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.
Bad actors everywhere are using social media to play with facts, invent "alternative facts" and poison the environment. Brave New World. If he shuts down in Brazil, there's one less tool for the criminal scum-lickers to use. A backhanded blessing.
Changed the headline. Bump-up the list here. BCE, Telus, Rogers, Quebecor.
https://www.bnnbloomberg.ca/video/shows/trading-day/2024/08/16/we-are-seeing-a-bottoming-in-wireless-pricing-analyst/
Bank or credit union? We prefer the latter. Two banking accounts here. If you have a military connection, there's NFCU. Our other is Hickam FCU. You must live on Oahu to qualify for membership. Both have offered us superb service. Even on the Mainla…
The nice thing about Schwab ATM is the fact you can take out money around the world and they will refund you the fee by the end of the month.
Question: suppose you took out $300 from an ATM and you want to deposit back $150, how do you it with Schwa…
https://www.bloomberg.com/news/videos/2024-08-16/wall-street-week-08-16-2024-video-lzxcqwix
16 Aug, 2024.
Jan Hatzius of Goldman evaluates the consumer, inflation and employment numbers. "Inflation is no longer a major issue for monetary policy."
…
Vonnie Quinn is in again.
To me, there's nothing to write home about. HY yields at lowest now, YTD? That's the assertion. But my junk stuff defies that claim... And share prices have slowly crept upward this week, too.
https://www.bloomberg.com/new…
@hank Be very leery of those FV ratings on stocks offered up by different sources. My own experience says they don’t know what they’re talking about. I believe in this case they were stuck in some kind of ”time warp”. Because small caps has suffered…
A Subway, across from the movie theater. You stand. And wait. If you're unlucky enough to get caught behind 14 policemen on their break. Finally, you get your sub. You carry it out to a table in the big, wide-open hall. Tip? No. Pay the workers what…
OMG, I gotta find that restaurant.
Here ya go...
https://www.bourbonsteakdc.com/menus/
We now return to the regularly-scheduled B/S/W postings. :)
Many thanks!
@Crash, then there's Jeff Daniels at his Michigan best in Escanaba in da Moonlight! The guy's got quite the range.
Yes! Hysterically silly. Another winner.
EDITED. ...Also saw Charlie Wilson's War. Also superb. With Julia Roberts. Eye Candy. So, we helped the Taliban mujahideen against the Soviets. Charlie could never have predicted the junk that's happening in Afghanistan today. Damn shame.
https://e…
I saw that they agree about that. I see no problem, eh? What I long for is competing campaigns which focus on issues--- like that one, rather than crowd size, racial/ethnic background, and the other silly junk.
Dems and Reps used to start with the …
Yes, problem fixed. The double-authentication is stopped after I told Schwab to remember my laptop. The phone agent was typically friendly, overly so... Then he offered: it may be...
I said: OK. I'm just letting you know. I can't do the work of you…
+1. Smart cookie, @hank. Thanks for the message. I note your new position in RIO. I've been eyeing it. But I'm trying to KISS it. Keep things not so spread out "from hell to breakfast." Gotta unload something else before I go there.
I'm in good company. The West Wing was superbly written. Great character development. Deft and deep treatment of the issues! Daniels' speech (of sorts) in the first episode of Newsroom is already a classic. Viral everywhere. I'll always remember hi…
The saying, "In Russia, it is very difficult to predict the past," is now increasingly applicable everywhere.
If its difficult to predict the past, what chance do I have to be *convinced* about the future.
Yes. All those re-writes of history, the…
...and now, it's reported the Trumpster's campaign's been hacked by Iranian actors. And US Security authorities have reported that there is/was a plot to kill Trump--- unconnected to the shooting in Butler, PA. Holy cow. Jaypers Crow.
I DO have sy…
So, L. McDonald is convinced that we've turned a corner in the economic cycle. Systems and "market forces" work like a pendulum, from the point of view of "The Big Picture." There has been a rush to dive into Big Tech, but that means other sectors h…
New Schwab 'feature' --- over the past 2 weeks nearly every time I login I'm forced to verify my computer to them, sometimes multiple times a day. I have no idea why this is happening all of a sudden, but it is getting rather annoying.
Only happ…
There is already evidence of dementia or Alzheimer’s disease from his speech with shorter sentences, made up words, and monologues of nothing. Will see how he faces a former San Francisco state prosecutor in debates.
BOOM. Won't THAT be fun?!
From L. McDonald's book, quoting Charlie Munger:
"Trade and invest less. Sit back and wait for those top two or three opportunities that come along each year. Measure your level of conviction and allocate your capital accordingly."
I've learned not…
@Crash. …that was me. The “Psychology of Bubbles” was interesting, and that was the basis for my earlier comment regarding this book.
“One key lesson to take away is that for investors, bubbles are an incredible opportunity to make money—as long a…
@Crash,
Thanks for this thread.
I caught this interview that discusses some of his book's topics:
https://m.youtube.com/watch?v=DVZpIrRXr4o
I appreciate the link. I'm listening right now. Interesting. They are talking about stuff in the book, to …
@catch22. Another MFO participant mentioned the book. It's on his to-do list, to read the thing. Seems to me, he bought his copy. I was pleasantly surprised that my public library has a copy. :). Maybe I beat him to the punch? McDonald writes a re…
Assessing Your Risk Tolerance, from the beautiful people at INVESTOR.GOV.
https://www.investor.gov/introduction-investing/getting-started/assessing-your-risk-tolerance
And wouldn't you know? After all the sound and fury earlier in the week, we're almost right back to where we were before that short paroxysm. In '08-'09, I stuck it out, still throwing money into the 403b. Glad I did.
Mr. Market always overreacts b…
09 Aug, 2024:
Larry Summers is up first, until 10:41 into the thing. Macro picture, politics...
David Bianco. (I recall a Jim Bianco, too.). "Crossing the streams." Not-so-good messaging by the Fed, plus the bad jobs report lately, and the BOJ did …
09 Aug, '24
Chaotic week. By the end, Junk made a comeback. Yield curve briefly disinverted.
TCW advises to be long DURATION.
Ashok Bhatia: high quality BBs look good.
Maureen O'Connor: everyone was ready for such a correction.
Matt Mish: Credit …
And now it's getting the attention that the original scumbag intended. Good that this post rightly debunks the ferociously heinous rumor. But at the same time, they're making hay with the thing. Sickening.
