It's response to me: https://www.perplexity.ai/search/i-find-this-to-be-an-overly-wo-PPIdNZ3wQSWtx4RiSkF8_w#0 Excellent question — that passage is from Leo Tolstoy, and your instincts are right. It’s characteristically dense and overextended. He uses a long allegory (the swarm of bees) to make a fa...

Jumping in on this older post because I’m curious how others think about “chip-like” mental accounting today. Do you find it helps you stay balanced, or does it push you into taking risks you wouldn’t take otherwise? I’ve been thinking about how labeling buckets of money affects my choices, even wh...

HODL only makes sense as an investing strategy for income producing assets. If you never sell non-income producing assets, you never make any money.

dualstow wrote: ↑Sun Jan 04, 2026 5:50 am I’d forgotten about this thread.

Not voting- doesn’t that only work if you can convince a significant majority not to?
Otherwise, it’s just denying yourself the choice while everyone else takes advantage.

See Tolstoy quote earlier in thread.

Voting is a suggestion box for slaves and makes you complicit with whatever the government does. It's a humiliation ritual. If you vote you're saying this system of selecting leaders is valid and therefore the "will of the people" is valid and executed by the gov't. If no one voted the go...

I Shrugged wrote: ↑Fri Jan 02, 2026 6:38 am I voted Cash.

Me too, however I have not put my money where my mouth is.

Fama: A global market portfolio is kind of a risky venture because the problem is that countries go to war with one another. We thought we were past that, but now we’re finding out we aren’t. And wartime is subject to expropriation risks. So in other words, each side expropriates the investors of t...

This looks interesting. I will take a closer look. Thanks for sharing.

See poll.

I love the forum format because there is no infinite scrolling.

I agree. It's dead to me. If you want digital gold, buy GLD. If you want a cryptocurrency, try Monero.

I listened for awhile. I enjoyed the way she sings.

dualstow wrote: ↑Mon Nov 24, 2025 9:47 am Some think an income fund is inferior to total return funds,
but you know what they say about, ahem, a bird in the hand.

Personally, I prefer in the bush.

These are the kinds of stories I find a lot more interesting these days than the general rate of inflation. There's this phenomenon that's starting to be named "luxury poverty" to describe a sort of inversion of the historical norm; now poor people can now afford the latest iPhone and a n...

What did he do? He kind of offended me with two topics and I cringed when I heard them. Cringe is the right word. I suppose I wasn’t offended. Do I find his other material less funny because of the the not-funny, cringey material? I suppose not. I'm curious about what offended you, if you don't min...

Don’t be shy, Vinny. Vinny privately told me that he gave the kid 2 candy corns, a tootsie roll, and one of those mini kitkat bars, which constitutes 0.083% of the candy he’d prepared for the neighborhood. Had he known that this was going to be the sole bell-ringer, Vinny would have upped that to t...

yankees60 wrote: ↑Wed Nov 05, 2025 3:41 pm It was him who was the who showed up at my house on October 31, 1984, the only time anyone has come to my house for Halloween.

You made that big of an impression? What kind of candy did you give him?

Five new arrests made in Louvre heist Authorities are now in a race against time to recover the royal and Napoleonic-era jewels that authorities have valued at $102 million. Beccuau has described the jewelry as unsalable in their current form, because their status as stolen goods is now known aroun...

Why "regime," Jack? It had to rhyme with: - Stock Scream Room - Bond Dream Room But rates are going down... in the moon going down? I could see all the other assets tanking next year. Stocks are overpriced, gold has been on a tear, bond yields could rise. Which leaves Cash as the least ba...

2026 - Year of Cash! To the moon!

I recently bought two used Lenovo laptops from EPC at eBay. First one was $250. Second was $170. Shocked at how powerful the CPUs are in them for being laptops and their costs. Indeed, I might just buy myself a refurb Thinkpad. At my local computer store they're selling some decent ones with 11th g...

Here is what I was referring to: On August 5, 1971, the United States Congress released a report recommending devaluation of the dollar in an effort to protect their currency against "foreign price-gougers".[10] Also in August, French president Georges Pompidou sent a battleship to New Yor...

The BAA portfolio is a bit too aggressive for me. I'm tracking the Optimum3 instead. It follows momentum, but builds a portfolio of 3 assets that are uncorrelated (from the assets that currently have high momentum).

Smith1776 wrote: ↑Tue Oct 21, 2025 10:42 pm Me too. Wasn't it Germany that tried to get some of its reserves back from the Fed bank in New York and it took years just to get a partial repatriation?

France IIRC.

Paul Belanger found that because of the way the correlations work out over various time periods, LTT are better rebalanced more frequently, and with Gold it's better to let the trend play out over the course of a few years, rebalancing gradually.