Search found 1694 matches

by Maddy
Tue Apr 11, 2023 1:06 pm
Forum: Stocks
Topic: Active management - recent winners
Replies: 6
Views: 2236

Re: Active management - recent winners

Yes, there's a paywall. Would you mind telling us what particular funds were being featured? I'd be curious to look at their holdings.
by Maddy
Tue Apr 11, 2023 8:26 am
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

If you wanted to determine what a typical jury verdict would be in a particular case, you would need to do it systematically, based upon a review of ALL relevant verdicts in a particular jurisdiction. By "relevant verdicts," I mean verdicts arising from cases that are at least roughly comparable, bo...
by Maddy
Mon Apr 10, 2023 8:45 pm
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

I could write volumes on the issue of tort litigation, but cutting to the chase, the idea of huge jury verdicts in nursing home cases is a myth. The one plaintiff's case in which I was involved led me to do a comprehensive review of past jury verdicts in care facilities, and the awards in even the ...
by Maddy
Mon Apr 10, 2023 6:46 am
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

It's hard to say how pervasive the problem is. Many nursing home residents have no one to speak for them, so when an instance of abuse or neglect comes to light, you can bet that there are many more that will never become known. And while I'm sure that the worst nursing homes are easy to identify, m...
by Maddy
Sun Apr 09, 2023 6:31 pm
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

Another case of abuse by nursing home staff. . . https://www.thegatewaypundit.com/2023/04/pieces-of-crap-two-florida-women-arrested-after-livestreaming-themselves-taunting-and-abusing-elderly-woman-with-dementia-hero-sheriff-goes-off-on-monsters-during-press-conference-announcing-t/ Very similar to ...
by Maddy
Sun Apr 09, 2023 7:24 am
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

The tenor of this discussion is revealing that it is not saving for retirement that is the problem; it's saving for medical care. Some questions to ponder: - Do folks over 65 really need to be on 12 different prescription drugs? - How much of what passes for medical care in the "over 65" crowd could...
by Maddy
Wed Apr 05, 2023 8:29 am
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

glennds wrote:
Tue Apr 04, 2023 2:52 pm
Did your friend catch anything on tape?
Yes, apparently quite a bit.
by Maddy
Tue Apr 04, 2023 12:53 pm
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

Xan wrote:
Tue Apr 04, 2023 9:07 am
Horrifying, Maddy. I'm curious how you found out about the situation with the friend's mother? Was the mother able to believably describe what happened?
My friend saw his mother's distress over something that was happening--enough so that he was motivated to put a tape recorder under the bed.
by Maddy
Tue Apr 04, 2023 6:54 am
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

The existence of those commercials indicates to me that this is a serious and ongoing problem, rather than that bad stuff doesn't happen because of the threat of lawsuits. The fact that terrible nursing homes exist would seem to indicate that the mechanism of state penalties / governor embarrassmen...
by Maddy
Mon Apr 03, 2023 11:55 am
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

I'd be curious to know what kinds of promises these CCRCs make with respect to quality of care. Are they definite enough that they could be reasonably enforced?
by Maddy
Sat Apr 01, 2023 6:25 pm
Forum: Other Discussions
Topic: How much to save for retirement
Replies: 101
Views: 74334

Re: How much to save for retirement

I think we can agree that whatever the figure is, it falls significantly short of the several million dollars you would need to even begin to have choices when it comes to planning for long-term care. And for most of us who are old enough to think about these things, no amount of saving or prudent i...
by Maddy
Fri Mar 31, 2023 7:54 am
Forum: Permanent Portfolio Discussion
Topic: I'M OUT!
Replies: 64
Views: 60051

Re: I'M OUT!

I would propose that it is the reserve status of the dollar that has allowed the U.S. to maintain its dominance in the international order. The reserve status of the dollar is also the reason why the U.S. has enjoyed its extraordinarily profligate standard of living and the privilege of being able t...
by Maddy
Sun Mar 26, 2023 4:26 pm
Forum: Permanent Portfolio Discussion
Topic: I'M OUT!
Replies: 64
Views: 60051

Re: I'M OUT!

Do geopolitics matter?
by Maddy
Fri Mar 24, 2023 4:43 pm
Forum: Variable Portfolio Discussion
Topic: Re: I'M OUT!
Replies: 22
Views: 3991

Re: I'M OUT!

joypog wrote:
Fri Mar 24, 2023 3:15 pm
From your other thread, I don't see how "Short-term treasuries, real estate with timber value, maybe a few old fashioned dividend-paying stocks with certificates" will save you in a national collapse.
Well, if I felt confident that they would save me, I wouldn't be an anxious mess.
by Maddy
Fri Mar 24, 2023 1:17 pm
Forum: Variable Portfolio Discussion
Topic: Re: I'M OUT!
Replies: 22
Views: 3991

Re: I'M OUT!

