The two graphs toward the bottom capture the basics pretty well. Give up some upside for a reduction in downside. The main thing is to try and avoid expensive times when you buy options...buy insurance when NOT needed vs. close to need. By then it’s too late and you will likely not do well. Also...s...

What about proportional electoral college? A couple states do that already, so there must be some constitutional way around the normal method? Yes, any state that wants to award their electoral votes proportionately is free to do so. And I heartily recommend that California lead the way by awarding...

That’s a good idea, though I would argue for a higher limit. Saving for retirement shouldn’t be so ridiculously complex in terms of legal mechanisms to do so. I’m currently contributing to 4 different numerical alphabetic combinations. I just hope I don’t die before I retire and can consolidate as m...

Playing devil's advocate, Why do only democrats have to pay for things? Last few President's, growth of the deficit goes up under Republicans, down under Democrats. Gone up bigly under current administration. One of my favorite political quotes ever: When it comes to the federal budget Democrats li...

Some issues are really old...and all of this was specifically so Boston, NYC and Philadelphia (at the time) wouldn't control the entire country. The following is sort of an end run being attempted...https://en.wikipedia.org/wiki/National_Popular_Vote_Interstate_Compact I don't see the electoral coll...

If LTTs are such a bad deal, why do they get snapped up? Presumably because one of the entities snapping them up (or planning to) is the Fed, and they are doing so not because it’s a good deal for them, but because it helps keep long-term rates low for government borrowing. https://www.reuters.com/...

It will be interesting to see how things change. History shows thing go mostly back to normal with some changes to pre-event norms. I kind of hope we will become a little more Asian with regard to masking when sick (flu/colds). It's not a big deal to do and it does mitigate the spread of aerosol bor...

The other side is the Democratic party who has not been driven by the science either. (Personally I'll give any government official a pass for not having it figured out in March or April but not after that. It's completely irrational to think that any government or individual has anything complex al...

I could be completely wrong, but I've thought for at least a decade you would see the national debt being monetized in some form or fashion. I thought the initiator would be social security and medicare as the boomer generation goes through old age which of course has only been a partially right ans...

I think the counterpoint is that there are probably just as many Americans who think the other side has way overreacted and it's hard to argue the data is not bearing that out now. The tragedy of this whole thing is how it could have been very different if it wouldn't have been politicized by both p...

Thanks! I was buying T-bills in my Schwab account but they (understandably) stopped offering automatic rollover when rates got close to zero. I imagine Treasury Direct doesn’t offer that either but if I just buy 6-12 month bills it isn’t a big hassle to do my work own. They do sort of...have your b...

I think the real question is why does one care if it is over valued (even grossly so)? If you are a value investor, then it has probably been a company you've never invested in. If you are an index holder then you should remember you are buying a methodology not X# of stocks. If you are a momentum i...