Search found 1278 matches

by glennds
Sat Nov 30, 2024 10:35 am
Forum: Bonds
Topic: "U.S. Treasuries not the safe bet they once were"
Replies: 77
Views: 12555

Re: "U.S. Treasuries not the safe bet they once were"

This is a timely thread for me. I have been invested in a Permanent Portfolio since 2012. The only bucket in the portfolio that has accumulated consistent (unrealized capital) losses is the Treasury Bond component, especially stark since the stunning gains in gold over the past year. I have been won...
by glennds
Sat Nov 30, 2024 10:28 am
Forum: Bonds
Topic: "U.S. Treasuries not the safe bet they once were"
Replies: 77
Views: 12555

Re: "U.S. Treasuries not the safe bet they once were"

The original post referenced an article which in turn referenced a recent academic paper. For anyone interested enough to go into the weeds and read the 72 page paper, here is a link to it: https://tinyurl.com/bdfh5b9x You may have to click the button to open the pdf in your browser window or downlo...
by glennds
Fri Nov 29, 2024 12:21 pm
Forum: Bonds
Topic: "U.S. Treasuries not the safe bet they once were"
Replies: 77
Views: 12555

Re: "U.S. Treasuries not the safe bet they once were"

Inflation is the next biggest threat, but as we also know Browne was mistaken in claiming that gold is an effective inflation hedge. I know this thread is primarily about LTT, but would you elaborate on why you are saying this? I was worried about the same, but looking at how gold has responded in ...
by glennds
Wed Nov 27, 2024 11:38 am
Forum: Other Discussions
Topic: Bluesky
Replies: 14
Views: 1209

Re: Bluesky

I caught a robotic permaban on Reddit for no particular reason. I just read it now. You have no idea what caused it? I have a friend who continually gets banned but then just comes right back in under another name. The other non-attractive feature for me regarding Reddit is that the communications ...
by glennds
Tue Nov 26, 2024 2:25 pm
Forum: Politics
Topic: We should all write to our members of Congress and demand tax reforms
Replies: 30
Views: 4985

Re: We should all write to our members of Congress and demand tax reforms

Also you're glossing over a nasty part of taxation: let's say you're right and the final sales price doesn't increase, but some percentage of manufacturers go out of business instead. Is that a win for society? I would argue it isn't. In the real world you'll get some of both: higher prices and few...
by glennds
Fri Nov 15, 2024 8:44 am
Forum: Politics
Topic: We should all write to our members of Congress and demand tax reforms
Replies: 30
Views: 4985

Re: We should all write to our members of Congress and demand tax reforms

I disagree about the corporate tax rate: that should be 0%. Is your rationale for this the double taxation argument? If yes, it then conflicts with SCOTUS and Citizen's United where they deemed corporations to be "people" with all the rights thereto. FWIW, I disagree with SCOTUS and agree...
by glennds
Tue Nov 12, 2024 3:28 pm
Forum: Politics
Topic: Misc. U.S. Elections
Replies: 30
Views: 9566

Re: Misc. U.S. Elections

Biden too, right? Correct; for the first part of his term (117th Congress). Here is a good list of Presidencies that shows unified versus divided Congress. It's interesting - https://history.house.gov/Institution/Presidents-Coinciding/Party-Government/ LBJ had a unified Congress which maybe explain...
by glennds
Tue Nov 12, 2024 8:52 am
Forum: Politics
Topic: Misc. U.S. Elections
Replies: 30
Views: 9566

Re: Misc. U.S. Elections

{ from the Meme thread } Let’s go with not-quite-a-landslide for Trump in 2024. But we need a word for what looks like a Republican trifecta now: the presidency, the senate and, I guess, the house of representatives. Unified party government? If the two congressional chambers are effectively subord...
by glennds
Sun Nov 10, 2024 12:35 pm
Forum: Stocks
Topic: Stock scream room
Replies: 1460
Views: 749062

Re: Stock scream room

flyingpylon wrote: Sun Nov 10, 2024 12:21 pm The election was not simply about Trump. The result will never make sense to anyone that continues to frame it that way.
Care to share your analysis?
by glennds
Sun Nov 10, 2024 11:16 am
Forum: Stocks
Topic: Stock scream room
Replies: 1460
Views: 749062

Re: Stock scream room

Maybe it is like investing in a company based on the leader, despite unclear fundamentals. The detractor will point to the lack of fundamentals. The supporter points to their faith in the leader. For an early investor who believed in Steve Jobs, it was a good bet. For an early investor who believed ...
by glennds
Wed Sep 11, 2024 4:24 pm
Forum: Politics
Topic: Misc. U.S. Elections
Replies: 30
Views: 9566

Re: Misc. U.S. Elections

It was as obvious as it was awkward that Trump could not look at Harris. Ever. Every time Trump was talking, Harris turned and faced him, probably looked him right in the eye. Every time she talked, he looked straight ahead or down, never faced her. If he was triggered, he looked down or up and to h...
by glennds
Thu May 02, 2024 5:25 pm
Forum: Politics
Topic: Disconnecting productivity from consumption
Replies: 8
Views: 6236

