james22

Nice to hear some good news. Congratulations.

Aaand I'm out.

Sorry, LC, I didn't know that was your intent. Thought you were making what I believe to be a false equivalency. I'd be real happy to drop this. Just tired of the politics on a real interesting thread.

Fair enough. What's your take on the Democrat's reluctance to support the stimulus bill? What do you expect of them? Just the Democrats? Both sides are at fault: Now is not the time to try to establish a slush fund for your donors, as I believe Mitch McConnell has done or attempted to do. Now is also not the time to put in your own legislative pet projects, tenants of the Green New Deal, that you know will only likely stifle this,” Rep. Max Rose, a moderate New York Democrat, said of the House bill Playas are gonna play, and shitty politicians are gonna be shitty politicians. You name the pet projects McConnell has included in the bill and I'll name those Pelosi has, yeah?

Fair enough. What's your take on the Democrat's reluctance to support the stimulus bill? What do you expect of them? This is politics. This isn't politics. This is a public health issue, and not a theoretical one. The person in charge is incompetent to deal with it. If you want to pretend this is politics, fine, but it isn't. I don't care she's right or left, blue or red, purple or orange. if she was acting rationally and competently in the face of the COVID19 threat, I'd applaud, but she's not, so I'm explaining why I think that is.

Fair enough. What's your take on the Democrat's reluctance to support the stimulus bill? What do you expect of them?

If so, isn't this great news? Infect individuals with minimal dose, treat mild symptoms with medication cocktail (https://www.wsj.com/articles/these-drugs-are-helping-our-coronavirus-patients-11584899438), clear the virus, return to work after a week?

Does this sound like someone intellectually capable?

This isn't politics. This is a public health issue, and not a theoretical one. The person in charge is incompetent to deal with it. If you want to pretend this is politics, fine, but it isn't. I don't care he's right or left, blue or red, purple or orange. if he was acting rationally and competently in the face of the COVID19 threat, I'd applaud, but he's not, so I'm explaining why I think that is. Now stay civil or get out. LOL Let me know if you think this political: 1. Hillary's a narcissistic personality disorder and likely a sociopath. 2. Biden's not intellectually capable. They were/are the Trump alternative. Can we stick with criticizing the strategy and skip questioning the motivation?

Fuck off to the Politics section, would you?

More than interesting, no? Seems important.

Investing a borrowed lump sum today into BRK at $160 instead of DCAing over the next several years until I retire doesn't seem crazy. Just locking in an attractive entry point.

Anyone believe the opportunity today is so attractive that they are extending themselves? Usually wouldn't consider margin (or a HELOC), but wonder if I shouldn't consider taking advantage of BRK trading where it is.

Signature worthy.

Yes, please.

In that light, the proposed 50-year treasury might be attractive.

Now 10.5% Small Value, 9% Emerging Markets, 4.5% Stable Value.

In this type of market, it’s important to watch how equity prices trade all the way to market close to get a sense of how many leveraged investors need to raise collateral to satisfy their margins with their prime brokers. Often during the depths of the 2008-09 global financial crisis, the equity market would appear to stabilize 20 to 30 minutes before close, only to see the indexes drop precipitously over the last 15 minutes of trading. This happened because hedge fund managers waited until the end of the day to get the most accurate calculation of just how much cash they needed to raise before the markets closed, and then liquidated what they could to raise enough cash to meet collateral calls. This type of end-of-day market action has already occurred several times during the COVID-19 crisis. Once the leveraged funds are shaken out of their positions and forced selling begins to decrease, we expect a substantial amount of market volatility to subside. https://www.morningstar.com/articles/973164/even-safe-haven-assets-are-feeling-the-pressure

I'd guess the latter. 42% Say China Should Pay Some of World’s Coronavirus Costs https://www.rasmussenreports.com/public_content/politics/current_events/china/42_say_china_should_pay_some_of_world_s_coronavirus_costs

Grr.

Now 9% Small Value, 9% Emerging Markets, 6% Stable Value.

He's right, of course. At some point though we'll trade elderly lives to save the economy.

Nailed it!

Probably a good point. With any kind of legal cover, no one will care about the GSEs. There'll be lower hanging fruit to complain about (Boeing, etc.).

I like the idea: Companies that generate free cash flow do much better coming out of a recession than companies that don’t. And, what’s most interesting is that buying cheap and illiquid companies does massively better. So if you go into the market and say, I’m going to take advantage of this recession by buying small companies, where the stock price has just gotten puked out because people are panicking, but it’s profitable and cash flow-generative, but it’s so cheap and it’s illiquid, which means that the small change of the market was down five, this thing is so illiquid it went down ten that day – you go and buy that stuff, your returns coming out of the recession are extremely attractive. https://thereformedbroker.com/2020/03/04/what-you-should-buy-in-a-recession/ But almost by definition seems too hard to make a list? A Small Value fund seems to make more sense. I'm building up my position in Vanguard's VSIAX.