Other discussions not related to the Permanent Portfolio
Moderator: Global Moderator
-
Libertarian666
- Executive Member
- Posts: 5994
- Joined: Wed Dec 31, 1969 6:00 pm
Post
by Libertarian666 » Sat Jul 25, 2020 2:03 pm
Smith1776 wrote: ↑Sat Jul 25, 2020 1:23 pm
dualstow wrote: ↑Fri Jul 24, 2020 2:28 pm
While Bogleheads focus on parroting Buffett’s comments about gold — I’m not trashing them — they should be paying attention to how gold moves relative to the dollar.
What really gets me is when no one on that forums sees the obvious logical fallacy in Buffett's argument.
Buffett presents a binary choice between all the productive farmland and something like 7 Exxon Mobils versus a block of gold. He then makes the obvious choice of saying the productive assets are the clear choice.
Well, duh.
But in the real world investors don't have a binary choice between stocks and gold. There's an infinite gradation between 100/0 and 0/100. Buffett committed the logical sin of the black-or-white fallacy -- a well known flaw that even a first year philosophy major should have been able to detect.
I honestly expected a stronger argument from someone as smart as him.
Yes, that is an elementary logical fallacy: no one chooses between all the gold in the world and all the diamonds in the world either. There's this thing called "marginal utility".
But he doesn't need good arguments when people treat him as a guru.
-
Mark Leavy
- Executive Member
- Posts: 1950
- Joined: Thu Mar 01, 2012 10:20 pm
- Location: US Citizen, Permanent Traveler
Post
by Mark Leavy » Fri Jul 31, 2020 5:41 pm
dualstow - congrats on the kombucha!
-
dualstow
- Executive Member
- Posts: 14231
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
-
Contact:
Post
by dualstow » Fri Jul 31, 2020 6:12 pm
Mark Leavy wrote: ↑Fri Jul 31, 2020 5:41 pm
dualstow - congrats on the kombucha!
Thanks! The plain is delicious and I’ve got a few bottles in the cupboard attaining various flavors.
Sam Bankman-Fried sentenced to 25 years
-
Tortoise
- Executive Member
- Posts: 2751
- Joined: Sat Nov 06, 2010 2:35 am
Post
by Tortoise » Thu Dec 17, 2020 1:08 pm
my house smells like star anise
Funny you should mention that, @dualstow. Just last week I bought some star anise for the first time ever to go in some mulled wine I was making.
-
dualstow
- Executive Member
- Posts: 14231
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
-
Contact:
Post
by dualstow » Thu Dec 17, 2020 1:45 pm
Tortoise wrote: ↑Thu Dec 17, 2020 1:08 pm
my house smells like star anise
Funny you should mention that, @dualstow. Just last week I bought some star anise for the first time ever to go in some mulled wine I was making.
It’s my favorite spice. A few pieces in a slow cooker with ribs (and cinnamon and few other ingredients) ⇢ magic.
I also put it in vodka with caraway seed and fennel.
Sam Bankman-Fried sentenced to 25 years
-
Tortoise
- Executive Member
- Posts: 2751
- Joined: Sat Nov 06, 2010 2:35 am
Post
by Tortoise » Thu Dec 17, 2020 1:51 pm
dualstow wrote: ↑Thu Dec 17, 2020 1:45 pm
[Star anise is] my favorite spice. A few pieces in a slow cooker with ribs (and cinnamon and few other ingredients) ⇢ magic.
I also put it in vodka with caraway seed and fennel.
Cool, I'll be sure to try that. A few years ago I experimented with making different kinds of infused liquors (cherry whiskey, vanilla/ginger vodka, etc.).
-
Smith1776
- Executive Member
- Posts: 3505
- Joined: Fri Apr 21, 2017 6:01 pm
Post
by Smith1776 » Mon Jan 04, 2021 3:06 pm
dualstow wrote: ↑Fri Jul 31, 2020 6:12 pm
Where's Jack Ma?
