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LewisBraham
Hi Hank,
Your satire came across very well. Don't worry about the user name.
Best,
Lewis
When exactly in U.S. history did folks who believe this hijack patriotism? From the prospectus:
The Sub-Adviser analyzes an initial universe of large-, mid-, and small-capitalization companies with market capitalizations of at least $1 billion. The …
@FD1000 Sure, and while we're at it, why don't we get corporate money, lobbying and influence out of politics altogether: https://washingtonpost.com/us-policy/2021/08/31/business-lobbying-democrats-reconciliation/
Oh, wait.
Aside from the fact that Zero Hedge remains a Russian propaganda outlet, why would an investor give more credence to the trading activity of the spouse of a politician than the trading activity of executives who actually run these companies and sure…
It seems like many people aren't too happy with The TreasuryDirect site:
https://nytimes.com/2022/03/11/your-money/savings-bonds-inflation.html
https://sitejabber.com/reviews/treasurydirect.gov
I just find the notion that crypto is somehow liberating people, and poor people especially, absurd. These are largely unregulated markets manipulated and controlled by a handful of wealthy investors and speculators: https://cnbc.com/2019/11/04/stud…
Part of the issue with I think Boomer and older generations and climate change is people don’t like being told they lived their lives incorrectly, that all that gas guzzling wrecked the planet. Acknowledging that is painful and they take it as a per…
My impression is the differences had to do with the months of expiration of the options the funds were buying. So, one fund might buy the July month and the other the August. Different expiration options have different sensitivities and pricing rel…
Thomas takes the cake as the most extreme, writing a separate opinion that the court should revisit same-sex marriage and the right to contraception; https://politico.com/news/2022/06/24/thomas-constitutional-rights-00042256
Either our founding fathers had a strange and convoluted sense of values, or the SC has things all wrong.
I would say both of those statements perversely are true.
It is doing exceptionally well, but pay attention to the returns for each calendar year from 2015 to 2019: https://morningstar.com/funds/xnas/pqtix/quote This fund does well when managed futures funds do well and they usually need definitive trends …
As soon as you add 2X or 3X to an ETF, things start to get weird. The returns are 2X or 3X on a daily basis, but long-term they are not. There are options decay and weird compounding issues.
Much like books, podcasts are impossible to generalize about. Some are good, some aren't. What a podcast can do that a radio show can't is go into far greater detail on a subject. Podcasts are particularly rich if you're interested in, for instance,…
The Fed cares a great deal about stocks historically and has bailed out wealthy investors time and again in the past. The reason this time is different is the Fed still cares more about inflation than stocks.
Not PGAEX, which is NTF: https://schwab.com/research/mutual-funds/quotes/summary/pgaex
PGAGX is the one with the transaction fee: https://schwab.com/research/mutual-funds/quotes/fees/pgagx
The waived expense ratio is worth paying attention to, thoug…
My impression with TAIL is it has problems with its bond allocation, which is in intermediate term US Treasuries-- a bad bet in a rising rate environment.
Annual report: https://prospectus-express.broadridge.com/PNet/summary.asp?clientid=pi&fundid=74440K512&doctype=ann
This actually provides a lot of good information regarding how the manager performed prior to the public mutual fund launch: h…
While I do indeed think it's possible to build your own long-short stock portfolio successfully as most long-short stock fund managers don't really do much shorting and charge high fees for that, I think it's important to note that PGAEX is not a lo…
The police are changing their story now and it looks like they didn't follow the protocol for an active shooter situation:
https://washingtonpost.com/nation/2022/05/26/uvalde-police-response-questions/
https://npr.org/2022/05/26/1101569972/uvalde-p…
I keep thinking about this in relation to the laws that exist and what has happened twice now in just a few weeks: https://npr.org/templates/story/story.php?storyId=141164708
I don't feel most people are particularly mature at age 18.
It's the "breakthroughs in AGI could a accelerate growth in GDP from 3-5% per year to 30-50% per year." that gets me. What sort of planet would we have to be living on for that to happen? What sort of carbon emissions would that level of GDP growth …
Messianism at its worst:
https://twitter.com/CathieDWood/status/1528179451070230530?ref_src=twsrc%5Etfw
https://seekingalpha.com/article/4513814-one-tweet-ark-innovation-etf-has-become-uninvestable
Cathie Wood
@CathieDWood
.@ARKInvest
must shar…
@old_joe The most popular comments under the linked photos are:
"Masks conceal the identity of criminals. True since Highwaymen in the dark ages."
"This photo is useless."
I'm not really sure what exactly you wanted the Times to do. They provided …
You do see the link to the photos in the story, right? It's not exactly the most revealing photo by the way as the guy is wearing a mask:
https://twitter.com/NYPDPC/status/1528699680443355137?cxt=HHwWgsCi0dGQhLcqAAAA
So where is the political corre…
Again, Zerohedge is a Russian asset:
https://bloomberg.com/news/articles/2022-02-15/us-accuses-financial-website-of-spreading-russian-propaganda
https://newrepublic.com/amp/article/156788/zero-hedge-russian-trojan-horse
He's 18 and the death penalty has not proven to be a deterrent to crime. In fact, doing that would turn him into a martyr. The FBI needs to investigate what and who turned him into a killer. They need to profile him and the people who influenced him…
If you have a stock with a 20 P/E or a 5% earnings yield and 10-year bonds instead of yielding 2% are now yielding 6%, you have to seriously ask why one would buy the 20 P/E stock? So the higher rates go, the worse all stocks, but high valuation one…
It seems much depends on one's perspective on interest rates regarding valuations. The more rates go up, the less attractive growth stocks with high valuations seem.
To me, these seem more interesting to purchase after their fixed-rates have already gone up, which investors may have the opportunity to do very shortly.
Well, yes and no, but this story argues for an imminent recession in the next few months. This is interesting especially if you think, for instance, about the lengthy discussion here about I-Bonds. I don't think that the high and low tide analogy is…