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Everything posted by turar

  1. Not a bad idea at all. some of those premiums are pretty high looking
  2. Has anyone seen this film: http://magnitskyact.com/
  3. Don't know if this was posted here before, but here's Jamie Dimon on bitcoin: https://www.bloomberg.com/news/articles/2017-10-13/jamie-dimon-lasts-one-day-on-his-vow-to-not-talk-about-bitcoin I happen to agree with him. He completely understands how fiat currencies work, and how currencies MUST go hand in hand with governments and sovereign state power.
  4. This was entertaining: https://www.thebeaverton.com/2017/03/lotto-649-commercial-features-dream-owning-1-bedroom-condo-toronto/
  5. If you look at all previous empires in recent centuries, they're still around and most of them became regular old first and more rarely second world countries -- UK, Japan, Spain, France, Turkey, etc. The big problem though, at least historically, is that the big shift from them being empires to no longer being empires required major wars to be fought out.
  6. The cost of climate change is like an ultimate economic externality. I'd argue that cost is already large and getting larger, it's just being paid by others.
  7. http://farm5.static.flickr.com/4036/4254681996_27b1ed7ff0.jpg
  8. We had a semi-Indian wedding, can't remember how many people it was. Anyway, we spent about $10K on it, including a week stay at 2 rental houses on the beach for close family. And we got $9K or so back in wedding gifts. As in checks/cash in envelopes. If we did it right, we could have made money on our wedding. :) Not sure if checks in envelopes is a cultural thing though and not as widely practiced in more traditional American/Caucasian weddings.
  9. When the "free country acting to protect its citizens" is operating flying killer robot drones to terrorize women and children of a land half a world away, you gotta stop and ask yourself -- "are we the bad guys?". "Are we the Death Star?" "Are we the ultimate terrorists?"
  10. I wonder if it would have been more expensive with a house already removed.
  11. For what it's worth, 5 years ago I took a look at his VIC ideas (assuming michael99 is him), and most didn't work out well in the end. http://www.cornerofberkshireandfairfax.ca/forum/general-discussion/learning-from-michael-burry/msg54757/#msg54757
  12. Even that's not simple though. Vanguard alone offers way more than one. As of January 2016, which index fund should I choose -- S&P or Emerging Markets? And that's just two options.
  13. Yes, I bought myself a used Camry a few months ago, very happy with the purchase.
  14. Wow, that thread was started January 8, 2011. Almost 5 years in, ALS is down 13% in CAD terms, while CAD itself is down another 25% on top of that.
  15. I'm thinking of investing some portion of my money through Lending Club. Seems like some people here have experience with this -- would you have any pointers or advice?
  16. I will need to move a pension account into a "locked in RSP" account (LIRA) with one of the brokers. Unfortunately, IB doesn't offer locked in accounts, so I'm trying to choose between Virtual Brokers, BMO, or TD. I do have a smaller VirtualBrokers account, and they've been mostly OK, just that their trading interface feels a little odd, let alone that there are several. Does anyone have any experience with BMO, TD, or others?
  17. Do you know what he charges? I couldn't find any expense ratio on the site.
  18. Seems like there are a few. Lists like a couple below might be helpful: http://www.myplaniq.com/articles/20120605-best-stocks-in-the-past-30-years/ http://usatoday30.usatoday.com/money/top25-stocks.htm http://www.dailyfinance.com/photos/top-25-stocks-of-past-25-years
  19. First there was outright denial of any climate change. Then it was denial that it was man-made. Now it's shifting to "oh, well, but it's good for you".
  20. Funny, I just finished reading a thread over at HN: https://news.ycombinator.com/item?id=8503861 At least 3 different websites mentioned there that I've never heard of before: dough.com tastytrade.com and capp.io Seems like a lot of people are trying to come up with various new ways of "monetizing" the retail investor.
  21. Very impressive Brandt, best of luck in your job search!
  22. Wow, it's probably safe to say that this has been quite a different time than today.
  23. I've been thinking of how to play this without going into specific companies. The best I could think of was shorting FDN. Any better ideas?
  24. Did your friend use the patel employee arbitrage system?( This isn't copyrighted... yet.). Buy hotel and fire all staff members. Replace staff with family members or friends from India. Creating a win/win. The employees make more money here in the U.S. vs India. Plus with hard work maybe in the future one of the patels can finance them a hotel of there own. The hotel owner now has a sustainable competitive advantage with the lowest cost of labor. That is the key element of the Patel hotel empire. Many new families to the US from Pakistan and etc are copying this blueprint. There's actually a fantastic article about this. Oldie, but goodie: https://www.google.com/?gws_rd=ssl#q=patel+motel+cartel&safe=off (first link in search results)
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