iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,083 Blog Posts

There Are Three Types of People In This World

We all come in different sizes and shades, varietals that are both beautiful and monstrous. In my experiences, I have noticed three type of people. There are those who fuck and drink without remorse, truly idiots, cruising though life without a care in the world. Because of their arch-ignorance, they’re unable to see the flaw in their thinking and instead lash out at others for being “stupid”, often deriding those with formal education as being the real idiots — happy and content with their station, only taking time out from drinking and fucking to complain about the lack of variety at their local booze store.

The second type of person is one with flaws, but is aware of these flaws and it manifests itself in one of two ways.

Self improvement via physical training/formal education or self-hatred and a wasted life. These people can go either way, into a life of self-abuse/crime or propel themselves via grit to do something extraordinary.

The third type rests at the top of the human food chain, thanks in large part to generations of carefully planned eugenics. Although successful and intelligent, often times these people are most upset with their station — due to lack of purpose and zeal. Having things given to them at an early age isn’t exactly empowering and being able to see things for what they truly are, instead of what they might be, can at times be depressing. The maniacal machinations of these people, often helped by drugs, can manifest itself on a large scale: wars, corporate chicanery, propaganda, generational abuse of power.

These are the pillars of society that markets are built on, one class of person leaning on the other and vice versa. That free healthcare isn’t going to pay for itself, just like that new Tesla car doesn’t get made without hands. The ebb and flow of good vs corrupt is sometimes shrouded by the fog of media and there are people who truly believe everyone is the same. Nothing could be further from the truth. But it’s not all despair — because happiness cannot be bought and sold like a stock or a crypto. The ideal life is one fueled by curiosity and contentment. Sometimes the fight for something greater, the insatiable desire to become powerful or wealthy, leads to the most despair. There is a delicate balance between drive and the path to ruin. Some of us top at 16 years old, most popular kid in high school — star athlete. Some of us keep growing stronger and wiser, well into our later years. We all have an expiration date, not just for our bodies but our spirit.

One of my favorite authors, probably my favorite, F. Scott Fitzgerald, was haunted by his early successes and considered himself to be spent by his mid- 30s, constantly lamenting his age and how he could never repeat the halcyon days of the roaring 20s. His thinking was so toxic it caused him to run down a path of self-destruction and an early demise. What he lacked was perspective. Money ruled over him because of his caprices and that strain caused him to write articles instead of books — which in turn caused him to have even more financial strain.

I don’t know the secret to happiness, but I do know what causes ruin in most men: reckless spending, booze, meaningless sex, lack of perspective.

Sorry for the unusual introspective post.

I took one trade today, a day trade in BEAM, +8%.

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17 comments

  1. juice

    The human being has to self-educate, iow, to educate himself/herself his/her whole life long to be happy and satisfied, which means thinking by oneself and for oneself.

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  2. natehois

    Where does Showtime fall on that spectrum?

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    • it is showtime

      Wait till the movie comes out and find out, or
      the numerous books that will be written

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  3. numbersgame

    One thing to keep in mind is that I’ve seen enoguh epsiodes of “Intervention” to understand that a lot of flawed people become that way through trauma, not through any inherent character flaw (although others such as Oprah Winfrey go through the same kind of trauma and bust right through it). The whole walking in another’s shoes (or at least seeing them walk) can be eye-opening.

    On the other side, I’ll also add that it’s not necessarily eugenics->intelligence->success, but more often simply money->connections that set up the third class you mention.

    Common example: in our society where meritocracy is so prized, you’ll hear Asians complain that there is a bias against them for the college admissions throguh reverse quoatas, while other minority groups say that the quotas are necessary to make up for the inferior schools and environemnets they were raised in. You’ll also find plenty of politicians (and other influential people) making the same arguements. Yet when was the last time you heard someone complain about legacy admissions? And who do you suppose has more money, the children of college-educated adults or the children of non-college educuated adults? Then, of course there is the fact that it’s much easier to find a good job with good connections.

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    • purdy

      Admissions based on race are poison …and so are clubby, ethno-bigoted criteria. One’s sucking does not justify the other.

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      • numbersgame

        There’s not room enough for me to address whether/how past/current racial biases should be addressed.

        However, I will point out that you proved my point: while that racial issue spurned you to reply, the issue of wealthier people getting admission preference over poor people to publicly funded colleges bothers you so little that you didn’t even address it when I explicitly pointed it out.

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  4. purdy

    Good stuff. I think I’ll have a drink now.

    Unless we become a constitutional, small government, country; that third type, whether bright or not, needs a lot more supervision.

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  5. it is showtime

    As fly “kind of” pointed to the other night in a Virus Bulletpoint update,
    it’s not the deaths. It’s the secondary interference to economic activity.
    From many categories. Really starting to nicely pick up.

    The infection spread method is consistent with black swan magnitude.
    As astute observers, alt media, etc, were saying 4 weeks ago.
    Headlines are starting to reflect the econ disruption. “chuckle”
    The indexes are tethered, most likely to be unleashed.

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    • it is showtime

      And of course as seen at the top of zero h right now,
      “China has ground to a halt: “On the ground” indicators confirm worst-case scenario”

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  6. ttotalone

    Is BEAM good long play? Wonder…

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  7. ericbakerbruce

    If F. Scott only had a stable woman in his life to keep him grounded….

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  8. braveflaps

    As falls Wichita, so falls Wichita Falls.

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  9. s.k.

    Are you channeling your inner Dostoevsky tonight?

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  10. acehood

    The fuck is meaningless sex?

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  11. merrdank

    You should check out Owen Benjamin on youtube. Sounds like you two would get along swell.

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  12. Raul3

    riding round, gettin it

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