Mr. Allen was an exceptional person, however I'll focus on his philanthropic efforts only.
Philanthropy Allen gave more than $2 billion towards the advancement of science, technology, education, wildlife conservation, the arts, and community services in his lifetime. The Paul G. Allen Family Foundation, which he founded with his sister Jody, was established to administer a portion of Allen's philanthropic contributions. Since its formation, the foundation has given more than $494 million to over 1,500 nonprofits; and, in 2010, Allen became a signatory of The Giving Pledge, promising to give at least half of his fortune to philanthropic causes. Allen received commendations for his philanthropic commitments including the Andrew Carnegie Medal of Philanthropy and Inside Philanthropy*'*s "Philanthropist of the Year". Science and research 📷 Allen (right) studies a brain sample with Allan Jones, CEO of the Allen Institute for Brain Science, in 2011. In September 2003, Allen launched the Allen Institute for Brain Science with a $100 million contribution dedicated to understanding how the human brain works. In total, Allen donated $500 million to the institute, making it his single largest philanthropic recipient. Since its launch, the Allen Institute for Brain Science has taken a Big Science and open science approach to tackle projects. The institute makes research tools available to the scientific community using an open data model. Some of the institute's projects include the Allen Mouse Brain Atlas, Allen Human Brain Atlas and the Allen Mouse Brain Connectivity Atlas. The Allen Institute is also helping to advance and shape the White House's BRAIN Initiative as well as the Human Brain Project. Founded in 2014, the Allen Institute for Artificial Intelligence (AI2)'s main focus is to research and engineer artificial intelligence. The institute is modeled after the Allen Institute for Brain Science and led by researcher and professor, Dr. Oren Etzioni. AI2 has undertaken four main projects, Aristo, Semantic Scholar, Euclid, and Plato. As of 2015 Project Aristo is working to build an AI system capable of passing an 8th-grade science exam. In December 2014, Allen committed $100 million to create the Allen Institute for Cell Science in Seattle. The institute is investigating and creating a virtual model of cells in the hope of bringing forth treatment of different diseases. Like the institutes before it, all data generated and tools developed will be made publicly available online. Launched in 2016 with a $100 million commitment, The Paul G. Allen Frontiers Group aims to discover and support ideas at the frontier of bioscience in an effort to accelerate the pace of discovery. The group will target scientists and research areas that "some might consider out-of-the-box at the very edges of knowledge". Allen launched the Allen Distinguished Investigators Awards (ADI) in 2010 to support scientists pursuing early-stage research projects who often have difficulty securing funding from traditional sources. Allen donated the seed money to build SETI's Allen Telescope Array, eventually contributing $30 million to the project. The Paul Allen's flower fly was named in recognition of his contributions to Dipterology. Environment and conservation Allen provided more than $7 million to fund a census of elephant populations in Africa, the largest such endeavour since the 1970s. The Great Elephant Census team flew over 20 countries to survey African savannah elephants. The survey results were published in 2015 and showed rapid rates of decline which were accelerating. He began supporting the University of British Columbia's Sea Around Us) Project in 2014 to improve data on global fisheries as a way to fight illegal fishing. Part of his $2.6 million in funding went towards the creation of FishBase, an online database about adult finfish. Allen funded the Global FinPrint initiative, launched in July 2015, a three-year survey of sharks and rays in coral reef areas. The survey is the largest of its kind and designed to provide data to help conservation programs. Allen backed Washington state initiative 1401 to prohibit the purchase, sale and distribution of products made from 10 endangered species including elephants, rhinos, lions, tigers, leopards, cheetahs, marine turtles, pangolins, sharks and rays. The initiative gained enough signatures to be on the state's ballot on November 3, 2015, and passed. Alongside the United States Department of Transportation (USDOT), Allen and Vulcan Inc. launched the Smart City Challenge, a contest inviting American cities to transform their transportation systems. Created in 2015 with the USDOT's $40 million commitment as well as $10 million from Allen's Vulcan Inc., the challenge aims to create a first-of-its-kind modern city that will demonstrate how cities can improve quality of life while lowering greenhouse gas emissions. The winning city was Columbus, Ohio. As a founding member of the International SeaKeepers Society, Allen hosted its proprietary SeaKeeper 1000TM oceanographic and atmospheric monitoring system on all three of his megayachts. Allen funded the building of microgrids, which are small-scale power grids that can operate independently, in Kenya, to help promote reusable energy and empower its businesses and residents. He was an early investor in the Mawingu Networks, a wireless and solar-powered Internet provider which aims to connect rural Africa with the world, and Off Grid Electric, a company focused on providing solar energy to people in emerging nations. Ebola In 2014, Allen pledged at least $100 million toward the fight to end the Ebola virus epidemic in West Africa, making him the largest private donor in the Ebola crisis. He also created a website called TackleEbola.org as a way to spread awareness and serve as a vehicle for donors to fund projects in need. The site highlighted organizations working to stop Ebola that Allen supported, such as International Red Cross and Red Crescent Movement, Médecins Sans Frontières, Partners in Health, UNICEF and World Food Program USA. On April 21, 2015, Allen brought together key leaders in the Ebola fight at the Ebola Innovation Summit in San Francisco. The summit aimed to share key learnings and reinforce the need for continued action and support to reduce the number of Ebola cases to zero, which was achieved in January 2016. In October 2015, the Paul G. Allen Family Foundation announced it would award seven new grants totaling $11 million to prevent future widespread outbreaks of the virus. Exploration 📷 RV Petrel arriving at Surigao City in 2018 In 2012, along with his research team and the Royal Navy, Allen attempted to retrieve the ship's bell from HMS Hood), which sank in the Denmark Strait during World War II, but the attempt failed due to poor weather. On August 7, 2015, they tried again and recovered the bell in very good condition. It was restored and put on display in May 2016 in the National Museum of the Royal Navy, Portsmouth, in remembrance of the 1,415 crewmen lost. Since 2015, Allen funded the research ship RV Petrel, which he purchased in 2016. The project team aboard Petrel was responsible for locating the Japanese battleship Musashi in 2015. In 2017, at Allen's direction, Petrel found USS Indianapolis), USS Ward), the wrecks of the Battle of Surigao Strait and the Battle of Ormoc Bay. In 2018, Petrel found a lost US Navy C-2A Greyhound aircraft in the Philippine Sea, USS Lexington) in the Coral Sea and the USS Juneau) off the coast of the Solomon Islands. Museums and community institutions Allen established non-profit community institutions to display his collections of historic artifacts. These include: Museum of Pop Culture, or MoPOP, is a nonprofit museum, dedicated to contemporary popular culture inside a Frank Gehry–designed building at Seattle Center, established in 2000. Flying Heritage Collection, which showcases restored vintage military aircraft and armaments primarily from the World War II era, established in 2004. STARTUP Gallery, a permanent exhibit at the New Mexico Museum of Natural History and Science in Albuquerque dedicated to the history of the microcomputer, established in 2007. Living Computer: Museum + Labs, a collection of vintage computers in working order and available for interactive sessions on-site or through networked access, opened to the public in 2012. Art An active art collector, Allen gifted more than $100 million to support the arts. On October 15, 2012, the Americans for the Arts gave Allen the Eli and Edythe Broad Award for Philanthropy in the Arts. Allen loaned out more than 300 pieces from his private art collection to 47 different venues. The original 541-page typescript of Bram Stoker's novel Dracula was in his collection at one point. In 2013, Allen sold Barnett Newman's Onement VI (1953) at Sotheby's in New York for $43.8 million, then the record for a work by the abstract artist. In 2015, Allen founded the Seattle Art Fair, a four-day event with 60-plus galleries from around the world including the participation of the Gagosian Gallery, David Zwirner. The event drew thousands and inspired other satellite fairs throughout the city. In August 2016, Allen announced the launch of Upstream Music Fest + Summit, an annual festival fashioned after South by Southwest. Held in Pioneer Square, the first festival took place in May 2017. It was cancelled in 2019 following Allen's death in 2018. In November 2022, Allen's art collection was auctioned at Chrsitie's New York. It was the biggest sale in art auction history, surpassing $1.5 billion in sales. Six works sold for more than $100 million: Seurat’s Les Poseuses Ensemble (Petite version), ($149 million, with fees); Paul Cézanne’s 1888-90 La Montagne Sainte-Victoire ($138 million); van Gogh’sVerger avec cyprès ($117 million); and Gustav Klimt’s 1903 Birch Forest ($105 million). The auction also included paintings by Botticelli, David Hockney, Roy Lichtenstein, Edward Hopper, Andy Warhol, Jasper Johns and Jan Brueghel the Younger. Proceeds from the auction benefitted undisclosed philanthropies.  Education 📷 Allen and Steve Wozniak at the Living Computer Museum in 2017 In 1989, Allen donated $2 million to the University of Washington to construct the Allen Library, which was named after his father Kenneth S. Allen, a former associate director of the University of Washington library system. In the same year, Allen donated an additional $8 million to establish the Kenneth S. Allen Library Endowment. In 2012, the endowment was renamed the Kenneth S. and Faye G. Allen Library Endowment after Allen's mother (a noted bibliophile) died. In 2002, Allen donated $14 million to the University of Washington to construct the Paul G. Allen Center for Computer Science and Engineering. The building was dedicated in October 2003. In 2010, Allen announced a gift of $26 million to build the Paul G. Allen School of Global Animal Health at Washington State University, his alma mater. The gift was the largest private donation in the university's history. In 2016, Allen pledged a $10 million donation over four years for the creation of the Allen Discovery Centers at Tufts University and Stanford University. The centers would fund research that would read and write the morphogenetic code. Over eight years the donation could be as much as $20 million. In 2017, Allen donated $40 million (with an additional $10 million from Microsoft) to reorganize the University of Washington's Computer Science and Engineering department into the Paul G. Allen School of Computer Science and Engineering.
Because of my field of study, I appreciate him mostly for his contributions to brain sciences in terms of donations and investments. Mr. Allen was alive when his endowments already had helped researchers usher a new age in neuroscience. Hence, he's someone everyone can find something to be impressed by. Paul Allen as an industrial pioneer and a philanthropist would be a flair this subreddit should be proud to have along with his childhood friend Bill Gates.
The relationship between Allen and Gates became strained as they argued even over small things. Allen effectively left Microsoft in 1982 after being diagnosed with Hodgkin's lymphoma, though he remained on the board of directors as vice chairman. Gates reportedly asked Allen to give him some of his shares to compensate for the higher amount of work that Gates was doing. According to Allen, Gates said that he "did almost everything on BASIC" and the company should be split 60–40 in his favor. Allen agreed to this arrangement, which Gates later renegotiated to 64–36. In 1983, Gates tried to buy Allen out at $5 per share, but Allen refused and left the company with his shares intact; this made him a billionaire when Microsoft went public. Gates later repaired his relationship with Allen, and the two men donated $2.2 million to their childhood school Lakeside in 1986. They remained friends for the rest of Allen's life.
