Search results

It did, but everything is totally different nowadays. We recovered much more quickly from the 87 crash, then 2001, then 2008. Since the late 80's, the public has a collective growing balance in defined contribution plans which are HEAVILY invested in equity markets. When the market drops...

LOL... yeah none of us want that! Taleb didn't write as much about his actual implementation of these protections and his performance over long periods of time. From what I understand, he lost a fair amount of money waiting to be right for some years. When he was right of course the ship came...

Don't let those actual facts and figures get in the way of your anger and ability to demonize people whose views you don't like - and you don't even know my views. I couldn't be more supportive of vaccinations and have long supported mRNA technology long before it was a term the public was...

It's important to note that nearly 3M people die in the US every year. The numbers were up 15% in 2020 and causes were higher for all the leading categories, in part due to people delaying or cancelling doctor visits for chronic issues. Covid certainly contributed to a large number of deaths...

There's your trouble. You are getting your science from Joe Biden. After about 6 months, vaccinated people are EQUALLY as infectious as non-vaccinated people and they are about 90% as likely to become infected. Why do you think you need a booster? You would think all these triple vaxxed...

You call this an "uneducated understanding" but it appears to be an astute observation to me. The vaccine is indeed a therapeutic. All the political bungling, broken promises, outright lies and general bullshit have done decades of harm to actual science.

Let's say all of that is absolutely true and Manchin is enriching himself at the expense of the environment. Think about all of the haggling with him over the last year on this and that he is the only vote holding it up. You KNOW the White House could have carved out WV and let him continue to...

Bloomberg? Of course that's what Bloomberg will say. You should consider actually reading the bill and seeing all the other stuff in there that has nothing to do with the middle class or helping poor people. Congress should be ashamed of the stuff that's in there and the public would be outraged.

90% of the game of managing other's money is convincing them to give it to you in the first place. Almost anyone can take a stretch of actual performance and create a chart moving up. There was a thread here a few days ago titled something like "famed day trader in London goes bankrupt". If...

There are some structures that can help you become more tax efficient, but I'm not sure about avoiding taxes altogether without some deeper and broader legal work - geographically and otherwise. The structure I established some years ago has one LLC that acts as the mgmt company and another...

We are much the same. My wife and I started a foundation some years back and decided we were going to restrict giving to worthy individuals and organizations. The bulk has gone to animal organizations primarily because we haven't had time many years to do the work to seek out worthwhile...

Speaking of the gov't. I think this sums it up for me.

I think it's worth noting that there's a huge difference between fiscal policy and monetary policy. Fiscal policy (IMO) is largely responsible for the acute inflationary issues we have today. Low interest rates and "free money" as a monetary policy is very different from sending actual cash to...

Ray Dalio is a very interesting guy. I agree with a lot he has to say and I feel like he always has more but he's almost scared to say it. Somewhere in this current mess the country needs a messenger that spells out the kinds of things Dalio is eluding to in real terms. I personally don't...

The media will not let anyone forget about Covid. Omicron is yet another ratings gift so the fear can be reignited. Is the vax effective against omicron? Depends on how you define "effective". Seems like lots more vaccinated people are getting covid now (or maybe that's just my TV talking) but...

That's one helluva call. Held til close I think someone could have made 100 points on the S&P with this. Great call man!!!

If I had to pick one of those, S&P. If I had my choice of anything - standing timber.

Nice work. Glad you have something that's working well that you're comfortable with - I think that's 95% of the trading puzzle for most people.

That's hilarious. Are you consistently making money? I've been here a long time and it amazes the me the number of people that dump on strategies they don't like or don't make money for them. I've met all manner of people over the years that have all kinds of crazy voodoo that would never...

Congratulations. I've been with IB for many years and never had any time to square away margin deficits. In my case, IB corrects my "margin deficit" around .6 seconds after sending that email.