crs223

For software development, it’s the opposite. The human comes up with the roadmap (“i’m going to make a stock trading app”) and uses AI to perform the mundane details (“write a function that sorts integers”).

I got a quote from Geico and Progressive today (online) for bundled auto and home. Both subsequently refused to quote the home policy (“call us!”). Both came in ~10% higher than state farm — which is presently bundled with home. Im in California. I pay $520/6month for a 2021 subaru, no tickets or accidents.

My neighbor recently bought a second home in Portugal. I didn’t get the full story but she was partially motivated by taxes. Wonder if this is a trend…

I’ll be impressed when it can write an essay like that… but also as a palindrome. Regarding the piano… i asked it to make up a story about a friend of mine (rotational encoder engineer whose wife wanted him to clean out the garage)… and ChatGPT correctly guessed that he loved garage sales and flea markets.

Battling over the definition of words… this thread is a waste of brain cells!

I agree. Do you also “want to be convinced”?

Whenever a high level policy is changed for the better, losers will come out of the woodwork to say “you’re not doing it optimally” or “too fast” or “too slow”. Another example is the Afghanistan withdrawal. Good job China for opening up.

d’oh: you don’t need the cost basis to compute MTM asset value…

Thank you. you are “marking assets to market” because real estate is carried on the balance sheet at purchase price (minus depreciation)? Does the REIT offer a “mark to market” asset value? or do investors have to make it up themselves? If the latter, do REITs offer the addresses and cost basis of all their properties so you can look it up on zillow yourself? Sounds like a lot of work! thanks again, and again i apologize for the naive questions.

Im sorry to be so naive, but how do you get 3% leverage? CLPR has $1.2B in assets, $1.2B in debt, and $44M in equity. If assets drop by 3 percent, all equity is wiped out.

I love your comment. especially the reframe of ChatGPT as a catalyst for google innovation. What do you mean by “still have time to pick up the kids”? Sorry i don't get it.

Great news, hope you got a great deal! Where are you looking to buy? I sat out housing bubble 1.0 (2006) and bought my first house in 2012. it was tough not buying with everyone else. I also missed the popping of the GFC bubble. unfortunately I deceived myself to think i was good at identifying bubbles… turns out i just had “permabear syndrome”.

I agree: those with low fixed rate mortgages are incentivized to not sell. I agree that should cause volume to drop. But i do not agree that this means “therefore prices should not go down”. If there are too many sellers and/or too few buyers, then prices will drop (regardless of volume).

Why is the market offering such a bargain? Why isn’t BRK buying? What’s the risk?

Have home builder stock prices ever dropped? If so, under what conditions?

I’d like to screen for companies that compensate independent board members in a BRK-like manner. Anyone know a way to screen for this? Screening for “proxy statement page count” could get me there too.

pretty simple really. if “investment research firm MSCI” is unhappy with the board, they should start buying shares and elect a better board. I recommend the “A” shares for this purpose.

I’m sure i’m interpreting this wrong, but this is what i read: Option 1: Use leverage on something you don’t understand. Option 2: Don’t use leverage on something you do understand.

$OSTK

I’d like to transfer funds from a self directed 401k into a Roth IRA. Who wouldn’t? Can I sell a high interest bond in one and buy the same bond in the other? Or some equivalent with options? Maybe some strategy where there’s a 90% chance funds will flow one way, and a 10% chance it will go backwards?

1. Thanks for the heads up 2. Return it or chargeback 3. Am i the only one who finds this funny? Regarding #2, i used to work for an online retailer. We were charged $15 (1996 dollars) for every successful “chargeback”. A chargeback is when you dispute a charge with your bank. Needless to say, the we were terrified of chargebacks. Particularly terrified of people who even knew to use that word. nowadays I don’t hesitate to threaten a chargeback if a retailer gives me any grief.

FYI there are some weird cuts in the video. it may have been edited to cause the exchange to look different than it actually was. For comparison, watch this clip (a hilarious sketch for those of us old enough to know GWB) starting at 2:20:

The US lockdown was more than just having to wear a mask. For example, my kids’ school was shut down for 1.5 years. My wife quit her job to take care of the kids during the day.

more than half of the small businesses in my neighborhood have “help wanted” signs in their window: all restaurants, dry cleaners, supermarkets, even the “olive oil tasting” place. Each Help Wanted sign represents a business that cannot afford market rate labor. Not sure why the workers stick around.

i would agree with you if the criminals kept their proceeds in bitcoin as an “investment”. I imagine the criminals like bitcoin for the anonymous part. Not the “investment” part. The criminals quickly sell the bitcoin for cash… and buy BRK-B for “investment”. At $20k/BC or $1/BC, criminals can still get $500 from a victim.