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Are you certain of that? You may want to rethink your statement above.

IMO, that's a mistake. It's also indicative of a serious threat to American democracy.

It would seem the present far-right in the U.S. is unique in modern history. The party members profess to believe in conspiracies that would require a series of low-probability, linked events to occur such that the overall probability would approach zero. What gets even weirder is they readily...

Get a grip. Although many countries harbor a small number of Nazi misfits, to characterize Ukraine as a hot bed of Nazism, as has been done in Russian propaganda, is ridiculous. This war was not started by Putin to wipe out Nazism in Ukraine, despite what he may have said on occasion. Mr...

Nice observation. Just one minor correction: replace: The worst part is the people who the money was supposed to help the most are getting creamed by the inflation, and will get creamed again as the economy collapses under the direction of the Fed. with: The worst part is the people who the...

He is no longer active in trading. He is an old man. Quantum is a family fund these days run by those Soros has hired. Soros remains active on the World stage as one of the most consequential philanthropists. He founded the "Open Society Foundation" (Which see.)

Possibly, before Jim Simons, it used to be Soros Quantum fund if longest period of highest mean return is the criterion. He had various partners along the way. It started with the "Double Eagle Fund" in 1969 with 4 million in assets. $1000 invested in 1969, if dividends could have been...

I found the question and answer period at the end especially interesting. This speech was given a short while before the 2016 election. Here Schwartz predicts Trump would never accept defeat, just as Michael Cohen predicted after Trump was elected. Both these men know Trump well. Their...

to save time you can go to ~ 13:35

Here is Tony Schwartz's horrifying view of the guy who wants to be President again! Schwartz is the guy who wrote the book Trump calls "my book", "The Art of the Deal". I cut the intro remarks and went straight to the meat.

From a macro perspective, one expects an increase in real estate to be dumped on the market at some point, but it wouldn't be all at once. Although the Baby Boom might be arbitrarily defined as say a five year period from 1945 to 1950 the death of these boomers will be spread out over more...

Were nominal wealth transfer from one generation to the next to go down rather than up, that would be evidence of a serious, underlying problem. So even had there not been a baby boom following the end of WWII amplifying the subsequent inter-generational wealth transfer, I would expect the same...

The answer to your question: YES. Said another way, "what goes down goes up, and what goes up goes down. Your problem as a trader is to figure out when down will change to up, and up will change to down. I recommend reading George Soros's "The Alchemy of Finance" for more on this topic.

exempt from withholding is not the same as exempt from tax.

Yes, were i involved in those markets. I would have done it sooner though, when it was clear to all of us where we were headed (When Summers was first saying we needed 5% unemployment.) I anticipated that the Powell fed was going to be very old fashioned, and just keep raising until cost of...

They are also responsible for Global Warming! Then just when we start suspecting them, they cool things for a while to throw us off the track. Then they turn up the temperature again and melt some more icebergs.

I like your a,nalysis. I have a slightly different take though. I see fiscal policy fighting Fed monetary policy. Because of that, it seems likely a funds rates above 5% will ultimately be needed to bring inflation below 5% and I fully expect the Fed to go on until they induce a recession and...

An important opinion. Thank you. Opinion about the future, however, even one so well-informed as Napier's, can not answer with certainty whether we are in an unusual period, caused by a confluence of economic shocks and complicated by rapidly shifting relations among global powers that will...

I liked your analysis. It calls fourth the recognition that transition away from fossil fuels can not happen overnight -- realistically it will take a generation or more. We will be dependent on fossil fuels for quite some time, so we must avoid supply shocks and assure ample fossil fuel...

I wasn't able to follow your full meaning in the above, but that's Ok. Perhaps my posts were a bit too nuanced to be easily understood. I apologize if that's the case. Pages 22-25 are enlightening with regard to militias if that is of any interest. The discussion I'm referring to begins after...