Search results

You really should spend 3 minutes reading his key points in his own words. Modern journalism is garbage and is almost always pushing an adgenda rather than trying to inform. The basic way he uses the term liability is "this is going to cost you money to have". Keep in mind, his book at...

This is the scariest part of a bitcoin ETF. The exchange may have rules about how far the price can fall in a day and what trading hours are, but Bitcoin operates 24/7. Imagine bitcoin starts plunging on the last day before a holiday weekend and triggers the "circuit breakers". People are...

What a shit piece of "journalism". They didn't even ask the guy for a comment, and it's all just someone picking and choosing specific bits of into from online postings to come up with a narrative. Apparently in this case it's "OMG! Look at this guy who doesn't trust the dollar to hold its...

The question doesn't even make sense. If you have a straightforward strategy you can write down, you don't need AI you just need to white a normal computer program to follow it. The point of AI is to try and do things it isn't explicitly programmed to do. If you already had a consistently...

If I was trying to say that, I would have said it. The absolute statement here would be your use of the phrase "Nobody." That is what is called an absolute. A word like "practically" is a qualifier, as in specifically not absolute. The real-world evidence of publicly disclosed, large scale...

BS Bitcoin has a feature set that is practically tailor made for criminals. Instantaneous irrevocable settlement across international lines is exactly what you want if your business is extortion, kidnapping or murder. If you're selling an actual normal product to regular customers you need a...

What is sad is that people think this matters. Do you have that little to be proud of? In America we're free to use whichever unit make sense. In many cases metric units and their associated standards actually suck for common everyday usage. If you're running a chemical process you'll use...

But that's like saying some lotto players make a profit. Sure, you can retroactively select a set of people and say "look they made money", but that doesn't make it a worthwhile investment. IMO, the smarter players in the space are those setting themselves up to get a percentage of the...

Check out the bottom of page 36 here. https://ir.homedepot.com/~/media/Files/H/HomeDepot-IR/2023/2022_HD%20Annual%20Report.pdf It looks like it's related to stock buybacks.

First: I can see why'd you say that, but with Bitcoin below its all time high, it's very clearly a subjective rather than objective call. Second: You're confusing what I'm actually saying. I never said there was no money to be made in a speculative bubble. I don't doubt that there is still...

Hahaha.... Except that I am not claiming that fiat currency "fixes" the problem. I readily acknowledge the possibility of default and bankruptcies instead of pretending I have a magic shield that protects me from it. If I see something that claims to be a billion dollar company yet has...

KR seems to have a high debt to equity. I would look into when the have to refinance that debt (at presumably a higher rate than they are paying now). Quick ratio is not good so I would expect old debt to be rolled into new debt rather than paid off.

Actually it doesn't solve problems for futures contracts AT ALL which is what I was referring to. Bitcoin is not some magical wand that solves all problems. If I buy a futures contract to receive 5 Bitcoins in six months there is still risk of default. If they do default, it is up to the...

Crack a book sometime. People like Asimov were definitely writing about AI even more advanced than what we have. It's annoying where someone acts like all the previous generations where a bunch of dunces. https://en.m.wikipedia.org/wiki/I,_Robot

Personally, I feel like gold is tough because the market is small relative to the overall economy. This makes it subject to manipulation, distortions, etc. A limited allocation can make sense, and in some cases your personal situation may have other considerations that outweigh those factors...

Good point. sgov is about 4.8%. How is it that these bank are able to sell their CDs so cheaply? In a sane world that BBB- bank should be paying over 6%.

Except that this statement is fraud because ramen packets don't multiply simply because you gave them to someone else for storage. People saying gibberish like this is a giant red flag. * * If the resource was loaned out to a productive venture it could create more resources, but if that was...

I like XOM as well looks like the price might get very attractive

1 month treasuries are about 5.5%. Why accept less? Plus that interest is tax advantaged. I don't get why people accept a higher risk for less return.

In general: https://www.terrysavage.com/t-bills-beat-cds-2/ Additionally, Others have mentioned it in different ways but one of the key things with tbills is that there is an active and liquid secondary market. This is why people bother to talk about the value going up or down. In a CD you...