Search found 1602 matches

by grumel
Mon Aug 10, 2009 1:08 pm
Forum: Investing - Theory, News & General
Topic: EMH is False Religion: "Six Impossible Things"
Replies: 81
Views: 10224

From the article, "Only in an efficient market is a market cap-weighted index the ‘best’ index. If markets aren’t efficient then cap weighting leads us to overweight the most expensive stocks and underweight the cheapest stocks!" Good! Now its just a small step to sell the "value weighted" indexfun...
by grumel
Mon Aug 10, 2009 10:13 am
Forum: Investing - Theory, News & General
Topic: Canadian Dollar-The World's Greatest Currency
Replies: 41
Views: 5654

[political commentary removed]
by grumel
Sat Aug 08, 2009 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Ben Stein let go by the NYTs
Replies: 31
Views: 5354

[quote="grunel"][/quote]


I dont like that nick.
by grumel
Sat Aug 08, 2009 8:20 pm
Forum: Investing - Theory, News & General
Topic: Special Drawing Rights
Replies: 2
Views: 747

First, why "worry about devaluation" in the first place. Not very rational. Second why not just get tips?
by grumel
Sat Aug 08, 2009 5:25 pm
Forum: Investing - Theory, News & General
Topic: EMH - Six Impossible Things Before Breakfast
Replies: 8
Views: 1834

How come most money is still invested active when emh is so dominant?
by grumel
Sat Aug 08, 2009 1:49 am
Forum: Investing - Theory, News & General
Topic: help with understanding chinese currency
Replies: 8
Views: 1810

That must be a quite a funny definition for unethnical . Maybe the i need a foreigner as scapegoat for the financial crisis definition of unethnical :-) China has a fixed exchange rate (or more precise an upper limit, but the market price would be far above the upper limit) below the exchange rate o...
by grumel
Fri Aug 07, 2009 8:56 pm
Forum: Investing - Theory, News & General
Topic: Japan's economy (20 years of recession and counting)
Replies: 41
Views: 6147

Give us an example of a society where the birth rate went to 1.3 children per woman for a sustained period, Low birth rates are a very recent phenomena in history, so there are no complete turnarrounds aviable simply because the phenomena is so recent. Still many policies already show sucess in man...
by grumel
Fri Aug 07, 2009 8:17 pm
Forum: Personal Consumer Issues
Topic: Which Saves more Gas in Driving 10,000 miles?
Replies: 48
Views: 6317

The only people who will take advantage of it, are people whose clunkers have a fair market value of less than the available subsidy. A very heroic asumption about the rationality level of everyone in a huge group of indivduals. Here, many people even scraped their cars after they had an offer for ...
by grumel
Fri Aug 07, 2009 4:28 pm
Forum: Investing - Theory, News & General
Topic: Japan's economy (20 years of recession and counting)
Replies: 41
Views: 6147

You make the old mistake of projecting current trends far into the future and conclude that they would become critical if they go on for much longer. Typically, those trends are not inevitable, it is just that so far they are not critical so the effort to do anything against them are very limited. T...
by grumel
Wed Aug 05, 2009 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: New BRIC vs USDollar 3yr CD
Replies: 22
Views: 5995

Re: What is so bad about these products

Please explain, I have never investigated these products before and am eager to get the facts. Do you have any performance numbers? That is how we can help each other on these boards. Thanks. . Why do you ask for agregate performance numbers? Of course they dont exist. How would that even be possib...
by grumel
Tue Aug 04, 2009 5:20 pm
Forum: Investing - Theory, News & General
Topic: Why not open the thrift saving plan to everyone in the US?
Replies: 72
Views: 8756

There are many good reasons: 1. You dont want to have a bureaucrat standing between you and your broker 2. It is socialism 3. A bureaucrat might come to your house and ask you if you want to save money 4. It could mean that the government would takeover the TSP. 5. The TSP rations acess to important...
by grumel
Mon Aug 03, 2009 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: New BRIC vs USDollar 3yr CD
Replies: 22
Views: 5995

These topics are fun to read for me. You are arround 10 years behind Germany with that crap. Those products are all horrible for the buyers, but great for the sellers. So considering the sad realities of the investment product "market" which is really just a sellers ripoff buyers* industry, those Ze...
by grumel
Mon Aug 03, 2009 1:46 pm
Forum: Personal Consumer Issues
Topic: Oldest durable good still in use in your household
Replies: 88
Views: 12117

