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boilermaker75

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Posts posted by boilermaker75

    Broker- clearing & custody

    in General Discussion

    Posted

    MCN,

     

    I have never thought about this either. I have accounts at Schwab and Interactive Brokers; I have no idea who they use as  clearing and custodian provider. Maybe I need to find out? May I ask who your current broker is who made the switch?

     

    Thanks,

     

    Boiler

    America Debt Free by the End of the Decade

    in General Discussion

    Posted

    Parsad I don't think you understood me. What I meant by my comment was that we live in very very dangerous times when a large part of the electorate, specifically the younger generation think that people like Jon Stewart are so brilliant and then they demonstrate that they are just actors.  If Stewart doesn't get the severity of our debts I can assure you his viewers have no clue.

     

    Same answer as before.  Basically this is the same old inter-generational debate that we have every so often..."you young whipper snapper"..."you old guys are out of touch"...etc, etc. 

     

    You do realize that the same arguments were made against the misunderstood, naive, belligerent, sophmoric youth of the 70's, and they ended up being some of the greatest capitalists in history.  I don't see how this proportion of the electorate will be any different.  Am I the only old guy here who isn't turning a shade of "old geezer"?  Geez...I feel like Neil Young..."Old man, look at my life, I'm alot like you were!"  ;D  Cheers!

     

    I was not going to comment on this thread, but a Neil Young quote, I have been a huge fan for over 40 years, and I had to contribute something.

     

    Maybe another pertinent, but humorous quote,

     

    Sanderson Reed: "The empire is in peril." Allan Quatermain: "You're probably too young to know, but the empire is always in some kind of peril."

    Why Does Larry Ellison Need a $4B Line of Credit?

    in General Discussion

    Posted

    The thing I loved the most about Larry Ellison was that there was a book about him called something like The Difference Between God and Larry Ellison is that God Doesn't Think He's Larry Ellison.

     

    I read the book, a long time ago. I enjoyed it. The story I most remember is when they first started Oracle they had a computer in one room and something like terminals in a room next to it. Ellison came in and everyone was sitting around because the wires from the terminals to the computer were too short to run out one door and in the other. Ellison left, came back a few minutes later with a hammer, pounded a hole through the wall between the two rooms, and then said "run your wires through there."

     

    Oh and the one where he was getting divorced in the early days of Oracle and his wife, soon to be ex, took the pickup truck instead of any Oracle stock.

    Investing in yourself

    in General Discussion

    Posted

    You might find the book, Mindset: The New Psychology of Success, by Carol Dweck of interest.

     

    Mindset refers to having a growth or fixed mindset. With a growth mindset you believe skills can be developed, which is what you are looking to do, whereas with a fixed mindset you believe your abilities are already determined.

    For You Believers in DELL

    in General Discussion

    Posted

    I recently had a need at work for an iPad. I received a response from IT to make sure I was aware an iPad is not a laptop and could not replace my laptop. I agree, I could not get by without my laptop (although it is not a PC but a MacBook).

     

    I see how some consumers who surf the web, read books, watch movies, etc., could have everything they need with an iPad and no longer any need for DELL products. But there seems to be a business base that will need PCs/laptops for a while yet.

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