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jweissman

jweissman
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  • Doomsday Investment Challenge [View article]
    Respecting any and all effort by the author to construct these interesting portfolios I am struck once again by the fallacy of imagining what "waelth" might be in doomsday scenarios. In these scenarios, which are subject to tremendous synergistic entropies, if you will, there will not likely be much social structure left for any kind of exchanges on the mass scale. This includes exchanges of gold, and gems, and even fuel. This has all been "done" in the movies. Yes, a handful of already well-resourced peeple can maybe abjectly survive, but general chaos will prevail and everything that equals "wealth" these days, as well as most social "paradigms", will go down with the ship.
    May 21 06:08 PM | 2 Likes Like |Link to Comment
  • Not So Golden Years: How An Aging Society Can Impact The Markets [View article]
    I, Baby Boomer. Guilty as charged.
    May 16 10:25 AM | 2 Likes Like |Link to Comment
  • Permanent Portfolio Returns: Steady Or Risky? [View article]
    Thanks Shaun, great subject many are interested in!

    Few months ago I set up two virtual permports, each with virtual 10000$, and allocating to 25/25/25/25. The first I blindly bawt into at whatever time of day it was , and the second I waited several weeks until at least one, and then another, The result is that 1 PP is down over 3% and 2PP is up well over 3%. Maybe this diff will dissappear over time, but I cannot imagine not trying to give the thing a nudge in the rite direction. Feedback welcome.
    Apr 24 05:50 PM | 2 Likes Like |Link to Comment
  • The Durables Data Predicts Doom [View article]
    The article is well-writ, and even, to my ignorant eyes, erudite, but as usual a bear-market case is somehow made to be more "meaningful", than a bull-market case. A bull market call is delusional, a bear market call is "truth". The Wall Streetists are in cohoots to tout shit. Somehow "doom" is realer than "boom".

    No one knows what is "going to happen". No one. No number means all that much, not one number--because numbers breathe, "economies" breathe. Economies go up and they go down, sometimes more often than less, sometimes less often than more.

    "Doom" is based on the false "benchmark" of ever-rising numbers, unbounded buying, unrelenting demand for anything and everything-- in other words, an unchained Bull Market....So when there dares to be a "bad" number the doomists, like atheists, derive their bristling position from the antithesis, the unwitting wellspring of their reality.

    One more time. No one know what is going to happen.
    Feb 29 06:08 PM | 2 Likes Like |Link to Comment
  • Best Buy: The Writing Is On The Wall [View article]
    Thanks for the article. I am willing to pay a premium for a store's stock. Forgive me, Bargain Maven, but I think it's moral (italics mine) to shop locally--IF the price isnt too much above what it'd be online. 10-15% maybe. Recently an item thru Amazon cost 35ish and in a local store cost about 50--too much, but for 38 or so, I'll buy in the fisical store. May not keep the likes of BB in biz, but I'm following my "bliss".
    Feb 6 03:13 PM | 2 Likes Like |Link to Comment
  • Bad Idea: Playing The Mortgage REIT Dividend [View article]
    Thanks for the post! You did the homework. As you mention, fundamentals trump the trading nonsense. You can't make money playing the same game rite along with hundreds or thousands of "like-minded" players. It's musical chairs. The profits are meager, if at all. For INVESTORS, tho, a "dip" after such post divi selloffs is maybe a good time to buy, or begin buying.
    Jan 20 06:01 PM | 2 Likes Like |Link to Comment
  • The Time Is Now To Take Profits On These 2012 Winners [View article]
    And you have a nice day too!
    Jan 14 10:10 AM | 2 Likes Like |Link to Comment
  • Oil And Gas: A Trend That May Pull Down Pipeline Stocks, MLPs And ETFs/ETNs [View article]
    Thanks for the article. Adds way more perspective than I had. Winters won't always be this EZ in the northeast, and there is a new trend, IMO, which uses as much or even more gas than heating--generating electric--for house-owners. When the storms come again and almost entire states, such as CT, lose power, peeps buy generators, and permanent gas-powered generators are the safest, most reliable, and eziest to operate (you don't, operate them, they are auto). I know not if the numbers are significant, but I hear of and know peeps in my area who have installed them. This "trend", if it is one, will be slow, but for those with the money, it's growing, IMO.
    Jan 12 11:14 AM | 2 Likes Like |Link to Comment
  • 'Buy High Sell Higher' - A Review Of Joe Terranova's Cutting-Edge New Book And His 2012 Outlook [View article]
    I want to add, and to be fair Terranova is not necessarily in this camp, that there is a massive effort by various entities seeking to get more of the "little guy's" cash into the "market", whether into Forex, options, commodities, futures. Not saying this is a "conspiracy", but maybe a mad grab for "liquidity" by those who make money via "other people's" trading.

