Maserati wrote:
I respect everyone on here with the possible exception of the robot Flagpole, but there is much difficulty with the above statement.
I STILL hesitate to re-enter the markets.
1) Methinks you are jealous.
2) You should not have put yourself in a position to have to decide when to "re-enter the markets". You should have been in the whole time.
Maserati wrote:
mellon, you are ignoring so much,
The quote you posted was from 'blind mellon' not 'mellon'. They are not the same person. 'Blind mellon' is one of Igy's pseudonyms.
Maserati wrote:
mellon, you are ignoring so much
Having been singled out from 5 years of posters, makes me feel quite good about what I have done over that 5 years.
May I please get up off of the couch now!
Ha! Sorry about that.
Lol the robotic response from Flagpole. Even with this year’s dent, I have beaten overall, very handily, over the past 20 years. And not beating a so-called diversified portfolio as you likely have, but beating the S&P.
All while assuming less risk, but doing more work to compensate.
You are still not honest with yourself, nor do you yet display any class or understanding whatsoever.
At the moment I wish nothing more than a huge market reset.
U. R. Stupid wrote:
Ghost of Igloi wrote:
Amazing that you point that out Jimmy. And to think he won the Noble Prize in economics for his CAPE 10 work just four short years ago. Jeez you are one sharp cookie.
There is no Noble Prize for economics. The Noble Prize is awarded in the field of civil engineering.
You are one sharp cookie.
https://en.m.wikipedia.org/wiki/Alfred_Noble_Prize
Hilarious. Another unintended guffaw courtesy of Igy.
Not the same wrote:
Maserati wrote:
mellon, you are ignoring so much,
The quote you posted was from 'blind mellon' not 'mellon'. They are not the same person. 'Blind mellon' is one of Igy's pseudonyms.
Thanks for clarifying that.
The real Mellon
https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2013/Gruntz wrote:
U. R. Stupid wrote:
There is no Noble Prize for economics. The Noble Prize is awarded in the field of civil engineering.
You are one sharp cookie.
https://en.m.wikipedia.org/wiki/Alfred_Noble_PrizeHilarious. Another unintended guffaw courtesy of Igy.
Another OH SNAP! From the troll formerly known as Detector Dude and his legion of clones.
mellon wrote:
Not the same wrote:
The quote you posted was from 'blind mellon' not 'mellon'. They are not the same person. 'Blind mellon' is one of Igy's pseudonyms.
Thanks for clarifying that.
The real Mellon
You will have to find another pin cushion from the other trolls on this site since it wasn’t me.
Maserati wrote:
Ha! Sorry about that.
Lol the robotic response from Flagpole. Even with this year’s dent, I have beaten overall, very handily, over the past 20 years. And not beating a so-called diversified portfolio as you likely have, but beating the S&P.
All while assuming less risk, but doing more work to compensate.
You are still not honest with yourself, nor do you yet display any class or understanding whatsoever.
At the moment I wish nothing more than a huge market reset.
Maserati,
I did not troll you. I consider you to be one of the few decent people on this site.
In response to your post, $14 Trillion in central bank liquidity has made index funds, risk parity strategies, algorithmic trading, leveraged stock buybacks, margin debt, short vix, crypto currencies, as well as most risk investments, one way bets. Like a ruler standing on end, the seeming market stability masks the underlying vulnerability of a lack of price discovery, and tens of $Trillions betting the same direction—up. It remains to be seen whether the experiment of central bank buying of bonds, ETFs and stocks truly makes this time different, or has created a payback to foolishness that will be historic, and written about for decades.
Igy
U. R. Stupid wrote:
Ghost of Igloi wrote:
Amazing that you point that out Jimmy. And to think he won the Noble Prize in economics for his CAPE 10 work just four short years ago. Jeez you are one sharp cookie.
There is no Noble Prize for economics. The Noble Prize is awarded in the field of civil engineering.
You are one sharp cookie.
https://en.m.wikipedia.org/wiki/Alfred_Noble_Prize
Look here see who is more than stupid, an ignoramus:
https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2013/OH SNAP your @$$!
