6/26/20
Not strictly a financial post, but i haven't seen anyone else make this comment and, if true it would certainly have bearing on the markets. Lots of people are remarking…
6/25/20
When the stock market is going up it is functionally indistinguishable from a Ponzi scheme. The only limiting factor is new participants or an endless supply of money for the…
6/7/20
Maybe the stock market is some sort of doomsday machine. We've so contorted and perverted capitalism and the good qualities of markets, focusing everything on the gambling house that is…
5/5/20
Thought experiment. Actually a several part thought experiment. First, what is wrong, and I mean the big, stupidly obvious shit, like the illusion that this is a capitalistic system, the…
5/1/20
Went to tractor supply yesterday and got some parts i need for the logging winch I am trying to rig up on our old forwarding trailer. I've driven by a…
4/30/20
What is the result of all the money being thrown at people and companies? Leaving aside inflation, moral hazard, debt, competition, what's really happening here? It seems to me that…
4/30/20
As the economy falls apart and the stock market soars back toward its all time high (not there yet and perhaps it will miss the bar like a trapeze artist…
4/18/20
It's so simple and obvious, the system is, and has been since about 2000, or maybe 1998 and LTCM, a system in which the "capitalist" cannot lose because they will…
4/1/20
Per capita our death rate is going to be, by the current estimates, at least 40 times worse than China, and this is with two months to prepare. is there…
3/31/20
What if the market is right, and what it is saying with its sudden and steep drop is that this a a huge disaster, so big in fact, that the…
3/37/20
I give up. The crash got me interested in investing again, but this is ridiculous. We're going to bailout Boeing, a terribly run company whose management ruined their flagship product.…
3/18/20
I watched Ackman's long rant. Funny how a guy who is so smart and articulate still resorts to the verbal tic of "Ok" between every sentence when he is excited…
3/16/20
I need a thesis. "I sought a theme and sought for it in vain," Yeats But i still need a thesis. Drifting around looking at this and that. Discovered JCTCF,…