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Nonius
Founding Member
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

Energetic
Forum Captain

Total Posts: 1532
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.

temnik


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.

Beavis
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!"


nikol


Total Posts: 1345
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)

R.G.


Total Posts: 7
Joined: Jun 2017
 
Posted: 2021-04-12 17:23
I had a feeling America is going to hell and bought quite a bit of that VXUS cr*p without noticing that thing is literally mean reverting over the past decade at least..
So, is that see all the sh*t in one's backyard but not in others' bias?

That said, I should start looking at defi or at least e-yuan before my dollar assets get cancelled because I own a copy of Bell Curve..

nikol


Total Posts: 1345
Joined: Jun 2005
 
Posted: 2021-04-13 22:23
Yes, FED is afraid of cyberattacks in the same way as of Russian hackers.
Reminds me hack of MtGox.

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