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Invester Newb

Invester Newb
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  • Wall Street Breakfast: Must-Know News [View article]
    Yes, and when the government come to take away what little liberty you have left you will be completely and utterly defenseless. Go ahead and give up your guns and see how quickly the government seizes control.
    Apr 3 09:51 AM | 7 Likes Like |Link to Comment
  • Why China Will Not Dominate The 21st Century [View article]
    It seems any country with a significant Muslim minority faces an "Islamic threat." Given this fact, why would western nations knowingly create a Muslim minority in their own countries?
    Mar 19 08:02 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Like I'm trying to say "It's complicated." It's not black and white. It all depends on what the probability is vs. the cost. Car manufacturers have to make these kind of trade offs all the time.
    Mar 17 11:19 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    @Those Who Wait So I assume you will be purchasing an armored Humvee as your next automobile?
    Mar 16 07:58 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Let me try to make my point another way. These are just made up numbers, but perhaps it will help illustrate my point. Imagine you walk into a GM dealer and you want to buy a car. The salesperson tells you "This car has a faulty ignition switch which will slightly increase your risk of a deadly car crash. Your probability of a deadly crash in this car is 0.11%. We can replace the ignition switch for you and reduce that risk to the industry standard 0.1%. This will only cost you $2000." Would you choose to have it replaced? I probably wouldn't. So anytime I hear a story like this I wonder how dangerous was the problem in the grand scheme of things, and how much would cost to fix? Personally I don't think we should have all these safety regulations. Every car company should be forced to disclose stats on what percentage of each models owners die in their car. Safety conscious consumers then could decide for themselves how much risk they want to take and how much they are willing to pay. Now I'm not saying GM is right or wrong in this particular case. I'm just saying I'd have to know more about the case. Here is a video of Milton Friedman elucidating this concept much better than I ever could.
    Mar 14 03:37 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Car safety issues always get blown way out of proportion. Thinking of how many people died is just a way to make people look at this issue emotionally rather than rationally. The correct way to look at the issue is in terms of probability. Safety has a cost and none of us are willing to pay an infinite amount for a marginal increase in safety. When was this issue known? What would have been the cost of a recall? What is the probability of dying in a car crash with a faulty ignition switch vs the probability otherwise?
    Mar 14 09:42 AM | 9 Likes Like |Link to Comment
  • Ukraine Crisis: A Decision That May Have Sealed The Fate Of The EU [View article]
    Imagine the most extreme anti-immigrant groups seized control in Washington. Imagine that the USA had just passed a law outlawing the use of Spanish, shutting down all Spanish language TV and radio. Trust me you would need to call in the national guard. And that's without having a powerful neighbor to send in troops to protect the Mexican minority.
    Mar 4 12:16 PM | 1 Like Like |Link to Comment
  • Royal Bank Of Canada: Dividend Hike Confirms Solid Earnings Momentum [View article]
    The typical Canadian mortgage is insured by the Canadian government. For those that aren't the banks usually require 20% down.
    Feb 28 10:22 AM | Likes Like |Link to Comment
  • Royal Bank Of Canada: Dividend Hike Confirms Solid Earnings Momentum [View article]
    A one year comparison seems like cherry picking to me. One would have to go back before the financial crisis for a true comparison.
    Feb 27 09:18 AM | 1 Like Like |Link to Comment
  • Microsoft's Perfect Storm [View article]
    Wow, you must be big time investor in MS or a fanboy. Could you be more condescending? I'm an IT professional. I know how to use Windows 8 and how to find out how to do things by searching google. I just don't like the layout or usability of Windows 8 as a desktop OS, and all the feedback I've gotten from end users has been extremely negative. I could also use Linux command line to do everything I need on a computer and google all the commands if I didn't know something, but I personally prefer to use a well designed and intuitive GUI.

    By the way, I'm seriously hoping Microsoft can fix it's problems and continue to be successful. Seeing as my career depends on my Microsoft Certifications, and the continued demand for those skills.
    Feb 21 03:27 PM | Likes Like |Link to Comment
  • Microsoft's Perfect Storm [View article]
    Yes, of course there is a way to do everything. The problem is that it's not intuitive for people who have used previous versions of the Windows OS.
    Feb 21 06:41 AM | Likes Like |Link to Comment
  • Microsoft's Perfect Storm [View article]
    It is my personal opinion as someone who works in IT. In my position people often ask me about their home computer problems. The most common question I get about windows 8 .. "Is there some way to make it work like windows 7?" Also I have used it quite a bit. I found it not intuitive at all. The removal of a proper start menu is just awful for desktop users. Of course a menu with 30 items in a list is an awful interface if you are trying to select things with your fingers on a touch screen. On the other hand if you are using a mouse and keyboard it's great. My own opinion on windows 8 is that it's a very solid and competitive mobile OS, and it's an absolutely awful PC OS.
    Feb 20 07:35 PM | Likes Like |Link to Comment
  • Microsoft's Perfect Storm [View article]
    Windows 8 as a common interface seems perfectly reasonable from that point of view. The problem is that a tablet/phone OS is poorly suited for desktop computers. That why most desktop computer users hate windows 8. What works nicely on a phone or tablet touchscreen is poorly optimized for someone using a full size keyboard and mouse. I hope MS soon realizes this and keeps there PC OS separate from their mobile OS.
    Feb 19 01:50 PM | Likes Like |Link to Comment
  • Microsoft's Perfect Storm [View article]
    This really has to be a joke. Nobody provides the backward compatibility that MS does. MS is just discontinuing support for XP now...13 years after XP was released. Where I work we have a 16 bit database program that's 20 years old, and we were able to get it working on Windows 7. Try installing IOS7 on your first gen Ipad. Try getting any 20 year old Mac software to run on a new MacBook.
    Feb 18 03:08 PM | 8 Likes Like |Link to Comment
  • Apple: This Is Ridiculous [View article]
    Wouldn't that being going long rather than short? It seems contrary to his theme.
    Feb 13 03:24 PM | 1 Like Like |Link to Comment