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.
If you think too much about this it can drive you nuts. OK, so above I asked about the accuracy of AI answers, and the response, from some type of AI, was "not so good".
The thing is, how do we know what the accuracy is of the answer that I receive…
Reason I posted was I something I came across on another site where somebody wondered if retail investors using AI might be helping stoke the overheated market. Dunno. Lots of other factors. Managed futures etfs are hot now. The ones I’m familiar …
I wonder the extent to which Artificial Intelligence is keeping this turkey afloat? Anybody here using AI to pick storks or funds?
Forbes explains how AI can help you pick winners.
Hegseth: "It's tiring to look out at combat formations, or really any formation, and see fat troops … Likewise, it's completely unacceptable to see fat generals in the Pentagon and leading commands around the country and the world."
Famous Fat Peo…
Last evening I put 50 cents on the Yankees in the 3rd inning when they were down a run. It would have paid $1.54 had they won.
Any suggestions who I should bet on in game 2 today? Red Sox or Yankees?
FWIW - 50 cents wagered on NY tonight only pa…
Hegseth’s War on Fat
Has he looked at his boss? Obviously not familiar with Julius Caesar
CAESAR: “Let me have men about me that are fat,
Sleek-headed men, and such as sleep a-nights.
Yond Cassius has a lean and hungry look.
He thinks too much…
The passive bid is overwhelming. Bill Fleckenstein sometimes calls it “the tractor beam in operation.” Not sure what that means. But funny. From my perspective that makes it hard to really get a grip on reality (reasonable valuation).
And also…
I caught a bit of the Tigers vs Guardians game today while getting my car serviced. Not really a big Tigers fan, but nice to see them defeat Cleveland 2-1. Tigers really stunk up the joint the last couple weeks of the season blowing an 8-10 game le…
Was speaking to the generals when I flipped on the TV today. I first thought it was an SNL parody. But no. It was PH. Didn’t stay around for Trump who followed him. Sounds like they’re trying to scare the living hell of the brass not to question ord…
Thank you @bee for the link to David’s “Investing Without An Ulcer” piece. (Your 2nd link) Nice.
Omeprazole is a common ulcer medication. Not on that. But am currently using 2% injections of SPDN, DOG, TAIL and SJB. (Hurts just a little.) H…
:) My generic “ … not leading the pack” isn’t substantiated. Not sure what I’d compare PRWCX to. I’m running slightly ahead of PRWCX’s 10.28% YTD, which highly unusual. I generally lag. And in The Observer’s September issue @David_Snowball repo…
Just watching PRWCX from a distance, Giroux seems to be in defensive mode. Expecting better buying opportunities ahead. +10.20% over the past year ain’t nothing to sneeze at. Not leading the pack either. His 3-5 year time horizon is probably a …
The very reason that we only have a stupid-phone, and it's not even turned on unless we're actually using it, usually for a text message.
I love music when driving too much not to have my phone active. They long ago stopped putting CD players or cas…
You guys are right unfortunately. The data’s been there a while. Now AI can put it all together in an instant. Orwell wrote the classic 1984 in 1948. Spot-on on the authoritarian aspect. But he had no idea of the technology that would someday evo…
Yikes! 10 months after buying the Camry I stumbled upon “Air Play” “Car Play in the settings today - and got it to work. The bluetooth connection I’d been using for Apple music sounded damn good after I upgraded the speakers and added a subwoofer. …
I’ve watched the 30/70 variant (AOK) for years and considered buying it several times. Perhaps not relevant, but both got clocked pretty good in 2022. More than I’d expect on a risk / reward basis. That’s OK if you have a long term horizon. But d…
Same might apply to corporate debt. WSJ has been sounding alarms. Premium from investment grade corporates over government backed debt is at historic lows. Worse as you go down the ladder.
“Two sudden bankruptcies in the auto world—of a subpr…
Farewell tribute to Johnathan Clements from Jason Zweig. This should be a shared link.
https://www.wsj.com/finance/investing/saying-goodbye-to-the-wsjs-jonathan-clements-c5386910?st=amD5Q5&reflink=article_copyURL_share
For clarification - by “housing upgrade” I meant buying a larger or more extravagant house.
But thanks @msf for the insights into home improvement. I recently replaced the last existing non-insulated (60s era) window in my home with the more …
If you can live comfortably off the income stream generated (or average annual return on investment) then why spend it down? Somebody said, if a man could have half his wishes, he’d double his troubles. In the case of housing upgrades you’re look…
I don’t think there is such a thing as a perfectly “neutral” news source. Slant in one direction or another (whether intended or not) can be achieved by choice of who is (or is not) interviewed on a given topic, types of questions asked or not ask…
Can one by a vehicle today where the default option for all of these functions is OFF and not on?
No. I don’t think so. But you can turn off 90% of the stuff ISTM. Depends on make and model. Test driving and buying a new vehicle is a lot more cha…
I’ve never cared much for plain vanilla bond funds. Rate risk is the most troubling aspect. If you’re investing to stay ahead of inflation, rates are likely to rise if inflation picks up which diminishes a bond’s value. There are work arounds like…
You guy sound like you have wives nagging at you. My truck don't say nothin at me, and that's the way I like it.
What’s really annoying is the sticker-shaker (rattling steering wheel) that activates on many cars if, as @Derf mentions, you swing out…
Are we allowed to guess?
(1) We’ve captured an alien from another world.
(2) Something to do with the 25th Amendment
Keep in mind Pete hasn’t had good luck communicating with his military through normal channels.
@Anna makes a good point.
Just searched for some currency etfs looking for one to hold as a small diversifier. Bunch of different cryptos came up. ”Foreign” to me for sure. I’ll stick with FXF. Good as any.
I think OJ is correct about PBS. . More lean to the left and opposition to Trump and his policies in recent weeks. Lengthy interview with Ty Cobb Friday may be illustrative. In more normal times there’d be a second voice in that interview. These ar…
:) It’s spooky. My Toyota seems to receive software updates regularly, though I’m not informed.
Lately it’s decided to turn on the left turn flashers when I’m parked along a street as soon as I get in and start the engine. Damn - I’d rather deci…
Thanks for the update!
No problem. I lost a few dumb thoughts, but posted new ones late in the day. It’s a privilege to be able to interact with so many informed high quality posters here.
They've got to be watching you, if you're not payattention in self drive mode don't they warn you or something.... so I've read or heard.
Yeah - That’s what I’ve heard. I think many key in on your eyes to decipher whether or not you’re paying atten…
A camera for the back seat?!
@Derf - They used to say “Don’t come a knocking when it’s rocking.” :)
From what I’ve read Tesla’s the worst offender - more so when auto-pilot is engaged. But most seem to track car location and things like how long…
My first investment book was Andrew Tobias’ The Only Investment GuideYou’ll Ever Need. Most memorable point was that if the stock market ever enters bubble territory you should sell everything and move to cash. I may now be in flagrant violation of…
Added bit more risk today. Should raise the equity position from 26% closer to 30%. Buys included a few shares of CZR priced around $26.50.
Edit. I fumbled the hand-off and sold CZR the next day. Too hot to handle. I’m sure it will join the g…
Ford is rolling out new low interest rate loans for F150 buyers with poor credit scores. What could possibly go wrong? Following is supposed to be a shared link to today’s WSJ article.
https://www.wsj.com/business/autos/ford-courts-riskier-bor…
Thanks @Crash. Overall probably correct. But there are a few things in that picture that don’t quite add up.
And thanks for your JWST article. The time & distances involved are truly incomprehensible.
