It would be 'uncharitable' to accuse those resenting the social 'safety net' as being uncharitable. I won't go there.
To paraphrase Elizabeth Warren, so many self-made individuals did so on the backs of publicly funded education, a transportation grid of publicly funded roads and bridges, and so on.
If Arab Spring re-taught us anything, it is that failure to provide for those least well-off among us, particularly with respect to food availability and prices, produces social unrest that can displace even the top of the one percent.
Why we must spend billions to elect (or displace) leaders who seem more intent on improving their own lot than those of the greater nation is the bigger mystery. Tearing down opposition seems to hold more weight than building up the country.
Coming to terms with love of tangible knowledge (or pleasure) and the new age content presents a challenge.
Going to a used book store gives you both, but the E-readers give you instant access to content and more portability.
Yes, I have a (sadly very old) Webster's dictionary with a hand-written note on the inside cover from my high school basketball coach. An e-reader can't give me that. But I can repackage/reorganize the information from a legion of coaches through the e-reader and dispense it to my middle school girl players. If only they could absorb a fraction of it!
Correlation? A series of international ETF, domestic, currency, and commodity charts with short-term RSI and stochastics overview. Risk on or high risk?
At least in Massachusetts, virtually any "incentives" (free lunch, pens with logos on them, etc.) are gone.
There was a time where direct marketing to physician was pretty over the top (trips to Florida for Cardiologists for seminars about thrombolytics an example).
Also, generic prescribing is largely mandated via copays, so as to make very few patients insist on brand drugs (that cost them a high copay).
No doubt that there has been a quite incestuous relationship between drug companies and docs, but it's pretty limited at least here.
And frankly, you can't buy much loyalty with two slices of pizza or a pen...at least where I come from :)
I have a very intelligent patient with a variety of health problems. He is a former educator, and exceptionally well-informed about alternative medicine.
He largely eschews conventional rx, including treatment for heart disease and cancer (he is in his 80s)...
He has taken antibiotics for infection, for example.
But for his heart disease and cancer, he has used (for many years) herbal therapies...which he says in total cost him about 25 dollars a month.
The alternatives would cost his probably 30 times as much per month.
I have another physician friend with a relative with severe mental health problems (lifelong). She changed her diet (because he did) to a high protein, low-carb regimen and was dramatically improved in a MONTH.
I fully realize this is ALL anecdotal stuff, but I don't turn a blind eye to the possibility that some of MY health beliefs (as a trained Internist, pulmonary-critical care MD) could be wrong or incomplete.
I've brought NOTHING to the table lately. Okay, I made a few bucks in the market this week, like anyone long.
My son presents his 2012 arguments in the link. I hope it gives another rational data set. He's understating his credit market derivatives experience, as he helped his firm make several hundred million dollars in the blowup.
Agree or disagree, you can reply to him on Twitter, and he has a pretty good track record on social mood, and a network in the industry. I've still got nothing to bring now, unless you love basketball. http://melrosegirlsbasketball.com/blog/
My son talks about the latest "strategy" some are talking about because of sideways markets...leveraging up (partially covered) call selling in "safe" stocks.
So you say, McDonald's is a safe stock, with a 2 percent yield, so I'll own some MCD and sell 'X' calls for every share I own.
Risk control? That's for somebody else, I guess. Give the children enough matches?
Lately, in conjunction with the Cara system and some 'discovery investing' via Michael Berry, I've been kicking the tires on capitalization rates re: equity investing.
Net income/(market cap + debt - cash) or Net income/enterprise value
Obviously, net income can change for a variety of reasons but for some stocks/companies it does seem to provide an 'apples to apples' valuation approach.
Maybe I'm not thinking clearly. GOK it won't be the last time.
Tax increases (small number, e.g. 5% on a very large number), dwarfs the return by asset appreciation (big percent on big number).
E.g. Imagine income of 5 million with 5% increased tax =250K
Imagine assets of 5x (prolly way more), e.g. 25 million with 10% gain = 2.5 million. Seems like the 'super-rich' in return for narrowing the budget deficit would get a windfall. Obviously, no guarantee on the 10%, but it just seems more likely to me.
Had a patient recently, former fund manager. He spoke with people running some of his money about why they aren't invested (more) into solid balance sheet, good dividend yielding companies. The answer he got was that they wanted more exposure/diversification to growth.
The beauty of Bill's system I think is the discipline of getting into investments at a lower risk (oversold) entry instead of buying high and hoping to sell higher.
Not saying that the alternative can't work, but tough in this market.
A physician told me a story from his country, about a poor young man who walked hundreds of miles to see a guru. The wise man told him, "I see that you are poor and despondent. It will not always be that way, only for another 14 years. After that, you will be used to it."
FWIW my son is pretty good at 'the game'. He writes for Minyanville (vide infra) and has been pretty much spot on regarding the social media revolution and the role of socionomics in investing.
He bought gold at 600 and silver at 9, and is up around 16 percent this year in his private trading.
His comment today was that this is not a good market to trade, but for those with a long horizon should present great opportunity.
It would be 'uncharitable' to accuse those resenting the social 'safety net' as being uncharitable. I won't go there.
To paraphrase Elizabeth Warren, so many self-made individuals did so on the backs of publicly funded education, a transportation grid of publicly funded roads and bridges, and so on.
If Arab Spring re-taught us anything, it is that failure to provide for those least well-off among us, particularly with respect to food availability and prices, produces social unrest that can displace even the top of the one percent.
Why we must spend billions to elect (or displace) leaders who seem more intent on improving their own lot than those of the greater nation is the bigger mystery. Tearing down opposition seems to hold more weight than building up the country.
Maybe I'm old fashioned, but the development of law and law enforcement paralleled property rights.