Where is he indeed??? China just keeps getting more and more scary. Real life 1984 over there. Disinformation, people disappearing, a zeitgeist of conformity.
Or are
we just getting misinformed by our media and China is the real promiseland?? Now
that would be very 1984.
China has that law that says you can be punished for insulting the CCP no matter what country you reside in. If you travel there afterwards you could be detained. I will test that.... for science.
The Chinese Communist Party is a bunch of no good wankers.
Okay, going to China. BRB.
🛞 The All-Terrain Portfolio 🛞
-
Smith1776
- Executive Member
- Posts: 3505
- Joined: Fri Apr 21, 2017 6:01 pm
Post
by Smith1776 » Mon Jan 04, 2021 3:07 pm
Dualstow, if I don't make it back you can have all my gold. It's buried under the shed.
🛞 The All-Terrain Portfolio 🛞
-
Mountaineer
- Executive Member
- Posts: 4959
- Joined: Tue Feb 07, 2012 10:54 am
Post
by Mountaineer » Mon Jan 04, 2021 3:37 pm
Smith1776 wrote: ↑Mon Jan 04, 2021 3:07 pm
Dualstow, if I don't make it back you can have all my gold. It's buried under the shed.
As long as it isn’t under Vinny’s compost pile!
DNA has its own language (code), and language requires intelligence. There is no known mechanism by which matter can give birth to information, let alone language. It is unreasonable to believe the world could have happened by chance.
-
Smith1776
- Executive Member
- Posts: 3505
- Joined: Fri Apr 21, 2017 6:01 pm
Post
by Smith1776 » Mon Jan 04, 2021 3:46 pm
Mountaineer wrote: ↑Mon Jan 04, 2021 3:37 pm
Smith1776 wrote: ↑Mon Jan 04, 2021 3:07 pm
Dualstow, if I don't make it back you can have all my gold. It's buried under the shed.
As long as it isn’t under Vinny’s compost pile!
That's the perfect spot! No one would dare go in there!
🛞 The All-Terrain Portfolio 🛞
-
dualstow
- Executive Member
- Posts: 14231
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
-
Contact:
Post
by dualstow » Mon Jan 04, 2021 7:34 pm
Smith1776 wrote: ↑Mon Jan 04, 2021 3:07 pm
Dualstow, if I don't make it back you can have all my gold. It's buried under the shed.
I’ve been. Paradise it ain’t.
Good food, though.
Sam Bankman-Fried sentenced to 25 years
-
Xan
- Administrator
- Posts: 4392
- Joined: Tue Mar 13, 2012 1:51 pm
Post
by Xan » Mon Jan 04, 2021 8:12 pm
dualstow wrote: ↑Mon Jan 04, 2021 7:34 pm
Smith1776 wrote: ↑Mon Jan 04, 2021 3:07 pm
Dualstow, if I don't make it back you can have all my gold. It's buried under the shed.
I’ve been. Paradise it ain’t.
Good food, though.
Are we talking about China or under the shed?
-
dualstow
- Executive Member
- Posts: 14231
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
-
Contact:
Post
by dualstow » Tue Jan 05, 2021 7:10 am
Sam Bankman-Fried sentenced to 25 years
-
Mark Leavy
- Executive Member
- Posts: 1950
- Joined: Thu Mar 01, 2012 10:20 pm
- Location: US Citizen, Permanent Traveler
Post
by Mark Leavy » Fri Jan 08, 2021 1:54 pm
dualstow, I can't figure out what the emoji/icon is in your signature. Do tell.
-
Mark Leavy
- Executive Member
- Posts: 1950
- Joined: Thu Mar 01, 2012 10:20 pm
- Location: US Citizen, Permanent Traveler
Post
by Mark Leavy » Fri Jan 08, 2021 2:04 pm
Doh! Of course. That ties together the remaining life mysteries that I hadn't yet solved. Thanks, Tom.
