I personally think that “all models are wrong” does nothing to stop people from simply thinking in terms of practical inevitabilities, when it’s actually extremely important to understand that figuring out what’s “actually going on” was never even the concern of science in the first place.
What you’re describing is literally what it means for general relativity to reduce to Newtonian mechanics. You can literally derive Newton’s equations by applying calculus to general relativity. In fact, if you ever get a physics degree, you’ll have to learn how to do it.
I prefer mine:
literally every model is a metaphor and not a true representation of the actual phenomenon it’s modeling.
I agree with the essence of your point but personally I’d never use the word “wrong”, only incomplete. Seems weird to call Newton’s laws “wrong” when the only reason that we are willing to accept GR is that it reduces to Newton.
No he definitely has a pretty substantial real estate portfolio. However, most properties bearing his name are just licensing it and are not owned by him. It’s a good point to make though. I was thinking myself that it will be funny if this makes it very apparent how much Trump has sold his own name out.
As I said “Rich people would LOVE to own more in the same way and pay less taxes.”
So they’d love to do a thing that they have all demonstrated they are perfectly capable of doing? What is even the value of such a comment?
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You say in your original comment to me “the ultra wealthy would love to benefit from Roth IRAs!” Well guess what: they do and it’s often a substantial portion of their fortune.
So what is your point now?
Uh not really… he started PayPal and then sold himself like 1 million shares at $0.001 (a tenth of a penny!) a share. Did you even read the article? Literally anyone who starts a business has to inject capital. It’s not gambling any more than any other person simply starting a business.
Also if you do read the article. You will learn it is not just Peter thiel, but many many many wealthy individuals who have done similar things. You say “the ultra wealthy would love to have Roth IRAs!” Well guess what: they do and it’s often a substantial portion of their fortune.
So what is your point now?
Don’t forget that when someone is talking about the average American “owning stocks” what they really mean is “has a retirement account that works in a way they don’t fully understand, which includes securities such as stocks, that they are not legally allowed to touch until they are 60”.
Anyone who tries to insinuate that the way average Americans “own stocks” is in any manner comparable to the way the wealthiest do, should honestly literally be put in the stocks where commoners can hurl tomatoes at them.
I like 10 months each with 6 weeks of 6 days each for a total of 360 days and a 5 day holiday at the end of every year (6 days during a leap year)
But Jesse really has opened my eyes to the possibility of a lunisolar calendar.
It’s gotta be deadbeat don