Re: Disconnecting productivity from consumption

The problem is freeloading If everybody owes everybody then it all cancels out, right? The problem is that debt diverts a large share of actual economic output (goods and services) into passive income (interest paid). Disconnecting productivity from consumption is bad. Communism goes all in on it b...
by glennds
Tue Apr 30, 2024 10:44 am
Forum: Politics
Topic: Taxes
Replies: 28
Views: 16426

Re: Taxes

Pointedstick wrote: Sat Apr 27, 2024 9:37 am

IMO only Canada offers a better deal when it comes to the "tax burden to services provided" ratio. Perks of being a neighboring global empire's protectorate, I think.
Japan says "hold my Sapporo"
by glennds
Fri Aug 25, 2023 2:12 pm
Forum: Other Discussions
Topic: First Movie You Remember Seeing
Replies: 13
Views: 8989

Re: First Movie You Remember Seeing

A Clockwork Orange, when I was about six.
Probably the root cause of many of my problems but on the plus side it did make me a lifelong Beethoven fan.
by glennds
Wed Aug 23, 2023 3:52 pm
Forum: Other Discussions
Topic: Who do you think is the greatest entrepreneur of all time, and why?
Replies: 6
Views: 4527

Re: Who do you think is the greatest entrepreneur of all time, and why?

I would have voted Steve Jobs if he had been an option.

There is a difference between an investor and an entrepreneur. Investors invest in entrepreneurs. I think of Buffett as an investor.
by glennds
Sun Aug 20, 2023 12:32 pm
Forum: Politics
Topic: Which is worse?
Replies: 18
Views: 31349

Re: Which is worse?

DogBreath wrote: Sat Aug 19, 2023 2:15 pm

Yep, it doesn't exist. But then, back to the original point of public corporations maximizing shareholder returns rather than political agendas. If they did that, it would be unnecessary / moot.
Pug wisdom right here
by glennds
Fri Aug 18, 2023 12:05 pm
Forum: Politics
Topic: Which is worse?
Replies: 18
Views: 31349

Re: Which is worse?

D. Is there any proof that tilting an ETF to ostensibly "conservative" or "liberal" companies actually works? Who cares if it works. Maybe some people would just rather invest in companies that share their same values and not invest in companies that "hate them". As lo...
by glennds
Thu Aug 10, 2023 4:58 pm
Forum: Politics
Topic: Which is worse?
Replies: 18
Views: 31349

Re: Which is worse?

That is a fair point. And the free market IS penalizing Disney. Their movies are bombing and park attendance is way down YOY. Same with Bud Light and Target. But it's not so simple. If I want to not buy stock in Disney or Target bc I don't agree with their "values", that means I can't buy...
by glennds
Mon Aug 07, 2023 12:18 pm
Forum: Politics
Topic: Which is worse?
Replies: 18
Views: 31349

Re: Which is worse?

Privately held businesses can do what they want (at their own peril), but public corporations should absolutely stay out of politics and remain neutral on social/cultural issues. You literally offend half the country when you don't. In my view, it is also a lapse of fiduciary responsibility to shar...
by glennds
Fri Jun 30, 2023 3:10 pm
Forum: Other Discussions
Topic: Elizabeth Holmes
Replies: 43
Views: 21655

Re: Elizabeth Holmes

[ After reading this from this excellent article you hold to the same view? https://www.nytimes.com/2023/05/07/business/elizabeth-holmes-theranos-interview.html At her sentencing hearing in November 2022, she was visibly pregnant with her second child. That baby was born in February. In March, Ms. ...
by glennds
Mon Jun 19, 2023 10:57 am
Forum: Other Discussions
Topic: Elizabeth Holmes
Replies: 43
Views: 21655

Re: Elizabeth Holmes

Thanks! Just bought a delivered paperback version for $6.36. Will read it soon after it arrives. Let us know what you think of it. O0 The whole story is just so fascinating to me. I often wonder what she's thinking right now. The way Carreyrou broke the story is a testament to the importance of inv...
by glennds
Fri Jun 09, 2023 1:13 pm
Forum: Other Discussions
Topic: Elizabeth Holmes
Replies: 43
Views: 21655

Re: Elizabeth Holmes

One of the most troubling things in the Elizabeth Holmes story is her second child, conceived after conviction but before sentencing and used by her attorneys as a basis for her petition for remaining out of prison pending her appeal. The question of course being did she bring a child into the world...
by glennds
Mon May 22, 2023 10:21 pm
Forum: Other Discussions
Topic: How To Build A Bond Ladder
Replies: 24
Views: 50463

Re: How To Build A Bond Ladder

It appears the hugging is contagious. It's the summer of love for the forum.
by glennds
Mon May 22, 2023 9:03 am
Forum: Politics
Topic: Which is worse?
Replies: 18
Views: 31349

Re: Which is worse?

So I havent dug into the Disney thing, is he not just retracting a privilege that never should have been extended, from a libertarian perspective. That question is worth looking up. From what I can glean, the arrangement, dating back to 1966 is uber-libertarian. What Disney negotiated is relative a...
by glennds
Sun May 21, 2023 11:28 pm
Forum: Other Discussions
Topic: How To Build A Bond Ladder
Replies: 24
Views: 50463

Re: How To Build A Bond Ladder

Mark Leavy wrote: Sun May 21, 2023 9:26 pm Ahh... more pablum.

That's what we were all waiting for.

Hugs.
XO,
Mark
My quest for your approval continues Mark.
Code name El Dorado. Not giving up