Search found 1100 matches

by Tortoise
Wed Apr 24, 2019 7:00 pm
Forum: Other Discussions
Topic: Permanently low interest rates
Replies: 40
Views: 670

Re: Permanently low interest rates

They're borrowing money to buy back stock? In other words, my assumption that companies only do share buybacks when they have surplus capital was apparently incorrect. Interesting. Follow-up question: What is the likely thought process of a corporate executive who borrows money to buy back shares? ...
by Tortoise
Wed Apr 24, 2019 5:44 pm
Forum: Other Discussions
Topic: Permanently low interest rates
Replies: 40
Views: 670

Re: Permanently low interest rates

I think an argument could be made that over the last 10 years buybacks alone are the main reason for the U.S. outperformance. I'm not opposed to letting a company buy back their own stock if they have no better ways to allocate their cashflows, but I do think that it is not normal a normal conditio...
by Tortoise
Sun Apr 21, 2019 1:07 pm
Forum: Other Discussions
Topic: bud split
Replies: 42
Views: 519

Re: bud split

The 1st ban should be for a week. Y'all kept taking his troll bait. Didn’t Budd temporarily “ban” himself once or twice before by disappearing for a while after a heated argument on this forum? I agree, though — everyone kept taking the bait. Deep down, I think a lot of people get a sense of satisf...
by Tortoise
Mon Apr 15, 2019 8:15 pm
Forum: Other Discussions
Topic: Notre Dame
Replies: 14
Views: 334

Re: Notre Dame

A fire during renovations? Don’t attribute to malice that which can be adequately explained by stupidity.
by Tortoise
Tue Apr 02, 2019 10:35 am
Forum: Other Discussions
Topic: Seattle Is Dying video
Replies: 29
Views: 764

Re: Seattle Is Dying video

dualstow wrote:
Tue Apr 02, 2019 9:39 am
The people who won't let the police do their job and who promptly release mentally ill criminal offenders- what is *their* excuse for their insanity?
Compassion? Big hearts? ::)
by Tortoise
Mon Mar 18, 2019 5:02 pm
Forum: Other Discussions
Topic: Largest College Admissions Scam Includes Hollywood Actresses and Coaches
Replies: 31
Views: 901

Re: Largest College Admissions Scam Includes Hollywood Actresses and Coaches

Obviously my friends were pretty bright or they wouldn’t have got into these grad schools but there are a fair number of studies that indicate the school doesn’t matter when predicting post graduation success...those predictors are a function of the individual’s personal characteristics. So super s...
by Tortoise
Tue Feb 26, 2019 9:06 pm
Forum: Other Discussions
Topic: A project that takes a REALLY long view
Replies: 6
Views: 334

Re: A project that takes a REALLY long view

That's pretty cool, although clearly we'd be saving a record of humanity's history for an advanced civilization since accessing it would require 1000x magnification and ability to travel to the moon. I've always wondered what would be the best way to save a record of humanity's history and technolog...
by Tortoise
Fri Feb 01, 2019 4:33 pm
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 2169

Re: Bitcoin investors are running from the crypto to invest in gold

I've always found it a little weird that Bitcoin could both serve as cash and as a wildly speculative investment. I just figured that it was going to have to stabilize before it could mature into a legit cash vehicle. Doesn't that also apply to gold? People have speculated in gold throughout histor...
by Tortoise
Tue Jan 22, 2019 2:26 am
Forum: Other Discussions
Topic: YouTube Junkie
Replies: 585
Views: 87701

Re: YouTube Junkie

by Tortoise
Wed Jan 02, 2019 7:15 pm
Forum: Other Discussions
Topic: THE RECOMMENDED
Replies: 3
Views: 407

Re: THE RECOMMENDED

Regarding finance books, the first one I read that sparked my initial interest in saving and investing was The Richest Man in Babylon . It's so short and plainly worded that even a young teenager can read and fully understand its basic message, and the fact that it's written in the form of a fiction...
by Tortoise
Fri Dec 21, 2018 4:21 pm
Forum: Permanent Portfolio Discussion
Topic: Gyroscopic Portfolios Is Now Under Construction
Replies: 24
Views: 4836

Re: Gyroscopic Portfolios Is Now Under Construction

It takes a really disciplined investor to stick to any given strategy when it is out of favour. (And all given strategies go out of favour from time-to-time.) Very few investors have the right stuff to stay the course. I guess the question is which psychological force is more potent: The fear of lo...
by Tortoise
Fri Dec 21, 2018 3:30 am
Forum: Permanent Portfolio Discussion
Topic: Gyroscopic Portfolios Is Now Under Construction
Replies: 24
Views: 4836

Re: Gyroscopic Portfolios Is Now Under Construction

Don wrote:
Wed Dec 19, 2018 4:28 pm
Ryan no longer believes in the P.P.
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