628 - Diplomacy 4745 - Piratenbillard 5401 - Football Strategy 12407 - Royalty 17011 - U-Boat 17895 - Die grosse Auktion 18785 - Yum 18862 - Long Cours 19334 - The Rolling Moon 20022 - Risk
1871 - Dutch Blitz 3571 - Bughouse Chess 7239 - Yacht Race 10628 - Board and Table Games from Many Civilizations 13427 - Baseball Strategy 13731 - Trade Winds 13864 - Kimbo 14495 - Lie Detector 15534 - Gazza! The Game 15541 - Squatter notable misses: Hi Ho! Cherry-O, The Game of Life
10750 - Broker 11600 - Le Mans 11733 - D-Day 15109 - Battle-Cry 15637 - Summit 15880 - Civil War Game 1863 16154 - Air Empire 16359 - Chancellorville 16633 - Civil War 18065 - Go: The International Travel Game
3795 - Focus 4685 - Breakaway Rider 6206 - Scarabeo 8245 - Stock Market Game 9200 - Stalingrad 11895 - Krypto 12069 - Haggle 13854 - What's That on My Head? 15281 - Equations 15396 - The Match Game notable misses: Kismet, Mouse Trap
280 - Acquire 3478 - Midway 4672 - Afrika Korps 5106 - Facts in Five 8675 - Probe 10054 - Quinto 11113 - Oh-Wah-Ree 11453 - So Long Sucker 11672 - Stocks & Bonds 14282 - Phalanx notable misses: Pie Face
2973 - Nuclear War 6935 - The Battle of the Bulge 7659 - Blitzkrieg 10779 - Breakthru 10880 - The Business Game 11050 - High-Bid 11909 - Kaiser 12353 - Call My Bluff 12965 - Avalanche 17261 - James Bond 007 notable misses: Mystery Date, Operation, Trouble
3081 - Win, Place & Show 8612 - Coup d'État 9531 - Thinking Man's Golf 10806 - Fight in the Skies 13023 - Guadalcanal 15470 - Switchboard 15828 - Magellan 18154 - Thinking Man's Football 20093 - The Game of Shakespeare 20875 - Twister
2409 - Bazaar 4518 - Jutland 4658 - Feudal 4814 - Regatta 6009 - Mr. President 6720 - Score Four 13190 - Sprouts 14283 - Monkey Auto Races 15132 - Ratrace 15136 - Nile notable misses: Skip-Bo, Rock 'Em Sock 'Em Robots, Ker Plunk
3940 - Strat-O-Matic Pro Football 7027 - Battling Tops 7984 - Situation 4 9533 - Kaliko 10407 - Sherco's Grand Slam Baseball Game 10503 - Djambi 10941 - International Movie Maker 11463 - MeM 12681 - The Battle of Britain 13750 - RisiKo! notable misses: Don't Break the Ice
3351 - Lines of Action 3752 - Anzio 3804 - Venture 5258 - Bowling Solitaire 5666 - Monad 10183 - Playboss 11010 - Barbarossa: The Russo-German War 1941-45 11200 - Wu Hsing 13545 - Origins of World War I 14129 - Hang on Harvey! notable misses: Ants in the Pants
2568 - PanzerBlitz 3872 - Paydirt 6210 - NFL Strategy 6599 - Ploy 8330 - Bridgette 9768 - Masterpiece 10460 - The Flight of the Goeben 11048 - Mini Shogi 12808 - Joker Marbles 12967 - Quandary
1255 - Sleuth 2294 - Speed Circuit 3601 - Statis Pro Baseball 4271 - Napoleon at Waterloo 6310 - Alexander the Great 7234 - Executive Decision 7327 - Trireme 8081 - Origins of World War II 9329 - Landslide 10713 - Strategy I: Strategic Warfare 350BC to 1984 notable misses: Mastermind, Crossfire, UNO
2339 - Boggle 2910 - Quebec 1759 3882 - What's My Word? 4847 - Statis Pro Basketball 5594 - Winter War: The Russo-Finnish Conflict 5869 - Sports Illustrated Baseball 5891 - Richthofen's War 6458 - Ultimate Mastermind 7390 - Soldiers: Tactical Combat in 1914-15 7728- The Battle of Borodino: Napoleon in Russia 1812 notable misses: Escape from Colditz Castle, Spoons
1432 - Hare & Tortoise 1752 - Escape from Colditz 2868 - War of 1812 3049 - Tally Ho! 4955 - Conspiracy 5147 - Montage 5480 - Statis Pro Football 5771 - Bowl Bound 6139 - Jockey 6140 - Cartel notable misses: Perfection, Anti-Monopoly
1446 - Wooden Ships & Iron Men 1475 - The Russian Campaign 1481 - Napoleon: The Waterloo Campaign, 1815 1841 - Rise and Decline of the Third Reich 2173 - Kingmaker 2435 - Panzer Leader: Game of Tactical Warfare on the Western Front 2510 - Crude: The Oil Game 3457 - 1776: The Game of the American Revolutionary War 3463 - Ninety-Nine 4403 - Mahé notable misses: Hotel Tycoon, Connect Four
2981 - Battle for Germany 3884 - Frederick the Great: The Campaigns of The Soldier King 4106 - Dungeon! 4457 - World War I: 1914-1918 4463 - 221B Baker Street: The Master Detective Game 4483 - Stellar Conquest 4873 - Torbuk: Tank Battles in North Africa 1942 5755 - Cosmic Wimpout 6147 - La Bataille de la Moscowa 6315 - Epaminondas notable misses: Pay Day
2384 - Panzerguppe Guderian 2889 - Caesar: Epic Battle of Alesia 2952 - Starship Troopers 3218 - War at Sea (Second Edition) 3471 - Terrible Swift Sword: Battle of Gettysburg Game 4090 - Air Force 4127 - Conquistador: The Age of Exploration 4569 - Wellington's Victory: Battle of Waterloo Game - June 18th, 1815 4701 - Submarine 4917 - A Bridge Too Far: Arnhem
665 - Squad Leader 1152 - Cosmic Encounter 1336 - Ogre 1635 - Rummikub 1718 - Victory in the Pacific 1825 - Pente 2088 - Flat Top 2144 - Machiavelli 2585 - Rail Baron 3030 - War of the Ring notable misses: Pass the Pigs
1294 - Junta 1920 - Cathedral 2558 - G.E.V. 3645 - Wizard 4037 - Source of the Nile 4049 - Fortress Europa 4109 - Battles for the Ardennes 4385 - Strat-O-Matic Hockey 4795 - The Next War: Modern Conflict in Europe 5381 - Napolean at Bay: The Campaign in France, 1814 notable misses: Simon, Hungry Hungry Hippos
324 - Dune 1293 - Magic Realm 1584 - Um Reifenbreite 2087 - Big Boggle 2111 - The Awful Green Things From Outer Space 2126 - Circus Maximus 2241 - Star Fleet Battles 3386 - Divine Right 3536 - Freedom in the Galaxy: The Star Rebellions, 5764 AD 3663 - The Longest Day notable misses: Guess Who?, Stop Thief, The Campaign for North Africa: The Desert War 1940-43
325 - Civilization 750 - Can't Stop 1108 - Titan 2094 - Ace of Aces: Handy Rotary Series 2793 - War and Peace 3006 - Good & Bad Ghosts 3497 - Empires of the Middle Ages 3586 - Samarkand 4099 - Dragon Pass 4318 - Trax
1354 - A House Divided: War Between the States 1861-65 1456 - Axis & Allies 1563 - B-17: Queen of the Skies 2188 - Storm over Arnhem 2586 - Dark Tower 2621 - Car Wars 3067 - Ace of Aces: Powerhouse Series 3103 - Cry Havoc 3849 - Dragonmaster 4444 - Black Spy notable misses: Trivial Pursuit
103 - Sherlock Holmes Consulting Detective: The Thames Murders & Other Cases 288 - Survive: Escape from Atlantis! 1281 - Empire Builder 1562 - Rommel in the Desert 2093 - Gunslinger 3140 - Illuminati 3160 - Sequence 3168 - Family Business 3433 - Mhing 3820 - Slapshot notable misses: Phase 10, Upwords
588 - Up Front 920 - Ambush! 1288 - Scotland Yard 1307 - The Civil War 1861-1865 1376 - Empires in Arms 1749 - Take it Easy! 1931 - Wiz-War 1964 - Warhammer: The Mass Combat Fantasy Roleplaying Game (1st Edition) 2292 - Talisman 2424 - Blue Max notable misses: Jenga, LCR
773 - Wizard 1768 - Balderdash 1959 - Heimlich & Co. 2330 - Vietnam 1965-1975 2684 - The Third World War: Battle for Germany 3066 - British Rails 4053 - Fire in the East 4190 - Conquest of the Empire 4526 - Southern Front: Race for the Turkish Straits 5581 - Metropolis
329 - Advanced Squad Leader 1071 - BattleTech 1337 - World in Flames 1671 - You're Bluffing! 1723 - DungeonQuest 1831 - Code 777 2376 - Pacific War: The Struggles Against Japan 1941-45 2433 - Tales of the Arabian Nights 2747 - Russian Front 3272 - Pax Britannica: The Colonial Era 1880 to the Great War notable misses: Pictionary
203 - 1830: Railways & Robber Barons 297 - Die Macher 766 - Britannia 914 - Ikusa 1220 - Kremlin 1620 - The aMAZEing Labyrinth 1710 - Werewolf 1839 - Fortress America 2377 - Escape from Atlantis 2430 - RAF notables misses: Thunder Road, Castle Risk, Fireball Island, Polarity
1195 - Bausack 1663 - Abalone Classic 1869 - Illuminati 2204 - The Fury of Dracula 2349 - Raid on St. Nazaire 2544 - Shark 3223 - Auf Achse 3417 - Black Vienna 3641 - Patton's Best 3693 - 7th Fleet: Modern Naval Combat in the Far East notable misses: Arkham Horror
1053 - Merchant of Venus 1449 - SET 1755 - Inkognito 2142 - Full Metal Planète 2171 - Blood Bowl (Second Edition) 2252 - Angola 2303 - What the Heck? 2348 - Scattergories 2688 - Clue Master Detective 2506 - Ligretto notable misses: Girl Talk
584- HeroQuest 597 - Space Hulk 1420 - Ave Caesar 1965 - Taboo 1982 - A la carte 2458 - Turning Point: Stalingrad 2561 - Aliens 2564 - Advanced Heroquest 2784 - Café International 2791 - Escape from the Hidden Castle notables misses: Electronic Mall Madness, True Colors, Tribond
514 - The Republic of Rome 1302 - Space Crusade 1500 - Eurorails 1564 - Hoity Toity 1624 - HeroQuest Advanced Quest 2001 - Gang of Four 2015 - Daytona 500 2491 - De Bellis Antiquitatis: Quick Play Wargame Rules with Army Lists for Ancient and Medieval Battles 2691 - 1835 2892 - Star Fleet Battles: Captain's Edition Basic Set notable misses: Halli Galli, Key to the Kingdom
178 - Tichu 820 - History of the World 972 - Quarto 1955 - Cosmic Encounter 1999 - Silverton 2034 - EastFront 2148 - Clue: The Great Museum Caper 2223 - Outpost 2259 - Quo Vadis? 2700 - Master Labyrinth notable misses: Advanced Civilization, Nightmare, Dark World
