Billionaires are our monarchy. Singapore pays pays public servants millions to reduce bribery. Not sure yet if I agree. https://en.wikipedia.org/wiki/Cabinet_of_Singapore

Why is the president allowed to hide his tax returns, if youre not willing to be transparent dont run for office.

Politics as usual. We just have social media now. Whats funny about human nature is we act outraged when an injustice to Our Guy happens, but would be fine with impeachment even if facts had to be "stretched a little." People cant admit that when it suits them, two wrongs make a right. Is the rest o...

Shame he moved to moneymaven. Which scripts on that site can I block and still have comments work

NIRP is good, means there's a savings glut. Japan/germany are rich countries with a high quality of life. Dont be mad cuz you cant have the risk free return that you used to get with high population growth

http://bilbo.economicoutlook.net/blog/?p=31715

https://fred.stlouisfed.org/graph/?g=mc6A

Looks like a lot of e-cash sitting around compared to before 08. Thats still not enough liquidity?

> How much can the FAANG stocks really grow from here when they already have trillion-dollar market caps?

This is Arnott's shtick, check out the RAFI funds

https://ritholtz.com/2018/07/mib-gettin ... ob-arnott/

Wouldnt gold work better as money if there were no mining? Its supposed to be a stable benchmark against which to price everything else

I started the PP just before Trumps election and EDV got crushed by the inflation expectations Yeah everything looks expensive right now, but long term rates will probably go lower just like the rest of the world. Gold would go higher with negative rates, as a way to store value. Have a mortgage you...

Value investors mocked the Facebook IPO, but it's outperformed?

https://www.businessinsider.com/faceboo ... ary-2018-5

thats the idea, companies where market sentiment is bad but fundamentals are good

But now everyone's looking for that. I wonder how much Arnott and Swedroe make every year from our fees?

PP drama xD 20% VP means you keep adding to it if it goes down. Go ahead and gamble, just call it gambling. Some poker players are better than others right What Browne, Shiller etc think is just appeal to authority. We cant all get PhDs in technical analysis and make money because its zero sum. Unle...

The world is gray, these categories blend. Investing (eg Buffett): Studying a company and being ~80% sure it will profitable. You have all the information. Safe bets. Good ideas get funded and everyone wins. You cant be Buffett because he has a seat in all the boardrooms. pseudo-investing (eg Dalio,...