energy and attention for a couple of days.   Google promptly caved, and today they announced the dissolution of the Advisory Council.   Evidently placating the SJW staffers at Google was much more important than any effort to get ahead of the plethora of ethical pitfalls that beset the development of artificial intelligence.... [Read More]

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Tele-Monsters revisited.

Tele-Monsters, or those dammed scam/spam/nuisance/marketing calls.

I’m sure a few Ratburgers remember my posts about them and my successes and failures to turn the tide of them.
Yep “NoMoRoBo” is still the premier answer. But with drawbacks. The drawbacks are when every tele-monster calls and NoMoRoBo intercepts the call, we get one ring. Sort of like on “The Hunt for Red October“, but ring instead of ping.

Continue reading “Tele-Monsters revisited.”

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“When did two plus two equal six?” (at 15:00)

I am watching this video of two former employees of Theranos. Theranos is the company that was going to automate 100s of blood tests from a drop of blood. It was a great company excepting for the fact they lied, put people’s health at risk, and lost about 900 million of investors’ money.... [Read More]

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