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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
\\ “Here’s What You Should Do” - By Burton G. Malkiel
>> A bit presumptuous isn’t he?
Since you are so endlessly prolix on this forum, I just do not understand how often you also are dimly reflexive. Malkiel! It is not as though you are uni…
damn
PRPFX has outperformed PRWCX the last 5y, everyone's hard-on here for over that period of time ! --- good on them
otoh FPACX has done quite a bit better than either !
double-damn
otoh2, if I had taken my subpar-investor father's advice i…
Thanks @Mark
“Here’s What You Should Do” - By Burton G. Malkiel
A bit presumptuous isn’t he?
don't be ignorant
(quite aside from his possible playing down of the clear move toward autocracy)
related gift nyt article:
https://www.nytimes.com/2025/08/10/opinion/stagflation-trump-economy.html?unlocked_article_code=1.dU8.7328.SqDKI87QMSKP&smid=url-share
bah, come on --- professional perennial econ crapologist SMoore is on the case:
https://paulkrugman.substack.com/p/the-political-economy-of-incompetence
We are more doomed
https://www.wsj.com/politics/elections/democratic-party-poll-voter-confidence-july-2025-9db38021?st=spSNJa&reflink=desktopwebshare_permalink&fbclid=IwZXh0bgNhZW0BMQABHm2ITayDCSgrGQ978jmdg20bq5EfM05zX7RC9GS_5HzPnuPsfOq96N…
From Hank’s link. It is lope-sided in favor of Japan’s auto industry.
The new deal includes access for American cars in Japan, but that isn’t much of a carrot. American companies sold only 16,000 cars in Japan, a mere 0.35% of that country’s tota…
Is this politics? Dow 45k.
PK:
There are three main things you should take away from this deal:
1. It will increase, not reduce, the U.S. trade deficit
2. It will accelerate America’s descent into crony capitalism
3. U.S. consumers are still f…
DBrooks NYT
This loser country cannot respond as it should and once did
" ... on Oct. 4, 1957, the Soviet Union launched the first satellite, Sputnik, into space.
Americans were shocked but responded with confidence. Within a year the United Sta…
Boy is valuation expansion a great phrase: no more punchbowl, greater fool, froth, bubble, overbought ... 4th-highest SP500 p/ ever and 2nd-highest Shiller. Party on.
oops
Texas
[NYT (CFlavelle, JDGoodman, AFuller)]
\\ “It is likely” that Kerr County “will experience a flood event in the next year,” city and county officials concluded in a report for the Federal Emergency Management Agency released last Octob…
I agree with you and I've been tracking their progress along with the addition of CGDV and QLTY into the mix. Why? I felt the addition of one or the other would add to my overall portfolio balance but I couldn't choose which one. I started positions…
At DavidrMoran. I gotta tell you that I earned every penny,,,, Detroit junior high schools in the early seventies were very interesting.
Sure; I taught English four years then, 9-12, at a rough Boston-area school though little like yours (Catholi…
A lot of old Kiplingers are on line at google books. They're always good for a blast from the past before the internet.
Some of the old Playboys are pretty good too. The April April 1987 edition features an “exclusive interview” with the great Lo…
I have written, every few months as necessary including within family since Bank of America has limits on electronic transfers, ancient Fidelity checks going back 15 or 20 years, dried and curled-up edges, without any problem whatsoever
At Hank. In 1970 I was a substitute teacher in the (not) suburban Detroit schools. $ 37.50 per diem. Food seemed expensive but gas was cheap.
That’s an extraordinary per diem for 1970 !
You of all people should have a subscription
https://www.nytimes.com/2025/06/27/opinion/trump-budget-big-beautiful-bill.html?unlocked_article_code=1.Tk8.wSgs.OFKFM1hFVG9H&smid=url-share
I certainly appreciate her spunk, but what a slender reed to lean on to save us from moral and financial disaster. We now depend upon one lonely woman to restrain Congress and the "president'? Six members of the judicial branch have insured no help …
