Search found 526 matches

by Jack Jones
Mon Feb 13, 2023 12:37 pm
Forum: Other Discussions
Topic: Gardens
Replies: 9
Views: 1804

Re: Gardens

What are y'all growing? I just got a Smith fig tree that I am itching to plant. Just a few more days... I've been growing tomatoes, strawberries, cannabis, kale, and bush beans. I have a few apple and peach trees going too; they are more of a long term project. For the past two years, we only harve...
by Jack Jones
Fri Feb 03, 2023 6:40 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 239
Views: 119475

Re: BTC in the PP

Very creative definition of tithe O0 Seems appropriate: A portion of one's annual income contributed voluntarily or due as a tax, especially a contribution of one tenth of one's income for the support of the clergy or church. Unrelated. I was wondering why the feds are so concerned about cryptocurr...
by Jack Jones
Wed Feb 01, 2023 9:00 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 239
Views: 119475

Re: BTC in the PP

My thoughts on this have evolved a bit. There are different roles to play in the Bitcoin space. They include miners, speculators, true-believers, capitalists. These roles are not mutually exclusive; you can play multiple at the same time. I am a capitalist and true-believer: I have wealth to allocat...
by Jack Jones
Tue Jan 31, 2023 12:22 pm
Forum: Stocks
Topic: Stock Picking in the PP
Replies: 33
Views: 19777

Re: Stock Picking in the PP

Just an update on this, I went through with it, and it's been fun. Unexpected joys like proxy voting and buying products from companies that I own. It's been interesting to see the winners and losers of companies I selected from across the economy. I tried to focus on high-beta companies (HB) that a...
by Jack Jones
Tue Jan 31, 2023 12:08 pm
Forum: Politics
Topic: The Twitter Files
Replies: 163
Views: 65797

Re: The Twitter Files

boglerdude wrote: Mon Dec 05, 2022 12:23 am > favorable to conservatives and libertarians

Oh no!
Where I'm from, the locals are terrified of libertarians. Democrats, Republicans, they can understand. Libertarians are a huge boogeyman for some reason.
by Jack Jones
Thu Dec 15, 2022 4:00 pm
Forum: Other Discussions
Topic: Casino-Chip Society
Replies: 9
Views: 1276

Re: Casino-Chip Society

However, for purposes of this discussion I have what is called the Walmart test (or pick any large commercial entity that doesn't buy/sell trade precious metals). If they don't accept it, then it isn't "money." Nor is the USD money in Australia only the AUD is. US Gold Eagles pass your Wa...
by Jack Jones
Thu Dec 01, 2022 2:37 pm
Forum: Other Discussions
Topic: Casino-Chip Society
Replies: 9
Views: 1276

Casino-Chip Society

https://brettscott.substack.com/p/casin ... ss-society

My takeaway is that I'll continue to cash out some of my chips into gold and Bitcoin.
by Jack Jones
Thu Nov 17, 2022 3:28 pm
Forum: Variable Portfolio Discussion
Topic: A history lesson for our crypto trolls
Replies: 24
Views: 4185

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: 24
Views: 4185

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: 1497

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: 35
Views: 3931

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: 51
Views: 17090

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: 42
Views: 10707

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: 341
Views: 164499

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: 53
Views: 44137

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: 51
Views: 17090

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: 53
Views: 44137

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: 3652

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: 3006

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: 3006

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: 54
Views: 20301

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 env...
by Jack Jones
Fri Sep 09, 2022 2:52 pm
Forum: Permanent Portfolio Discussion
Topic: Are most people here sticking with Treasuries?
Replies: 341
Views: 164499

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: 2293
Views: 1333814

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: 7611

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...