rkbabang

I started buying stocks in 1996 right after graduating from college. But I was pretty much buying random tech stocks without really knowing or even trying to know what I was doing. I wouldn't say that I started really trying to learn about investing until after the tech crash in 2000-2001 or so.

Fiskars Oyj FKRAF was founded 1649 -- seems to be the winner so far. Probably going into my portfolio -- to make it look more respectable! It looks like Kongō Gumi Co., Ltd. founded 578 wins. Maybe create a basket of ancient companies.

Hudson's Bay Company maybe? https://en.wikipedia.org/wiki/Hudson%27s_Bay_Company

You can, and should, trust no one, which is why I'm bullish on crypto.

Jeff Bezos christened Amazon’s largest wind farm while 300 feet in the air

In case anyone missed this, episodes 2 & 3 are now out (only episode 1 was available when Liberty originally posted this) and all of them are excellent.

:o This doesn't happen with solar panels.

I know nothing about wind turbines, but at first glance I always assumed that because they are generators with moving parts (as opposed to solar) that there must be some upkeep/maintenance/repairs required. Is there lubrication required, are there bearings that wear out, etc? Are there any costs after installation? I've also heard the argument that it takes more energy to make them then they generate, but I too find that almost impossible to believe. Especially if they have a 30 year expected life.

Will this bubble popping be enough to bring down the market though the way the housing bubble did? I'm not sure this is large enough part of the economy to have a huge effect. It does sound like after this happens it will be a really good time to buy a good used car though.

That's kind of cynical. I don't think he "knows" that the hyperloop is unworkable. I don't think there is anything impossible about the hyperloop or building a tunnel from NY-DC, or whatever. It may be cost prohibitive to the extent that it is almost impossible to do currently. But there is nothing physically impossible about it. If there is one thing Musk has done consistently it is underestimate the time and the cost of implementing his ideas. He's a dreamer, not a con man. He has also accomplished quite a bit already.

What did you do to prepare? This is not an issue I've thought enough about. Any insights would be greatly appreciated. I'd be interested as well, having recently turned 45, 50 will be upon me sooner than I'd like.

If 1) is their concern, maybe assuring them that you are an accredited investor might relieve their worries about the liability of talking to you about an investment, but it won't do any good if their reason is "it doesn't benefit us to talk to you".

I keep seeing news stories in the last 12 hours or so about the crash, but I own Amazon, Apple, Tesla, Overstock, and none of them went down very much yesterday and they are all up today. On what planet did the this tech crash happen? It wasn't this one.

I didn't know Buffett invested in Uber. :) I'm currently invested with 3 on the list (Parsad, Watsa, Bezos), as well as with Buffett. I'm not going to venture a guess as to which will work out the best for me over the long term, hopefully all of them.

Yes, it sounds like there was a bubble in the rare bulbs for the multicolored tulips, but the story was embellished upon the retelling, like a game of telephone going on for 400 years.

"Dutch Calvinists worried that the tulip-propelled consumerism boom would lead to societal decay. Their insistence that such great wealth was ungodly has even stayed with us to this day." This Calvinist distaste of wealth is indeed still with us today, and far too common, but has been taken up by worshipers of government power, rather than by worshipers of mythical supreme beings.

Things do really change sometimes though. It isn't always tulips and bubbles. When was the last time you ordered from the Sears & Roebucks Catalog? When was the last time you brought out your typewriter to write a letter, hell when was the last time you wrote a letter? There are bubbles and hype all the time, but there is also real technological change that replaces the old way of doing things and puts the companies who do things the old way out of business. There is a real threat here, how big or little the threat is is of course debatable, but it shouldn't be dismissed out of hand.

Holy moly, a pink swan event! I was thinking about going 2 Bermuda some day but if I gotta dress like that, not... You are only required to dress like that if you live there. I've been there a couple of times and they let visitors dress normally.

Ha, The little tiny thumbnail picture of this before I clicked on it looked like he wasn't wearing any pants at all.

? is this not simply trading in a broker/dealer capacity? It likely is. But can they buy things for their customers what they consider a fraud? Exactly. It's a fraud and a scam and I'll fire anyone who buys it because they are stupid, but if you're our customer and you want some we'll be happy to facilitate the trade. So Jamie Dimon personally has to agree with the investment merits of every trade his clients want to make? I think this whole JPM/bitcoin thing is ridiculous No but his company shouldn't be providing know fraudulent investments to its clients. That's like knowing in advance that Bernie Madoff is running a Ponzi scheme yet helping people invest with him. If he truly believes that it is a fraud as he states, then there is no way his company should be dealing with it in any way. A brokerage or investment advisor should only offer legitimate investment options for its clients. It seems unethical to me to do otherwise.

? is this not simply trading in a broker/dealer capacity? It likely is. But can they buy things for their customers what they consider a fraud? Exactly. It's a fraud and a scam and I'll fire anyone who buys it because they are stupid, but if you're our customer and you want some we'll be happy to facilitate the trade.

Classic. "After a Few Harsh Statements from Executive Jamie Dimon, JP Morgan Ltd., and Morgan Stanley Purchase Bitcoin ETNs" https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

That's a good quote, but probably understated. It should be "Success begins with failures."

I've never understood why encryption wasn't more common on the internet. It is rare that anyone encrypts their important files (or their whole hard drives) or emails. It seems most people can't be bothered. Probably the "I have nothing to hide" syndrome. But there are ways to store data securely and communicate securely in text or voice. It takes some effort, but less effort than going back to typewriters I think. Even with Wikileaks, Snowden, etc, I still don't think the average person realizes the extent to which they are being watched and tracked.

"winter is coming" LOL, in other news the CEO of Smith-Corona said word processing is a scam. And he's firing anyone who buys a computer, because they're stupid. So funny. My very first business partner, his father's company owned 100% of smith-corona ;) I used to use a Smith-Corona to do my book reports in middle school and high school. I had a Commodore 64 since I was 10yrs old, but I didn't have a printer until I got my 1st PC when I was a junior in high school. My Smith-Corona had the correction tape which was like magic, it could erase your errors!