More people need to download the book...

...IT'S A $2,500 BOOK FOR FREE.

dualstow wrote: ↑Mon Sep 25, 2023 2:33 pm Boo!
Torrent?
Does anyone torrent anymore in this age of streaming?
VPN?

LOL. I totally forgot about my own VPN. Even after that thread about it.

I changed my location and It's working now. As far as YouTube is concerned I now live on the U.S. east coast!

This AAII NYC Event may be of interest to those who want to learn more about Small Cap Value. Hello, The AAII NYC chapter cordially invites you to attend a special two-part mega-event featuring two of our most popular speakers, Paul Merriman and Chris Pedersen. Date: Wednesday, October 11 Time: 6:3...

Really good documentary on a Russian journalist and Novaya Gazeta . The cojones on this guy! Another Frontline production. Don't know if it will play in everyone's region, but there's always a transcript. This was released 12 days ago but the transcript is already there. It starts out in Russian wi...

I had to Google whether "cracks $90" meant on the upside or downside. Looks like some pretty violent losses.

Hi Smithy! As an aside here is the drawdown with Spanish Shares replaced by Developed World TSM. So 50% of the portfolio is not linked to the Spanish currency. Still would hurt if you just retired! The drawdown drops to 17% if the bonds are replaced by UNHEDGED Developed world bonds. Bit better I t...

Seth Klarman's Margin of Safety is a book that literally sells for thousands of dollars online. It's quite rare, as only a few hundred copies were ever printed. Here's a PDF version that I found for anyone that is interested. 4_5985509768515553987.pdf Downloaded! Thanks! You're welcome! I'm reading...

Seth Klarman's Margin of Safety is a book that literally sells for thousands of dollars online. It's quite rare, as only a few hundred copies were ever printed.

Here's a PDF version that I found for anyone that is interested.

Hal wrote: ↑Fri Sep 22, 2023 6:18 am This caught my attention while poking around Tylers site! Obviously Gold was not much use in Spain in the 70's. If you used 50% 10year bonds to more closely approximate long term bonds the results were even worse.

OUCH!

I think this really highlights the importance of global diversification.

I know Steve Bannon is the devil in some people’s eyes (and on South Park), but I have to admit, he’s an excellent speaker. In the opening minutes, talking about AT&T stock and the financial crisis…it’s just good. I’m not saying I’m aligned with the guy. https://youtu.be/pm5xxlajTW0 And special...

barrett wrote: ↑Fri Sep 22, 2023 7:01 am Double posted something. Sorry about that!

Your punishment is 10 lashings with a wet noodle.

old thread, old pick. It is not my next pick. There’s an interesting article in the WSJ about Apple’s struggle to replace Qualcomm’s modem chip with something in-house. It’s relatively difficult compared to designing their own microprocessor. In the meantime, Apple will buy the chips from Qcom thro...

Canada and the USA are exceptionally economically and politically aligned. If Canada is getting nuked, it's probably because the USA is getting nuked too, in which case I think my point still stands. But are we really worried about 1st world countries getting nuked? And if we are, isn't mere surviv...

Nah, they didn’t really show up. Neither world war resulted in invasion of U.S. territory like Germany. A nuclear bomb was never dropped on the U.S. like Japan. The Cuban Missile Crisis was similarly peacefully resolved. There’s never been a political coup. The market has never gone to zero like ma...

dualstow wrote: ↑Wed Sep 20, 2023 6:59 am Lot of wisdom in your Sun-tzu quote, Smith

Never underestimate how much a man with a pocket full of nearly expired Subway coupons can eat.”

- Sun Tzu, 503 BC

He was truly ahead of his time, wasn't he?

dualstow wrote: ↑Tue Sep 19, 2023 6:41 pm Be careful, Mom Smithers!

Fortunately, it's an induction cooktop, so quite a bit safer!

dualstow wrote: ↑Tue Sep 19, 2023 2:28 pm Btw, it looks like you left a burner on.

lmao!!! That's my mom's place. She does that all the time.

Thanks though!

I never do that because I never cook.. LOL.

I can't believe I hadn't heard of King's Quest. I had to google it unfortunately. It looks like this would have been right up my alley, but maybe just a little before my time? It’s possible that Tortoise and Xan and i even played different generations of it. Mine was on a floppy disk, the big thin ...

Okay.

This is Lily post false fire alarm.. visibly miffed.

vnatale wrote: ↑Sun Sep 17, 2023 6:33 pm
The forever lovely Lily!

I told Lily about you. She said she wants to meet your cats.

I can't believe I hadn't heard of King's Quest. I had to google it unfortunately. It looks like this would have been right up my alley, but maybe just a little before my time?

https://papers.ssrn.com/sol3/papers.cfm ... id=3689958

I based a lot of the above on this paper.

but risk did show up . we have had crashes including losing 24% in one day , wars , the collapse of the savings and loans , the great recession, covid shutting the world down , the collapse of the dot coms , recessions , etc. those returns were with all the risk showing up. if it wasn’t for that fa...