Ghost of Igloi wrote:
mellon wrote:
Thanks for clarifying that.
The real Mellon
You will have to find another pin cushion from the other trolls on this site since it wasn’t me.
Why are you sending this to me , I just said thanks for clarifying that I didn't make that quote. Not that you're posting as Blind Mellon. Although, now you've got me wondering???
Add it to the rest of your laundry list, then hang it out to dry.
Ghost of Igloi wrote:
U. R. Stupid wrote:
There is no Noble Prize for economics. The Noble Prize is awarded in the field of civil engineering.
You are one sharp cookie.
https://en.m.wikipedia.org/wiki/Alfred_Noble_PrizeLook here see who is more than stupid, an ignoramus:
https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2013/OH SNAP your @$$!
You just doubled down on stupid. Congratulations.
So I've decided I'm going to put all my savings into Bitcoin and retire in style at the age of 40. I'm just going to hang out and have sex with hot chicks.
https://pbs.twimg.com/media/DPvpJI3VoAAuTzW.jpgRyan Foreman wrote:
So I've decided I'm going to put all my savings into Bitcoin and retire in style at the age of 40. I'm just going to hang out and have sex with hot chicks.
H/T @lhamtil
Lmao!
Igy yes I know. People used to not care which way the market went because there was money to be made in both directions...the problem is that requires actual work, insight, and some alacrity. Govs loathe such qualities, and the more individuals are fragmented, the more gov carries the day. They rig it one way, and over time exclude everyone else from the game.
I disagree with the ruler-on-end analogy. I think it will take something seismic to disturb the equilibrium.
Maserati wrote:
Lmao!
Igy yes I know. People used to not care which way the market went because there was money to be made in both directions...the problem is that requires actual work, insight, and some alacrity. Govs loathe such qualities, and the more individuals are fragmented, the more gov carries the day. They rig it one way, and over time exclude everyone else from the game.
I disagree with the ruler-on-end analogy. I think it will take something seismic to disturb the equilibrium.
Maserati,
I pray you are wrong since it would be a world I would loathe.
Igy
Ghost of Igloi wrote:
Maserati wrote:
Lmao!
Igy yes I know. People used to not care which way the market went because there was money to be made in both directions...the problem is that requires actual work, insight, and some alacrity. Govs loathe such qualities, and the more individuals are fragmented, the more gov carries the day. They rig it one way, and over time exclude everyone else from the game.
I disagree with the ruler-on-end analogy. I think it will take something seismic to disturb the equilibrium.
Maserati,
I pray you are wrong since it would be a world I would loathe.
Igy
Are you not the same guy who constantly bemoans the effect central banks have on the markets? Surely you realize the governments are stirring the pot.
Pfau wrote:
Ghost of Igloi wrote:
Maserati,
I pray you are wrong since it would be a world I would loathe.
Igy
Are you not the same guy who constantly bemoans the effect central banks have on the markets? Surely you realize the governments are stirring the pot.
Sure, but it is quite a bit different to think that it has create an equilibrium that is justified, lasting, or for the greater good. Some writers have linked the rise of populism to income inequality created by these same central bank policies. I interpret Maserati’s view requiring a revolution of sorts to derail the regime of rising debt and asset prices. My view is a rise in Vix to 20, or it’s historic average could do the trick.
Maserati wrote:
Lol the robotic response from Flagpole. Even with this year’s dent, I have beaten overall, very handily, over the past 20 years. And not beating a so-called diversified portfolio as you likely have, but beating the S&P.
All while assuming less risk, but doing more work to compensate.
You are still not honest with yourself, nor do you yet display any class or understanding whatsoever.
At the moment I wish nothing more than a huge market reset.
My overall comment - ha! and BS
I agree though with your last sentence though. Market corrections/resets are good long term. However, at this point for me personally I don't care much, and I don't need it to do that so I can get back in like you do. I had long said that if the Dow hit 22,000 I could remove it all and retire on just that, and that is true. Way back when the Dow was under 10,000, I thought that perhaps I would remove all my money from the market when the Dow hit 22,000, but I didn't, and I likely won't until I retire (which could be as soon as 4 years from now) or likely not at all.
