Paradocracy

As the situation in the Gaza Strip further deteriorates under the threat of total war, I have deemed worthy a brief overview of the conflict between the states of Palestine and Israel. I thought I would share some relevant details so that, insofar as any person is eager to form an opinion on the subject, he or she will have some sense of the tensions between the camps, the longstanding feud between them, and some of the particulars pertaining to the situation at the Gaza Strip. First, it is essential to understand that the Jewish State of Israel has long been in the process of expanding its control over the region, claiming territory by displacing Palestinians and demolishing their homes to make way for Jewish Israelis — a process known as the Zionist movement, which has displaced Arabs across the entire region known as the state of “Israel”, as the Jewish State of Israel continues to support and finance the large-scale migration of Jewish persons from abroad.  The same has happene...

In a world wandering ever further into the abstract, the arbitrary and the subjective, it comes as no surprise that so many are confused on the meaning of “intrinsic value”.  When used at the personal level, the “intrinsic value” of any asset is in its use case, the properties it inherently possesses; at the market level, its “intrinsic value” is in its use case independent of sentiment and appraisal. In any other context, or under any other set of conditions, the metric is entirely useless, serving only as a form of rhetoric or foolhardy marketing.  As a metric or principle, “intrinsic value” serves to offer a floor, the minimum value of any asset; thereby serving as a reference point for any subsequent appraisal (or long-term market-clearing price). “Intrinsic value” is best described qualitatively in its immutable properties and use cases, and quantitatively by stripping the calculus of   any anomalous artifice, conditions, sentiment and speculations supporting current...