222 - Modern Art 948 - Loopin' Louie 1311 - The Rose King 1441 - Breakout: Normandy 1650 - Confusion: Espionage and Deception in the Cold War 1705 - 1870: Railroading across the Trans Mississippi from 1870 2026 - Loot 2650 - Nobody is Perfect 2683 - Billabong 2330 - SPQR notable misses: Don't Wake Daddy
158 - Magic: The Gathering 1048 - Stick 'Em 1374 - Beyond Balderdash 1642 - We the People 1652 - Lifeboats 1686 - Once Upon a Time: The Storytelling Card Game 2047 - Timbuktu 2338 - Mutant Chronicles: Siege of the Citadel 2497 - Man O' War 2895 - Was sticht? notable misses: 13 Dead End Drive, Europa Universalis
82 - El Grande 401 - PitchCar 410 - Catan 552 - Medici 560 - High Society 867 - Condottiere 926 - Warhammer Quest 1215 - Necromunda 1239 - 1856: Railroading in Upper Canada from 1856 1246 - Middle-earth notable misses: Jumanji, The Great Dalmuti
254 - Hannibal: Rome vs. Carthage 860 - Netrunner 985 - Catan Card Game 1014 - GIPF 1303 - Age of Renaissance 1544 - Show Manager 1571 - Serenissima 2233 - Top Race 2316 - Expedition 2395 - Detroit-Cleveland Grand Prix notable misses: Kill Doctor Lucky
95 - Tigris & Euphrates 302 - For Sale 463 - Bohnanza 946 - Primordial Soup 1005 - Colossal Arena 1199 - Löwenherz 1218 - Turn the Tide 1235 - Quoridor 1412 - Jungle Speed 1530 - Nyet! notable misses: Chicken Cha Cha Cha, Metro, Mississippi Queen, Fluxx, Twilight Imperium, Fresh Fish
217 - Samurai 512 - Through the Desert 955 - For the People 1042 - Liberté 1081 - Elfenland 1118 - Mystery Rummy: Jack the Ripper 1163 - Kahuna 1208 - Guillotine 1611 - Mamma Mia! 1694 - 1849: The Game of Sicilian Railways notable misses: Cranium
167 - Paths of Glory 181 - Ra 272 - Tikal 323 - Lost Cities 371 - Chinatown 405 - Schotten Totten 431 - Roads & Boats 536 - Time's Up! 556 - Torres 682 - ZÈRTZ notable misses: Ricochet Robots, Vinci, The Starfarers of Catan, Bus, Roads & Boats, Apples to Apples, Stephenson's Rocket
183 - Carcassonne 188 - The Princes of Florence 232 - Battle Line 248 - Hive 417 - Citadels 462 - Taj Mahal 663 - Blokus 764 - Web of Power 775 - Dream Factory 802 - La Città notable misses: Lord of the Rings, Star Wars: The Queen's Gambit
490 - DVONN 717 - San Marco 721 - Genoa 862 - Winner's Circle 862 - Wilderness War 880 - Zendo 1055 - The Werewolves of Miller's Hollow 1070 - Medina 1074 - EVO 1114 - Starship Catan notable misses: Risk 2210 A.D., Munchkin
29 - Puerto Rico 123 - Age of Steam 471 - Hammer of the Scots 506 - Carcassone: Hunters and Gatherers 547 - Lord of the Rings: The Confrontation 567 - Wallenstein 610 - Mexica 1023 - Keythedral 1187 - Star Wars: Epic Duels 1296 - BANG!
192 - YINSH 387 - Amun-Re 479 - Alhambra 491 - A Game of Thrones 559 - Coloretto 617 - Carcassonne: The Castle 716 - Santiago 774 - Attika 879 - Hey, That's My Fish! 936 - Domaine notable misses: Ubongo, Fearsome Floors
44 - Power Grid 132 - War of the Ring 145 - Memoir '44 180 - Ticket to Ride 187 - Goa 251 - Antiquity 298 - San Juan 311 - Saint Petersburg 346 - Blood Bowl: Living Rulebook 370 - Heroscape Master Set: Rise of the Valkyrie notable misses: Ingenious, No Thanks!, Betrayal at House on the Hill, Fairy Tale, Tsuro, Cockroach Poker, Niagara, Saboteur, Dungeon Twister, Friedrich, Cockroach Poker
11 - Twilight Struggle 80 - Caylus 83 - Twilight Imperium: Third Edition 126 - Ticket to Ride: Europe 138 - Railways of the World 209 - Glory to Rome 242 - Indonesia 335 - Arkham Horror 383 - Lord of the Rings: The Confrontation 392 - Descent: Journeys in the Dark notable misses: Nexus Ops, Wits & Wagers, Antike, Animal Upon Animal
55 - Through the Ages: A Story of Civilization 152 - Commands & Colors: Ancients 163 - Combat Commander: Europe 201 - Shogun 219 - Imperial 285 - Neuroshima Hex! 3.0 290 - Here I Stand 305 - The Pillars of the Earth 317 - Ticket to Ride: Märklin 380 - BattleLore notable misses: Thurn and Taxis, Taluva, Mr. Jack, Yspahan, Qwirkle, Warrior Knights
19 - Brass: Lancashire 32 - Agricola 65 - Race of the Galaxy 162 - Ticket to Ride: Nordic Countries 198 - Galaxy Trucker 210 - 1960: The Making of the President 228 - Age of Empires III: The Age of Discovery 299 - Notre Dame 308 - In the Year of the Dragon 369 - Kingsburg notable misses: Colosseum, Chicago Express, Thebes, Jamaica, Container, Tammany Hall, Biblios
52 - Le Havre 85 - Battlestar Galactica: The Board Game 101 - Dominion 104 - Pandemic 118 - Stone Age 149 - Cosmic Encounter 230 - Space Alert 279 - Ghost Stories 282 - Dixit 436 - Time's Up! Title Recall! notable misses: Axis & Allies Anniversary Edition, Formula D
90 - Dominion: Intrigue 131 - Chaos in the Old World 134 - Hansa Teutonica 137 - Jaipur 186 - Cyclades 197 - Steam 246 - Imperial 2030 264 - Small World 265 - Dungeon Lords 266 - Telestrations notable misses: The Resistance, Claustrophobia, Tales of the Arabian Nights, Carson City, Tobago, Summoner Wars, Cards Against Humanity, Maria, Ugg-Tect
71 - 7 Wonders 74 - Dominant Species 88 - Troyes 240 - Navegador 241 - Runewars 245 - Alien Frontiers 271 - Sid Meier's Civilization: The Board Game 277 - Merchants & Marauders 330 - Innovation 341 - Fresco notable misses: Hanabi, Labyrinth: The War on Terror 2001-?, Forbidden Island, High Frontier, Escape from the Aliens in Outer Space, Glen More, Vinhos
15 - The Castles of Burgundy 27 - Mage Knight Board Game 54 - Eclipse 100 - Trajan 133 - The Lord of the Rings: The Card Game 143 - A Game of Thrones: The Board Game (Second Edition) 146 - Ora et Labora 166 - Village 168 - Sekigahara: The Unification of Japan 221 - Dixit: Odyssey notable misses: Letters from Whitechapel, Takenoko, King of Tokyo, Risk Legacy, Skull, Star Trek: Fleet Captains, Kingdom Builder, Dungeon Petz, Space Empires 4X
13 - War of the Ring: Second Edition 16 - Terra Mystica 42 - Tzolk'in: The Mayan Calendar 59 - Android: Netrunner 60 - Robinson Crusoe: Adventures on the Cursed Island 75 - Lords of Waterdeep 78 - Keyflower 109 - Kemet 115 - Star Wars: X-Wing Miniatures Game 122 - Descent: Journeys in the Dark (Second Edition) notable misses: The Resistance: Avalon, Targi, Love Letter, Clash of Cultures, Spartacus: A Game of Blood & Treachery, Tokaido, Coup
18 - Concordia 23 - Caverna: The Cave Farmers 87 - Eldritch Horror 94 - Russian Railroads 161 - Nations 196 - Viticulture 208 - Lewis & Clark: The Expedition 211 - Hanamikoji 214 - Bora Bora 231 - Rococo notable misses: BattleCON: Devastation of Indines, Forbidden Desert, Sushi Go!, Quantum
25 - Orléans 48 - Star Wars: Imperial Assault 64 - Fields of Arle 73 - Five Tribes 93 - Patchwork 99 - Roll for the Galaxy 116 - Legendary Encounters: An Alien Deck Building Game 117 - Alchemists 121 - Star Realms 128 - Istanbul notable misses: Dead of Winter: A Crossroads Game, Splendor, Xia: Legends of a Drift System, Camel Up
2 - Pandemic Legacy: Season 1 8 - Through the Ages: A New Story of Civilization 17 - 7 Wonders Duel 24 - Viticulture Essential Edition 31 - Food Chain Magnate 33 - Blood Rage 43 - Kingdom Death: Monster 57 - The Gallerist 63 - The Voyages of Marco Polo 84 - Grand Austria Hotel notable misses: Codenames, Forbidden Stars, Trickerion: Legends of Illusion, Fury of Dracula (Third/Fourth edition), The Grizzled, Baseball Highlights: 2045, Cthulu Wars
4 - Terraforming Mars 9 - Star Wars: Rebellion 10 - Great Western Trail 14 - Scythe 21 - A Feast for Odin 23 - Arkham Horror: The Card Game 34 - Mansions of Madness: Second Edition 47 - Mechs vs. Minions 61 - Aeon's End 72 - Clank!: A Deck-Building Adventure notable misses: Agricola (Revised Edition), Santorini, Inis, Vinhos Deluxe Edition, Secret Hitler, Lorenzo il Magnifico, Inis, Captain Sonar
1 - Gloomhaven 5 - Twilight Imperium: Fourth Edition 7 - Gaia Project 12 - Spirit Island 35 - Pandemic Legacy: Season 2 37 - The 7th Continent 40 - Too Many Bones 45 - Anachrony 49 - Clans of Caledonia 53 - Azul notable misses: Lisboa, Ethnos, The Quest for El Dorado, Photosynthesis
3 - Brass: Birmingham 22 - Nemesis 26 - Root 28 - Everdell 41 - Underwater Cities 66 - The Quacks of Quedlinburg 69 - Teotihuacan: City of Gods 81 - Architects of the West Kingdom 86 - Rising Sun 102 - Decrypto notable misses: Welcome To..., That's Pretty Clever, Keyforge: Call of the Archons
20 - Wingspan 36 - Maracaibo 38 - Marvel Champions: The Card Game 39 - The Crew: The Quest for Planet Nine 46 - Clank! Legacy: Acquisitions Incorporated 50 - Barrage 58 - Pax Pamir: Second Edition 70 - Paladins of the West Kingdom 79 - Tainted Grail: The Fall of Avalon 89 - The Lord of the Rings: Journeys in Middle-Earth notable misses: Res Arcana, Undaunted: Normandy, Dune, Wavelength, The King's Dilemma
6 - Gloomhaven: Jaws of the Lion 51 - Dune: Imperium 56 - On Mars 67 - Lost Ruins of Arnak 76 - Eclipse: Second Dawn for the Galaxy 165 - Pandemic Legacy: Season 0 200 - Viscounts of the West Kingdom 218 - Calico 262 - Kanban EV 286 - Praga Caput Regni notable misses: My City, MicroMacro: Crime City, Marvel United, Imperial Struggle
Nugu Roundup #102 - C=λν - 220710 + Album Giveaway!
