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LewisBraham
Hi Hank,
Your satire came across very well. Don't worry about the user name.
Best,
Lewis
Look at the average market cap of Wasatch International Opportunities:
portfolios.morningstar.com/fund/summary?t=WAIOX®ion=usa&culture=en_US
If my memory is correct, it has historically had one of the lower average market caps of foreign …
Anyone else find it odd that Geritz's new funds will only buy stocks over $1.5 billion? I know this is what Grandeur probably wants to have a friendly non-competitive partnership, but doesn't this play against some of her core strengths? She was qui…
Maybe he's too busy doing other things to care about the fund anymore:
hussmanfoundation.org/
hussmanautism.org/team/hussman-john-p-ph-d-ms-ed/
hihg.med.miami.edu/
@Ted The thing is I don't disagree with you, but Marc Rich wasn't setting policy for our nation's school system. I've never claimed the Clintons were angels, but I do find it funny how the wife of a man with a somewhat checkered past can somehow be …
It is indeed often a member of the elite who leads the working class in a revolt--a demagogue. Once things have reached that stage, it is already too late. This is why liberal elites discussing such issues is not idle chitchat. It's a smart act of s…
@Anna, My whole point for posting some of my thoughts is to avoid the violent "revolution," which occurs when inequality becomes too great and often ends badly for everyone, by supporting and hopefully encouraging the expansion of the social safety …
I posted the CEO relative to worker pay charts and tables as symptomatic of the larger inequality problem not as the thing encompassing the entirety of the inequality problem. The entirety of the problem was first posted in the pyramid graphic that …
@MJG It's good that that you feel elevated enough as a poster to determine definitively where we have "hit our target" and where there has been "misunderstanding and misinterpretation integrated into individual posts" and when a conversation must en…
@Ted:
1. There is a lot more than $60 trillion worldwide.
2. This is not a binary--either share everything or winner take all--situation. There is room for both inequality, i.e., greed to motivate people and sharing so everybody else doesn't starve…
@Dan Did you see the graph and table I posted that showed real inflation-adjusted pay for workers peaked in the year 2000. It has not been "flat from the 1970s." And those later graphs aren't just for "CEO pay" but all Americans. And this attitude y…
@MJG You say the inequality problem is being addressed and decreasing in magnitude when the opposite is true. Your answer to the problem is that the problem has always existed and therefore we should ignore it when in fact much of life's problems ex…
@MJG "Not always, but most of the time, income inequality reflects the significance of the contribution made by the participants"
How do you explain the gender pay gap and race pay gap that exists in the U.S. today? How do explain the fact that most…
@Dan Are those the same intelligent people that hate "straw man arguments" who when presented with data on the problems of inequality post tiny vaguely racist images of natives with huts whom I suspect the implication is that they're "primitive" as …
@David Hey thanks, that's very nice of you to say. To me it's of vital importance that these social programs are at least maintained and hopefully expanded to address these inequality issues. Even if we could live in an isolationist "self sufficient…
@VintageFreak The thing I don't understand is how people will say any sort of social programs--welfare, Food Stamps, unemployment insurance, Social Security, Medicare, Medicaid, government subsidized education or job training and the increased taxa…
@Edmond Yes, about as strange as the working class voting for a party that seeks to reduce and ultimately eliminate their Social Security and Medicare benefits and will actively seek to preserve and expand those trade agreements to keep their corpor…
@edmond Most members of the "green crowd" oppose free trade deals just like Trump ostensibly does: http://ontheissues.org/Celeb/Green_Party_Free_Trade.htm
In fact it is the "Republican elite" that generally supports free trade and will seek to reign…
Pretty funny to post this clip from directors who may not be allowed to use a public restroom and are facing threats about their sexuality in Trump's America. From Wikipedia:
Lana Wachowski (formerly Laurence "Larry" Wachowski, born June 21, 1965) a…
@BrianW, Whose rule of law are we talking about? Are we talking about Trump's belief in discriminating against people belonging to a particular religion--Muslims--saying they will require separate rules from every other American even though our cons…
@Ted Actually, no I won't get over it. I assume that makes you happy, but you know what? That pleasure you derive from how what is essentially a fascist takeover of our government makes me feel reflects more upon you than me. I don't think the natio…
@BrianW
"Has he not heard how Harry Reid and Biden refer to Black people?" I really have to wonder what you're thinking:
politico.eu/article/15-most-offensive-things-trump-campaign-feminism-migration-racism/
nymag.com/daily/intelligencer/2016/11/…
Utah: Lowest divorce rate and fifth highest suicide rate. Hmmm. Must be all those happy Mormon marriages and tolerance for people with different sexual preferences: kutv.com/news/local/is-utahs-youth-suicide-rate-linked-to-utahs-culture-surroundin…
For better or for worse, it is the fund industry's Walmart. I have a feeling though that these latest ETF fee cuts at competitors like BlackRock, Schwab and Fidelity will put a dent in Vanguard's growth if it doesn't follow suit.
Ultimately, what we are discussing is the concept of pooled risk. The smaller and more sickly the pool of patients insured, the more expensive it will be to insure them. The larger and less sickly the pool, the cheaper it will be to insure. One reas…
@Dan, "The truth of that can not be validated because there are no alternatives." That's inaccurate because the alternative is what we had before the legislation was passed. And there is ample evidence cited by myself, Davidrmoran and others that a…
@Dan I am saying that the benefits have outweighed the drawbacks and that most of the pain the poor have experienced has not been caused by the law but by those actively seeking to block the law's proper implementation by refusing to expand Medicaid…
@Dan I'm not really sure you want to know the truth:
latimes.com/nation/la-na-obamacare-medicaid-health-20160805-snap-story.html
Many of the people you mention that have suffered are due to conservative states refusing to expand Medicaid: kff.org/un…
@briboe69 I suggest talking to any of the millions of people who were previously denied health insurance before Obamacare because they had a pre-existing condition or were dropped from their insurance plans because they developed a chronic expensive…
@MSF and Dan,
My well thought out idea for solving deficit issues in general for government programs is specifically a dramatic increase in the estate tax and short-term capital gains taxes, and lengthening the term for short-term to three or five …
