Search found 468 matches

by Jack Jones
Thu Nov 17, 2022 3:28 pm
Forum: Variable Portfolio Discussion
Topic: A history lesson for our crypto trolls
Replies: 21
Views: 754

Re: A history lesson for our crypto trolls

I hope it works. The electricity usage is a problem. The electricity usage is what makes it fair and scarce. How else do you fairly distribute the money over time? Anyone can get paid to do the work to secure the network. It's similar to how gold has been fairly distributed over the centuries, peop...
by Jack Jones
Mon Nov 14, 2022 10:20 am
Forum: Variable Portfolio Discussion
Topic: A history lesson for our crypto trolls
Replies: 21
Views: 754

Re: A history lesson for our crypto trolls

There are so many things working against crypto that it almost has to fail, at least in this early phase. That's been my approach to it. If it ever becomes relatively stable and useful, then I'm interested. I have never felt the FOMO need to make money on it on the way up. I'm of the opinion that B...
by Jack Jones
Fri Nov 04, 2022 3:10 pm
Forum: Politics
Topic: White House Deletes Tweet After Context Note
Replies: 10
Views: 443

White House Deletes Tweet After Context Note

Looks like there is a change in guard at the fact checking department:

https://www.politico.com/news/2022/11/0 ... e-00064647

Is this irony? I don't know, but I'm enjoying it. Presumably Elon is too.
by Jack Jones
Wed Nov 02, 2022 1:21 pm
Forum: Politics
Topic: Hunter Biden
Replies: 21
Views: 1130

Re: Hunter Biden

I think too many people's views are affected by what they see on television. I remember a friend telling me I was crazy for not thinking things were getting worse in this world. I asked him for his basis for believing that. He cited what he saw on the news each night, which, of course, is going to ...
by Jack Jones
Mon Oct 31, 2022 3:05 pm
Forum: Other Discussions
Topic: Peanut Butter
Replies: 52
Views: 1308

Re: Peanut Butter

We like Teddie's too. A favorite snack here is sliced apples + peanut butter, especially w/ apples in season. Yes. Except for me it is so delicious I think I can put about 1/2 a jar (1/2 pound) of peanut butter on just one apple's worth of slices! The slice thickness is key. You want them thin so y...
by Jack Jones
Mon Oct 31, 2022 2:59 pm
Forum: Politics
Topic: The Fourth Branch of Government
Replies: 43
Views: 1842

Re: The Fourth Branch of Government

There comes a point, after the student loans are canceled, the stimulus checks stop, and the credit cards are maxed out, that the money runs out and that the productive members of society get tired of being shit on and simply refuse to pull the wagon. At that point, the do-nothings are going to hav...
by Jack Jones
Mon Oct 31, 2022 12:56 pm
Forum: Permanent Portfolio Discussion
Topic: Are most people here sticking with Treasuries?
Replies: 328
Views: 24275

Re: Are most people here sticking with Treasuries?

Bitcoin won’t do you much good when you have no electricity like most of the Ukraine Actually, Bitcoin is quite useful to a Ukrainain. Russia can invade, kick you out of your house, take your property (including your gold), but your Bitcoin rests securely on the blockchain, waiting for saner times ...
by Jack Jones
Mon Oct 31, 2022 12:40 pm
Forum: Permanent Portfolio Discussion
Topic: Non-ESG ETFs
Replies: 36
Views: 2224

Re: Non-ESG ETFs

Last segment is Myron Scholes (of Black-Scholes Model): Our final speaker today will be Myron Scholes who will discuss the best ways to adjust your portfolio if you are concerned about ESG. Some market participants who are concerned about carbon emissions are selling shares in their polluters, but M...
by Jack Jones
Mon Oct 31, 2022 12:35 pm
Forum: Other Discussions
Topic: Peanut Butter
Replies: 52
Views: 1308

Re: Peanut Butter

We like Teddie's too. A favorite snack here is sliced apples + peanut butter, especially w/ apples in season.
by Jack Jones
Thu Oct 20, 2022 4:21 pm
Forum: Permanent Portfolio Discussion
Topic: Non-ESG ETFs
Replies: 36
Views: 2224

Re: Non-ESG ETFs

I believe non-ESG businesses will outperform ESG businesses, all else being equal, so I'm on board! How could the companies that hire based on merit and focus exclusively on their business lose to the less talented, perfectly rainbow-colored companies who split their focus between their business and...
by Jack Jones
Thu Oct 20, 2022 4:05 pm
Forum: Permanent Portfolio Discussion
Topic: All-weather portfolios - Further resources?
Replies: 22
Views: 1419

Re: All-weather portfolios - Further resources?