Hello and welcome to the latest Nugu Roundup! What is this?: This is a bi-weekly feature designed to highlight the unknown/underappreciated groups and soloists working hard in the Kpop world that often fall under the radar. Please share your own information, favorite performance videos, fanmeet stories, or anything else relevant below! In the last roundup we celebrated Pride Month with Lionesses. This week let's check out the future of Cube with LIGHTSUM! Look at the first comment below for the winner of the 54th album giveaway plus details on this roundup's album up for grabs! What is Nugu?: While in Korean it literally means 'Who' in the broader Kpop context it refers to groups that are generally unknown amongst the greater public. It doesn't have to mean they're extremely new, though it can, and there are of course varying degrees of 'unknown' which some groups having very strong niche fandoms and others being almost invisible. I take a fairly broad view and will include groups that may be known to some, but who don't have widespread name recognition. Let's get on with the show... ________________________________________________________ LIGHTSUM Who are they?: An eight member girl group under Cube Entertainment. Their name comes from the desire to bring hope and positive energy to everyone and share their light with the sum of the world. Their fandom name is SUMIT meaning that fans with become "IT" the focus of LIGHTSUM and together they will climb the SUMMIT. Company: Cube Entertainment is known for girl group G-(I)DLE and boy groups BTOB and Pentagon as well as LIGHTSUM, plus a number of soloists including Jo Kwon and Peniel. They are the former home of girl groups 4MINUTE and CLC as well as boy group BEAST and special project groups TROUBLEMAKER and Triple H. They founded the music school and trainee incubator Modern K Music Academy in conjunction with RBW and Shinsadong Tiger. Members
Position: Leader, Main Dancer, Lead Vocalist
Real Name: Lee Juhyeon
Age: 18 (IA)
Facts: She has had the longest trainee period in the group, joining Cube in 2014 as a trainee. She is not the eldest in the group, and is in fact the youngest leader of any non-kid or tween idol group, likely selected because of her long trainee experience. She competed in The Unit and Dancing High. She chose to take her high school equivalency exam instead of perusing a traditional high school path. She has been dancing since she was in 2nd grade and took part in dance cover teams and cheerleading through elementary and middle school. She can speak Japanese and helped Japanese member Hina acclimate to Korean. She is very animated when she speaks using a lot of hand gestures, leading other members to nickname her Robotju because her motions reminded them of robots. She is good friends with Soyeon who joined Cube as a trainee shortly after she did, and though she's Soyeon's senior in terms of time at Cube she calls Soyeon her senior because she debuted first. She can play the guitar. Her mother runs a snack shop. Her role models are BoA and Hyuna. She enjoys mint and yogurt candies but not in combination with chocolate, and doesn't care for chocolate at all.
Position: Lead Dancer, Rapper
Real Name: Yoon Sangah
Age: 19 (IA)
Facts: She is the eldest member of the group. She was passed auditions at many agencies including MLD, JYP, YueHua, and Source Music. She is very athletic and a big sports fan. She plays baseball, badminton, and has practiced gymnastics and rock climbing. She's a big fan of the SSG Landers baseball team, and says that if she wasn't an idol she'd have wanted to be an Olympian or a professional cheerleader. She says as a child she loved watching the ISAC events and she dreamed of becoming an idol so that she could take part in them. The other members say she has a friendly bubbly and spontaneous personality, and sometimes they run into her in the elevator asking where she's going and she says she won't know until she gets there. Her favorite type of songs to listen to are ballads. The group's Maknae Jian follows her around the most. Her favorite food is chicken and she wants to do a CF for Pelicana Chicken, which is her favorite restaurant. The other members always trust her judgement on where to eat and say she's never led them wrong. She was a fan of SNSD as a child and says they inspired her to become a singer. Her role models are Suzy and CL. She also likes spicy foods like Buldak Ramen and Sichaun Chinese food.
Position: Main Vocalist
Real Name: Han Chowon
Age: 19 (IA)
Facts: She competed on Produce 48 and was the victim of vote manipulation, rightly placing sixth where she would have become a member of IZ*ONE but had her score dropped so that her announced final ranking was 13th, just missing the group. She can play the piano, guitar, organ, and drums. She has a natural affinity for math. The younger members say that they were intimidated by her at first but found she was warm and caring after they got to know her. She and Sangah have a Tom & Jerry relationship. She has appeared in a number of Korean Movies, Dramas, and Web Dramas. Her favorite type of music to listen to is R&B, but she likes playing classical and jazz on the piano. She has a large perfume collection and matches different scents to her different outfits. She says she has a special affinity for red and burgandy, but wants to try out ash grey hair. Her favorite food is gopchang, and says she and Sangah once ate $70 worth together.
Position: Main Vocalist, Lead Dancer
Real Name: Kim Yayoung
Age: 19 (IA)
Facts: She is from Chuncheon, a city to the northwest of Seoul known for beautiful lakes and chicken farming. She is a former Banana Culture trainee and took part in Produce 48. She had taken part in a multi-company audition and had passed FNC, Source Music, and Woollim as well, but chose Banana Culture. She started training in dance because she was painfully shy in school and thought it would be a way for her to become more outgoing. She is very popular amongst Japanese fans. She prefers a clean and simple style, usually picking a white shirt and accessorizing around it. She says she has the food tastes of a grandmother, with her favorite foods being eggs with black sesame and Yeon Yanggaeng, a traditional Korean sweet made of red bean paste.
Real Name: Nagai Hina
Age: 19 (IA)
Facts: She is Japanese and from Tokyo. She attended the Maru Dance Academy, which is a Kpop academy in Tokyo, where she was scouted by Cube's Japanese office. She came to Korea in 2019 but had to briefly return to Japan because of COVID. She has studied ballet for 12 years. She is a big fan of Twice, and says Sana is her favorite and her role model. She would spend her pocket money on Twice albums in Japan and attended Twice high touch events and their concert at the Tokyo Dome. Her favorite food is grilled chicken with bones, she doesn't like cherry tomatoes and hates carbonated drinks.
Real Name: Lee Yujeong
Age: 18 (IA)
Facts: She competed in Produce 48. She was a junior cheerleader for the SK Knights basketball team, and appeared in a regional production of Les Miserables as Young Cosette. She has filmed CFs for Nike, Coca Cola, and a Korean Red Ginseng product. She is a former CNC/Stardom Entertainment trainee. She is good friends with Dayeon of KEP1ER and Yubin of Bling Bling. She says Chowon is her best friend in the group. She procrastinates a lot but she's also a perfectionist so she'll stay up late to finish something right after delaying it. Her role models are IU and Tayeon. Tteokbokki is her favorite food, and she doesn't like seafood.
Real Name: Oh Huiyeon
Age: 16 (IA)
Facts: She trained as an actress under Snowball Entertainment and passed early auditions for JYP and P Nation. She attended a dance school and though she doesn't have an official dancer role in the group she's been featured as a dancer in their MVs. She says Sangah is her mentor in the group. She loves to ride rollercoasters. She has experience with figure skating. She is good at Aegyo and Yujeong says she taught her how to do it. She's often mistaken for the Maknae since Jian has a mature appearance. She likes bitter things like espresso and Korean Black Ginseng, and also rice noodles and bean sprout soup. She says that the one thing she can't eat is stinky tofu.
Position: Vocalist, Rapper, Maknae
Real Name: Kim Jian
Age: 15 (IA)
Facts: She is a former JYP Trainee. She is said to resemble a Sanrio cat character and has been nicknamed Jinyang (presumably because of the cat-like persona as opposed to any ability to tell hotdogs from other things). She writes her own rap lyrics. She was cast into Cube via someone noticing her social media accounts. She was one of the youngest idols to officially debut at the time, having been born after the debut of groups such as Brown Eyed Girls and Big Bang, and only three months before previous Cube senior Hyuna debuted in Wonder Girls. She is good friends with Mire of TRI.BE and Joa of Weeekly. Her favorite food is Sushi, and she hates beets.
Debut: June 10th, 2021 with Vanilla (MV) Live Stage (Link) Dance Practice (Link)
Song: Their debut single album, this song invites listeners into LIGHTSUM's fantasy world to taste their exotic vanilla flavor and have a spell cast over them that all of their dreams will come true, with the special sweetness that comes from falling in love. The song itself combines elements of EDM dance and an upbeat cute pop sound.
First Comeback: October 13th, 2021 with Vivace (MV) Live Stage (Link) Dance Practice (Link)
Song: The title track from the group's Maxi-Single "Light a Wish" this song was inspired by the Italian phrase for "quick and lively" and carries the message that the group is on a journey of "we" and will spread their light and positivity to the world. The song itself embraces a combination of future bass and glossy glitz-pop with a more mature and elegant image.
Most Recent Comeback: May 24th, 2022 with Alive (MV) Live Stage (Link) Dance Practice (Link)
Song: The title track from their first EP "Into the Light" this is described as a "Fusion Groove" that blends EDM, Pop, and House. The MV features updated trendy school and sporty looks and speaks about how falling in love can add light and color to an otherwise boring life.
Trivia: All of the members are fans of Pumpkin Juice which they drink whenever promoting for its health benefits. While the group has official positions they're somewhat fluid in actual performances and MVs with non-Main/Lead positions often getting focus elements in their songs. Another name that was considered for the group was GRIT, an acronym for "Girls Rising in The world", but it was abandoned because of the similarity in name to a Korean brand of yogurt. The group has been appointed ambassadors for the Korean Children's Diabetes Foundation and were representatives for the Korean Department of Defense's Anti-Smoking campaign. They have performed in Austria at the Danube River Music Festival and will be performing in the USA at KCON LA in August. ________________________________________________________ Soloist of the Week HANEOL Who is he?: A male singer-songwriter and soloist under Big Soul Records. Real Name: Park Haneol Age: 24 (IA) Debut: June 8th, 2018 with Only You Don't Know (MV) Live Performance (Link)
Song: His debut digital single, this light cute acoustic song is praise for a lover for their various charms.
Composers/Producers:Park Haneol (original artist)
First Comeback: August 23rd, 2018 with Can't Even Remember (audio) Live Performance (Link)
Song: His second digital single, this hopeful acoustic song was inspired by laying in his bed on a summer night looking into the sky and contemplating the long-term effects of chance meetings and how small things that happen during a day can lead to major events in the future.
Second Comeback: November 20th, 2018 with Leave it at That (audio) Live Performance (Link)
Song: This emotional ballad is his third digital single, with the song being about finding himself at an emotional crossroads in life, dealing with heartbreak and unsure of the future, and looking back to see that with what he knew he couldn't have made any other decisions so taking comfort in knowing he did all he could.
