• 10 Posts
  • 223 Comments
Joined 3 years ago
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Cake day: June 14th, 2023

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  • Any suggestion that there’s something questionable or unreliable about the American democratic process is a trick by the Republican Party to suppress liberal voter enthusiasm. And if you mention it you are helping the Republicans win. Also Russia.

    If you’re still in line, stay in line. Our elections are secure. The midterms is winnable if you vote in it. Shut up and do what we tell you or you’re an enemy.










  • would like your take on the Buffett Index topping 200% for the first time (total stock market value vs. GDP). It was around 130% in 1929 and 2008.

    I mean, Berkshire itself is trading at 15 p/e. So if you take the index seriously, it’s a good place to shelter your money when the storm hits.

    But Buffet was a value investor and we’re in a growth investor economy. I wouldn’t say the index is a good indicator of a pending crash any more than it was three years ago.

    Considering the disproportionate amount of stocks in AI, and, so far, no clear path to investors seeing a return, I’m scared shitless.

    Bulls make money

    Bears make money

    Pigs get slaughtered

    Diversify your portfolio, understand why you think an investment has a bright future (and when that future has dimmed), don’t try to time the market, and don’t beat yourself up if you’re wrong.

    I don’t see anything in this market to be afraid of. I see a plethora of opportunities to generate healthy returns long term.