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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
"Any guarantees are from the insurance company, so stick with highly rated companies."
If the guarantee we are relying on is the insurance company's credit rating, why not look at their or other corporate bonds as well or do annuity products come w…
@msf,
"No loss of principal, "high" rate that cannot drop, some liquidity, and tax deferral."
Could you please elaborate on your “No loss of principal” comment? I know next to nothing about annuities, except having looked at them superficially …
All it took was a secrete vote.
The Republican committee members that voted (via the secret vote) to release the report can ask me for a campaign contribution, though I should not have to bribe them for doing their job. It seems like a lot of Co…
@FD1000, Your post has nothing to do with my post you quoted in your post. I have enough trouble with forum members speed reading my posts and misunderstanding them. I do not need on top of that for you to quote my post out of context. Please re…
Trump had warm words about TikTok while TT appealed to the S Ct for stay of execution.
"“You know, I have a warm spot in my heart for TikTok because I won youth by 34 points and there are those that say that TikTok has something to do with it,” T…
X-airs and C-airs.
You may be on the right track. We might need a variation of your suggestions because the first one is used to mean certain sound applications and the second one is too close to an eye condition.
bumping up this important thread.
anyone biting bonds with 10 yr at 4.4%?
some of the new issue and secondary trades i looked at today indicate market participants are behaving like we are peaking for now on the 10 yr yield.
If you traded in an IRA how large can one go specifically in IEP without having to worry about UBIT? Was the K-1 painful?
Since you do not need much effort to get up to speed, may be it worth a relook at IEP. It is sub $10 a share now.
Do we have single words to describe people who have $10M and $100M? These days $1M is too little and $1B is still too large. A millionaire is a trivial word now and a billionaire is still not that common.
@catch22,
Wider picture but the CNN article is just a reminder of the wider picture.
if my statement sounds incomprehensible or improbable even after a week, send me a PM, I am more than happy to share examples of how we are the enablers.
Ever…
@BaluBalu
shifted FROM prwcx in non- taxable accounts to giroux's new fund.
I am assuming you are talking about PRCFX, which I do not own. I only own PRWCX of his products.
You can check the prospectus for both funds to see if he has unlimited f…
@equalizer,
I know of a distressed credit manager who keeps 100% of his investment between SPY and QQQ, depending on whether he wants to tilt to extra growth. My taxable account (mostly ETFs) is wildly profitable compared to my IRAs because I can…
I must admit having listened to this episode of Compound, I do not remember Rick preferring bonds over equities or vice a versa. But I remember he talking about companies’ margin expansions and the growth drivers for US economy. He did say 18% ret…
David G is calling we are in a bubble territory for equities not seen during his career. Evidently, PRWCX is 5% underweight at 56% equities. I am guessing it has to do with the higher discount rate. May be he is betting 10 yr interest rates to st…
Did you guys notice that many online savings rates are sub 4%? MM are still way higher. I guess when that flips, we will start sharing online bank rates. I would like us to keep this thread alive in some form.
Not a recommendation but when billionaires on both side of the isle hold Bitcoin, what do we think are the chances Bitcoin will wilt like Tulips?
Legally making money does not forgive mental frictions. I would not mix moral indignation and legally…
Between business exec and public officials acting with impunity, consumers (public) are screwed. We are getting crushed from both sides. Of course, we are the enablers of both those category of abusers. We are stupid enough to be hypnotized into …
YBB,
I suggested both FIO and OFR be folded into the Treasury department. It seems both of them already report into the Treasury department and those directors are appointed by the Secretary of the Treasury.
That only leaves the following to sc…
I did not know these two existed and may be should be folded into the Treasury Dept.
The Director of the Office of Financial Research;
The Director of the Federal Insurance Office;
Overlapping oversight / regulatory authority can be unproductive a…
Japan Govt debt may be 150% of GDP but what counts is how much of it is owned by the Japanese, especially its own central bank.
I thought the following was interesting:
“OTHER VOICES. Jenny JOHNSON, President & CEO of Franklin Templeton. AI hy…
I mentioned it just in case if we have any lottery seekers or that had followed its history in the past 3 yrs; otherwise, I was not expecting any takers.
Bump up.
Any takers here for KSS, currently priced at $14 and yielding 14% dividend?
90% payout ratio and unsteady track of divs in recent years .... not for me.
Deep value investor is a different breed, most of us here do not belong to. With tho…
Fart coin is now worth more than 38% of all US public equities. I think it debuted in late October and has grown more than a 1,000% in market price since. Trading volume nearly 100M. Market Cap is only $600M.
I have been questioning M* stock price for a while based on its business practices (or the lack thereof) but the faithful here have been making excuses for M* (just as they did for years for Vanguard). So, I suspect M* popularity will not be dented…
Thanks @WABAC. I think we both posted simultaneously and I would not have seen your last post if not for Rick’s reply. I would have instinctively clicked on the link your daughter received, though I should not. I need to practice more Impulse con…
I do not know how GLD is structured but it never had any cap gain distributions.
It is a question of whether in-kind redemptions are allowed by the SEC. The original permission to create the bitcoin ETPs did not allow. Let us wait for YBB to re…