Composers/Producers:Park Haneol (original artist)
Third Comeback: January 10th, 2019 with Fantasy (MV)
Song: His fourth digital single, this mid-tempo pop ballad talks about how keeping secrets from someone you love is like greed and is like living in a fantasy world.
Composers/Producers:Park Haneol (original artist)
Fourth Comeback: June 17th, 2019 with Anyway (audio) Live Version (Link)
Song: His fifth digital single, this pop ballad was intended to inspire thoughts of being the main character in a fairytale hearing a faint melody that reminds you of your first love.
Composers/Producers:Park Haneol (original artist)
Most Recent Comeback: May 24th, 2021 with Fantasy 2021 (MV) Live Performance (Link)
Song: An updated remake of his song from 2021 he wanted to showcase his growth musically.
Trivia: He is currently competing in the competition show Stars Awakening in the SingeSongwriter group. He gained some public attention for taking part in the Love Task OST pre-debut. ________________________________________________________ IN MEMORIAM UNDERDOG Who were they?: A four to six member boy group who began independent and later signed with 2ABLE company. Their name was inspired by everyone rooting for the underdog and wanting to give inspiration to those who always lost letting them know someday they could win. Company: 2ABLE Company is also known for disbanded girl group A.DE, soloist Chere, and their acting division 2ACTORS. Debut: June 14th, 2013 with Can't Stop (audio) Live Performance (Link)
Song: Their debut digital single, this combines dubstep elements with throwback vocal pop in order to showcase their unique vocal color. The group handled composition, production, and choreography themselves.
Composers/Producers:Underdog (original artists), Min Chulhong (no other credits found)
First Comeback: December 31st, 2013 with Delete (audio) Live Performance (Link)
Song: Their second digital single, this vocal-driven dance-pop track with fun retro synth elements features lyrics meant to comfort women who've gone through a breakup like a warm hug.
Composers/Producers:Kim Yeonsoo (no other credits found)
Second Comeback: March 10th, 2014 with Hold My Hand (audio)
Song: Their third digital single and their first ballad, this rich emotional song speaks to everyone having wounds and emotional struggles, but that you can find someone to hold on to and comfort you to let you know the world won't forsake you.
Final Comeback: June 26th, 2015 with Zombie Run (MV) Live Performance (Link)
Song: Their fourth and final digital single, this song also features their first and only MV. This hip-hop song with some retro elements takes a humorous lyrical approach to comparing wanting to drop everything and run to enjoy freedom to being chased by or running as zombies.
Composers/Producers:Lee Gukhyun (Hello Goodboy) (see above)
Active Between: June 2013 - Sometime in 2017 Reasons for Disbanding: After 2ABLE signed the group it sent two members to the Produce 101 but though they'd announced a full comeback for the group it never materialized, and appears they decided to simply work with the members as individuals. Trivia: 2ABLE signed the group in 2016 and signed an additional seven member, but the group never had a comeback under their agency. Member Yongjin Roel were sent to compete in Produce 101. While Produce 101 was ongoing leader of the group Steelo was arrested under suspicion of being involved in a drug smuggling ring in Seoul's Gangnam district as part of a large Seoul Metropolitan Police dragnet that arrested 19 people in total. Yongjin later changed his stage name to Jini and joined the group AWEEK and later MEGAMAX where he is currently a member. Roel changed to going by his real name Wontak and took part in special project group RAINZ and is now a soloist. _______________________________________________________ That's it for today, let's get the discussion on! As always, if you have any suggestions for groups, content, or things you'd like to see, please let me know in the comments below. Also as always, a big shout-out to u/not-named-in-credits for founding nugutown and u/sharnaranwan for continuing the work over there.
29 different songs so far on the Once Twice Melody tour is a bit less than usual, but it's still an impressive variety for a band showcasing a sprawling, four-part album. Plus as the shows get even more visual, it probably gets harder to expand the live catalog.
Even more impressive is how few songs they've never performed live! I imagine several more from OTM will be debuted when they're ready.
This tour has had no songs from Devotion and only one each from TYLS and the self-titled debut. But they definitely remembered those albums on the 7 tour.
The most surprising 2022 omissions are probably Sparks, 10 Mile Stereo, Wild, and Master of None. I'd bet one or more of those are performed again later in this tour or the next time around.
I can't believe it's been almost 7 years since "Zebra" was performed. I used to think it was their biggest song when Teen Dream first came out, but clearly that's changed over the years.
Please, please, please resurrect "Troublemaker." It's been soooo long. I'll be seeing BH for the 10th time in a few weeks, and I'm requesting it every day.
2022 Over and Over - 6/11/22 (Bergen, NL) Space Song - 6/11/22 (Bergen, NL) New Romance - 6/11/22 (Bergen, NL) Myth - 6/11/22 (Bergen, NL) Lemon Glow - 6/11/22 (Bergen, NL) Only You Know - 6/11/22 (Bergen, NL) Take Care - 6/11/22 (Bergen, NL) Superstar - 6/11/22 (Bergen, NL) PPP - 6/11/22 (Bergen, NL) Pink Funeral - 6/11/22 (Bergen, NL) Silver Soul - 6/11/22 (Bergen, NL) Dark Spring - 6/11/22 (Bergen, NL) Lazuli - 6/11/22 (Bergen, NL) Once Twice Melody - 6/11/22 (Bergen, NL) Modern Love Stories - 6/9/22 (Copenhagen, DK) On the Sea - 6/9/22 (Copenhagen, DK) Through Me - 6/9/22 (Copenhagen, DK) Black Car - 6/8/22 (Berlin, DE) Levitation - 6/8/22 (Berlin, DE) Drunk in LA - 6/7/22 (Koln, DE) Girl of the Year - 6/2/22 (Nimes, FR) Wildflower - 5/31/22 (Paris, FR) Somewhere Tonight - 5/24/22 (Manchester, GB) Beyond Love - 5/24/22 (Manchester, GB) Hurts to Love - 5/21/22 (Dublin, IE) Masquerade - 4/10/22 (Los Angeles, CA) Saltwater - 4/8/22 (Berkeley, CA) Wherever You Go - 3/30/22 (Denver, CO) Bluebird - 3/22/22 (Raleigh, NC) 2019 Dive - 8/18/19 (Las Vegas, NV) Elegy to the Void - 8/18/19 (Las Vegas, NV) Wishes - 8/18/19 (Las Vegas, NV) Sparks - 8/18/19 (Las Vegas, NV) One Thing - 8/18/19 (Las Vegas, NV) 10 Mile Stereo - 8/18/19 (Las Vegas, NV) Alien - 8/18/19 (Las Vegas, NV) Wild - 8/18/19 (Las Vegas, NV) Irene - 8/10/19 (Waynesville, OH) Master of None - 8/10/19 (Waynesville, OH) Walk in the Park - 8/10/19 (Waynesville, OH) Rough Song - 8/8/19 (Milwaukee, WI) L’Inconnue - 8/8/19 (Milwaukee, WI) Pay No Mind - 8/7/19 (Grand Rapids, MI) Woo - 8/7/19 (Grand Rapids, MI) The Traveller - 8/7/19 (Grand Rapids, MI) Real Love - 8/6/19 (Cleveland, OH) Astronaut - 8/6/19 (Cleveland, OH) Heart of Chambers - 3/4/19 (Sydney, AUS) New Year - 2/28/19 (Perth, AUS) 2018 Lose Your Smile - 10/20/18 (Dublin, IE) Norway - 10/19/18 (Manchester, GB) Gila - 10/12/18 (Utrecht, NL) Home Again - 8/23/18 (Brooklyn, NY) Apple Orchard - 8/14/18 (Salt Lake City, UT) Chariot - 7/27/18 (Raleigh, NC) 2017 Equal Mind - 8/16/17 (Sestri Levante, Italy) 2016 Days of Candy - 11/3/16 (Brooklyn, NY) Majorette - 11/3/16 (Brooklyn, NY) All Your Yeahs - 8/24/16 (Las Vegas, NV) Other People - 8/20/16 (Kansas City, MO) Turtle Island - 8/14/16 (Iowa City, IA) The Hours - 8/8/16 (Boise, ID) Everybody's Got to Learn Sometime (The Korgis cover) - 7/15/16 (Chicago, IL) 10:37 - 5/3/16 (Seattle, WA) Tokyo Witch - 5/3/16 (Seattle, WA) House on the Hill - 5/3/16 (Seattle, WA) She's So Lovely - 5/3/16 (Seattle, WA) D.A.R.L.I.N.G. - 5/3/16 (Seattle, WA) 2015 Undone - The Sweater Song (Weezer cover) - 11/5/15 (Luxembourg) Zebra - 9/22/15 (Minneapolis, MN) 2014 Summit - 10/6/14 (Montreal, QC) 2013 Lover of Mine - 9/6/13 (Mexico City, Mexico) Used to Be - 9/6/13 (Mexico City, Mexico) Troublemaker - 8/28/13 (Sao Paulo, Brazil) Better Times - 6/6/13 (Washington, DC) You Came to Me - 4/16/13 (Baltimore, MD) 2012 Auburn and Ivory - 9/28/12 (Oakland, CA) 2010 White Moon - 7/1/10 (Berlin, Germany) Lemonade (Gucci Mane cover) - 4/17/10 (Indio, CA) Festival - 1/26/10 (Brooklyn, NY) Wedding Bell - 1/24/10 (Park City, UT) Some Things Last a Long Time (Daniel Johnston cover) - 1/24/10 (Park City, UT) 2009 All the Years - 8/30/09 (Brooklyn, NY) 2008 Lovelier Girl - 3/15/08 (San Francisco, CA) Holy Dances - 3/15/08 (San Francisco, CA) 2007 Childhood - 3/4/07 (Washington, DC) NEVER PERFORMED (songs with no record of live performance) Heart + Lungs Last Ride Marin's Dreams Runaway ESP Sunset Another Go Around Illusion of Forever Finale The Bells Many Nights
Mar/3/2022: Gazprom's $165 contract; Armenia to measure gas quality on border __ Will produce fertilizer & meat locally __ Karabakh map on Russian TV __ Fiber optic __ Univ. revoked after "selling diplomas" __ Inflation __ Mining royalties __ North-South-East railway reconstruction __ Ukraine war
Welcome, new readers. This is your daily 15-minute Thursday digest in 3871 words.
small farms will receive subsidies to purchase fertilizer
Global fertilizer prices skyrocketed recently. During today's session, the government approved a 50% subsidy ($18) for nitrogen/phosphorus/potassium fertilizer bags. The prices recently went from $16 to $39. Economy Minister Kerobyan: I would like to use this opportunity and call on the villagers to cultivate their lands as much as possible because we anticipate serious food security challenges. On the other hand, we see that food prices are rising so agriculture could become more profitable in many areas again. // Pashinyan: We've witnessed multiple "inflation earthquakes" in recent years. The first was Covid, and now the developments in Ukraine. Food prices are rising. The negatives aside, the land cultivation could become more profitable. We decided not to charge small farmers for water if they install a drip irrigation system, but it's necessary to monitor this program. Traditional agriculture has no future because of water shortage. It's necessary to switch to intensive gardening. // Kerobyan: Global climate change led to +3.5C temperatures in Armenia last year. It's unprecedented. We need to conserve water and redirect it to agriculture. // 1 )(https://armenpress.am/arm/news/1076987.html) 3
government is drafting a plan to produce fertilizer in Armenia
government is drafting a plan to make Armenia more self-sufficient in meat, poultry, cattle
A new pilot program will launch to help businesses invest in large-scale livestock projects. Minister Kerobyan: Our self-sufficiency is quite low in cattle, pig, and poultry. The draft proposes up to 35% reimbursement of capital expenditures on large projects within 5 years of making the investment. It will be overseen by one of the Big Four audit firms to guarantee effectiveness. The goal is to have large agricultural complexes that will provide enough food. Invest $1 million now, and we'll refund $350,000 within the next five years. // Armenia's main poultry source is Ukraine. There are plans to increase imports from the U.S. and Brazil because of the conflict. 12
Armenia has egg surplus. What to do with them?
