Forums  > Trading  > Americans keep on borrowing and spending....  
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Nonius Unbound
Total Posts: 12800
Joined: Mar 2004
Posted: 2004-12-14 21:27

what to do?  Is there too much complacency?  sorry for any mispellings here.....

I keep on coming back to the image of a poster in the office of a very successful head of evil trading here as SuckCool....the poster shows some cows eating grass.  One of the cows is saying to the viewer, "It's just grass."

mkay, so it's just grass.  Why do we need to apply conservation laws and SVMs and GAs and Kahler manifolds and super cool models of skew to the cube of volatility jerk off movements? 

Chiral is Tyler Durden

Forum Captain

Total Posts: 1518
Joined: Jun 2004
Posted: 2004-12-14 22:21

For those who haven't seen this piece by Warren Buffett in Fortune.


Pirate Flag Quote me as saying I was misquoted.


Total Posts: 204
Joined: Dec 2004
Posted: 2004-12-14 23:36
Good article by Buffett - a flexible, adjustable quote system.

Unfortunately, on a personal level, spenders have fared much better than savers for the past ~15 years. Like, why-oh-why didn't I get into real estate 10 years ago or borrowed at negative real rates last year?

And, realistically in the next few years, spenders will be bailed out again by Fed allowing inflation - at the expense of savers. That's because there're so many spenders in the US (gov't included), and politicians will have to bail them out.

Mon m├ętier et mon art, c'est vivre.

The Excommunicated

Total Posts: 913
Joined: Apr 2004
Posted: 2004-12-15 14:16

"That's why I aksed Congriss to make maa tax-cut package perminent!"


Total Posts: 1276
Joined: Jun 2005
Posted: 2021-01-05 17:39
"spenders have fared much better than savers for the past ~15 years."

15 years more
Would be interesting to benchmark.

... What is a man
If his chief good and market of his time
Be but to sleep and feed? (c)
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