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  1. mervyn

    Tesla 2023

    I guess he sells TSLA puts to find a better entry.
  2. mervyn

    The Essential Nature of Government Deficits, Debt and Taxes

    not sure us debts can be sold as usual, de-dollars, not replacing dollars, is the trend.
  3. mervyn

    U.S. Government Owns Way More Bitcoin Than Any Other Country - So Why Aren't They Selling It?

    Well let me guess, because all of these cost zero, from all the assets seizures and/or sanctions?
  4. mervyn

    Boomers Got Hooked on Stocks. Now They Can’t Let Go.

    unless you are a farmer, not many are putting commodities into their portfolio unless it is an etf. Bill Gates could buy all the farmlands he wants but pretty sure his golden goose is still in his stocks.
  5. mervyn

    Finished Fireplace

    replace the carpet with a wood floor, very dirty after few years...
  6. mervyn

    The Essential Nature of Government Deficits, Debt and Taxes

    Simply put, your profit margin is 1%, your cost of capital is 5%, your customers are finding a better product.
  7. mervyn

    Boomers Got Hooked on Stocks. Now They Can’t Let Go.

    brainwashed by the advisory industry, like leech...
  8. mervyn

    The Essential Nature of Government Deficits, Debt and Taxes

    U.S. National Debt Tops $32 Trillion for First Time
  9. mervyn

    NYC's Waldorf Gets Plush Renovation, Becomes Icon of China's Overreach

    https://www.waldorftowers.nyc/en/residences it is selling slowly but does sell, same as any other fancy condos. https://streeteasy.com/building/the-towers-of-the-waldorf-astoria#tab_building_detail=2
  10. mervyn

    Kroger Is a Steal Compared to Walmart

    Indeed. https://www.google.com/finance/quote/SPY:NYSEARCA?hl=en&comparison=NYSEARCA%3ADIA%2CNYSEARCA%3AIWM%2CNYSE%3AKR%2CNYSE%3AWMT&window=YTD
  11. mervyn

    Blackrock iShares files for Spot BTC ETF.

    Eurodollar is printed by the Fed same as any Dollar. It is settled via New York Fed. If you transfer dollars from one bank to another, it makes a trip to NYC first. If your account is flagged, you may never see the money again.
  12. mervyn

    Are you serious?

    Set Parket is a frauster aside, probably my neighbour next door. How the orders would not result in a bona fide market position exposed to market risk? Risks are double when positions were opened and not offsetting immediately, hence the exposures. I'd love to see the exhibits and trade logs.
  13. mervyn

    Kroger Is a Steal Compared to Walmart

    sorry, I got 10 KR stocks for free when I opened tastyworks account in 2020, why would the broker picked that? Sold it for $1 a share gain I think.
  14. mervyn

    What's so good about Micron Technology (MU)?

    https://www.reuters.com/technology/micron-invest-603-mln-factory-chinas-xian-over-next-few-years-2023-06-16/ Micron says it is committed to China, invests $602 million in plant By Brenda Goh June 16, 202312:54 AM EDTUpdated 21 hours ago Talk about capitulation fast…. When you have 15% revenues...
  15. mervyn

    If I had to pick one stock for the next 24 months

    wolfspeed
  16. mervyn

    Kroger Is a Steal Compared to Walmart

    there is a reason why low price stock stays low, we just don't know why, probabaly is the management ability to execute.
  17. mervyn

    The Essential Nature of Government Deficits, Debt and Taxes

    They are correct in the sense of they are all G.I.s. Independent Fed is a mirage. Fed is the buyer of last resort but essentially they are part of US government. If the foreign countries decided to dump all treasury holdings, who is the buyer? St Louise Fed published a paper of on Open Market...
  18. mervyn

    The Essential Nature of Government Deficits, Debt and Taxes

    Responsible budgeting does't work for any state unless there is an external constraint, i.e. inability to borrow domestically or internationally. Even if a country does "responsible budgeting", the surplus must go somewhere, infrastructure spending, scientific researches, to name two. At best...
  19. mervyn

    The Essential Nature of Government Deficits, Debt and Taxes

    Debt is on the balance sheet, deficit is on the income statement. But moey is money, regardless how you write.
  20. mervyn

    The Essential Nature of Government Deficits, Debt and Taxes

    Ovethrow the government, hang the men in the office for one. French did it. Your retirement money has nothing to do with how the goverment is run. In fact, your retirment balance keep growing precisely because of money printing, big chuck of it went to science and technology research. We are...
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