Egg prices recently plummeted, forcing one manufacturer to go out of business. Competition Commission: We have a surplus in Armenia. The Economy Ministery and poultry businesses are discussing plans to either export the eggs or to turn them into other products. What's notable is that this time the price drop was a result of policies by small manufacturers with <5% market share. There was a chain reaction. We're trying to minimize regulatory intervention as much as possible, but we'll keep an eye on the egg market ahead of the Easter celebrations. // 12
Gas "price hike" or "calorie hike"? Negotiating for a $165 gas for 10 years.
For years, some consumers speculated that Russian gas supplier was "cheating" the consumer through calorie manipulations. People would anecdotally use a timer to measure how long it takes to boil water on a gas stove. From a January 14 report: The gas price for Armenia will remain $165, but it could reach $177 if the gas quality increases. This isn't a new gas agreement. The Gazprom contract, signed in 2013, envisaged adjustments of the calorific value of gas, which will be applied starting April 1. // Higher quality gas gives more energy, so the seller wants to be "compensated". Gazprom has asked the public utility regulator to set the adaptive pricing model starting in April. For consumers, it translates to between $266 and $283, depending on the quality. Studies conducted in the past few months indicate that Armenia has been receiving higher-quality gas. That means if the pricing were to be approved by the regulator today, consumers would pay $283. // Pashinyan during today's session: Global gas prices skyrocketed last year. We negotiated to preserve the $165 contract. The April price change is related to gas calories. Gazprom raised the calorie for Armenia last year. This price change won't impact 100,000 low-income families, while the residents living near the borders receive subsidies. Utility regulator: The issue of gas calories existed since 2013. There was a calorie adjustment formula but Gazprom repeatedly delayed its implementation due to accumulated problems. This year we addressed all the problems. The issue of preserving the $165 border price for the next 10 years is being solved. It makes sense to calculate the tariff by calorie now. Pashinyan: It is important for all of this to be regulated through institutional means. Utility regulator: We will monitor the gas calorie on the Armenia-Georgia border. The average will be applied to all consumers. [This year's] gas prices were calculated based on the average calorie in 2021, which was 8398. If this year the calorie is lower, the price will drop in 2023. // Officials said there is an opportunity to use "gas volume correctors" in households, and didn't rule out that in the future the gas calorie could be monitored in each household instead of doing it on the border, but right now "it's better to do it on the border". 1234 Tags: #gas #Gazprom
Armenia's budget received $70 million additional revenues from a recent tax hike on miners: Economy Minister
Kerobyan: We are establishing a procedure for export licensing. The export of copper and molybdenum concentrates is temporarily restricted. When we [raised the mining taxes because global metal prices were up] in July 2021, we expected it to generate an additional ֏35B in revenues within the following 6 months. That is exactly what happened. High profits from the exploitation of the country's subsoil will be directed to the development of the manufacturing industry, etc. // http://arka.am/en/news/business/armenia_imposes_temporary_restriction_on_export_of_copper_and_molybdenum_concentrates_/
the construction of Armenia-Iran-Azerbaijan railway is entering the fieldwork phase
Pashinyan: The field works of the Yeraskh-Julfa-Ordubad-Meghri-Horadiz railway's Armenian part, namely of the Meghri region are commencing. Preparatory work is planned for the 43km in the Yeraskh-Meghri section. This is an important event. I'd like to express hope that simultaneously we will de jure record the agreements reached during trilateral meetings in Sochi and Brussels. // Infrastructure Minister: We'll study these locations and specify the standards of ordering the blueprinting works. A number of topics will be studied in these locations: tunnels, halls, stations, irrigation pipes, etc. We're dispatching a specialized 9-member team, comprised of Armenian scientists and South-Caucasian Railways experts. // https://armenpress.am/arm/news/1077021.html
dozens of famous cultural & gov't buildings will become disability-friendly
The government approved a plan drafted by the Urban Development Committee to revamp 20 buildings within the next few years. Opera building, Sundukyan Theater, Madenadaran, National Library, govt/court/police buildings, etc. https://www.armtimes.com/hy/article/232326
Team Telecom lit up Jermuk's 25Gbps fiber-optic network
The ISP's NGN (Next Generation Network) continues to expand throughout Armenia. Team Telecom: The 70-1000 Mbps internet packages will be available to almost every apartment in Jermuk, in addition to TV and phone. We plan to connect every settlement of Armenia to this network. It's already available in Gndevaz, Kajaran, and the districts of Davtashen and Arabkir in Yerevan. // 12
High-Tech & Industry Minister Vahagn Khachaturyan is elected as president
The position is largely ceremonial. The Parliament elected him during the second round with 71-0 votes (64 needed). Artsakh President Harutyunyan: Congratulations. Your rich experience, knowledge, and skills will greatly contribute to the successful implementation of your responsibilities in this responsible position, continuously strengthening the Armenia-Artsakh-Diaspora unity. Russian President Putin: Congratulations. I am convinced that your activity in this high position will contribute to the further development of Russian-Armenian allied relations and the advancement of mutually beneficial Eurasian integration processes for the benefit of our brotherly peoples, for the benefit of regional security and stability. 123
anti-corruption: a medical university loses license after NSS uncovers diploma scheme involving foreign students
On Tuesday, Education Ministry revoked the license belonging to St. Theresa Medical University in Yerevan, not to be confused with the main "Yerevan State Medical University". The students will be transferred elsewhere. NSS reported on Thursday: In 2020-2021, the university officials sold diplomas to 105 Indian and Bangladeshi students after receiving a $3,000 bribe from each. A criminal case is launched for giving and taking a bribe, and committing forgery. // 12
Macron invites Pashinyan to attend Armenian-French forum on March 9
Macron: I am glad that our contacts continue to strengthen due to the adoption of the roadmap for economic cooperation, vaccine assistance, and the recent establishment of the French Institute in Armenia. The march 9 forum will aim to promote the sustainable development and prosperity of Armenia. I will be glad to receive you in Paris on this occasion to mark the 30th anniversary of the establishment of diplomatic relations. // https://armenpress.am/arm/news/1077057.html
Armenian man continues to gain international fame after setting a world record
Roman Sahradyan set a Guinness World Record by performing 23 pull-ups in 1 minute from a flying helicopter. Video. 12
soccer star Henrikh Mkhitaryan is retiring from the national team
I remember when I first put on my National Team jersey, this was in a friendly against Panama, and my first goal for my nation, in a World Cup qualifier against Estonia. It was an honor to play for my nation for the past 15 years
1842: Oil magnate and benefactor Alexander Mantashyan is born. He bought unprofitable oil wells in Baku and made them profitable 1861: Slavery is abolished in Russia 1918: Treaty of Brest-Litovsk is signed between Bolsheviks and Central Powers to end Russia's participation in WW1. Soviet Russia defaulted on all of Imperial Russia's commitments to the Allies and eleven nations became independent in eastern Europe and western Asia. Russia lost nearly all of Ukraine, and the three Baltic Republics were ceded to Germany. DON'T LET PUTIN KNOW. 1949: Architect and musician Arthur Meschyan is born. 1959: Matenadaran opens in Yerevan. It houses 23,000 manuscripts and 300,000 archived documents. https://armenpress.am/arm/news/1076955.html
Ethnic Armenian resident of Kherson was killed during the encirclement and capture of the town located north of Crimea. In the southeast, Russian troops encircled the large city Mariupol. A group of Armenian residents successfully evacuated with a car column and headed towards the west. Some Armenians remain in the besieged city. An amphibious operation is reportedly planned to capture Odessa in the southwest. The Russian convoy headed towards Kyiv from the north has "stalled", likely awaiting resupplies and reinforcements. Ukrainian fighter jets were seen carrying out missions. Ukraine said they are targeting Russian convoys, but didn't specify where. A week before the invasion the Ukrainian military presented its 125mph "Punisher" drone. This "stealth" drone can carry 3 explosives capable of destroying vehicles and personnel within 50 meters, they reported. At first they send a small surveillance drone, and once it locates the target, the Punisher is used. The Ukrainian engineer said they've been using it against the breakaway Donbas region for several years. Ukraine reported using the Punisher drone 60 times after the invasion to target Russian fuel storage, ammo supplies, and radars, "up to 30 miles behind enemy lines". 12345
... VOMA's Vardanov about the war
Mil. expert Vova Vardanov: Russia is using jets and very rarely drones, while Ukraine relies on drones. Turkish armies used 80,000 soldiers against tiny Artsakh in 2020. Russia also advanced around 80,000, but on a much bigger territory in Ukraine. Who is warring? On one corner it's our friend Ukraine that sent mercenaries to fight against us in the 1990s. On the other corner, it's Donbas that sent artillery officers to fight against Armenia in the 1990s. Then there is ally Russia that sold weapons to our enemy in exchange for cash, like a true mafia. Armenia must chill and observe the events to learn. // Continue: 1
FM Lavrov: We remain committed to the demilitarization of Ukraine. There should be a list of weapons that can never be deployed or created in Ukraine. // Russia recognizes Zelensky as Ukraine's leader and welcomed as a "positive step" the fact that Zelensky wanted to receive security guarantees. "Our negotiators are ready for the second round." Zelensky said Russia needed to halt its bombing before further talks. As of writing this, there were reports of Russia and Ukraine reaching a humanitarian agreement. 1
... I voted for independence of Donbas, not war: Russian MP
Mikhail Motveyev from the right-wing LDPR party (controlled opposition) was one of the MPs who voted for Russia to officially recognize the independence of Donbas. MP Motveyev: The war must stop immediately. My vote for the independence of Donbas was a vote for Russia to become a shield so Donbas wouldn't be bombed, not for bombing Kyiv. 1
... Task Force KleptoCapture
The U.S. will launch a new Justice Department group "KleptoCapture" to enforce the sanctions against Russian oligarchs. It will combat efforts (including through crypto) that undermine the restrictions and will seize assets belonging to the sanctioned individuals. 1
... Japan and Sweden warn Russia after airspace violations
Japan scrambled a fighter jet to respond to an unwelcomed helicopter, believed to be Russian, near a northern island of Hokkaido. There were Russian military drills not far away. Swedish MOD called its airspace violation "unacceptable" after 4 Russian jets briefly entered its territory over the Baltic Sea. 12
... Finnish airlines have to take a long detour to reach East Asia
... Russians started leaving the country for good: Finland Railways official
A wave of travelers started packing high-speech trains from St. Petersburg to Helsinki, they are leaving for good, you can see that from the luggage they carry, said the railways official. 1
... Russia says its economy is taking serious blows as isolation grows
Putin's spokesman Peskov: Russia's economy is experiencing serious blows. But there is a certain margin of safety, there is potential, there are some plans, work is underway. 1
... Russian businessman places $1m bounty on Putin's head
Entrepreneur Alex Konanykhin: I promise to pay $1,000,000 to the officer(s) who, complying with their constitutional duty, arrest(s) Putin as a war criminal under Russian and international laws. // Kononyakin was arrested in the US in 1996 after Russian authorities claimed he had embezzled $8M from a Russian bank. FBI agents testified that the Russian mafia had taken out a contract on Konanykhin. He was granted political asylum. 1
... Azerbaijani authorities dispersed an anti-Russian protest in Baku
A small group of protesters gathered in front of the Russian embassy to protest the "child killer Putin". 1
... Russian stocks in London lose 98% of value, become penny stocks
$572B wiped out from the market in two weeks. Sberbank -99%, Gazprom -98%, Severstal -99.9%, Rosneft -79%, Lukoil -99%. With the Russian central bank taking the unusual step of suspending stock trading on the Moscow exchange (3 days, longest since 1998), trading elsewhere is an indication of how local equities may react once it eventually resumes. 12
... U.S. and EU impose new restrictions on Russia and Belarus
Russia's oil refining sector won't be able to import some products for the modernization of its oil & gas extraction equipment. The EU banned 70% of Belarus exports to EU (wood, timber, steel and iron, cement, rubber, fuels), and the flow of European machinery to Belarus. 22 ranking Belarusian military officials were also sanctioned. 123
... hundreds of Russian business owners want to move to Armenia
