DoomPosting
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Degens Deteriorating
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Investor positioning in the options market is extremely bearish:

The S&P 500's 3-month put-call skew is up to ~0.50, near the highest in 3 years.

Put-call skew measures how much more expensive put options are relative to call options, with higher readings signaling greater investor fear.

By comparison, the average 3-month single-stock put-call skew is up to ~0.15, the highest since August.

Furthermore, the S&P 500's 1-month skew is up to ~0.53, the highest since the 2022 bear market.

This nearly matches the levels seen during the 2020 pandemic crash of ~0.56.

Is Wall Street getting overly bearish?

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Why is no one talking about the one wigger they let into the Shape Storeβ„’?

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Etihad Airways is slowly getting back in the air.

Starting March 6, they'll run limited flights from Abu Dhabi to Cairo, Delhi, London, Frankfurt, New York, Paris, Moscow, Toronto, and Zurich.

After days of total airspace chaos and war escalation, it's a small but real sign the skies are finally starting to reopen.

Flights are nowhere near normal yet, but for the UAE's main airline, this is the first step toward getting back on track.

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UAE is being forced to escort emirates airlines flight with fighter jets to give them friendly signal so that their own AD doesn’t shoot down flights.

They were spinning this as β€œSaftey”.

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Cluely CEO Roy Lee admits to publicly lying about revenue numbers last year

In hindsight, there were some signs

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Forwarded from DoomPosting
Asian man’s research and theorizing on Asian lying:

β€œEuropeans are generally more honest than Asians, despite the fact that honesty and intelligence correlate.”

β€œI ran a BMA a year ago to detect which variables were the most robustly associated with honesty between races. Individualism was the trait most linked with honesty, not intelligence or any other of the variables I tested.”

β€œAbout how this relates to conformity: on the surface, Asians are more conformist than Whites. More likely to wear masks, be quiet in class, and whatnot. But that's external conformity: Asians are more comfortable with inconsistencies between the inside and outside.”

β€œBut Whites are more likely to conform internally, to adopt values, beliefs, or religions that involve sending more reliable and costly internal signals than simple external ones.”

β€œre the individualism thing, I don't think honesty causes individualism or vice versa, rather they're part of the same underlying phenotype, which is discomfort with inconsistency between the internal and external.”

β€”

Imo, pretty compelling.

Those of us who deeply care about truth have a terribly hard time even conceiving those who don’t at all.

You can see it all the time, e.g. when someone says β€œwhy would that person even lie?”

β€” They ask why someone would do something so painful, not realizing that for some people, lying brings zero pain at all.

Clearly, just as the 1st law of behavioral psychology predicts, it’s highly biological.

And clearly, this is an extremely political-correctness-sensitive question, but this also one of the most fascinating.

Are far more people than we realize, simply wired to lie, and experience lying entirely different than we do?

Yes, sure looks like it.
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