Contemporary 'justice' re: MF Global seems separate in its entirety, as a former I-banker and Senator walks free after 'vaporized' money.
This fails the sniff test to high heaven, and it could happen to any of us with any brokerage.
I'm writing my representatives and requesting action. Forensic accounting can find who stole the money and where it resides.
N.b. not an MF Global customer
Coming to terms with love of tangible knowledge (or pleasure) and the new age content presents a challenge.
Going to a used book store gives you both, but the E-readers give you instant access to content and more portability.
Yes, I have a (sadly very old) Webster's dictionary with a hand-written note on the inside cover from my high school basketball coach. An e-reader can't give me that. But I can repackage/reorganize the information from a legion of coaches through the e-reader and dispense it to my middle school girl players. If only they could absorb a fraction of it!
Off to Foxboro today...
For the most part, I use OpenOffice now. I wonder whether Google Docs will become the standard in the long run.
http://www.openoffice.org/
Correlation? A series of international ETF, domestic, currency, and commodity charts with short-term RSI and stochastics overview. Risk on or high risk?
http://tinyurl.com/6lk82m5
Surely, you jest...not.
At least in Massachusetts, virtually any "incentives" (free lunch, pens with logos on them, etc.) are gone.
There was a time where direct marketing to physician was pretty over the top (trips to Florida for Cardiologists for seminars about thrombolytics an example).
Also, generic prescribing is largely mandated via copays, so as to make very few patients insist on brand drugs (that cost them a high copay).
No doubt that there has been a quite incestuous relationship between drug companies and docs, but it's pretty limited at least here.
And frankly, you can't buy much loyalty with two slices of pizza or a pen...at least where I come from :)
I have a very intelligent patient with a variety of health problems. He is a former educator, and exceptionally well-informed about alternative medicine.
He largely eschews conventional rx, including treatment for heart disease and cancer (he is in his 80s)...
He has taken antibiotics for infection, for example.
But for his heart disease and cancer, he has used (for many years) herbal therapies...which he says in total cost him about 25 dollars a month.
The alternatives would cost his probably 30 times as much per month.
I have another physician friend with a relative with severe mental health problems (lifelong). She changed her diet (because he did) to a high protein, low-carb regimen and was dramatically improved in a MONTH.
I fully realize this is ALL anecdotal stuff, but I don't turn a blind eye to the possibility that some of MY health beliefs (as a trained Internist, pulmonary-critical care MD) could be wrong or incomplete.
I've brought NOTHING to the table lately. Okay, I made a few bucks in the market this week, like anyone long.
My son presents his 2012 arguments in the link. I hope it gives another rational data set. He's understating his credit market derivatives experience, as he helped his firm make several hundred million dollars in the blowup.
http://tinyurl.com/7fchjuw
Agree or disagree, you can reply to him on Twitter, and he has a pretty good track record on social mood, and a network in the industry. I've still got nothing to bring now, unless you love basketball. http://melrosegirlsbasketball.com/blog/
Vad - have you picked one up yet? Still working the learning curve...but looks great.
blurred vision sounds worrisome to me...i'm not wild about the differential diagnosis...take care of yourself!
My son talks about the latest "strategy" some are talking about because of sideways markets...leveraging up (partially covered) call selling in "safe" stocks.
So you say, McDonald's is a safe stock, with a 2 percent yield, so I'll own some MCD and sell 'X' calls for every share I own.
Risk control? That's for somebody else, I guess. Give the children enough matches?
I'm kind of partial to AUD:JPY as a risk on metric...
Lately, in conjunction with the Cara system and some 'discovery investing' via Michael Berry, I've been kicking the tires on capitalization rates re: equity investing.
Net income/(market cap + debt - cash) or Net income/enterprise value
Obviously, net income can change for a variety of reasons but for some stocks/companies it does seem to provide an 'apples to apples' valuation approach.
Any thoughts?
Maybe I'm not thinking clearly. GOK it won't be the last time.
Tax increases (small number, e.g. 5% on a very large number), dwarfs the return by asset appreciation (big percent on big number).
E.g. Imagine income of 5 million with 5% increased tax =250K
Imagine assets of 5x (prolly way more), e.g. 25 million with 10% gain = 2.5 million. Seems like the 'super-rich' in return for narrowing the budget deficit would get a windfall. Obviously, no guarantee on the 10%, but it just seems more likely to me.
Had a patient recently, former fund manager. He spoke with people running some of his money about why they aren't invested (more) into solid balance sheet, good dividend yielding companies. The answer he got was that they wanted more exposure/diversification to growth.
The beauty of Bill's system I think is the discipline of getting into investments at a lower risk (oversold) entry instead of buying high and hoping to sell higher.
Not saying that the alternative can't work, but tough in this market.
Who's the guy who said "I'd rather lose half my clients than half my clients' money?" There's no statue for him on Wall Street...for sure.
A physician told me a story from his country, about a poor young man who walked hundreds of miles to see a guru. The wise man told him, "I see that you are poor and despondent. It will not always be that way, only for another 14 years. After that, you will be used to it."
FWIW my son is pretty good at 'the game'. He writes for Minyanville (vide infra) and has been pretty much spot on regarding the social media revolution and the role of socionomics in investing.
He bought gold at 600 and silver at 9, and is up around 16 percent this year in his private trading.
His comment today was that this is not a good market to trade, but for those with a long horizon should present great opportunity.
www.minyanville.com/businessmarkets/articles/stock...
Maybe the prices for vanadium, manganese, gold, and silver aren't so great today. We'll see how it turns out.
http://www.upperman.com/mprof/p177.gif
The hedgers don't seem to have such a negative view of the Euro...longer than any time in years. Just saying. No direct position.
Not saying that buying ten-year bonds at 1.94% won't work short-term, but with a long-term time preference, I think that's nuts.