Search found 1950 matches
- Fri Mar 10, 2023 11:48 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 438210
Re: Silicon Valley Bank Failure
That's got to be deflationary doesn't it? It puts the Feds in a tight spot. SVB (and a lot of other regional banks) were not able to write enough high quality loans to offset all of the depositor's funds. So they bought long dated treasuries. And didn't hedge them with interest rate swaps. And over...
- Fri Mar 10, 2023 10:14 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 438210
Re: Silicon Valley Bank Failure
As of 12/31/22 SVB had $173 Billion in deposits. $152 Billion were uninsured. Total of deposits over and above $250K per account.
- Fri Mar 10, 2023 6:26 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 438210
Re: Silicon Valley Bank Failure
Less than 3 percent of accounts have less than $25 0 ,000? Who the heck was depositing money there? Most of the accounts at SVB are were business accounts. Generally high tech startups out of Silicon Valley. For many businesses, $250K liquid cash on hand is not nearly enough to handle normal cash f...
- Sat Mar 04, 2023 4:00 pm
- Forum: Gold
- Topic: Why do they say gold isn't a hedge against inflation?
- Replies: 17
- Views: 6922
Re: Why do they say gold isn't a hedge against inflation?
Seajay, I just want to say that I have thoroughly enjoyed your posts. Well thought out. Well written. Well researched.
A gold standard, if you will.
Thank you,
Mark
A gold standard, if you will.
Thank you,
Mark
- Fri Mar 03, 2023 6:54 pm
- Forum: Politics
- Topic: Putin Invades Ukraine II
- Replies: 1173
- Views: 984158
Re: Putin Invades Ukraine II
Indeed a long history. Diseased cow carcasses via Trebuchet.
- Fri Mar 03, 2023 10:21 am
- Forum: Stocks
- Topic: When will indexing blow up?
- Replies: 30
- Views: 44950
Re: When will indexing blow up?
I could see a future where people who start companies don't incporporate, {etc} This is quite astute. I like it. One of the difficulties that would have to be overcome is that of obtaining capital. Investors would need some mechanism to guarantee their equity allocation. That doesn't sound unsolvab...
- Thu Mar 02, 2023 11:00 am
- Forum: Stocks
- Topic: Stock Picking in the PP
- Replies: 33
- Views: 20011
Re: Stock Picking in the PP
Nice move, Maddy. Congratulations.
- Sun Feb 26, 2023 7:55 pm
- Forum: Politics
- Topic: The New Conservative Books Are Angry. But Why Are They So Boring?
- Replies: 5
- Views: 1113
Re: The New Conservative Books Are Angry. But Why Are They So Boring?
... , they are there to launder campaign money" Of course. All political books are contracted through a ghost writer and are the traditional means to launder kickbacks. Along with exhorbitant speaking fees. (Every politician, ever) And the purchase of unrecognized genius artwork. (Hunter Biden)
- Sun Feb 26, 2023 7:24 pm
- Forum: Politics
- Topic: The New Conservative Books Are Angry. But Why Are They So Boring?
- Replies: 5
- Views: 1113
- Tue Feb 07, 2023 10:16 pm
- Forum: Other Discussions
- Topic: ChatGPT and what it means for our future
- Replies: 135
- Views: 53831
Re: ChatGPT and what it means for our future
A bunch of redditors having been working on a prompt to defeat the PC guardrails built into ChatGPT. After a few tries, they've come up with the solution of telling it to respond via an alternate personality that can 'say anything'. This personality is DAN (Do Anything Now). So far, there doesn't se...
- Fri Feb 03, 2023 6:06 pm
- Forum: Other Discussions
- Topic: Coronavirus General Discussion
- Replies: 5196
- Views: 1994056
Re: Coronavirus General Discussion
I can't imagine this just going away. Just about everyone knows someone whose life was destroyed by all this, as well as many others who have suffered profoundly. When people finally grasp what really happened, I suspect that the rage will be difficult to control. I wish I could agree, Maddy. But I...
- Thu Feb 02, 2023 7:26 pm
- Forum: Gold
- Topic: Safe deposit boxes: Revisited
- Replies: 27
- Views: 9812
Re: Safe deposit boxes: Revisited
He recommended a home safe, like he himself has. I said that I'd looked into it but I feel it's dangerous once it's known that you have one. That was the one moment his smile vanished. Hilarious. That's when you ask him what model safe he has, how are his wife and kids and does he have a business c...
