Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
I could buy one and start "the next unwinding when the bubble pops and people run for the exits" right away.
How much are you guys willing to pay me not to buy one?
Well, leaving aside the ethical question, if "Gundlach was doing this to generate securities for him to buy" one would at least hope that the securities would be reasonably safe. Why would you create crap for yourself?
A current article from The San Francisco Chronicle: No worries about oil or coal-
"The Trump administration has halted an independent scientific study of offshore oil inspections by the federal safety agency created after the 2010 spill in the Gul…
Here's a short excerpt from David's New York Times link:
"The rush to enact the tax bill was designed to mask — as a break for the middle class — what is in fact a $1.4 trillion package of benefits for key donors and lobbyists, the richest members …
@bee- I'm afraid that I don't keep an ongoing reference list of information sources for footnoting purposes, as do some posters here- Lewis Braham and David Moran, for example. However I do absorb a large amount of information from various sources r…
There's probably a good reason that the current administration has been so involved with Russia and the Ukraine: we needed expertise on conversion of our old liberal democratic political system to the new, improved oligarchical model. Whatever they'…
@hank- I can't say that I've experienced consistent delivery problems, but as for the rest of your observations I'm in agreement. Amazon screws around with their prices like you can't believe. One day an item is eligible for "Prime" delivery, the ne…
@Mark, @Ted: I know for a fact that some of the full-time workers at the Safeway in Guerneville CA are eligible for, in need of, and do receive food stamps.
I have read multiple times over the years that similar workers for Walmart are in the same …
@PRESSmUP: Thanks for the insight- that certainly explains Senator Grassley's comment. The working poor can't afford to hire accountants because "they are just spending every darn penny they have, whether it’s on booze or women or movies.”
"as opposed to those that are just spending every darn penny they have"
@bee- We read story after story of people who are just trying to get through life, paying the rent, buying food, raising their kids. Senator Grassley's comments suggesting "boo…
"This is a world of near-zero-sum games, where somebody’s gain means somebody else’s loss. Politics, in this world, is defined by class warfare."
The very face of class warfare:
“I think having the estate tax recognizes the people that are inves…
Nopees. Your useful shopping tip for today!
OK, just so happens that I have some personal experience with "Fruit of the Loom" skivvies. About a year ago some of my 30-year old shorts appeared to be approaching the end of their useful service life, …
@Anna- There are a lot of similarities, but also some major differences. In some ways the Senate bill is even harsher than the House version. Would have thought that it would be the other way around.
I am a bit unsettled by what appears to be sarcasm, if not outright ridicule in the comments of some posters here. There is no place for such commentary on a site dedicated to mutual fund investing!!!
:( :( :( :( :(
Regards-
Ted
@Maurice- With you all the way on this one. I also use NoSript to try and shut out Google and Facebook to the extent possible. The one exception is Google-analytics, which seems to be necessary to run MFO properly. MFO management advises that Google…
"There's an interesting question here as to whether privacy really exists anymore."
@LewisBraham- Yes, exactly. It's why we have absolutely no interest in Facebook, Twitter, or any other "social sharing" sites. And of course I realize that my attem…
@davidrmoran- And I'm the one who's paranoid. Right.
If you can't see the handwriting, it is (it's) because of willful blindness. Here are just a few existing NSA facilities (by no means the complete collection):
Utah Data Center:
That's certai…