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LewisBraham
Hi Hank,
Your satire came across very well. Don't worry about the user name.
Best,
Lewis
Sometimes these remarks sound to me like a salesman who says, "There's no better time to buy life insurance." What active manager ever says it's a bad time to be an active manager and it's a "passive market" as opposed to a "stockpicker's" one? I ju…
Oh god, Ted, are you serously going to use the "Pocahantas" line when "Broke-a-hontas" is in charge? Get some new material and stop linking to sources that confirm your preconceived notions of how the world works. In finance, that's called "confirma…
Some of Warren's ideas are quite good:
Holding private equity firms responsible for certain pension obligations of the companies they buy, so that workers have a better shot of getting the retirement funds they earned.
Changing the tax …
It seems like every six months this subject comes up on this board. I'm not sure what it has to do with mutual funds, but also I don't understand why it keeps needing to be discussed. But to each his own. I think college isn't just about earnings po…
Since I wrote the article on Shielded Alpha ETFs they are discussing in this podcast, I feel comfortable in saying they didn't read it very closely. The ETF structure not only discloses all the holdings in its portfolio but uses a computer algorithm…
I've found that new items on Ebay are generally overpriced because of the hefty sellers' fees--I believe its 15% of the sales price--they charge which get passed on to buyers. Used items however can be a good deal there. I also think both Ebay and A…
The market may be beyond analysis, but mutual funds and ETFs aren't. Politics have entered the board because politics are interesting and dovetail with finance in myriad ways. Still, one can just ignore the Off Topic political comments and comment o…
@Edmond What I find ridiculous about arguments like the one you're making--basically that the elites are hypocrites about climate change--is that the earth's rapidly changing climate doesn't care one way or the other whether you're a liberal or cons…
The first apple pie recipe was written in England, not America, in 1381:
https://en.m.wikipedia.org/wiki/Apple_pie
Hot dogs or frankfurters are of German origin: https://en.m.wikipedia.org/wiki/Hot_dog
And last I heard, motherhood was not a uniquely…
It's a great fund for the right environment but during the 2008-09 crash not so much. It lagged both the S&P 500 and large value funds pretty badly then. So maybe close to the peak of an economic cycle, longest bull market in history today, migh…
Social Security benefits are guaranteed to keep up with inflation and last for life. That’s important when half of all 65-year-old American women can expect to live past age 86, according to Social Security estimates. The average life expectancy for…
@johnN Undocumented immigrants don't have access to free healthcare or public housing. Only their children born here that are legal U.S. citizens do--your so-called "anchor babies." But they can't vote as children. Nor can their parents. I believe s…
Maybe Bernie should call it the Paying Back America for Bailing You Out in 2008 Tax. Seems these Wall Street guys like socialism when it benefits them.
That depends on whether you want to support a fascist or not with your capital:
https://washingtonpost.com/news/theworldpost/wp/2018/06/25/erdogan/?noredirect=on&utm_term=.40604f7380a4
The question is when does investing in a regime become immor…
The "Canadian Warren Buffett" has left the building: https://theglobeandmail.com/globe-investor/globe-wealth/meet-the-warren-buffetts-of-canada/article35261534/
And there it is--the words "true Americans"--implying that some people who live here, perhaps those with different faces, ethnicities, genders or political ideologies from your own aren't. Oh, that is great code, among the oldest.
Will says: "You may notice that in my book the name Donald Trump doesn’t appear. … Neither does the name of Charlemagne or Doris Day or Humphrey Bogart. None of them have anything to do with conservatism."
But of course that is really a convenient f…
@Ted And they gave the Nobel Peace Prize to both Kissinger whom the left considers a war criminal and Obama whom the right believes is the devil. Your point? Your thinking Will is the most powerful journalist in America because he won a Pullitzer do…
Like the Bible, the intent of the founding fathers is subject to varied interpretations and Will’s is predictably reductive. Read this:https://en.m.wikipedia.org/wiki/Agrarian_Justice
Here also is an excerpt from a letter Thomas Jefferson wrote to M…
I hate to say this, but the author of this article should be ashamed. Look at the long-term history of this fund including before the 2009 recovery began compared to Berkshire or the S&P 500 and there's no comparison. You can do this by either c…
There are a number of small sellers on Amazon that when you purchase from them it doesn't ship from the seller directly but from Amazon's warehouse, i.e., the order is from a small supplier but "fulfilled by Amazon." That means I assume Amazon is pr…
Did this author seriously just compare Larry Fink to a cockroach? And does she not understand the historical connection to that particular simile, given Fink's ethnic heritage?
Although I still read the articles online, I stopped subscribing to the New Yorker after I saw this cover:
Anyone familiar with Manhattanites attitudes towards Brooklyn will know why. The New York Review of Books I've read for about a decade.
All very true, but I think a complex important topic like the fate of democracy deserves a lengthy well-thought out response, and this article builds to some rather interesting conclusions neither political party probably wants to hear.
