Yes, along with Vanguard. Asset holders + homeowners are the most powerful lobby. They arent going to allow assets to drop nominally in USD, for very long. The governance issues are interesting, with Blackrock and Vanguard CEOs voting on your behalf https://old.reddit.com/r/Bogleheads/comments/14771...

Scott Adams isnt going to transmogrify anyone here into a conservative.

Never listened to the podcast, but they have one of the best sub-reddits. Maybe that isnt saying much. Its for centrist women or something.

https://old.reddit.com/r/redscarepod/to ... top&t=week

Not smart enough to understand bitcoin, but Gates, Bezos, Buffett and the corporate boards ARE the US government and their megacorps arent going to accept gold, bitcoin, or any sound money that isnt theirs . The company store. 10% seingnorage + its very difficult to start a war when you have to rais...

Any other Texans want to confirm?

Whats the motivation behind the pro-life folks. Are they really church goers? As a libertarian I dont get it but I want to at least empathize/understand

edit1 for some content: HWFO is a decent blog. https://hwfo.substack.com/p/newsoms-per-capita-shuffle

Why would people buy gold with cash at 5%. Is the money supply increasing at 7%+ ?

Id say they might create a boom for the election, but dunno if they'll ever lose again, with this new army of children(under 30s) on social media, martial law/lockdown option, and record immigrants.

In a couple areas I trust women more than men. Finance is one

https://www.lynalden.com/november-2023-newsletter/

Still tldr tho

> I am not able to precisely answer your question

Either he is AI or I am. Hope its me, studied gerontology for a while. Maybe I could upload myself to the cloud and troll for centuries

Also https://www.thisamericanlife.org/archive

Sound Money hasnt gotten much traction. The people who understand it give up and buy a bag of real assets. Or they end up a homeowner where the inflationary regime is mostly a benefit. Speaking of the Pauls, Rand pushing the narrative that covid was super deadly is sus. And it doesnt matter where it...

Vinny after listening to these podcasts, what have you been wrong about. ie who has changed your mind and about what Econtalk is good to add content to this post, Aunt age 64 had mild heart attack 3 days after 4th booster. Even the traditional flu shot needs another look, they guess which strain is ...

Its not that AI is going to outsmart us, its that the easy jobs it might replace are important, they keep people in a routine and away from drugs. many smart people will choose to do nothing when they have UBI and social media.

The world is historically richer than average and continues getting richer. Plus shrinking opportunity for risk-free return as family formation slows. Theres a savings glut. On the other side you have government with the money printer. if they increase money supply 10% year, no one is going to loan ...

Excerpt if paywalled You could imagine three phases in the life of a wildly successful billionaire hedge fund manager. In Phase 1, before you become a wildly successful billionaire, you will have access to more or less accurate facts about the world. ​You’ll be motivated to find out true facts, beca...

Go ahead m8 buy some REITs if you like the narrative. Maybe where you dont live, to diversify.

Randomly leaving this here, Levine on Dalio https://www.bloomberg.com/opinion/artic ... ity-issues

There were a couple posts claiming FAANG is overvalued and capweight indexes are "distorted" Maybe, but bubbles can last years. Meanwhile every day youre using headspace debating when to get out then back in. Titling wont have much impact either way provided you dont keep trading based on public new...

Tempting, but I dunno if I trust "anti-ethical" managers to not front-run their index

I trust the mob of investors to price things close enough. ie I hold market weight Own your home, and if you still have to tinker with something get a rental and fix it up. Add value. you'll be overweight real estate and inflation protection and can hold less 0-real-return gold Lots of reit discussi...

Disable auto-reinvest to avoid wash sale

I suppose screening for size is a bit of a quality filter. Slightly less likely to be a fraud-ridden company when over a certain size.

EDV down 33% since launch in 08. I backed up the truck early August at 3.3% 12-Month Yield. Today it's 4%. 5.17% SEC yield.

Trading it is pain. Can swing 2.5% in a day. Setting your limit order just outside the previous day's trading range is good enough I suppose.

Are we going to be Argentina or Japan? Failing states get very high inflation and rates. Japan has a closed border and stable deflationary culture.

In any event, PP theory holds until long bonds are at 0.

Past performance doesnt mean future results. There are thousands more investors throwing money into small value today than 20 years ago. Much more efficient markets.

Counter-narrative trading does tempt my brainstem tho. There's blood in the streets with long bonds

yeah you'll get 4.65 total return back after 25 years

its like holding a bond thats always 25 year duration

Anybody heard from robert kessler? Seems like he'd be buying

https://www.youtube.com/watch?v=y1EKb8dk0vg

Vanguard active funds. Thousands of boomers watching how much the managers spend on catering etc.

> debt to equity ratios for the CRSPR small cap

"Its all priced in" - That Guy

high rates hurt weak companies. value should surge when they start printing again.