Re: Oldest durable good still in use in your household

Some furniture are at least from my grand grand parents. That should be in the 100year range. In general, most furniture and dishes are older than me.
by grumel
Fri Jul 31, 2009 6:40 pm
Forum: Personal Consumer Issues
Topic: Something to think about
Replies: 19
Views: 3209

The outcome with someone that is actually famous beyond some upper class subculture would have been different :lol:.
by grumel
Thu Jul 30, 2009 4:12 pm
Forum: Investing - Theory, News & General
Topic: CFTC report blames speculators for oil price swings
Replies: 78
Views: 7166

Could you describe any of those other methods to "manipulate" and how they are suposed to create huge swings in oil prices?
by grumel
Tue Jul 28, 2009 9:56 am
Forum: Investing - Theory, News & General
Topic: CFTC report blames speculators for oil price swings
Replies: 78
Views: 7166

I don't know whether speculators drove all, part or none of the price swings. And I don't care either. But it sure looks like politics has driven one of the two governments to come to a conclusion different from the other. Best wishes. Cheap intelectual dishonest shot at Democrats. How about that v...
by grumel
Tue Jul 28, 2009 7:44 am
Forum: Investing - Theory, News & General
Topic: Burton Malkiel advertisin for Vanguard in the UK
Replies: 2
Views: 970

Burton Malkiel advertisin for Vanguard in the UK

http://www.economist.com/blogs/buttonwo ... burton.cfm



"BURTON Malkiel, author of A Random Walk Down Wall Street, was in London today, part of a marketing campaign by Vanguard, the US indexing group which has just launched its products in Britain."
by grumel
Mon Jul 27, 2009 11:33 am
Forum: Personal Consumer Issues
Topic: I'm dating a med school student and she's deeply in debt
Replies: 147
Views: 26192

German doctors also earn a lot and complain a lot about their compensation. They also love to add some compensation through pharmacy company bribes. Ok, maybe now they shut up for two years or so, since they got a pay rise in the 9% while the gdp contraced 6,7%. Our healthcare system is not exactly ...
by grumel
Mon Jul 27, 2009 9:23 am
Forum: Personal Consumer Issues
Topic: I'm dating a med school student and she's deeply in debt
Replies: 147
Views: 26192

It was your choice to join the zero sum competition. No one forced you to do so. Those are no justification for society to pay doctors more. Quite the contrary. That seems very harsh to me. . No its not he complains about high academic demands to get into med school . That is simply a discrimation ...
by grumel
Mon Jul 27, 2009 3:01 am
Forum: Personal Consumer Issues
Topic: I'm dating a med school student and she's deeply in debt
Replies: 147
Views: 26192

Sign me up! You sure? 4 years college. Intense pressure to maintain a high GPA, followed by high MCAT score and possibility of not obtaining admission no matter what. Debt starts to accumulate. .......... It was your choice to join the zero sum competition. No one forced you to do so. Those are no ...
by grumel
Mon Jul 27, 2009 2:23 am
Forum: Personal Consumer Issues
Topic: The China Bubble's Coming -- But Not the One You Think
Replies: 9
Views: 4352

China sucks. That is no news for anyone. The exiting point is that China sucks much less every year at a very fast speed. The Chinese are "good capitalists" insofar as they have no social insurance system. The staate owned companies, often kept alive by subsidies do provide many social services. So ...
by grumel
Mon Jul 27, 2009 1:52 am
Forum: Personal Consumer Issues
Topic: Ethnic foods you enjoy...
Replies: 57
Views: 11931

Chinese, Thai, Kroatian, Greece, Turkish.
by grumel
Sun Jul 26, 2009 1:45 am
Forum: Personal Finance (Not Investing)
Topic: # of Doctors to Increase Under Healthcare Reform
Replies: 63
Views: 8735

The $1 million+ that we spend saving 24 week old babies that would be left to die in other countries (either because they don't have the facilities or technology that we have or they make decisions about rationing a limited number of resources) goes into our total health care spending. Does that ha...
by grumel
Sat Jul 25, 2009 9:25 pm
Forum: Investing - Theory, News & General
Topic: Thaler and Krugman on EMH
Replies: 116
Views: 12301