Many are from the IT industry and requested information on how to move an entire business, with its staff, to Armenia. Others are individuals who run small businesses. Diaspora Office is getting requests, including from non-ethnic Armenians. 1
... war is forcing European "green" parties to consider coal
Europe could see the consequences of Russian sanctions in the coming weeks and months, warns the author. It's all about energy. Macron warned the French public about difficult days that are yet to come. Germany is heavily dependent on Russian gas. One option is nuclear energy, but they planned to shut down multiple reactors by the end of this year. Now there are discussions on whether it's a good idea. Germany announced the establishment of a strategic stockpile of coal and gas. Germany's pro-environment party said "nothing is a taboo" when asked if they'd consider coal. Italy's government has prepared plans to resort to coal or oil power plants if gas supplies drop. 1
... Canada will impose 35% tariffs on goods from Russia and Belarus
Russia and Belarus will no longer receive the benefits and low tariffs that Canada offers to other countries that are fellow members of the World Trade Organization. The only other country is Best Korea. 1
... Russian oligarch Abramovich is selling British "Chelsea" soccer club
The proceeds will "benefit all victims of the war in Ukraine". He believes the "difficult decision" is "in the best interest of the club and the fans". 1
... Germany did not seize Russian billionaire Alisher Usmanov's mega-yacht
Forbes initially reported: The 512ft yacht is reportedly worth almost $600M. It was seized by authorities in Hamburg while undergoing a refitting job. It took over 4 years to build the "customized" yacht for Usmanov. It is the world's largest motor yacht by gross tonnage and has the largest swimming pool ever installed on a yacht. // Their correction says German authorities are having difficulty tying the yacht to Usmanov because of offshore registration shenanigans. 1
... Russia's isolation continues
Russian figure skaters are banned from world championships. World Bank halts all programs in Russia and Belarus. There weren't many in recent years. IKEA halts operations in Russia and Belarus. A video allegedly showed Russians forming long lines to make their last purchase. Just as in 2014, many Russians recently opted to purchase tangible goods with ruble in anticipation of further devaluation. Smirnoff vodka and Guinness paused exports to Russia and Ukraine. Netflix has paused new projects in Russia. Fashion outlets H&M has paused all sales. Oracle suspended all operations after pressure from Twitter. Ukrainian government has been urging 50 companies to boycott Russia. Video game maker EA is removing Russian teams from its FIFA 22 soccer game and NHL 22 hockey game. Winter clothing maker Canada Goose suspends sales to Russia. Mercedes-Benz joined several other automakers today. International Cat Federation bans Russian cats from competitions until May. [Thanks, Putin.] Russian and Belarusian athletes cannot use the national flag and anthem during the Winter Paralympic Games. 123456
... journalists flee the country after Russia censors one of the last remaining opposition news networks
TV Rain (Dozhd) editor-in-chief, his family, and editorial staff have left Russia after receiving threats from the broadcasting regulator. "Personal safety of some of us is at risk." Most outlets in Russia have followed state orders to call Russia's invasion of Ukraine a "special operation" instead of "invasion". TV Rain was defiant. Their website is not loading in Russia but the YouTube channel remains operational. They will try to appeal the block soon. The following day they released a statement about temporarily suspending operations amid reports about a new law that could imprison journalists for 15 years. 1
... dozens of Russian chess players urged Putin to end the war
The letter, urging for a diplomatic solution, was co-signed by heavyweights Yan Nepomnyashchy and Pyotr Svidler. The International Chess Federation pulled tournaments from Russia and Belarus in a "historic" move. Their players cannot use national flags elsewhere. "FIDE stands united against wars as well as condemns any use of military means to resolve political conflicts," said the FIDE administration. 12
... literally Space Wars 🍿🍿🍿
Friends of hacking group "Anonymous" claimed they broke into Russian space agency Roscosmos's control center and took control of Russian spy satellites. Screenshots of Russian-language servers were shared but the authenticity could not be verified. Roscosmos leader Dmitri Rogozin confirmed the attacks but said they were automatically blocked by their firewall, and called the anonymous hackers "scammers and petty swindlers". He said all the servers were operational. Rogozin went a step further: Russia will treat any hacking of its satellites as a justification for war. We will hunt down the perpetrators. We're supposed to launch OneWeb satellites to space on Friday. It's already on the launchpad. However, we have questions for OneWeb. Not long ago, the UK government became a shareholder. In November we learned that OneWeb was in talks with a Pentagon-linked U.S. company to provide services to the NATO military. Hundreds of OneWeb satellites have been launched. More is necessary to make it fully operational. In the meantime, Elon Musk's Starlink has provided satellite equipment to Ukrainian military. We doubt that OneWeb will abide by its 2019 contract that its satellites would only be used for civilian purposes. After the UK government's recent behavior, it appears the 2019 contracts are void. So we demand OneWeb provide clear legal guarantees by Friday launch that its satellites won't be used by NATO. The only guarantee OneWeb can provide is if the UK government exits as a shareholder. // UK responds: We will not sell our share in OneWeb. There are no negotiations. Rogozin: You have two days to think and provide guarantees. OneWeb won't be able to complete its satellite network without our help. [trampoline?] // OneWeb decided to remove its personnel from Baikonur cosmodrome. They are now "safely offsite and relocated elsewhere within Kazakhstan". European rocket builder Arianespace also evacuated its staff from Baikonur. OneWeb had paid Roscosmos in advance. Rogozin said they won't be refunded due to "force majeure". OneWeb's boss: We are getting the news from Rogozin's Twitter. It sounds crazy but I've seen the letters from Roscosmos and they say nothing that isn't already in Rogozin's tweets. I've just got a visual of that Reservoir Dogs scene, where everyone’s pointing guns at everyone. // OneWeb's board later voted to suspend all launched from Baikonur. 123456
... Russian state media uses a map showing Karabakh as separate from Azerbaijan
The main news program of the main government channel was giving advice to Russian tourists stranded abroad on how to return home. Several countries were suggested as transit hubs, including Armenia. Karabakh map: https://i.imgur.com/GKPDIdB.png
Aftermath of Recent Reddit Stock Hype -- A Gentle reminder -- Use good investment logic!
Recent stocks that were hyped on Reddit are now tanking. These stocks never made it to $1000 and everyone that bought at $100+ is standing to lose a LOT of money - especially those who bought at $300+. In the next few weeks (days, actually), people will be (are now) waking up to huge losses. The basics of investing is like buying and selling anything. Find something you can buy cheap, and try to sell it at a higher price. If a stock has gone up beyond what a 'market price' should be for that stock, it's already expensive. Each time it goes up, it gets more expensive, relative to other stocks in its class. Smart people don't buy when everyone else is buying. Smart people buy cheap, and sell when it's expensive. Buy Low, Sell High. It's really not that complicated. The other tried and true rule is, diversify your holdings to minimize risk. From an economic standpoint, imagine the cost of sugar went up from $10 a pound to $400 dollars a pound. Each time it goes up, there's less likely to be buyers that'll buy it at $425 , or $450. Sooner or later the price will drop back to what consumers are willing to pay for sugar on a daily basis... This 'daily price' is really important. It's the price at which people are willing to purchase it on the open market -- long term. That's called the "market price." When the price goes back down to $20 or even $50, anyone who purchased sugar at the $400 price will be sitting there with hundreds of pounds of sugar that they paid way too much money for... 100 bags bought at $400, and sold when the price is $50 - yields a loss of $350 per bag... That's $35,000 in losses. Yes, $35000 in losses. A LOT of people are waking up to losses this weekend, this big or larger. Those who bought at $400 and see a price drop to $200 have an emotional reaction to losing $200 per bag, and hold onto the stock, HOPING that the price will go back up. The price, however, only continues to go down, returning to the daily 'market price.' Still, people, unable to stomach such losses, continue to lose more and more money. The people making the money with the sugar craze are the ones who were in first, and bought it as it was $15, $30, or $50... As the price went up, the percentage of the total sugar market you can buy decreases. The later people join in, the less probability they have of making money. Those who bought cheap, $15-$50 a bag, were able to buy a LOT of bags of sugar. As such, they hold the most bags of sugar. Those who bought later, own much less sugar, unless they are super rich -- but the super rich don't play these games -- they already know not to buy sugar when its this expensive, because they know they'll lose... So it's the people that have the $15-$50 bags that have most of the price power, and bought the most sugar. Once they start selling, they have much more influence over the price, because they have more of it. So, someone who bought a LOT of bags at $50 a bag of sugar, look at how much they've made -- when the price gets to $100, they doubled their money. $150, they've tripled their money... $400, they've multiplied their money by 8. Someone who purchased at $20 (and likely bought many more bags than even those at $50) has made 20 times their initial investment. So for instance, someone that invested $40,000 when the price was $20, has now made $800,000 dollars. At some point, these people start seeing how much money they've made and start thinking, how much am I willing to risk, losing this 800K? So, they sell. All that sugar entering the market starts driving the price down, HARD, and other early buyers sell too, worried they'll lose their 800k too. What happens on Reddit? Those who bought in at $200, $300 or $400, start posting things like "I'm Holding, All the way to $1000!!!!" And, they start BLAMING those who "Sold out" and sold their stock... thinking it's "unfair" for these people to start selling. What's unfair? Nothing's unfair. Why do they post this? Because they are dead scared of losing if the stock goes back down. They have to start drumming up enough interest to keep the artificial prices higher, even when theres nothing but "Emotion" propping up the price in the first place. As the stock price gets higher, it takes exponentially more emotion to keep the price at the higher price point. You saw that on the reddit forums. But meanwhile, emotion isn't going to keep the guy that made $800k (and there were many who made over 4 million).... People eventually think... I've made enough... time to sell... Stocks are not about emotion, it's about economics. If you play the economic game, you can make money. Those who play on emotion, lose. When the guy sells a ton of sugar into the market, (remember the guys that bought cheap --- have the MOST bags of sugar) --- what happens? the market gets FLOODED with sugar. There's not enough emotion to entice NEW people in to purchase sugar at 20X the market price. You've already priced all but the 'market speculators' out of the game. Anyone with investment sense has already taken their money and gone home, to buy a new car. The only people left, are those who don't understand stocks, and hence, have much less money (they havn't learned the game yet). So, when the market is flooded, the price starts going down, because there's not enough people willing to buy at such a high price. This sucks the money out of the pockets of those who bought it at a higher price. The price goes lower, and lower and lower. Eventually, the market is left with those, who cannot stand to lose $35,000. (which was likely their life savings)... All that money goes into the pockets of those who bought low. So, according to market dynamics, the ones who start the feeding frenzy make the money, those who join in later simply hand their money over to those who got in first. Unfair you say? Nope, It's economics. The only ones crying 'foul' are the ones who treat stocks like gambling, or ignore simple market dynamics. If you want to lose money, treat stocks like gambling. If you run to the 'hot' tables, you'll only lose out, because those late to the table, don't make money, they only lose. Those late to the table, buy things at prices that are too high, and simply hand their money over to those who decide to sell. You want to make money? Don't buy high and sell low. It's as simple as that. Treat it like you would running your own business. Find something cheap, something you think you'd be able to sell later and make money on, and find a way to sell it higher to someone else. Investing is business. But, most people won't listen to this, they're looking for the next big thing on Reddit. Odds are, you are going to lose a lot of money. Yes less than 1% will make something. But odds are, it won't be you. Important statistics:
Most of these events like the sugar analogy, end up with huge reversals, and people losing lots of money.
