@a_greenberg@gladstein@samykamkar Wake me up when it works out where the mouse is pointing, where the cursor went, what tab / app got chosen, what text got selected and where Ctrl+V landed
Remember, although #VIX has peaked for now, it’s common to see a second peak as positions unwind, and that can be with #ES having drifted below the recent low.
That would be the time to buy with maximum conviction.
For now, longs with tight
Tstops, keep replacing them.
Remember, although #VIX has peaked for now, it’s common to see a second peak as positions unwind, and that can be with #ES having drifted below the recent low.
That would be the time to buy with maximum conviction.
For now, longs with tight
Tstops, keep replacing them.
Countries can pick two of the three corners; but must give up the third corner as a sacrificial lamb. All 3 corners cannot hold, at least not in the long run.
In 2007, Jobs stepped on stage to unveil a product that would change everything:
The iPhone.
"An iPod, a phone, and an internet communicator," Jobs announced.
"Are you getting it? These are not three separate devices. This is one device."
Stock returns are so skewed to the 4% of stocks that are responsible for all equity market returns that have occurred in the past 100 years.
Statistically, it is virtually impossible to outperform an index over time since you would have needed to specifically own the tiny percentage of stocks that beat the index, and specifically avoid the vast majority of stocks that underperformed the index.
Individual stock picking turns investing from a positive sum game to a negative sum game. Index investing is like being the casino. Individual stock picking is like being the gambler.
I'll tell you why: Because the 2-year T-Note yield says so. And it has a better track record of knowing what the FF Target Rate should be than all 400 of the Fed's PhDs.
A visualization of the US debt situation:
Where does all the debt sit?
Where are the problem areas?
Let's break down the sectors with the largest and fastest-growing debt burdens 👇.
1/16
We can scrap all three taxes, and replace them with a modern, fair, tax on the value of land. A tax that creates a positive incentive to develop land. That's land value tax - and it has support from economists and think tanks right across the political spectrum.