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Number of Posts:335
Registered on:4/28/2021
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“Hugely relevant to today.” Ok, ok Ken, we get it, you hate Trump.
A few colleagues/friends operate foreclosure mill law firms. They’ve been slow ever since Covid, slowly….very slowly returning to normal. This return to normal isn’t alarming.
Historical shows usually say more about the time they’re made than the time they’re set in—and this one’s no different.

Flaws aside, I’ve really enjoyed it.
If a young person is willing to work hard and stay focused, the opportunities today are incredible. Chipotle has a clear path to $100K in just a few years for those who put in the effort. The military offers stability, training, and purpose. Airlines are investing heavily in pilot programs because demand is so high. My nephew’s company is developing data centers and can’t find enough skilled workers to fill great-paying roles. I could go on and on.

Yes, there are challenges in certain areas — but much of what people call a “lack of opportunity” really comes down to mindset. The rewards are still there for those willing to put in the time, learn a trade, and make the long-term sacrifices that build real success.
Some of it is cultural, some is pure economics. Not sure how much to attribute to each.
Nobody’s saying layoffs are good — just that the “150k jobs lost” claim was inaccurate. Announced cuts don’t equal a collapse in employment or spending.

Consumer spending and payroll data are still running positive year-over-year: retail sales are up around 2–3%, wages up 4%+, and total payroll employment remains near record highs with unemployment under 4.5%. Job openings still exceed job seekers, and household balance sheets, while softening, haven’t cracked.

Layoffs make headlines, but the broader data still show a cooling economy — not a crashing one.
That 150k number isn’t jobs lost — it’s planned layoffs. Net employment fell by maybe 9k. Always check what the stat actually measures before declaring a collapse.
People keep saying AI is a bubble that’s bound to collapse, while at the same time warning that robots are about to take all our jobs. I don’t see how both can be true. If AI is overhyped and headed for a crash, it can’t also be powerful enough to replace everyone. It feels less like rational analysis and more like people just being negative for its own sake.
I kind of agree. Lot of reasons for growth and as the year goes the year over year inflation comps will get better.

re: Men’s pants rec’s

Posted by Boomer Rick on 11/7/25 at 8:22 am to
Mott and Bow out of Texas. I love their straight fit jeans. Comfy and look great, not cheap.

Vuori great for casual, Ten Thousand great for workouts.
I watched the entire video. Gerstner is a shrewd investor and I’m a big fan of his.

While Altman may be building the next mag 7 company he is difficult to like. I don’t think that response was a red flag, Altman is just a prick.
Financials and industrials are doing very well (not so much today, but the earnings for both sectors have been very good).
It seems like the “what does Warren know” tweet has been repeated for many years.

Let’s stop acting like it’s insightful.

re: This market

Posted by Boomer Rick on 10/29/25 at 8:42 pm to
Dan Nathan sucks. Investing consistent with his commentary will cost you.
I don’t think Buffett is really making many decisions like that now. No proof, just my suspicion.
Good, we need the inventory. We artificially suppressed foreclosures for years and it should firmly snap back.

I hate to see people lose their homes and businesses but loss is part of a healthy cycle. Halting loss causes as many problems as it solves.
Snoop is a character now, he plays a part for the corporations that own him.