rkbabang

No problem, Those links should be more prominent. I think they go unnoticed by a lot of people.

Why does anyone go to the opening screen of this site? It is the least useful way to view the site even if there are no political posts. At the top left of the page right near your picture you will see "Hello <YOUR USER NAME> Show unread posts since last visit. Show new replies to your posts." You can see the topics containing all of the unread posts since you last came to the site or just the topics you've participated in with new posts. Then you can click on only the topics that you are interested in. The opening screen is just a jumble of the last few posts without arranging them into topics.

Sure. And even when someone's success is obviously mostly skill, like say Bezos, people like Bernie will still pretend that it was all luck. Sure there is some luck involved, Bezos was lucky to be born in the US where he could use his intelligence and skill set to create Amazon and turn it into what it has become. He probably wouldn't have been able to do that if he were born in Siberia or Europe. It would have been much harder for him to build Amazon in Paris in the mid-90s instead of Seattle. So some people are incredibly lucky to either have been born in, or to have found their way to, a place where they can use their skills to build incredible amounts of wealth for themselves and society. It's a shame that more such places don't exist and that so many want to kill the ones that do.

So then why isn't Canada a hellhole with no talent? Not to mention that there's been a lot of talent that leaves the US for Canada because they have a certain feeling that "they're not welcome" there or that they're actually told to leave. Right rb, because things are black and white. Either the US does not benefit at all from talent coming from Canada or every talented Canadian runs to the US leaving Canada a complete hellhole with no talent. EDIT: Interestingly I was just reading a post on this board yesterday (I forgot which topic else I'd have linked to it) that all the Canadian tech ETFs hold the same 10-15 companies and there is a huge demand for more mid-large cap tech companies to invest in. The US tech ETFs don't have that problem.

"Grayscale's bitcoin trust saw cumulative inflows through October, whereas gold exchange-traded funds (ETFs) saw "modest outflows" since mid-October. "This contrast lends support to the idea that some investors that previously invested in gold ETFs such as family offices, may be looking at bitcoin as an alternative to gold" https://www.theblockcrypto.com/linked/84001/jpmorgan-bitcoin-gold-institutional-investors-gbtc

If you figure out a way that I can transport a few $B of them easily, safely, and anonymously by myself across borders and through airports anywhere in the world, sure we'll start calling them p-crypto.

No position, but I've been looking at MITK. Identity verification and direct deposit of checks software for mobile banking. Tiny company with a steady double digit growth rate.

There s a good saying, "if it drives, flies, floats, or fucks, rent it"... That said, I totally agree with rkbabang as a boat owner. Expensive, but totally worth it. Buddy of mine says that BOAT stands for Bust Out Another Thousand! Get a used sailboat from the 70s or 80s. Someone else owned it through the steep part of the depreciation curve. They're the cigar butts of the boating world. If you really want to be frugal you can buy one for not much more than the scrap value of the lead keel. Of course then you need to learn how to sail. I bought a 2007 Sea-Doo Utopia jetboat. 20' bowrider with dual 155hp engines and the best part for lake boating: no prop to damage. Floats in just over a foot of water.

There s a good saying, "if it drives, flies, floats, or fucks, rent it"... That said, I totally agree with rkbabang as a boat owner. Expensive, but totally worth it. Maybe from a money point of view, but the only thing on that list that I rent are things that fly. Sometimes it's better to own.

Highly recommended. I bought one in October of 2019. It has been a godsend. My wife and I spent just about all our free time out on Lake Winnipesaukee this spring, summer, and fall. A boat is great for social distancing. Also in case Biden gets any crazy gun control passed I lost all of my guns in a tragic boating incident this past summer.

This may be true, but I'm not a young person (most on this board aren't). I already know how to code. This advice can be given to someone thinking of investing in anything. If you are a young person, invest in acquiring skills first and foremost, but this is an investment board not a career advice board for young people.

Similar to me. I looked in to Bitcoin when it was below $1 when people were talking about it on the anarchist boards and the only place to buy it online was mtgox. I looked into it, but thought that wiring money to mtgox sounded sketchy. I never did anything until it went up over $1k in 2013 then back down. By then there was other ways to buy it, so I started buying at under $200 and even got some under $100. I put in about a 2% position back then, then I created a coinbase account and setup a $30 every 2 weeks auto-buy which has been going for all these years through the ups and downs. I've never sold any at all. I wish I had wired $5k-$10 to mtgox back when it was around $1 then transferred it to a private wallet. But oh well, that will be forever the one that got away. :(

mybookie.ag A few caveats...1) daily wire limit is only $2,500. 2) Its an offshore based operation so you effectively have no recourse should they try to screw you. The limits on $ in a way for me are to remind myself that obviously its still gambling(not best use of money) and also to only screw around with insignificant sums in the event there is an issue with #2. I've looked at some of the legal operations that have sprouted up in past few years but dont think they make a huge difference. I tried FanDuel but kept running into issues where they couldn't verify locations and wouldn't allow bets. I also dont gamble a lot. Maybe a half dozen events in the last 10-15 years. The name "mybookie" is also another reminder that it is gambling I think. Sounds like fun with small amounts though.