Krugman again: http://krugman.blogs.nytimes.com/ Can this be right? Part of what’s wrong, I think, is that his calculation appears to include only the dot-coms, not the wider range of tech stocks that soared in value. The Nasdaq lost around $3 trillion in value when it plunged, while Microsoft was w...
by grumel
Sat Jul 25, 2009 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: # of Doctors to Increase Under Healthcare Reform
Replies: 63
Views: 8735

--political link deleted-- The second thing about health care is that it’s complicated, and you can’t rely on experience or comparison shopping. (”I hear they’ve got a real deal on stents over at St. Mary’s!”) That’s why doctors are supposed to follow an ethical code, why we expect more from them t...
by grumel
Fri Jul 24, 2009 6:30 pm
Forum: Personal Consumer Issues
Topic: Top 12 Indicators That the Economy is Bad
Replies: 22
Views: 3574

More 'postgraduate'/ professional classes. How would you distinguish postgraduate/professional class from upper middle class? Those debates are sometimes hard for me to fully understand, not so much the obvious different things but those that have such a subtile meaningshift that a dictionairy does...
by grumel
Fri Jul 24, 2009 3:12 am
Forum: Personal Consumer Issues
Topic: Top 12 Indicators That the Economy is Bad
Replies: 22
Views: 3574

Postmaterialistic big city upper middle class = white people?
by grumel
Fri Jul 24, 2009 1:36 am
Forum: Personal Finance (Not Investing)
Topic: # of Doctors to Increase Under Healthcare Reform
Replies: 63
Views: 8735

For yourself and society, dont become a doctor.
by grumel
Fri Jul 24, 2009 12:38 am
Forum: Personal Consumer Issues
Topic: Frugal Celebrities
Replies: 33
Views: 7515

No never, why would anyone be bitter. There is no reason for anyone to be bitter! http://pubdb3.census.gov/macro/032007/hhinc/new05_000.htm God forbid anyone would say anything else than unconditional praise for the strongest members of society. They deserve to be praised since the very fact they ar...
by grumel
Mon Jul 20, 2009 8:36 pm
Forum: Investing - Theory, News & General
Topic: Poll: I would borrow money to invest if...
Replies: 30
Views: 4600

Hedge fund nation :lol:
by grumel
Mon Jul 20, 2009 8:14 pm
Forum: Personal Investments
Topic: Berkshire Hathaway
Replies: 36
Views: 6982

no,no no idear

Or yes/yes no idear, in case you also consider market weight holdings from mutual funds. Hm actually i have no idear if my sampling technique using msci world fund owns Berkshire. Maybe, maybe not.
by grumel
Sun Jul 19, 2009 4:04 pm
Forum: Investing - Theory, News & General
Topic: Executive compensation as expense ratio
Replies: 94
Views: 9048

Why just consider executives expense ratio. Lets consider all paid human beings that disturb the capital reproduction as expense ratio.


That entire ceo/ er connection is pointless and irrelevant.
by grumel
Sun Jul 19, 2009 2:11 pm
Forum: Personal Consumer Issues
Topic: Frugal Celebrities
Replies: 33
Views: 7515

Right, because a 2,5 million iceland is no waste :lol:
by grumel
Sat Jul 18, 2009 7:44 pm
Forum: Personal Consumer Issues
Topic: Frugal Celebrities
Replies: 33
Views: 7515

Id love to see the mansions these frugal folks live in. Yeah, Leonardo "only" drives a prius and doesn't fly "private" jets. .......... The funniest ones are the discount billionaires. They have to switch to ultra frugal whenever they are in a business setting. Ingvar Kamprad arrives with a 20 year...
by grumel
Sat Jul 18, 2009 6:48 pm
Forum: Investing - Theory, News & General
Topic: Executive compensation as expense ratio
Replies: 94
Views: 9048

The market view on ceo selection is rather odd. The social background of ceos might get lost for a surfacial viewer. Not so the gender and scin colour. The extreme overrepresentation of white males is obvious even to the most surfacial observer. http://sociology.ucsc.edu/whorulesamerica/power/nation...
by grumel
Sat Jul 18, 2009 4:41 pm
Forum: Investing - Theory, News & General
Topic: Executive compensation as expense ratio
Replies: 94
Views: 9048

Bill Gates gets lost in the desert without water. Someone with water finds him. How much is the water worth?
by grumel
Sat Jul 18, 2009 4:27 pm
Forum: Investing - Theory, News & General
Topic: Executive compensation as expense ratio
Replies: 94
Views: 9048

