Viewing profile — chronic29521

> The market can remain irrational longer than you can remain solvent. And you can consistently beat the market as long as passive index investors believe in efficient markets.

> If the company is overvalued, that overvaluation is set by the wider market, not just passive investors. You probably also believe the markets are fully efficient and there is no…

your 70k points + $600/pax is equivalent to $1300 so $600 fees is 46% of the points + cash you paid you could've cashed out 70k points as $700, therefore the 70k points becomes cas…

> Nope. I just booked biz class flights to Scandinavia in August for 140k pts. Was it 70k points for single passenger, round-trip business class? It's usually 100k points for one-w…

> Everything there costs at least twice the price it should. Especially food which is basically what everyone does during layover. Business class passengers don't pay for food. The…