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    Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99

    he lived in LA not Nebraska.
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    A 30-Year Trap: The Problem With America’s Weird Mortgages

    the argument is that no one wants to sell because they will lose their preferential rate. The issue is that if they did, where would they go? The problem isn’t rates. It’s a shortage of housing.
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    Investors Are Hungry for Risk—and Holding Record Cash Sums

    AMC, GME was because there were 10,000s of investors buying calls (essentially cornering the market of delta and gamma). The idea in this thread is different. It's that there are investors looking have capital to buy assets if they selloff. These same investors didn't put all that capital to...
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    Investors Are Hungry for Risk—and Holding Record Cash Sums

    when the war starts, everyone finds out their was a leak in the ceiling.
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    Investors Are Hungry for Risk—and Holding Record Cash Sums

    The argument about how there's excess cash on the sidelines always comes up when the markets are rallying. Somehow that cash evaporates when there's a big sellofff. I've heard that argument for a decade prior to QE.
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    A 30-Year Trap: The Problem With America’s Weird Mortgages

    it was an unnecessary aside and did nothing to further his socialist argument. 30y government backed mortgages are probably one of the strongest reasons America had a middle class in the first place. and no financial institution has lost money as a result of the prepayment risk.
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    Investors Are Hungry for Risk—and Holding Record Cash Sums

    no. The cash is there because investors are saying they are willing to put it to work while the market is rising. What else makes the market rise except cash on the sidelines. When the market starts selling off that cash magically evaporates. It’s a tale as old as time and has nothing to do with QE.
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    If I choose MTM for next year, do I need tax software?

    No. You don’t need accounting software. You need an accountant. He will pay for himself easily.
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    This Black Friday, explore our Top 3 indicator selections!

    he’s too angry to stay away from this forum. She once argued that a company paying dividends was an immoral act.
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    This Black Friday, explore our Top 3 indicator selections!

    He’ll be back. (like another guy whose family were nazis).
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    Worst Case Scenario in Covered Call trading

    some men, you just can’t reach. So you have what we had here today.
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    NDX Options

    It's all that infinite gamma on his netflix earnings trades!
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    NDX Options

    He's an expert but all he does is lose money in options.
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    We are living in a big anomaly right now, rrriiight?

    looking at our political landscape, the boomers can’t differentiate it either.
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    ARKK, continually trying to stay afloat

    She’s a proper marketing machine and quite successful at it. When you realize this: 1. You will understand what Wall Street really is about. 2. You will understand that she doesn’t need saving.
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    Attendees of Confederate Woodstock dismayed that actions have consequences

    Trump was really the best thing to happen to private prisons in a generation.
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    Why Sam Altman got fired

    i wish I was at YC during the greatest bull market in history. Or tiger global. Those guys are seriously rich (even the ones at the bottom of the totem pole)
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    efficient stop loss

    You don’t have a point other than to argue on an irrelevant basis. Perhaps longandshorts thoughts exceeded your mental capacity and you felt the need to chime in to sound smart.
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    efficient stop loss

    Funnymentals don’t work because you can’t know the future but charts do because you can’t know the future.
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