Separate names with a comma.
Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.
By 0 percent inflation in july is that what the dorks meant by transitory? Lyrtch
if inflation comes down to what forward predictions are currently without large spikes in unemployment or dramatic GDP contraction
i do find it very funny the outrage from people who don't seemingly understand how inflation is measured (or who have other partisan reason to feign ignorance) are big mad that Biden said July inflation was 0
Buddy, July was last month
yes i understand, i'm talking about YoY rate regarding forward bets
Lol at pretending to know how CPI is measured.
Legit though, you don’t have the slightest clue. That thread is comical.
Yes thank you the bitcoin psycho sharing tweet threads from nobodies is very convincing. Let's see some M2 charts next so we can do the full ideological circle.
When in doubt and with nothing to add, labeling people psychos and “nobodies” with info you can’t refute is definitely the way to attack an argument.
The fact you still defend the transitory nonsense is telling enough. If by that you meant “cpi might come down eventually but we don’t know when and prices are never coming back down to the levels they were at before,” then congrats I guess. I’d think you’d get tired of carrying central bankers’ talking points when they’ve been wrong about nearly everything of substance for a decade+.
i actually read that thread, if you edited out some emojis and editorializing you'd be hard pressed to reflexively think those changes are bad. most are changing the % of and what's in the bucket based on survey consumption data, others are changes to procure better data.
and no I don't feel an obligation to defend an argument you didn't make, but a 40 tweet thread from someone who again, has no credibility and I don't know and I can't get them to discuss
Those changes could also be summarized as “make number go down,” but sure.
Wasn’t my point anyways. You laughing at people who don’t know how CPI is measured is a self-own. Projecting your view of all of those changes as getting “better data”…based on your feelings I suppose. Awfully convenient to paint with such a broad brush.
yes laughing at people who think Biden lied is funny because they didn't understand what he was saying but got sufficiently angry at 10 second clips on twitter as intended.
but also yes your feelings that there is some grand fed and fiat conspiracy do make you assume things without evidence
Who said anything about a conspiracy? Just a bunch of incompetent central bankers and a system designed to fail. Doesn’t take any conspiracy to realize that quite a few changes to cpi calculation have had the effect of lowering the number it spits out and that high cpi = bad for politicians in charge.
we still doing shadowstats or are you fully in the crypto "its immeasurable, its much higher than measured, but no i cant show why"
had this same argument so many times its like seinfeld just came on
Really glad you two decided to go at it in here too
Meh. I’ve told you my position on this multiple times. Framing it as a “crypto” view of CPI is silly. I just sold all my btc, position is the same, now what…
How about you both just give us a list of 5 picks and we chart it to see who's right? No one in here cares about anything other than growing our money.
no im a nerd so i follow it for completely irrelevant reasons for wealth management beyond learning that bogleheads is the best method
We shall see, just from a nerd perspective it will be a really interesting 6 months to watch.
I agree with your VINIX take. It’s a large cap blend similar to PDGIX. The TTM yield is 41bps higher (positive) and the expense ratio is 45.5bps lower. Saying that, PDGIX has outperformed VINIX over the past 1 & 5 year periods. That’s not unusual for managed funds in a significant market downturn like we’ve experienced. Either fund is a good large cap blend horse to ride long term.
MTTR up ~40% today. Had been taking a beating, so nice to see some signs of life. I've been seeing the produce more on Zillow and a few CRE sites, hope it's starting to take hold. Not sure why every apartment/house isn't using it for 3D tours/imaging
The last month has been a lot more fun than the previous 7.
FUBo and JMIA with some nice moves the last couple days. If they can just (checks notes) triple from here, I can be green again.
Green is good right?
Requested a distribution from an old employer sponsored 401k on Friday and I don’t think it’ll be deposited into my Schwab rollover IRA until at least later this week. So of course this week will be filled with huge gains.
see you have to alert this thread so we can profit
Like if y’all wanna short the market now, this is the fourth time my portfolio has been within a few percentage points of a very significant milestone, and the three previous times the market absolutely fell off a cliff.
I told my buddy earlier today that I’ll let him know when I buy back in so he lock in some profits or hold off on buying for a few days.
Buying the dip, selling covered calls has been good to me this year. I was down 6 figures in March. Thank you AMZN and BA.
What’s your strategy to mitigating risks of actually selling your assets with the covered calls?
Edit: and congrats on the #s!
It’s a game you have to play in bear markets. I usually sell weeklies on any spike, with the hypothesis of regression to the mean. 5% out of the money on spikes has been my sweet spot, it adds up cumulatively
I’ve had to sell 400 BA shares and 300 AMZN shares below value this year. But it doesn’t affect bottom line because I’ll tax harvest my passive portfolio to breakeven on taxes.
Nicely done. End of the rally confirmed tho.
Yes, getting close to taking a bit of profit and waiting it out again
can u smell the euphoria?
Sold some things to harvest some losses earlier in the year and bought back some stuff on the cheap. The securities bought have already earned more in unrealized gains today than the loss I took earlier this year that will save me on some taxes.
Lol like clockwork
You can have your ETFs and your Index funds
Real chads invest in race horses that run exclusively at shady tracks
All time bag getter
Listen, I think Biden is so far gone, it’s sad.
but everyone should know what he meant about inflation being 0 in July.
Go FUBO go
Couldn't help myself last week, had to wet the beak w/JMIA
Nice. To me FUBO and JMIA are both 0 or moon plays. I could be wrong, but I don't see how either "sort of works". They will either wildly succeed or go under. That is especially the case for FUBO.
They’re high beta risk assets.
FUBO beta = 3.5
JMIA beta = 2.88
SPY beta = 1.0
Good traders love beta bc it is leverage. If you know what you’re doing you can make money trading high beta. If you don’t you’re likely liquidity for someone else.
I can confirm as somebody who has provided lots of liquidity for someone else on both tickers