Recent content by ashatet

The single most intriguing place and exciting as well is a library, and by library, I do not mean the stupid libraries that all towns have (who cannot even afford it), I mean a real library in an IVY League school or a research school like Stanford or Chicago. Libraries take you away from the...

gosh, he is a young person, can anyone who is blaming him tell me what else could he do. He lives in a country where a house costs the same amount as a major operation. If medicine were to become free market, this would not happen, the whole system is setup against anyone who is in less than...

It is like asking, how come British make the most beautiful houses, Chinese make such good food, Italians make best clothing, Indians make the best jewelry, US makes the best entertainment. In CA, it is in that culture to innovate and it feeds on itself and attracts talent. All engineers go...

Very impressive guy. I have been looking for the correct name for FB and he finally gave it to me, time waster and this is what the US economy has become. I liked his thoughts. But US is fine for a number of reasons. It is still a leading manufacturer of many things. We have plenty of...

why did Buffet not turn into a saint like for the last 40 years with all his money, is beyond me. Every one has an agenda, even Buffet, the sooner you understand it, the better.

Good points, but I disagree. The reason of American success is innovation and the pricing power that it gets you. Then comes in the best armed forces and the super power status and the reserve currency and the reserve currency opens up all possibilities of spending. This created an illusion...

Actually, it is debatable. The middle class in most of EU does not have that much discretionary income as Americans do. They live well, eat well, dress well, but they live in very modest swellings and consume much less imports. So, I will not compare their middle class with the American...

Oh I am shocked at the UE in UK. Not. All they do now is insurance, finance and real estate. Lost all productivity, Jaguar, Land rover, etc etc etc are now all more or less gone.

why anyone would lend to UK at any rate is beyond me, they are broke and they all act like billionaires, and they have no plan to pay it back and the only thing going in UK is the Finance, real estate, insurance business and some very overrated educational institutions.

It is already baked into the market level, o not expect a bonanza if you are short, because market seems to want to rally.

while we are discussing CEO pay in US, Japan and Europe. BMW CEO makes $4MM and Ford CEO and Chairman make 3 times that money. Now that is beyond funny, I once drove Ford, it was so much worse than the Toyota that I test drove. Now BMW makes Toyota look pathetic, I would not even compare ford...

It is mathematically impossible to pay those pensioners. Why you may ask. Well, we could pay them 100K each, but we cannot pay them enough consumption, as in what they will get is inflated $s. We are going through a deflationary spell, but this will not last for long. The number of...

I disagree that 2011 was a difficult year. 2010 was much more difficult to me. And the ease and difficulty does not matter as long as one can come up with a better system than others. In 2011 we already knew that the CB put is firmly in place. In 2010 we dd not know that.

I will give a high probability that you may have typed in 76, but it did go in as 86 may be because of the auto complete feature or something (most browsers have the auto complete). Never used IB, but something to look into. Sorry to hear about your loss, but someone on the other side of the...

Soros = Parasite. He will never create or produce anything and in guise of providing liquidity, people like him will keep looting from the producers.