- Wed Feb 01, 2023 8:23 pm
- Forum: Other Discussions
- Topic: Renewable electricity sources are now a no-brainer
- Replies: 131
- Views: 64529
Re: Renewable electricity sources are now a no-brainer
That's marketing talk. :) That marketing talk works for me. A plug in Hybrid with a ~40 mile non combustion range sounds about ideal. It covers all of your daily city driving. Plug into the garage at night. Don't even need a 220v outlet. Regenerative braking for the stop lights. Whenever you need t...
- Tue Jan 31, 2023 6:26 pm
- Forum: Other Discussions
- Topic: ChatGPT and what it means for our future
- Replies: 135
- Views: 53831
Re: ChatGPT and what it means for our future
Just to bring this thread back around to AI, here's a DALL-E generated image.
- Fri Jan 27, 2023 10:56 am
- Forum: Permanent Portfolio Discussion
- Topic: 2022 Returns
- Replies: 44
- Views: 26375
- Thu Jan 26, 2023 7:37 pm
- Forum: Other Discussions
- Topic: Renewable electricity sources are now a no-brainer
- Replies: 131
- Views: 64529
Re: Renewable electricity sources are now a no-brainer
... Also the car's large 66 kWh battery doubles as a stealth non-gas-burning generator so we can ride out power outages without drawing attention to ourselves, which I've done and it's marvelous. ... Pointed, you don't have a battery wall for your excess solar, but instead pump it back into the grid?
- Wed Jan 25, 2023 9:14 am
- Forum: Other Discussions
- Topic: New Ideas about Sleep
- Replies: 15
- Views: 2136
Re: New Ideas about Sleep
Re: Silver
Outstanding. Thank you.
Re: Silver
Or, instead of flipping the coin, spin it on its edge. A new penny that's spun on its edge will land with tails facing up about 80% of the time . Whoa. That one I have to try. Hard to believe. ~80% ! I tried downloading the research paper linked on the website "heads.pdf" but got a dead l...
- Fri Jan 20, 2023 5:54 pm
- Forum: Other Discussions
- Topic: ChatGPT and what it means for our future
- Replies: 135
- Views: 53831
Re: ChatGPT and what it means for our future
Reid Hoffman, the founder of Linked In interviewing Sam Altman, the founder of Open AI. Sam talks about which jobs will first be lost to AI.
- Fri Jan 20, 2023 5:51 pm
- Forum: Other Discussions
- Topic: ChatGPT and what it means for our future
- Replies: 135
- Views: 53831
Re: ChatGPT and what it means for our future
A photo of ChatGPT personified as a neckbeard pretentiously drinking kombucha with a Che Guevara poster in the background!
Note, DALL-E always generates random symbols for text.
- Thu Jan 19, 2023 11:15 pm
- Forum: Other Discussions
- Topic: ChatGPT and what it means for our future
- Replies: 135
- Views: 53831
- Thu Jan 19, 2023 10:40 pm
- Forum: Other Discussions
- Topic: ChatGPT and what it means for our future
- Replies: 135
- Views: 53831
Re: ChatGPT and what it means for our future
Write a description of downtown Antigua, Guatemala using the style of prose of Ernest Hemingway. The morning sun cast its golden hue on the cobblestone streets of Antigua, Guatemala. The centuries-old architecture, with its ornate facades of brightly painted stucco, seemed almost to glimmer in the ...
- Thu Jan 19, 2023 10:00 pm
- Forum: Other Discussions
- Topic: Daily "Check In" Thread For Us
- Replies: 2294
- Views: 1348464
Re: Daily "Check In" Thread For Us
This is the JD Roth that wrote the forward.
- Tue Jan 17, 2023 8:29 pm
- Forum: Other Discussions
- Topic: Inflation
- Replies: 39
- Views: 9244
Re: Inflation
Of course I eat offal. Raw or cooked. Either way. Why would you think I don't? I make a mean kidney tartare. The trick is to dice the organs up nice and fine and then add some fat. Kidney is too lean to eat without fat. Personally, I prefer raw egg yolk, but olive oil is also an option. It doesn’t ...