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Do you own your home? If not, buying your first residence is a way to "earn" single digit returns with extremely low risk. You will not get "paid" a return but you will earn it through saving the money you pay in rent(minus property taxes and maintanence costs, which usually will amount of less...

Currently there is the opposite, The Fed is ASKING for more fiscal stimulus, the Treasury secretary is open to it and the future Treasury secretary can't wait until she can spend more. Meanwhile deficits and debt to GDP ratios at at record levels. If the Democrats take over Congress in 2 years...

Good little study I havent run into before https://www.bis.org/publ/qtrpdf/r_qt1503e.pdf "Concerns about deflation – falling prices of goods and services – are rooted in the view that it is very costly. We test the historical link between output growth and deflation in a sample covering 140...

Give IB recent fines related to AML I doubt they want to get in crypto custody until the US police state clarifies all the rules involved in that

"Dear Fernando, At XXXX Bank, we take client servicing seriously. With a variety of international tax and privacy regulations to consider, we are no longer able to sustainably offer account servicing outside of the United States. As a result of this decision, we're sorry to inform you that your...

I'm not a complete believer on BTC, but I do have to acknowledge the fact that there is a non-trivial chance this is competing and might even replace gold one day (among millenials and Gen Z'ers, it already happened). If it does, its going to the stratosphere. Not much different from a startup...

I saw it. I think there is some true to what he is saying but at the same time, he didnt address the question of why other closed end funds don't go through the same process. Why doesn't the arbitrage kill the premium on GBTC? I believe its because there is some real demand. If pure ponzinomics...

What he doesn't talk about is why this doesn't happen to every other closed end fund that exists

Ms. Yellen has said recently the recovery will be uneven and lackluster if Congress doesn’t spend more to fight unemployment and keep small businesses afloat. “There is a huge amount of suffering out there. The economy needs the spending,” Ms. Yellen said in a Sept. 28 interview. It seems to me...

I was reading about the Coinbase custody service. It looks pretty neat. They have all kinds of security features (like keeping the BTC offline and making it hard to get it out of there) PLUS its insured by the Loyds of London and some other firms. Its is as good as a storage system as it gets

The whole DeFi thing sounds ridiculous. Borrowing on it sounds insane as these coins can run 200% at the blink of an eye and lending is also nuts as you can lose all your capital in hacking/theft incidents

Yeah, which is why the media needs to stop quoting investing dinossaurs based in the New York about this. Most dont know shit about technology and their potential. Some never got a tech trend early in their life, but somehow people think their opinion about tech matters

The list of companies that accept Yubikey as 2FA is quite large and it includes brokers like Kraken and Gemini (as well as Google, Facebook , Tesla, Teamviewer, many Linuxes and a bunch of others) https://www.yubico.com/works-with-yubikey/catalog/ This could be a better than the option of...

So? It was the same thing with Facebook before they started to make a killing. By the time you find your reasons to buy things by looking at the financials, its too late. Markets are forward looking

Dalio is like a guy going around in San Francisco in 2014 saying "this Uber thing is ridiculous, almost nobody uses it"

https://blog.chainalysis.com/reports/bitcoin-price-surge-explained-2020 "Right now, the amount of liquid Bitcoin is similar to what it was during the 2017 bull run. But the amount held in illiquid wallets is much higher, currently representing 77% of the 14.8 million Bitcoin mined that isn’t...

I also screwed up big time on MKTX a while back, I used to own it from $195 but took profits at $230 or something. Now it trades at $534. I understood it but second guessed myself during the market gyrations. I need to find ideas with a lot of potential but also ideas where I wont get shaken out...

I agree completely. I did a lot of work in backtesting portfolios in 2017, I wrote the main findings in this journal. The main lesson is that in order to maximize risk adjusted returns, the Taleb "barbell" portfolio is ideal. And that portfolios like the Dalio's all Season's (30% stocks, 55%...

What are the pros and cons of each? From the top of my head CME Futures Pros -No hacking risk -No hassle with storing the coins and worry about losing private keys/hardware wallets -More cash/margin efficient Cons -Rollover costs -Fixed position sizing at 5 BTC, hard to scale in and out...

What gives me confidence that the long-term fair value is above, and not bellow, current prices is the fact that btc is so resilient. If it was worthless, it would have died after the retail driven $20K peak. It had everything to die and never make a return. Hype, euphoria, parabolic moves and...