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davidrmoran
Too cynical for me, and not in accord with my (long) experience in business or finance.
Wondering if you know many fund managers; I do a few.
All my questions are serious, although you may be one who simply enjoys or automatically leans toward impugning; interesting you take an assertion being challenged as being combatted.
Whatever. You wrote what you wrote. I called you on it. That's all.
It is really hard not just to go with this:
https://www.macrotrends.net/2526/sp-500-historical-annual-returns
even in the face of (what I am abiding by) this:
https://www.multpl.com/shiller-pe
and
https://www.multpl.com/s-p-500-pe-ratio
I talked with a smart old friend today and told him I had a month ago gone totally to MM cash at 4.25% (currently). Missing the ongoing runup. He said, 'Really? So you think the SP500 will not be higher at the end of the year?' It made me pause and …
hcr tonight
>> When he left office just a month ago, Biden said he was leaving the Trump administration with a “strong hand to play” in foreign policy, ... “an America with more friends and stronger alliances, whose adversaries are weaker and…
@davidrmoran: thanks for your views. Have you already consulted the books I cited?
I read Campbell summaries when their work came out, with reviews pointing out that along with wise advice it is cherry-picked, half-baked, lacking protein, to coin a…
@BenWP,
1 - How do you get your zinc, iron, calcium, D3, and B12?
2 - and while @msf nicely blew it up, and you did add a meaningless 'lest I be misconstrued', why would you post nonsense like this in the first place?
>> chicken eggs are…
>> I have worked many years as a contractor on state/gov projects. I have seen all of it. A big % of unqualified/lazy/bad attitude/only 5-6 hours on the jobs instead of 8/even sleeping employees.
Anecdotes are not data, but this is a common c…
Wishful, but I will post any thoughtful analyses of or counters to what the guy says as and if they appear
>> chicken eggs are terrible for human health
though I do have trouble taking your plaints seriously enough, given this sort of wack t…
Agree with FD and Edward.Less unnecessary political wisdom would be nice. Enough of that elsewhere. I am a conservative. Which means less govt., pro life, and for the 2A. This doesn't mean I support every little thing that POTUS does. More bonds,sto…
Thank you for these procedure reviews, and yes, I was 'basing' (as was ML) things correctly.
The only thing I could think of was that I skipped a reinv cycle the first month.
In any case I sold out of the position today, per:
https://paulkrugm…
sorry, extra-dim tonight and not quite following ... yes, the ML account shows a loss of 3.9% with everything reinvested, every month buying b/w 1 and 44 shares
relatedly:
Springtime for Scammers
Financial predation now has friends in high places
Paul Krugman
Feb 11
Just over two years ago Wells Fargo agreed to pay $3.7 billion — $1.7 billion in penalties and $2 billion in damages — to the Consumer Fi…
One of the appeals of public sector work is that a tradeoff for lower pay is expectation of stability and longevity (assuming good performance) barring budget cuts.
Not sudden layoff in the middle of doing really important work due to destructive …
I really want to have a one fund solution but I always find a reason to rule out every contender. Too much international,,, too long a bond duration,,, too much tech,,, not enough tech. But the main reason is I am afraid of being locked into 70% fi…
nope
see if you can somehow anon-open this article
https://nymag.com/intelligencer/article/donald-trump-and-elon-musks-blitzkrieg-attack-on-government.html
You guys are running a sit com. Ya I just added a couple of zeros to make someone chase their tail. $630m is about $20b today. Ok the US (contractor) lost 22-30,000 workers. I saw when googled “ Estimates of the number of people who died building th…
see if y'all can read this
https://www.nytimes.com/2025/02/03/us/politics/musk-federal-government.html
try and stop me w your slow weak institutions, just try
oh, sure, grift, graft, possible bribery:
https://paulkrugman.substack.com/p/why-has-trump-gone-soft-on-china
"Could China have, in effect, bought itself lower tariffs by enriching Trump personally?"
the end of North America, as (the data-driven; pace FD1k) PK puts it in today's substack column:
U.S. trade law gives the president huge discretion to impose tariffs, but only for a specific set of reasons: economic injury from import surges (Secti…