There are certain things that are indisputably different this time. And simple mathematics says that there WILL be a time of reckoning. The question is whether the government, which has so far managed to keep the ball in the air by injecting incomprehensible amounts of liquidity into the markets, by...
by Maddy
Fri Mar 24, 2023 11:50 am
Forum: Variable Portfolio Discussion
Topic: Re: I'M OUT!
Replies: 22
Views: 3991

Re: I'M OUT!

flyingpylon wrote:
Fri Mar 24, 2023 11:10 am
This is pretty much what I've been wondering. Is this not just a case of one of the asset classes being out of favor currently?
The thing is. . . Not a one of the other three asset classes looks rosy--or even safe.
by Maddy
Fri Mar 24, 2023 8:28 am
Forum: Variable Portfolio Discussion
Topic: Re: I'M OUT!
Replies: 22
Views: 3991

Re: I'M OUT!

I am grateful for the "thinking outside the box" that occurs on this forum. When I look at what's going on over at the Boglehead site, they're still just lumping along telling each other to "stay the course." Who knows, they may be right in the end, but for now the idea of putting on blinders just m...
by Maddy
Thu Mar 23, 2023 10:13 am
Forum: Permanent Portfolio Discussion
Topic: I'M OUT!
Replies: 64
Views: 60051

Re: I'M OUT!

I'm really sorry, you guys. I'm just feel incredibly defeated about what's happening, and last night it was really getting to me. It's the long bonds that are the real nut-buster. They're down over 30 percent, and even after reading Tyler's piece, I still don't see a plausible path to recovery. And ...
by Maddy
Thu Mar 23, 2023 8:01 am
Forum: Other Discussions
Topic: ChatGPT and what it means for our future
Replies: 135
Views: 44523

Re: ChatGPT and what it means for our future

Mark Leavy wrote:
Sat Mar 11, 2023 9:14 pm
But a few times I've gotten a long rambling email from the girlfriend and I couldn't make heads nor tails of it. I asked the AI to break it into relevant bullet points, summarize the points and suggest a response.
Absolutely classic!
by Maddy
Wed Mar 22, 2023 8:00 pm
Forum: Permanent Portfolio Discussion
Topic: I'M OUT!
Replies: 64
Views: 60051

I'M OUT!

For over a year now, I've been asking the question, "Could Harry have anticipated this?" I'm referring primarily to the extraordinarily reckless manner in which the dollar's reserve status has been abused, to the resulting distortions in the financial markets, and to the chaotic bufoonery by which t...
by Maddy
Tue Mar 21, 2023 6:23 pm
Forum: Other Discussions
Topic: Silicon Valley Bank Failure
Replies: 130
Views: 346748

Re: Silicon Valley Bank Failure

The only thing I can think of to do is to split your money between multiple banks and credit unions. Because credit unions are insured by an entirely different entity with different rules, and because credit unions are typically exposed to a somewhat different set of risks, that kind of diversificat...
by Maddy
Tue Mar 21, 2023 4:29 pm
Forum: Other Discussions
Topic: Silicon Valley Bank Failure
Replies: 130
Views: 346748

Re: Silicon Valley Bank Failure

glennds wrote:
Tue Mar 21, 2023 8:53 am
Where do you keep your money?
Do you have a way of paying your bills outside the banking system?
I don't have a lot of money, so that solves a multitude of problems!
by Maddy
Mon Mar 20, 2023 6:16 pm
Forum: Other Discussions
Topic: Silicon Valley Bank Failure
Replies: 130
Views: 346748

Re: Silicon Valley Bank Failure

It's fraud because what the bank says to a given demand depositor is effectively, "We will hold your demand deposits for safe keeping, and we promise to make them available to you for withdrawal immediately at any time." They don't mention the potential actions of "every single depositor", because ...
by Maddy
Mon Mar 20, 2023 12:13 pm
Forum: Other Discussions
Topic: Silicon Valley Bank Failure
Replies: 130
Views: 346748

Re: Silicon Valley Bank Failure

The current debt load in unmaintainable unless there is significant inflation. If the government were at all concerned about its debt load, it wouldn't be cranking the printing presses 24/7 to fund the most frivolous stuff imaginable. There's something else going on here, and it has the feel of a p...
by Maddy
Sun Mar 19, 2023 7:25 am
Forum: Other Discussions
Topic: Silicon Valley Bank Failure
Replies: 130
Views: 346748

Re: Silicon Valley Bank Failure

boglerdude wrote:
Sat Mar 18, 2023 6:34 pm
Business should have to pay for high limits like that
Let's see. . . You lend $250,000 to the bank. You get virtually no return on your money and become an unsecured creditor of the bank--subordinate to shareholders and secured creditors. Sounds like a good deal to me.