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" ... Facing political and potentially judicial pressure, UC may capitulate and make the school test optional –a task force is looking into it, and the chancellor of the Berkeley campus favors it. In my opinion, doing that would be a big mistake: arguably America’s greatest public university would be rejecting what historical experience suggests is very good predictive indicator of the likely collegiate success of students. Why? Because it produces a student body whose ethnic/racial composition does not comport with that favored by the plaintiffs in the lawsuit and current progressive notions of distributive justice. Moreover, it is an attempt to judicially undermine the voters of California, who constitutionally mandated two decades ago in a amendment modeled after the federal Civil Rights Act of 1964 that California public institutions shall not use race, sex or ethnicity criteria in admission decisions (Proposition 209). ... "
" ... Tesla’s stock has fallen sharply the last two days on yesterday's news of an at-the-market offering of new Tesla shares and today's news that a long-time Tesla holder, Scotland's Bailie Gifford, had dumped TSLA shares and now holds less than 5% of the company. Important developments both, but neither should be causing Tesla bulls to capitulate. ... "
" ... Western corporations, like Western governments, should not capitulate to authoritarian regimes that practice such inhumane policies, whether we're speaking of the Chinese government or Saudi Arabia, and they should certainly not censor Western game releases in order to make it easier to release a game in China. ... "
" ... When stocks are as strong as they've been for such a lengthy period of time, even some of the most fervent bears will capitulate and expect more gains. As such, when the trend is this solid, a good gauge of sentiment is to see how eager or reluctant the bulls are to turn bearish when the market makes a small pullback. ... "
" ... Will energy shorts be the next group of bears to capitulate? One important timing clue suggests energy stocks may be nearing an inflection point. ... "