beaverfever
| Favorite team: | Arkansas  |
| Location: | Little Rock |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 33908 |
| Registered on: | 1/7/2008 |
| Online Status: | Not Online |
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re: Renounce your US citizenship for $5 million ?
Posted by beaverfever on 3/16/25 at 1:02 am
Too many badasses have done crazy heroic shite for me to be a selfish bitch and bail.
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re: Saturday SEC Baseball
Posted by beaverfever on 3/15/25 at 7:40 pm
What a train wreck of an inning for OM.
re: "What we learn from history is that people don't learn from history." - Warren Buffett
Posted by beaverfever on 3/13/25 at 11:32 pm
Gold has taken 5 out of the last 6 years from the S&P and the recent trends are concerning IMO. I’d also argue that when you adjust for risk, it’s probably the better investment at this point in time. Don’t get me wrong, I’d own my fair share of equities but there is a tangible move towards hard assets that is underway.
The never ending waves of global liquidity have bastardized equities IMO. I know it’s a fringe take but that’s my gut.
Last thing, the GFC and Covid were both transformational events within the context of this discussion. I’m not sure you can compare 2025 to 1996.
The never ending waves of global liquidity have bastardized equities IMO. I know it’s a fringe take but that’s my gut.
Last thing, the GFC and Covid were both transformational events within the context of this discussion. I’m not sure you can compare 2025 to 1996.
re: Drug/ Overdose Crisis- Who is to blame?
Posted by beaverfever on 3/13/25 at 11:22 pm
quote:Addictions of all kinds are on the rise. Most people under 30 are complete financial nihilist who conflate sports gambling and meme coins for investing. Why? Because there is no incentive to save as government issued currency is one big IOU.
How does what you're saying have something to do with drug abuse causes?
It’s hard to grasp in more rural areas in the South but the coastal states are in free fall. Buying a house is a pipe dream even with a decent wage. They’re considerably worse off than their parents were and they don’t have faith in the future. Birth rates decline and morality crashes. Depression develops and you have a society that doesn’t care whether they live or die. They turn to drugs to pass the time.
re: Drug/ Overdose Crisis- Who is to blame?
Posted by beaverfever on 3/13/25 at 11:14 pm
quote:I’m sorry to hear that. I have experience with it as well. It cost me multiple friends and several years of my life. Opiates are a completely different breed of drug in terms of how dangerous they are.
Well... eff them... lost a parent at 14 to that MS Contin shite. To be fair, he was misusing it at the end... but when first prescribed was actually legit and necessary. I was young so I'll never know/understand how it went from needed to abused to deadly.. but Lord that was a hard time in life.
re: Drug/ Overdose Crisis- Who is to blame?
Posted by beaverfever on 3/13/25 at 11:10 pm
I think he’s generally referring to broken money and greed. That’s the actual answer IMO. Fiat currency as a substitute for hard money is immoral and poisons society.
re: Drug/ Overdose Crisis- Who is to blame?
Posted by beaverfever on 3/13/25 at 11:02 pm
Yes
re: Drug/ Overdose Crisis- Who is to blame?
Posted by beaverfever on 3/13/25 at 10:58 pm
General societal decay/depression
re: A reality check on this stock market decline
Posted by beaverfever on 3/13/25 at 10:54 pm
The world is changing quickly. A lot of our allies seem determined to follow the same old shitty playbook into the ground.
re: "What we learn from history is that people don't learn from history." - Warren Buffett
Posted by beaverfever on 3/13/25 at 9:20 pm
Yeah that’s what it’s called.
re: "What we learn from history is that people don't learn from history." - Warren Buffett
Posted by beaverfever on 3/13/25 at 9:15 pm
I’m not a Costco member unfortunately, but that’s what I hear.
re: "What we learn from history is that people don't learn from history." - Warren Buffett
Posted by beaverfever on 3/13/25 at 8:48 pm
Beating the S&P was cool when I was 12. There is a rock that people buy at Costco that has been beating the shite out of the S&P. Come to think of it, if your entire portfolio was 50% Costco and 50% of the rock you can buy on your way to the checkout at Costco, you’d be killing Buffet, the S&P and 99% of the people that post here.
re: "What we learn from history is that people don't learn from history." - Warren Buffett
Posted by beaverfever on 3/13/25 at 8:45 pm
I saw it coming before you did and made a ton of money on the trade. It was even more obvious than you realized.
re: XRP- friends keeps saying this is one to watch
Posted by beaverfever on 3/13/25 at 8:38 pm
If ripple goes public I might look at it if they illustrate a marketable use case. Until then, I’m not paying a private company for the crypto they print.
re: Is this the 4D chess game that Trump is playing to lower prices of all goods?
Posted by beaverfever on 3/12/25 at 9:57 pm
quote:I agree. I just wonder why this doesn’t interest more people. The US’s credit is being downgraded by the market in real time it seems.
There isn’t enough demand for long term treasuries for Trump to extend the maturity out too far.
re: Why do Jews and Muslims not charge other interest but Christians do?
Posted by beaverfever on 3/12/25 at 8:50 pm
I thought that’s exactly what Jews were known for? No problem with Jewish people but I always thought that was the stereotype.
re: What's a series people were or still are obsessed with that you have no interest in?
Posted by beaverfever on 3/11/25 at 11:20 pm
quote:Is this well liked on this board? It’s a soap opera.
Yellowstone
re: S&P down 10% in 3 weeks
Posted by beaverfever on 3/11/25 at 11:01 pm
quote:100% true as well. I’m not particularly anti-Trump but he’s not even vaguely conservative. IMO he’s essentially his own political party. The GOP has more talent to pivot to in the post-Trump era though. The Dems don’t have anything to sell any more. They were always the savvier political operatives and that’s just not the case anymore.
So is Reagan’s GOP.
re: S&P down 10% in 3 weeks
Posted by beaverfever on 3/11/25 at 9:23 pm
quote:This is what I was getting at. If you meet a guy who is even vaguely conventional in 2025, you can about bet the farm that they’re not going to tell you about their evening watching Rachel Maddow. .
I can't imagine openly supporting the left now though as a straight male
re: S&P down 10% in 3 weeks
Posted by beaverfever on 3/11/25 at 9:17 pm
My only complaint is the back and forth on the tariffs. I wish he’d just commit one way or the other. Elon campaigned with Trump. His participation was fully conveyed prior to Election Day. I think DC is a cesspool and I’m glad that he’s carving it up. The administrative state is the unelected class that I have disdain for.
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