A ceo is one person. Vanguard has 12000 employees. Just become a buy and hold billionaire. Without all the variable cost, your expense ratio will be negative thanks to share lending profits :-).
by grumel
Fri Jul 17, 2009 9:26 pm
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki ("Rich dad poor dad")
Replies: 52
Views: 10822

probably fell into the "duh, obvious" bucket (e.g. start your own business, take risks,
Those fall rather in the "duh, stupid" bucket.
by grumel
Fri Jul 17, 2009 12:12 pm
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki ("Rich dad poor dad")
Replies: 52
Views: 10822

<--- Borderline retarded. Below average grades. Damn, i was not able to go to Princeton, my life is over. Maybe my iq is also below average. I jost dont know, since those caveman here never measure anyones iq.
by grumel
Thu Jul 16, 2009 3:25 am
Forum: Investing - Theory, News & General
Topic: John Stewart does it again, Shows the "Real" Jim C
Replies: 20
Views: 4535


A- Apparently he has a good track record. Then again, I could be wrong if it hasn't been audited or whatnot.
His "audited" (=what he tells in his show) track record is horrible. Beyond that we have the old 1000 times debated its more likely that he got lucky gambling problem.
by grumel
Wed Jul 15, 2009 8:52 am
Forum: Investing - Theory, News & General
Topic: How does Goldman Sachs make so much money?
Replies: 20
Views: 5705

http://www.economist.com/businessfinanc ... s_box_main

Goldman Sachs’s record profits owe more to lack of competition than market recovery
by grumel
Wed Jul 15, 2009 3:35 am
Forum: Investing - Theory, News & General
Topic: How does Goldman Sachs make so much money?
Replies: 20
Views: 5705

How could Goldman Sachs not manage to make so much money with a monopoly and huge subsidies?
by grumel
Tue Jul 14, 2009 6:48 am
Forum: Investing - Theory, News & General
Topic: "Do not pay attention to the current Gold price"
Replies: 24
Views: 3526

Sounds exactly like that, a private curency, lousy based on a gold standard. That might get them into trouble since countries have a habit to claim a monpoly onto makeing money.
by grumel
Sun Jul 12, 2009 12:57 am
Forum: Personal Consumer Issues
Topic: Have to attend 1st cousin's wedding?
Replies: 41
Views: 8349

Who else thinks roosvelts topics are all made up?
by grumel
Fri Jul 10, 2009 8:58 pm
Forum: Personal Consumer Issues
Topic: Good luck to GM
Replies: 43
Views: 5235

Re: good luck also

hollowcave2 wrote:I hope GM succeeds also, because the US succeeds if they do.

Steve
You want to trade Microsoft for BMW? GM would do great in a poorer country.
by grumel
Fri Jul 10, 2009 5:40 pm
Forum: Investing - Theory, News & General
Topic: Shiller article about house prices
Replies: 1
Views: 726

Shiller article about house prices

http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=297701&version=1&template_id=46&parent_id=26 The price of farmland hasn’t grown so fast as to make investors rich. In the United States, the price of agricultural land grew only 0.9% a year in real (inflation-adjusted) terms over the ...
by grumel
Fri Jul 10, 2009 3:31 pm
Forum: Investing - Theory, News & General
Topic: It is different this time. Isn't it always? Yes, but...
Replies: 38
Views: 5891

I agree that we need an empire bringing rule of law to the world and defending us from the evil communist Berkley political science professors. Good that this forum is dominated by quotes from sane moderate centrist like Peter Schiff, Nial Fergusson or Jim Rogers and not to forget all those no names...
by grumel
Fri Jul 10, 2009 2:46 pm
Forum: Personal Consumer Issues
Topic: Great Tax Credits, Should I get Solar Panels?
Replies: 50
Views: 10967

What about the energy you are not consuming yourself? Any feed in tarif regulation?

Edit: Run, dont walk when you need a 7% credit.
by grumel
Fri Jul 10, 2009 2:22 pm
Forum: Investing - Theory, News & General
Topic: Is doom and gloom on summer vacation?
Replies: 10
Views: 1943

Concerns about unemployment or a drop in lifing standard in general are one thing, all those gold guns, land, hyperinflation, country x is broke and so on topics another.
by grumel
Fri Jul 10, 2009 10:58 am
Forum: Investing - Theory, News & General
Topic: SCV: P/E ratio 44.8x? normal?
Replies: 13
Views: 2208

I would be surprised if the p/e ratio for 2009 will not be negative.