"Everything that matters to our modern life was built by engineers and workers who got their hands dirty. Scientists sat in cushy universities writing textbooks after the fact indoctrinating generations to think it was their post-hoc explanations that built things.
Lord Kelvin was one of the world's most important scientists when airplanes were invented. This is what he thought:
"I have not the smallest molecule of faith in aerial navigation other than ballooning, or of the expectation of good results from any of the trials we heard of."
Astronomer and polymath Simon Newcomb in 1903:
"Aerial flight is one of that class of problems with which man will never be able to cope."
This was the same year in which the Wright Brothers, two bicycle shop owner high school dropouts, built the first working airplane."
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Heading to Maine early tomorrow morning for some fun in the sun! :)
In the meantime, read this piece by Andrew Biggs.
See you next week!
andrew biggs @biggsag writes...you read. This is not negotiable
https://littleknownfacts.substack.com/p/the-two-charts-any-social-security
We'll review various 25 year time frames under the "harvest your gains retirement plan"
Here's the link! https://vimeo.com/event/6194932