Jump to content

Liberty

Member
 View Profile  See their activity

  • Posts

    13,467

  • Joined

  • Last visited

 Content Type 

Posts posted by Liberty

    The Gift of Fear - Gavin De Becker

    in Books

    Posted

    Yes. I would recommend it too. I first read the book when it first came out sixteen years ago, and I believe it has probably subconsciously helped me many times since then.

     

    Funny story, I was either in the process of reading the book or had just finished reading the book when a psychopath came in to my office. Thanks in part to the book I immediately identified him as a dangerous psychopath and I had a language to codify the signs.

     

    He claimed that we had a better waiting space than the office next door which was true, but my assumption was that he was there to case the place and I started documenting the interaction so I could provide information in preparation for a break in or assault or something. I also interacted with him in a way to try to get as much information about him as possible.

     

    I found out he was waiting for a meeting in the next office down the hall and I believed it wasn't a cover story. My goal was to track him to the specific office and note the time of appointment. My plan was that after his meeting was over I would pressure them to provide his identity for our records and provide feedback regarding the quality of their clientele.

     

    I was never able to execute my plan because I watched him get up a leave to go to his appointment, two gentlemen in suits followed him down the hall maybe less than a minute later and then the three passed back by with our psychopath in handcuffs hidden under a coat draped over his hands.

     

    This guy had been a long time client of the neighboring office and this was the sort of office building where this type stuff didn't happen. I'm not sure how the cops found out about the guys appointment, but my neighbor was surprised by what happened and we didn't have to have a discussion about firing him as a client.

     

    The book basically paid for itself with one interaction in the first year.

     

    Wow

    Koyfin

    in General Discussion

    Posted

    Wow.  I don't know how I missed this topic entirely until now.  I signed up and have been playing with Koyfin this morning.  Very nice!  Thanks!

     

    Glad you like it. It's my main tool for financial data, has been that way for a couple years.

    Good piece on r/WallStreetBets

    in General Discussion

    Posted

    I posted some thoughts on the WSB/GME phenomenon in the intro of this:

     

    https://libertyrpf.substack.com/p/84-my-thoughts-on-wsb-phenomenon

     

    Loved this description. With the DOXXING of DeepF---Value as a CFA, investment advisor, and value investor, does this change your opinion at all? This seems to be a deep value play by DFV, Scion, Chewy guy, combined by some reckless shorts more than a pump-and-dump.

     

    I don't think it changes anything. It's not about how it started, it's about what it became... We've never had this kind of thing before, it was impossible to rapidly coordinate so many people and keep them engaged and bought in a project and recruiting a large flow of new adherents. Totally uncharted territory.

    Coronavirus

    in General Discussion

    Posted

    New J&N vaccine seems less effective at preventing infection than the mRNA vaccines, but still seems quite effective at preventing severe forms of the disease:

     

    "Not a single person who got the JNJ vaccine, and had illness after four weeks, ended up in the hospital."

     

    Another nice weapon in the arsenal.

    Good piece on r/WallStreetBets

    in General Discussion

    Posted

    From RH's point of view, traders are counterparties, so if they blow up on leveraged deep out-of-the-money impossibly volatile options, they could be left holding the bag.

     

    Seems to me like the solution is to increase margin requirements, not stop trading. I think they'll get a lot of blowback on this and it wasn't the right approach, but I also don't know what talks they've been having with regulators, so we can only guess what is going on behind the scenes.

    Coronavirus

    in General Discussion

    Posted

    Feds order 100m extra doses of Pfizer, 100m doses of Moderna. Good move.

     

    https://www.cnbc.com/2021/01/26/biden-administration-orders-additional-200-million-doses-of-vaccine.html

     

     

    It's a good move out of precaution, but my guess is that many of those doses will end up being donated to Nicaragua, Venezuela, or some place like that.  In total, the new order of 100m + 100m doses will take the United States up to a total of 600m doses for a country of 330m people.  That would be a ~90% vaccination rate, which would be outstanding (and implausible).  My guess is that, in our wildest dreams, only 70% get vaccinated which would require about 460m doses.  Time will tell, and it is better to have too much rather than not enough.

     

     

    SJ

     

    There's wastage, and the cost is minimal vs the cost of even just 1 extra day of the pandemic, so it's totally rational to over-order a bunch of doses, especially since you can be sure that one of the suppliers won't have a manufacturing SNAFU or whatever.

     

    Great if they end up helping poorer countries, foreign aid is great too, but from a humanitarian point of view, and as a way to build soft power in the world.

     

    Meanwhile: "Oklahoma trying to return its $2m stockpile of hydroxychloroquine"

     

    https://www.readfrontier.org/stories/oklahoma-trying-to-return-its-2m-stockpile-of-hydroxychloroquine/

×
×
  • Create New...