rkbabang

That's what I've always done. I drove my 96' 4Runner for 11 years, then drove my '06 Sequoia for 10 years, now I'm driving a 2019 Lexus GX460 and I expect to be driving it into the 2030s.

Agreed. It’s one of those shows where you hate almost every character, but still find it funny and entertaining. The ending was completely unexpected.

Sold PSTHWS (bought at $3.30 sold at $1.45) and bought more APTS. I'm still holding PSTH.

Keep calling the top, eventually you'll be right.

Regulators are confined to the countries they regulate. DeFi is not. Americans sometimes think that the US is the world or is all that matters in the world. But it isn't.

There is going to be a huge opportunity to buy ETH after the crash, maybe BTC too as I suspect it's price will crash hard when this happens just by association. Yes, the vast majority of the sitcoins will disappear altogether.

Yes! I’m also excited about this one

I tend to agree with you. I'm becoming more and more a bitcoin maximalist. I still own a significant amount of ETH and a smaller amount of a few others, but the more I learn and think about it the more I think anyone who owns anything but BTC (and maybe ETH) could be in for a world of hurt. If anyone hasn't read The Bitcoin Standard by Saifedean Ammous I highly recommend it. Some evidence just from the last couple of days that alt-coins are simply not safe: https://www.forbes.com/sites/jonathanponciano/2021/08/10/more-than-600-million-stolen-in-ethereum-and-other-cryptocurrencies-marking-one-of-cryptos-biggest-hacks-ever/ https://cointelegraph.com/news/bitcoin-sv-rocked-by-three-51-attacks-in-as-many-months

The day I bought CRBU for $16.82 I set a sell limit order for half of my shares at $33.71 (just over double). It will probably get there soon.

Exactly. I've been investing since 1996 or so, and in all that time my mistakes have fallen into three categories. 1) Holding tech stocks in 2000 with P/Es over 800. 2) Not buying enough of a stock when I knew it was a great company at a great price. And 3) Selling way too early.

I agree with your teenagers. I'd rather pay to eat McD. I wouldn't eat at BK if they had an all you can eat for free promotion. BK is the TacoBell of burger joints, absolutely disgusting. Although I do prefer Wendy's to McDs.

I was going to post this in the cryptocurrencies thread, but it’s just to ridiculous, even more so than Dogecoin. Hot Dodge Wieners https://www.ebay.com/itm/Oscar-Mayer-Hot-Doge-Wieners-/393486628826

I'll give it a try thanks. I just finished an Australian crime drama on Prime Video that was pretty good. "Dead Lucky".

I said at the time on this board and still maintain that his buying BB was simply because it was a local company ran by people he liked and hired a lot from a college he liked and had nothing to do whatsoever with any fiduciary duty to make a wise investment with his company's capital. There is simply no cogent reason for FFH to have ever purchased BB. This was the reason I sold all of my FFH and have not owned it for years until now. I think it is undervalued today, but I still will have a hard time holding it for the long term. When Buffett makes an investment mistake or invests in something for the wrong reasons he is quick to admit it, take ownership of it, and explain what he learned from his mistake. Not double down and let it go on for a decade without ever admitting he was wrong and invested for entirely the wrong reasons.

Since my last post on Thursday: Bought: FRFHF (fist time I've owned it in quite a few years) & CRBU Added to: ALCO, ATCO, APTS, & NVDA Sold all: FB & GOOGL. Sold some: AXON, NTAP, PSTH, MSTR, & TRUP

That is definitely the best case scenario, the market choosing less shady options, which could force tether to submit to an audit if they really do have nothing to hide or it will just be out competed if it does have something to hide. Also I think eventually there will be an official USD coin from the Fed. If that happens most or all of the USD pegged stable coins will go away, because if you want to convert a crypto to US dollars there will be a direct way to do it.

Amazon is finally getting serious about crypto and hopes to bring it to customers 'as soon as possible,' as it looks to hire a new blockchain lead https://www.businessinsider.com/amazon-cryptocurrency-seeks-new-blockchain-leader-customers-payments-ecommerce-2021-7

Agreed. I remember when Bitcoin hit $1 for the first time and yet I didn't buy any until it went over $1k then back down to $200. And even then I didn't buy as much as I should have. I just dabbled. It is the greatest investing mistake of my life, because I knew what it would be someday, I just thought that there would be plenty of time. About the whales I like what Michael Malice said in another episode of that "What Bitcoin Did" podcast. "The other good thing about bitcoin is it's allowing the right people to get very very wealthy, very very quietly". https://www.whatbitcoindid.com/podcast/understanding-anarchism

Added to BTC, ETH, BRKB, and ALCO

It isn't about justice, which would entail making injured parties whole. It is about grandstanding. It is about a show of power, letting people know who's boss. In short, it is government. It has no incentives to even try to do what's right. It's just how it works. They removed millions of dollars worth of valuable computer equipment from the world, while the injured parties remain injured. They are almost as bad as the criminals themselves.

Added to BAM

I think grey swan event is going too far. Everyone's been talking about this for 3 or 4 years now. This is about as far from unexpected or out of the blue as you can get. At this point if Tether never blows up it will shock more people than not.

I was going to ask the exact same question as Castanza. I picked up some more common today as well.

Long term, yes, but there have been decades long stretches where people have fled cities like NYC. If you get caught buying at the beginning of one of those declines you will would not do well. EDIT: I'm not saying we are in one of those long-ish declines.

I read this a few weeks ago and my only criticism is that it shouldn't have been a book, it could have been an article. If you read Cigarbutt's summary then you have 90% of the information you would have gotten by reading the book. It just went on way too long saying the same things over and over in different ways with different examples.