97% of day traders LOSE money (i.e. you cannot "time" [predict] the market)
Less than 1% of day traders earn MORE than minimum wage
It's almost IMPOSSIBLE to reliably out perform the market (S&P500, or Nasdaq). A few good trades are reliably followed by a lot of misses. As a result, studies show, no one consistently outperforms the market. If it were that easy, ALL the mutual funds would be seeing huge returns. They dont. No one consistently outperforms the market.
Most of what you read on the internet is false. Anyone can doctor a screenshot of their investment portfolio. Even if it IS true, you are looking at the less than .1% that made something work. Odds are, they cannot do it reliably to make money long term.
It doesn't matter, because most people reading this will be moved by emotion on the "Next sure thing" that isn't. And, as a result, they'll continue to be in the 99% that cannot earn more than minimum wage.
News that is still dominated by American [high] inflation and Chinese [low] demand. Everything now depends on American employment levels. As long as they stay high (for them), then the world may get a softer landing than otherwise. But the Chinese situation isn't helping. Trouble in both the #1 and #2 economies in the world has ripple impacts globally. Together they account for more than 42% of the world's economic activity. Today's financial markets are acting like a herd stampede, one that is changing direction. No-one seems to want to believe the 2022 direction so far is the right way. Equity prices are diving. Bond yields are jumping (bond prices are sinking). And the US dollar is rising fast. Commodity currencies are being devalued. It is another sharp re-rating lower, the fifth such event in 2022 alone. Only once (in the second half of March) has their been a recovery from one of these shifts lower. They are becoming much more frequent, and that tells you something important. In 2021 there was only one of these selloffs. In 2020, there was only the sharp pandemic selloff. https://preview.redd.it/7r8j3iyw6g591.jpg?width=1920&format=pjpg&auto=webp&s=570bc377a45dd9d0f3ee5505977c25cf55bf9553 In both 2020 and 2021 there was a full recovery pushing equity prices to the record highs that ended at the end of December 2021. The track has been down from there, in these increasing selloff events. Since the market high right at the start of 2022, the S&P500 has fallen more than -20%, so it is now a bear market for equities. And many now expect the main rate curves to invert soon. Further, commodity prices are almost all falling today. Last week markets were confident the US Fed will raise its policy rate by +50 bps at their next meeting on Thursday. Yesterday, that expectations went up to +75 bps. Today, markets seem to be expecting a reasonable change a +100 bps hike is coming. This is "fluid" as they say, or others may say "panicky". Meanwhile, in their large and regular survey, the New York Fed's consumer expectations report showed that inflation expectations over the year ahead rose in May, but only back to the +6.6% level they were at in March. They were last at this level in June 2013. Those surveyed thought their incomes would rise only +3% in a year, but they seemed unusually bullish about their spending, saying this would rise by +9%. At the same time, they expect access to consumer debt to get harder. Something has to give, because the overall sense of these expectations hardly makes a lot of sense in the current economic climate. In China, street protests broke out in Shanghai over the rolling lockdowns. They were relatively small because the risks for doing so are so high, but that they happened at all reveals the extreme pressure on small merchants. In Australia, their energy regulator is raising its warnings and has introduced price caps and ordered generators to keep running, as it signals that parts of Queensland face possible blackouts as early as today. Meanwhile, world trade in services is facing a huge threat. At the World Trade Organisation summit of 120 ministers in Geneva, India, Indonesia and South Africa are refusing to renew a two-year “moratorium” that bans the WTO’s 164 member countries from imposing customs duties on ecommerce. The fear is that a round of taxes are coming for global ecommerce. The inflationary impact would be huge. The UST 10yr yield will start today up a remarkable +24 bps from this time yesterday at 3.41%. Rate curves are flattening with mid maturities rising faster than long. The UST 2-10 rate curve is marginally flatter at +9 bps and their 1-5 curve is much flatter at +65 bps. Their 30 day-10yr curve is steeper however at +222 bps. The Australian ten year bond is up sharply at 3.93% and a +16 bps jump. The China Govt ten year bond is little-changed at 2.82%. And the New Zealand Govt ten year will start today at 4.04%, a rise of +13 bps from this time yesterday. This is an almost 7-year high. Equity markets are re-rating lower sharply. In New York, the S&P500 is down -3.1% in Monday afternoon trade. Overnight, European markets fell more than -2.5%, except London which was down -1.5%. Tokyo ended yesterday down -3.0%, Hong Kong was down -3.4%, and Shanghai was down -0.9%. The ASX200 ended down -1.3% which the NZX50 ended down -1.9% to start the week. The price of gold is down a sharpish -US$43 in New York, now at US$1829/oz, knocked around by the strong US dollar. But oil prices are little-changed from this time yesterday, still at just under US$118.50/bbl in the US, while the international Brent price is now just over US$120.50/bbl. However, because it is holding its price in US dollars, it is an effective rise for most other buyers. The Kiwi dollar will open today sharply lower at just on 62.8 USc and a -¾c retreat from this time yesterday. Since the start of June that is now a -3.9% devaluation. Since the start of the year it is an -8% devaluation. The Australian dollar is being hit slightly harder and we are a little firmer at 90.4 AUc. Against the euro we are down at 60.1 euro cents and now at month-ago levels. That all means our TWI-5 starts today at just under 70.8, and down another -50 bps since this time yesterday. But that is only at a level we were last at on May 19, 2022. So it really is all about the outsized gains by the greenback rather than anything to do with the NZD. The bitcoin price has fallen by a remarkable -17% from this time yesterday and is now at just US$23,163. And it has been a very tough ride down, at one point in between it got as low as US$22,602. Volatility over the past 24 hours has been unprecedented at +/- 12%. It is now below NZ$40,000 for the first time in 18 months, and it is well below. Not helping was that a major crypto network froze withdrawals and transfers, causing widespread alarm in these markets. Source: Interest .co .nz
9/7/2020. 8/19/2020. 7/17/2020. 7/17/2020. 7/17/2020. 7/17/2020. 7/2/2020. 7/16/2020. 7/20/2020. 7/20/2020. 7/20/2020. 7/20/2020. 7/20/2020. 7/20/2020. 7/20/2020. 7 ... Osborn http://www.blogger.com/profile/09497419206305883820 [email protected] Blogger 120 1 25 tag:blogger.com,1999:blog-8837705336426812228.post-7512821541676906403 ... Июл 25 2013. Свободная торговля юанем: Управление денежного обращения Гонконга улучшает механизмы повышения ликвидности авторизованным институтам, SGX объявляет запуск котирования в юанях. Опубликовано Forex Magnates в Новос On another note, during the recent Forex Magnates Tokyo Summit 2013, Binary Options platform providers took action regarding expansion towards the Japanese market and complying with the required regulation. The Japanese FSA in close collaboration with the FFAJ (Financial Futures Association of Japan) outlined the rules that need to be followed by platform providers if they want to offer Binary ... Finanças Magnates 2015 Todos os Direitos Reservados Todos Definidos para Forex Magnates8217 Tokyo Summit 2014, um FX Industry Hallmark FMAdmin Someone Technology (Institucional FX) Segunda-feira, 28.07.2014 12:49 GMT O centro financeiro líder da Ásia-Pacífico8217 para o comércio eletrônico será o lar de mais 700 profissionais do mundo dos mercados cambiais e de derivativos. Amanhã de ... Select a Company... - AEG Financial and Pro-Nice Limited - Bayside Financial Services and Pro-Nice Limited- Belmont Financial Group- Capital Precision Belgium- Clewis Financial and Aoguan HongKong CO., Limited - Condor Capital Management, Advanced Global Securities Corporation (AGS Corporation) (cloned firm), CCMGT Management Consultancy and CME Global Corporation- Cunningham Mutual ... Forex Magnates London Summit 2013 11.11.13 more. 11 November, 2013. Grange St. Paul's Hotel, 10 Godliman Street, London Grange St. Paul's Hotel , 10 Godliman Street , , London. LMAX Exchange will be exhibiting at the Forex Magnates London Summit. In addition, David Mercer, CEO of LMAX Exchange, will be taking part and sharing his views in the panel discussion: "Efficiently Execute FX" on ...
Forex Magnates Tokyo Summit 2013: Exhibitors Share Their Experience - Duration: 4:17. Forex Magnates 270 views. 4:17. Interview with #1 verified trader Tom ECNC1 - Duration: 8:49. ... Japan's World Robot Summit sees a future where humans coexist with machines - Duration: 2:54. CBS This Morning Recommended for you Tokyo Summit Forex Magnates 2014 - Duration: 2 minutes, 6 seconds. Forex Magnates. 5 years ago ; 1,116 views; Forex Magnates uploaded a video 5 years ago 1:06:00. Panel The Secrets to Successful ...