Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans


From pandemic to endemic

On 10 January 2022, the Spanish PM urged Europe to treat Covid-19 as a more endemic illness following the Omicron variant (eg, VOA, Bloomberg, NYT). In more simple words: "Just treat it like the flu" (Fortune). This news must have alerted the people with a micro and a macro perspective (my blogs on micro vs macro). People with a micro view will be confused as they...

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How did we get so far??

In yesterday's blog, stagflation vs inflation, I finally put in writing that what has been bugging me for a long time: "It’s a miracle (to me) that we have come so far despite the abundance of human stupidity." One could argue that the interglacial period following the Last Glacial Maximum allowed us to rewrite human history, given the worldwide destruction due to...

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Stagflation versus inflation

It was inevitable that inflation would also occur in the consumer price index (CPI). Before, it caused substantial price increases in assets (eg, houses). Remarkably, asset price inflation is typically viewed as a (paper) profit rather than as inflation. To a large extent, this is because of the CPI methodology and accounting rules. The main culprits are (i) the...

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The positive power of negativity

Some time ago, I noticed a Dutch article on a 2019 book by psychologist Roy Baumeister and journalist John Tierney: The Power of Bad: How the Negativity Effect Rules Us and How We Can Rule It (publisher). The book is recommended by psychologist Martin Seligman, a guru on positive psychology (eg, my 2015 blog). In 2014, I started writing for my blog. Those short...

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China Makes a Risky Bet on Olympic Victory Over Covid (Bloomberg)

Bloomberg title: China Makes a Risky Bet on Olympic Victory Over CovidBy: Andrew BrowneDate: 8 January 2022 "After a blowout extravaganza in 2008, China has dramatically lowered expectations for the Winter Olympic Games that begin in just a few weeks. During a recent inspection tour of the snow-and-ice venues, President Xi Jinping set out his modest ambitions for...

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Last weekend, I asked her whether she was self-sabotaging us. She said no. I asked if she was sure about that. She started doubting but still declined. I recall that I was self-sabotaging in my past and I thought that I recognised that behaviour in her. It doesn't really matter anymore as the damage is beyond repair. In my view, self-sabotaging is a conflict between...

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