benchmark
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@ICUMD What brokerage are you using? the margin rate is pretty high -- I'm surprised that you can cover the margin cost with the dividend
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I also used quite a bit of margin the last few years, I'm able to cover the margin cost mostly with some trading, while the assets that I've bought have appreciated. So it worked out so far, but it's not something that I'm comfortable with, and I'm planning to close out most of the margin next year.
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Berkshire is a true unicorn. I don't think that comparison between the two is meaningful. I'd be happy if Fairfax is half as successful as Berkshire.
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Thank you.
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what rules need to be followed in a taxable account? why is it not advisable?
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I get that fractional MTC helps to facilitate transactions. I think that the fact that by simply keeping money around you get the appreciation of the productivity/GDP growth would disincentivize some spending. Would it not cause the economy to not grow or grow very slowly?
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Thanks for the reply. If the value of the money goes up, is it that an incentive to not spend money? i.e., if a paper clip is cost a 1 MTC today, I'd be incentivized to not spend that 1 MTC, as a year from now, that paper clip will cost only 0.5 MTC. This would in turn reduce economic activity?
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@Vish_ram In your Mar's example, given that limited supply of Mar's coin, how does its economy grow? how is it measured then? the current capitalist system works with the underline assumption that one can 'create/print' money, afaik.
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Have you sold out on Meta?
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I agree in principle. However, in practice, the tax implication on the capital gains have made me twiddle my thumbs
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Great podcast episode recommendation thread
benchmark replied to Liberty's topic in General Discussion
Totally, Gurley is awesome, Gerstner just tries to sound intelligent. -
I think that it still have some runway when the rate is finally cut...
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Yes. I think we have found a good repeater/AI. No matter what new jobs get created, the repeater/AI will be the main worker in these new jobs. Thus the need for regular/average human will be greatly reduced unfortunately.
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Thanks Prasad. Is that too packed for 10 days? Did you mostly travel by plane or train?
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I need to go to Bangalore for business, but wants to spend around 10 days after to explore the country. Which area is too hot to visit during that time?