NH has been swamped with people moving from liberal states like MA. I've watched the town I live in turn from solidly red 10 years ago to purple to blue. It's frustrating to say the least. They flee the states they've destroyed only to destroy their new states in the same way. They are like a plague of locusts constantly destroying then looking for a new fertile field. Ex-CA residents are in the process of doing this to TX as we speak.

+1, in 2016 I did a lot of pre-election selling and held a larger than normal cash position. I believed the polls that Hillary was going to win. I'm not good at making macro bets based on political elections, I'm not good at macro bets at all. No more election driven investment decisions for me. I don't know who will win or what will happen to stocks if they do.

I've already said teaching kids about sex at 5 yrs old is beyond insane, but I don't think you can convert a straight person to be gay anymore than you can convert a gay person to be straight. Ask yourself what would convince you to enjoy having sex with the gender that you are not attracted to? If, as was said above, that Republicans are anti LGBQT, isn't it a good question to ask why? Why would a political party feel the need to dictate how people live and who they decide to have sex with? And maybe they deserve to lose those votes until they can learn to mind their own business and let people live the way they want.

More BAM. Already my largest holding, but getting too cheap not to buy a little more.

It looks like they are spending 14-15% of sales on R&D. But this is a really tiny company. They have only 46 employees! I wonder how many of those are engineers and/or scientists? Most chip companies have teams larger than that working on a single product. That said their balance sheet is great, their margins are excellent. It looks like they can keep paying this dividend for years if they want to. I just bought a small position this morning.

rb summed up the Intel situation without actually talking about Intel. Somewhere in the Apple thread he said something along these lines. "It's a massive company, with generally solid products and a sticky business that is trading below 10x FCF. So I backed up the truck." Sure, situation isn't apples to apples, and I don't want to speak for rb. But Intel is a massive company that produces competitive products and has solid entrenchment in multiple markets. As Spek said, the latest earnings report was actually pretty good. People love doom and gloom stories. Especially in the tech space. Apple wasn't going out of business and I highly doubt Intel will be out of business anytime soon. Agreed. I just think that we haven't reached the point of peak-pessimism yet, like AAPL in 2013.

Small position in Netapp (NTAP). Still thinking about INTC, but haven't pulled the trigger yet.

Yes. And the personality of the child. I have two children who attended the same schools and obviously had the same parents, yet one never did well in school where the other excelled. My daughter who did not do well in school at any level and never went to college is still doing well however as a young adult. School isn't the only road to success in life. Every child is different, sometimes it really is nature over nurture, and some people take different paths to get to where they want to be.

Good question. I'd like her to be nurtured around nice people, but they need to have common sense. There’s two kind of private schools. The catholic ones. And the none catholic ones. The none catholic ones can be a lot more liberal than the public ones. The catholic ones have their problems too, like half of the kids don’t have immunizations. I noticed some schools are called Catholic and some schools are called Christian. I wonder if they are different? Generally speaking a "Catholic" school is operated by Catholics, and a "Christian" school is operated by Protestants. If you have a religious preference between the two presumably you'd go that way. If you don't, I doubt the differences would be meaningful. I don't know what Catholic schools are like now, but I went to a Catholic school K-2nd grade and it was hell. The nuns were vicious sadistic demons. They couldn't hit you anymore, but they wanted to. And they found alternative ways to torture you. My parents felt bad for me and moved me to public schools, for which I was grateful beyond measure.

What percentage of middle class Americans had $100,000+ primary or high school private educations, compared with the percentage that had public school educations? I don't think not spending hundreds of thousands of dollars on your children's pre-college education will make them dumb and poor, I also don't think spending half a million dollars on your child's education is necessarily going to make them smart and rich, but it will make you poorer.

My kids went to good public schools in Massachusetts and New Hampshire, but If I had to do it over again, I think I would have put them in a Montessori type school in the younger grades. Kindergarten for sure. Forcing young kids into desks for hours on end had got to be the most unnatural thing we do to them. Sex education of any type at 5 years old is insane as well. Let kids be kids. By the time high school comes around any good school private or good public will do. My kids used to come home from school and tell me how their teachers or administrators were trying to brainwash them. Simply being raised right by you should be enough of an immunity to that type of nonsense.

Just a note that anarchists do not want you to kiss us. A hug would do.