@trengriffin Interesting, I read "Muddling Toward Frugality" in the 80s. It influenced my view of politics, that it is better when the house and senate are not one party and my spending, better to spend less than You make. Thank you Tren, your thoughts have enlivened my own views as well.
@patrick_oshag Visa/MasterCard definitely. My largest position for years. Craigslist is somewhat broken by scammers and Facebook marketplace I’m afraid. Berkshire Hathaway and Amazon maybe.
@rationalwalk Mr. Munger is not a boomer! But he he is brilliant. I’m sure he has researched it. As The Ration Walk said he is speaking of foolish speculation by those who can ill afford it.
My three posts on value investing a few months ago have morphed into a paper on value investing, from its glory days (which were never that glorious) to its fall from grace, and why the biggest barrier to a come back is a failure of imagination. https://t.co/7j2YK3HSLI
@RichardDawkins This will someday happen. Let us all hope that our understanding of genetic complexity and our social mechanisms for the oversight and deliberation of what is desirable and benefits the whole is up to the challenge before that time arrives.