Don't get your meat where you earn your bread. First time I am seeing this one. Original to you? No. I don’t remember where I first heard it. 😱 A Bing search reveals several references to it. Before reading one of them I could not fathom what it meant. https://idioms.thefreedictionary.com/don%27t+g...

As of the last hour I am now an official active member of Bluesky after discovering that my favorite New York Yankees fan person has essentially fled X and is now seemingly exclusively on Bluesky as of 17 days ago. From nothing I now have 9 followers and am following 172. That contrasts with my X s...

Don't get your meat where you earn your bread. First time I am seeing this one. Original to you? No. I don’t remember where I first heard it. 😱 A Bing search reveals several references to it. Before reading one of them I could not fathom what it meant. https://idioms.thefreedictionary.com/don%27t+g...

Don't get your meat where you earn your bread. Hmm, that's a new one for me. Interesting. I heard something on 'Sopranos' which I think is very similar, but it's not really family-friendly enough to post. O0 - - - I just got a new PC. I am one of those rare birds that bought a PC after having Mac f...

Mountaineer wrote: ↑Wed Dec 04, 2024 5:48 am Don't get your meat where you earn your bread.

First time I am seeing this one. Original to you?

Mountaineer wrote: ↑Tue Dec 03, 2024 7:19 am You catch more flies with honey than with vinegar.

That is a timeless one.

However, am I remembering using apple cider vinegar to catch fruit flies?

There must be countless examples of this- “even a broken clock is right twice a day” Most people use digital, and a fair subset of those are used to self-correcting cable boxes, computers and cellphones and not much else for telling time. “Just under the wire” “burning the candle at both ends” or “...

from the main bitcoin thread; Don't mean to sound like a broken record , but I really recommend those Michael Saylor podcasts/interviews/speeches. He's the best statesman for Bitcoin in the whole world IMO. "Don't mean to sound like a broken record" When will that cliche ever be updated /...

Don't mean to sound like a broken record , but I really recommend those Michael Saylor podcasts/interviews/speeches. He's the best statesman for Bitcoin in the whole world IMO. "Don't mean to sound like a broken record" When will that cliche ever be updated / replaced? When is the last ti...

The funny thing about these diversified portfolios I've been playing with all these years, whether it be the PP, GB, All Seasons etc., they all would have been demolished by anything that had even a modest allocation to BTC. I really think it deserves a place in these strategies. For how many years...

... the Fed has more legal power to print than when the PP was concocted. Im treating long bonds like gold, as insurance. You want most of your wealth in real assets that do work ie they are worth 100,000 widgets and they produce 1,000 widgets per month. So, a business or rental property. Basically...

But because the Fed doesnt offer savers a real return on bonds, it is possible for too many people to blindly throw all their savings into VTSMX Hey now. When Pointed Stick put everything into equities, I doubt it was done blindly Yes. Mr. Pointed Stick would never do anything blindly. Conversely, ...

I haven't read it yet. But definitely will! I wonder if his conclusion will be the same as it always has been in his books: buy gold. When his 2021 book came out I did heavy excerpting of it here. Here was the chapter where he gave his investing recommendations. https://www.gyroscopicinvesting.com/...

Xan wrote: ↑Sat Nov 30, 2024 9:13 am Your house dropped 30% of its value between 2018 and 2022? I would think that's a very rare situation.

My Zillow graph for the last 10 years. It was not precisely between 2018 and 2022. It was the two months I chose for each of those two years.

Was there any time period when one held TIPS were held to maturity that you did not get what was promised? A rate of return plus the inflation during that period? Yes, the entire time. The 'inflation' metric the government has invented and constantly changes, with some changes major, does not measu...

Jim Rickards has recently come out with yet another book.



MoneyGPT: AI and the Threat to the Global Economy

The salient questions here are:

1) Has Smith1776 yet bought it?

2) If so, has he yet read it?

As William Bernstein and others have pointed out, the four economic scenarios Browne was concerned about are not even close to being equally likely to occur, … I mean I get the appeal of equal weighting in terms of simplicity and rebalancing but IMHO it makes no sense otherwise. … It’s an agnostic ...

William Bernstein is one among many who have shown that gold is not an effective inflation hedge. It is a severe circumstances hedge. Well Bill Bernstein is a huge huge huge fan of TIPS. Ive heard him speak about it several times. Regardless, look over the years since TIPS were out. Pick reasonable...

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 ...

As of the last hour I am now an official active member of Bluesky after discovering that my favorite New York Yankees fan person has essentially fled X and is now seemingly exclusively on Bluesky as of 17 days ago. From nothing I now have 9 followers and am following 172. That contrasts with my X si...

I guess Xan’s link took care of it but, basically: Zijin Mining of China paid 1 billion dollars (pronounce “Billion” like Dr Evil) to purchase this massive gold mine in Columbia from the Canadian owners. Illegal local miners in league with a cocaine and people smuggling gang use explosives both to ...

I'm not sure why you experienced this Vinny. There is a lot of long form content on Reddit. Reddit is pretty deep. +1 it’s twitter that’s shortform by design. Reddit is often longform. I got banned from a cute pet subreddit for chiming in with an anecdote about a pitbull attack, following 2-3 simil...

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 ...

Thats the problem with communist fantasies, in practice people abuse power. Maybe Vinny wouldnt, but he's not the type that works to acquire power. Congressmen should be selected at random from qualified pools. And term limits. I was auto-banned from dozens of subs including "pictures" an...

It all started when I made comments about my Texas Senator Cruz, who I dislike. I got banned from r/texas Then in r/politics I responded to a question about the Hispanic electorate here in Texas with my own observations. That's when the permaban took place. The bot said... "you've made a racia...