There is no end to the doomsday scenarios our brains can think up for any asset class But as we know https://photos.smugmug.com/photos/i-rfnzmq4/0/2a973f32/M/i-rfnzmq4-M.jpg Good point and totally agree. I'd like to think that my anxiety has access to a decent model of reality. Are we really worryi...
by Jack Jones
Fri Sep 23, 2022 1:28 pm
Forum: Cash
Topic: More Money != More Inflation
Replies: 12
Views: 1607

Re: More Money != More Inflation

Is this a power we want the feds to have? In return for giving them this power, they are supposed to provide price stability. How is that going? Congress created that money, not the Fed. They spent it into existence. Without the Fed, Congress could (and did, before the Fed existed) just as easily s...
by Jack Jones
Thu Sep 22, 2022 12:43 pm
Forum: Cash
Topic: More Money != More Inflation
Replies: 12
Views: 1607

Re: More Money != More Inflation

The money supply expansion during the COVID-19 pandemic was mostly saved until economies fully re-opened, at which point it unleashed a wave of demand that interacted quite poorly with the the unusual combination of labor shortages, raw material and energy shortages caused by the war in Ukraine, sh...
by Jack Jones
Wed Sep 21, 2022 2:49 pm
Forum: Gold
Topic: Gold will rise when Fed stops raising interest rates?
Replies: 50
Views: 4061

Re: Gold will rise when Fed stops raising interest rates?

There are always stories about how "this time it's different". At some point it will be different....for stocks, bonds, LTT's, gold, etc. The question is how much do you want to bet on it (any instance of "it")? Exactly. Thus far it seems obvious that the prevailing economic environment is " tight ...
by Jack Jones
Fri Sep 09, 2022 2:52 pm
Forum: Permanent Portfolio Discussion
Topic: Are most people here sticking with Treasuries?
Replies: 328
Views: 24275

Re: Are most people here sticking with Treasuries?

Although most people on the forum now tend to dismiss Budd, either I missed or there never was a great response to his opinion. If we are actually in a multi-year trend of slowly rising interest rates, what will keep the PP or any Risk Parity portfolio from having the losses we have seen this year ...
by Jack Jones
Mon Aug 29, 2022 2:00 pm
Forum: Other Discussions
Topic: Daily "Check In" Thread For Us
Replies: 1593
Views: 263998

Re: Daily "Check In" Thread For Us

dualstow wrote:
Mon Aug 29, 2022 7:00 am
Best laid chips
O0
by Jack Jones
Mon Aug 29, 2022 1:49 pm
Forum: Other Discussions
Topic: Maintaining Coding Skills During Break
Replies: 24
Views: 5568

Re: Maintaining Coding Skills During Break

You're welcome. I truly love it. I don't feel like I worked a day in 2019 (got hired to do it full-time). We won't be underrated for long because we're going to take over the world muahahahahahahaha 8) The latest Debian stable made the mistake of freezing with Plasma 5.14.5, which was not an LTS ve...
by Jack Jones
Sun Aug 21, 2022 4:38 pm
Forum: Other Discussions
Topic: Inflation - What are you doing different
Replies: 60
Views: 4537

Re: Inflation - What are you doing different

Thanks everyone.
by Jack Jones
Fri Aug 19, 2022 10:50 am
Forum: Variable Portfolio Discussion
Topic: Housing Market
Replies: 9
Views: 851

Re: Housing Market

Maybe this is an indication that the CPI understates inflation. Michael Saylor makes the point that inflation is not a scalar, it is a vector. The more luxury the good, the greater the inflation, e.g. cost of an Ivy league education has outpaced CPI. Owning a home is a bit of a luxury, so I would ex...
by Jack Jones
Fri Aug 19, 2022 10:42 am
Forum: Other Discussions
Topic: Inflation - What are you doing different
Replies: 60
Views: 4537

Re: Inflation - What are you doing different

Thanks! It went well. It took me three failed interview attempts, but on the fourth I succeeded. I feel better about inflation now; I did my part for my family. Great news!! Were the positions higher paying than your prior or did you have to negotiate salary? I don't think I made it to the salary n...
by Jack Jones
Fri Aug 19, 2022 7:08 am
Forum: Politics
Topic: Trump reelection bid
Replies: 200
Views: 10848

Re: Trump reelection bid

In my conception, freedom is not an immutable fact graven in nature and on the heart of man. It is not inherent in man or in society, and it is meaningless to write it into law. The mathematical, physical, biological, sociological, and psychological sciences reveal nothing but necessities and deter...
by Jack Jones
Fri Aug 19, 2022 6:17 am
Forum: Other Discussions
Topic: Inflation - What are you doing different
Replies: 60
Views: 4537

Re: Inflation - What are you doing different

I'm applying to higher paying jobs. I spent 10 years at my last job, but after 1 year at my current job, this Biden economy has me begrudgingly interviewing again. I'm quite happy with my current position, but this inflation has me feeling like the frog slowly cooking in a pot. I’m sorry to hear it...
by Jack Jones
Thu Aug 18, 2022 10:38 am
Forum: Other Discussions
Topic: Session chat app
Replies: 7
Views: 654

Re: Session chat app

dualstow wrote:
Thu Aug 18, 2022 8:15 am
Thank you, Spambot, for reminding me to post here.

It appears that Session has made some security concessions, which is bizarre.
I’m sticking with other apps.
I'm partial to Signal.
by Jack Jones
Wed Aug 17, 2022 6:54 pm
Forum: Variable Portfolio Discussion
Topic: Synthesis of the PP and GB portfolios
Replies: 21
Views: 1625

Re: Synthesis of the PP and GB portfolios

I remember hearing a narrative that we are actually in a secular deflationary environment - that's why all the government money printing was only getting us 2% inflation (until last year). But fund managers are always good at talking a good story....hence the appeal of a risk parity portfolio which...