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.
@msf- Yes, this algorithm surely can't give you a "hard number", but it is very helpful in making the point that the more people that you're exposed to, the greater the danger.
To some extent it can factor in the national "comparison between counti…
I'm simply pointing out that if the actual monetary worth of a rock used for making cement is 10¢, then it's material or intrinsic worth is 10¢. If, at any given time, speculators believe there is going to be a shortage of these rocks, and bid the t…
And as if we needed more...
These extracts are from a current article in The Guardian. They have been edited for brevity.
Factcheckers monitoring content on Facebook have put a “partly false” label on the latest video that it said was manipulated …
Let's not confuse stocks "continuing to go up" and "value". Value, as used here, is defined as "the material or monetary worth of something".
Note the "or": the definition does not say "the material and monetary worth of something".
The monetary w…
Speaking of "making paper money", isn't it interesting how we've all become used to seeing financial articles every day which casually measure things in "trillions"? It really wasn't all that long ago that most of us thought that "billions" were a …
@hank- Thanks. I'm afraid that it's been my long-term experience that people who need to resort to name-calling rants are simply incapable of any sort of a fact-based reasoned response. Surely you've seen that replayed, even here on MFO, over and ov…
@hank: Don't get your hopes up for a logical and reasoned reply based upon verifiable facts. The infantile name-callers, from the top on down, aren't up for that sort of thing.
Graphic with thanks to The Economist
As @Rono knows, I've got several hundred dollars worth (face value) of "real" silver quarters sitting here in a box. "Worth" a fair amount these days. But what good are they? If I take advantage of the current upswing I can convert those "real silve…
I'd be willing to bet a substantial amount that these are the very same people who never "accepted" Barack Obama either. We can put Mitch McConnell right at the head of that list. So what's new?
@WhollyTerriers-
Thanks for your posts- you've made some very interesting points which should not be taken lightly. I have absolutely no background knowledge in this area, so all of this is quite new and interesting. From your perspective, what wou…
• From The Guardian:
As U.S. coronavirus deaths near 150,000 Trump walks out of his White House coronavirus briefing
President Trump walked out of his White House coronavirus briefing on Tuesday night while in the middle of being challenged abou…
• From The Guardian:
Trump says 'nobody likes me' when asked about Fauci's absence
• The number of coronavirus deaths in the US approached 150,000. Florida marked a record-breaking spike in the death toll, while Los Angeles and Maricopa, Arizon…
@MikeM- I specifically posted this article with you in mind, hoping that you would be able to provide additional info based on your personal knowledge of Kodak. Thanks much for your commentary.
OJ
Trump's Secret Police will only succeed in increasing the tension and potential violence of the protesters. I'm not at all sure that he realized that going in- he might have just been trying for a major show of force to prove what a great leader he …
@LewisBraham- Thanks very much for that, Lewis. MFO is really a great place to ask for info on almost anything, given the extremely wide range of interests, occupations and life experiences here.
"The funds are not required to disclose detailed data about the size of their bets"
"Long before the turmoil this spring, the Financial Stability Oversight Council, established by Dodd-Frank, had repeatedly identified hedge fund leverage as a risk.…
@rono- Hi, Ron- have you any thoughts as to why the GSR is presently so high?
Other than the corner mail box we've gone out of the house about six times since March, but if we do, it's sure as hell mask time.
OJ
Following are excerpts from a WSJ article of July 9th, providing some insight into the current lumber shortage. During the March/May home isolation period my neighbor and I used the time to replace our backyard fencing. We didn't experience shortage…
@Hank said-
What we got now ain’t no swamp. No good ever flows from it. And I wish folks would stop calling it one.
Maybe one of these other terms might better fit: bog, morass, mud, quagmire
Try "stinking cesspool".