-
dualstow
- Executive Member
- Posts: 14231
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
-
Contact:
Post
by dualstow » Fri Jan 08, 2021 4:28 pm
Mark Leavy wrote: ↑Fri Jan 08, 2021 1:54 pm
dualstow, I can't figure out what the emoji/icon is in your signature. Do tell.
It’s simply the white hair emoji.
https://emojipedia.org/white-hair/
I put it there because I was going to change it (to something else) when I saw Pence come on the news.
Sam Bankman-Fried sentenced to 25 years
-
Tortoise
- Executive Member
- Posts: 2751
- Joined: Sat Nov 06, 2010 2:35 am
Post
by Tortoise » Fri Jan 08, 2021 4:32 pm
dualstow wrote: ↑Fri Jan 08, 2021 4:28 pm
Mark Leavy wrote: ↑Fri Jan 08, 2021 1:54 pm
dualstow, I can't figure out what the emoji/icon is in your signature. Do tell.
It’s simply the white hair emoji.
https://emojipedia.org/white-hair/
I put it there because I was going to change it (to something else) when I saw Pence come on the news.
Isn't it missing the fly?
-
dualstow
- Executive Member
- Posts: 14231
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
-
Contact:
Post
by dualstow » Fri Jan 08, 2021 4:34 pm
A girl sent me a picture of that and I hadn’t seen the skit.
Sam Bankman-Fried sentenced to 25 years
-
Smith1776
- Executive Member
- Posts: 3505
- Joined: Fri Apr 21, 2017 6:01 pm
Post
by Smith1776 » Sat Jan 23, 2021 6:00 pm
dualstow wrote: ↑Fri Jan 08, 2021 4:34 pm
“As a white person of colour, I am extremely concerned about the rise of black whiteness.” — Titania McGrath
LMAO. Best quote ever.
🛞 The All-Terrain Portfolio 🛞
-
dualstow
- Executive Member
- Posts: 14231
- Joined: Wed Oct 27, 2010 10:18 am
- Location: synagogue of Satan
-
Contact:
Post
by dualstow » Sun Jan 24, 2021 9:26 am
Titania's my favorite.
Sam Bankman-Fried sentenced to 25 years
-
Smith1776
- Executive Member
- Posts: 3505
- Joined: Fri Apr 21, 2017 6:01 pm
Post
by Smith1776 » Tue Feb 02, 2021 5:31 pm
dualstow wrote: ↑Sun Jan 24, 2021 9:26 am
Texas Amber Alert for Chucky?
Just Googled this.... LMAO.
🛞 The All-Terrain Portfolio 🛞
-
Xan
- Administrator
- Posts: 4392
- Joined: Tue Mar 13, 2012 1:51 pm
Post
by Xan » Tue Feb 02, 2021 5:37 pm
Smith, I just went to your "message from Harry Browne" link. I have to say, now that YouTube always gives you an ad before the video starts, that kind of link sadly doesn't work nearly as well as it used to.
They should exempt that particular video from their ads, of course.
-
Smith1776
- Executive Member
- Posts: 3505
- Joined: Fri Apr 21, 2017 6:01 pm
Post
by Smith1776 » Tue Feb 02, 2021 5:38 pm
Xan wrote: ↑Tue Feb 02, 2021 5:37 pm
Smith, I just went to your "message from Harry Browne" link. I have to say, now that YouTube always gives you an ad before the video starts, that kind of link sadly doesn't work nearly as well as it used to.
They should exempt that particular video from their ads, of course.
Le sigh.
🛞 The All-Terrain Portfolio 🛞
-
Smith1776
- Executive Member
- Posts: 3505
- Joined: Fri Apr 21, 2017 6:01 pm
Post
by Smith1776 » Tue Feb 02, 2021 5:44 pm
🛞 The All-Terrain Portfolio 🛞