Recent content by stuntman stoll

Just watched the documentary Icarus which is mostly about the main Russian guy responsible for the doping, and it is fantastic.

Could have something to do with bitcoin looking so much better than gold? You buy gold to preserve wealth for decades/centuries. You don't buy it because it gains interest, or have any meaningful appreciation, or to use as a means of exchange.

Uhhh, could it be that government is the reason for supply not rising? I take it you've never built anything brick and morter. After each time I have I come away with the feeling that it's not worth it. This is anecdotal, but my last project, my business buildout moving into a new space, it...

Lol, unemployment literally means, not employed- ie. EVERYONE without a job

I think you're way off base as I'm alarmed at how many people I come into contact with who don't seam to work at all.

I go back an forth between having the drive to expand my current business and start others, and having the feeling that everything is so tiresome and just wanting to coast.

Please do tell. I figure the government gets about 60% of what I produce - and jail is the alternative.

He must not be expecting amazon stock to go up very fast from here on out. If he were, he would take out loans at maybe 5% that are backed by his stock as collateral. I believe that is how Paul Allen (of Microsoft fortunes) has had spending money, without working for decades, and without...

I think that might even be biblical - from old testament law. And then don't the kids from the new marriage carry on the dead guy's legacy?

Sooo, I didn't look too closely at the 3x inverse bond ETF that I linked to in the first post... but apparently it kind of disappeared/was delisted last fall (I can't really find info about what happened to it). Also, it was/is run by Deutsche Bank which will probably either go the way of Bear...

I think it may be time to start betting against Japan. From what I've read, some big hedge funds have been doing this for years, and have been losing money; but maybe not because they're wrong, but too early. What is the best way to go about this? I was thinking of something like buying an...

Yep. There is a reason why all those people are in the snaking line at the wal-mart "bank." They CAN'T bank at a real bank.

No. People don't save. People don't have savings at home except for some people who are here from other countries who have learned from experience to not trust banks.

I'm on the fence here. It looks like the company should be on it's way to bankruptcy (or bailout). They are burning through cash at an impressive rate. But with a Steve Jobs type forward thinking hard charging front man, they could also win big.

Future profit is what it's all about. Plowing money back into the business wipes out profit, but usually means higher future profit. Taking profit now means less investing for future profit. Growing revenue usually means a growing business and more likely higher future profit.