Recent content by Bolts

This story isn't getting nearly the attention it deserves. Imagine somebody just suddenly decides to dump all the info on the web. How will any bank have the balls to issue credit if they can't verify anybody's identity? Whole economy comes grinding to a halt. More likely, all 143 million (minus...

Very small E results in a very large P/E. Imagine if they had zero earnings. The P/E would be infinity! :eek: :p It just demonstrates one of the flaws of P/E ratios. Not that I would buy any FB.

Never thought it would happen, but AAPL dropped low enough that it finally appeared on the fundamental-based stock screener I use. So it's in my top 60 or so favorite US stocks. AAPL is kind of the quintessential, household name, rock star tech stock that rarely comes onto my radar. Although...

Anything might as well be random if you have no accurate way to determine what it will do next. It's the same for flipping a coin, rolling a die, guessing what your wife wants for her birthday, stock prices, etc, etc. So it doesn't matter if something is "truly" random or not. That's just...

I'm not getting the Firefox "reported attack site" warning anymore. :cool:

I think it would actually do a lot of good if congress went over the physical cliff.

I think the biggest mind-blow with this paradox is that there seems to be nothing "special" about the other door when you switch. How is there something unique about that door that gives it better odds than the first door? It's special just because it's the one you didn't choose the first...

Ah, never mind. I remember what's wrong with this logic. Just because there are two possible outcomes doesn't necessarily mean they have equal probabilities. It's kind of like flipping a coin that's heavier on one side. When the host reveals a goat, he's not just reducing the number of...

I don't get where the "3" comes from. You choose door #1... Once a goat has been revealed behind door #2, there are only two possibilities. car,goat,goat or goat,goat,car. If the goat is revealed behind door #3, again there are only two possibilities. car,goat,goat or goat,car,goat.

Doesn't matter. The point is that owning makes you FEEL superior to someone who rents. It's a pride thing. You're living "the American dream". Good for you. :p

So paying the landlord makes you feel like a sucker? You see how that is psychological and emotional rather than rational?

Hmm another one. People just seem to have a chip on their shoulder about the landlord making a buck. :p

I explained why those numbers are pretty much meaningless and didn't hear a counter-argument. Except for that rent thing again.

Well I think the arguments for ownership here have been pretty weak. Mostly just harping on the issue of paying rent, even as it has been explained repeatedly that there are numerous ownership costs that can offset that. And mostly ignoring the other great points that were brought up in the...

Those numbers are very misleading. The average home owner has owned his home for many years. The average renter is much younger. He simply hasn't had time to build wealth. He could be fresh out of college with student loans to pay back. Wouldn't have surprised me if the average renter had a...