The practice of a currency swap is when two parties exchange an equivalent amount of money with each other in different currencies, in order to protect themselves from further exposure to exchange rate risk, for instance. “Many reserve managers buy JGBs and then swap or hedge the currency back into ...

After managing 2 rentals for 15 years, that no attachments lifestyle is starting to look....maybe justifiable

Theories on why Goldman did this?

Yes, but why

The White House event to celebrate Amy Coney Barrett’s Supreme Court nomination — a gathering that appears to have spread the coronavirus

Has the NYT always been BS? Or did the Internet destroy their ability to pay for quality writing and editing, so all we get is clickbait and trolling

Bookmarked this for when the libs say cops should shoot a leg
https://old.reddit.com/r/ActualPublicFr ... icers_and/
Warning: disturbing

Does he add value?

What does big business want? They fund both parties and call the shots. They are selling less stuff. But, they are getting bailouts by the billions.... hedging their bets? if small business and competition are wiped out/locked down, then they and their money/influence are the new state. If things go...

Checks on gov? Like overturning the 22nd amendment so Trump could serve more terms?

you can go anywhere right? why FL...

The formula is his personal opinion on how much of each stock to buy, instead of 1% of Apple, 1% of Joe's taco stand, etc which is what cap weight does. The S&P 500 is also active management as they hand pick the stocks. The total international index does poorly because there's much less effort ...

Anything other than cap weight is active management. RAFI is Mr Arnotts opinion on what companies are worth, based on the equation he came up with.

How much do you think he and his staff take in in fees every year (srsly, id like to know)

https://www.youtube.com/watch?v=C5Ahqp-J1Cw

Luke Gromen: If the 10yr goes negative the world will move to gold.
Part of the problem is our culture is geared for inflation. There's no system in place to adjust wages and mortgages down in a deflation

First, limit campaign contributions. Then wealth inequality wont matter as much.

Shame the rate re-adjusts before the election.

Two core problems 1) Personal freedom has been increasing and everyone agrees thats good. Punishment for drug use has been decreasing, eventually why not sell heroin at 711. Anyone who's never had an opiate high, combined with sustained access to it, might not be able to understand the problem. 2) T...

Buffet born in the ghetto would be a different story. we don't know.

Whats most interesting is he couldve retired long ago. The human animal likes (needs?) to fight

I have: 4% restaurants https://www.usbank.com/credit-cards/altitude-go-visa-signature-credit-card.html Discover 5% rotating categories, $50 sign up: https://refer.discover.com/s/gix657 https://www.discover.com/credit-cards/cashback-bonus/cashback-calendar.html USbank 5% categories https://www.usbank...

Vid about the homeless, funded by gun maker

https://www.youtube.com/watch?v=nSNBxnnawq4

"Fisher described prospecting for new clients like “going up to a girl in a bar … going up to a woman in a bar and saying, ‘Hey, I want to talk about what’s in your pants,’”

Never heard that expression. what point was he trying to make

A 70s style grind to 5%+ on the 10 year would hammer the PP. Unlikely to happen, but for some protection I'm looking at https://www.morningstar.com/etfs/arcx/pghy/quote https://www.morningstar.com/funds/xnas/mdhax/quote Here are the related funds https://i.imgur.com/jrGMzUt.png credit risk so it'll ...

"Anecdotally speaking, HSBC begged me to accept a measly $60K worth of silver in place of the gold that they were being paid to hold for me around 08' when I called some in during the last financial crisis- which while bad had not nearly the debt the system has in it today. It was instructive f...

Recent thread on AQR

https://www.bogleheads.org/forum/viewto ... ?p=5497456

+ getting your head caved in or caving someone else's in. I rolled a car down a cliff. Then someone pushed my last car over a hillside while it was parked. Tell us more :) Well, I dramatized my post and I deserve to pay for that. So ill write it up in the next few days. I do love hearing every deta...