Viewing profile — riggins

> The tax burden in the US already is mostly on the working class. not really https://www.federalbudgetinpictures.com/do-the-rich-pay-thei... https://taxfoundation.org/research/all…

I assume you mean OP? > The entire world (including the US federal government) has taken a short position on the US dollar I read this as a prediction of some type of crisis. Anywa…

Name 1 example of a currency crisis where the debtor nation had debt denominated in their own currency. I'll save you the time. There are no examples. Every currency crisis has deb…

https://www.nytimes.com/interactive/2021/08/18/opinion/infla... "In July, some of these sectors (used cars in particular) experienced a big deceleration in inflation, bolstering th…

I don't see where you pointed out that type of move would be unlawful. > Obama was elected President twice. What more of a mandate did he think he needed to feel confident enough t…

> Donald Trump declared a national emergency so he could bypass Congress and raid the military budget to build a wall. your argument is that Obama should be more like Trump? Declar…

I'm sad this comment hasn't been upvoted higher. The comment explain how the mutation could be possible. The key is that the mutation would prevent reproduction. If you never age, …

"not one person responsible for crashing the economy" https://www.amazon.com/Stabilizing-Unstable-Economy-Hyman-Mi... The incentives in capitalism "crash the economy". Yes, there w…

But what about their propensity to drive really slow?

Warren Buffet is on the phone for you ... He says when the intrinsic value of a company is greater then the price implied by the stock, buybacks benefit the shareholders .. And whe…

BTW if you could really earn 11% with no risk of principal loss ... Just borrow as much as you can and collect the interest spread ...

You have to keep in mind the source. Let me put it this way. A VC's job is to buy X (where X is equity in a startup). Of course every VC would love for X to go on 50% sale ... or e…

I don't know why your comment is being down-voted. George Soros based his entire career on this dynamic and even coined the term 'reflexivity' to describe it. Here's where and why …

Ray Dalio published his "principles". It's a fascinating read http://www.bwater.com/Uploads/FileManager/Principles/Bridgew... The other interesting aspect is that Dalio is an adher…

I see the Broken clock right twice a day. sentiment expressed in a couple places in this thread. I think it warrants mentioning that Michael Burry had a very successful career befo…

Bodies are like machines, if you use them a lot they will wear out because of over-use. This is a poor analogy. Bodies can heal (i.e. regenerate tissue). Machines cannot. If this a…

Don't most airlines work through a 3rd party that actually purchases and owns the planes? this is driven by the fact that airlines don't consistently have taxable income. If you ha…

If they raise interest rates, they will have to service their $18 trillion national debt and expose a lot of malinvestment in the private sector. 1. I think the Fed wants to "expos…

Assume someone makes 50K and they want to give their entire 50K to charity. Do you think that person should be able to give 50K to charity and not pay tax or only 32.5K (50k x 35% …

1. "A stable company might have a price/earnings ratio of 5x" You're way off on PE's. The Shiller PE is 26* right now. P/E moves inversely with interest rates. With rates around 1%…

how were you able to determine that?

I assumed that the author is himself an MD in another speciality. 1. The quote below. The most likely way the author would know this is that the author went to med school. Its poss…

I'm surprised it hasn't dropped more. This article pegged it at a 9.5% drop. http://espn.go.com/espn/otl/story/_/page/popwarner/pop-warne...

let me give you the elevator explanation for a $20B valuation. 'Barclay’s report estimates that Airbnb’s current bookings are about 37 million room-nights per year ... predicts tha…

Every step of the way someone says something like this "is worth almost as much as say Marriot ... is absurd" here's an example around the $10B valuation http://qz.com/190432/airbn…