    It was once some rich guys' skeem backwhen, to bloat the stock market with the little guy's money--as portrayed in the excellent PBS special about the Crash of 29 "Blue Skies", with a haunting version of that song by Harry Richman which plaints more of longing than of a lovesick celebration). Yeah, some peeps know what they're doing, but most don't, especially with options etc.
    Jan 7 05:53 PM | 2 Likes Like |Link to Comment
  • Positioning Your Equity Portfolio For High Yield With Moderate Risk, Part V [View article]
    Foreign taxes are a major issue for me.I never buy shares before learning what the tax is, as mentioned in the example of Spain, which is near 20%. Israel is hi too. If your tax bracket is low the deduction for these taxes won't offset the hit.
    Dec 5 12:17 PM | 2 Likes Like |Link to Comment
  • 7 Best CEFs For The Income Investor's Portfolio [View article]
    Thanks for the great artilce. I needed the primer!
    Nov 3 04:57 PM | 2 Likes Like |Link to Comment
  • Why Buffett's Right About Bank of America and What to Do About It [View article]
    I am not a big Buffet believer, but nor am I, or would I be, a share holder in BAC. A new branch is being built in my town, where there is already a glut of banks. Nothing short of a CD rate @ 3 % would get me in there.
    Feb 17 08:47 AM | 2 Likes Like |Link to Comment
  • Just a Passing Market Storm? [View article]
    'Good heavens, at least President Reagan’s family had the good sense to remove him from the public eye once his memory started to fail. Someone needs to give this old coot the hook (I say that with all due respect, of course) and get him off stage! May he have a happy and lengthy retirement. Soon, please.'

    Hey pal, ease up on the age thing. Your dispute with Greenspan's policies have, and have had, NOTHING to do with his age. You'r e headed that way, if you live.
    Jan 24 09:20 AM | 2 Likes Like |Link to Comment
  • Jeffrey Saut: 'Do You Sincerely Want to Be Rich?' [View article]
    Very good article, thanks! I see the issue as one of a dynamic of opposites. Giant gains can, in a blink, turn into giant losses. The so-called "stomach" is the ability to fell the gain as the potential loss it could well have been. I really like the idea of keeping part of a successful position. I have recently begun doing that, even with 100 shares being sold down to 50, and that "technique" represents why I bought the stock in the first place--I believed it would go up.
    Dec 21 09:17 AM | 2 Likes Like |Link to Comment
  • Is Buy and Hold Dead? [View article]
    Using the analogy, the ony SAFE way )and why should it be otherwise?) out of the traffic is to walk amd walk more until you find an overpass. Or just WAIT until traffic eases. The problem comes from insisting that one cross the street exactly where and when one is and wants to. In a profound way that buy and hold is the ultimate trend following "strategy".

    The real buy and hold issue is not whether or not it's dead, but WHAT are you buying and WHEN are you buying it? In this sense "timing" is relevant. In the sense that market timing is a feasible strategy for the average "trader", it's a foolish game.
    Nov 14 02:42 PM | 2 Likes Like |Link to Comment
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