JeanDavid’s Activity

Yesterday

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 12:03 AM

Re: BNSF

Thank you for indicating that this is not a Nobel Prize! And a nice article it is.

I mentioned that only to prevent being insulted by not mentioning it.

I similarly laud your having noted the un-Nobelness of the [more]

Tue Jul 8

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 1:56 PM

Re: BNSF

I'm pretty sure the railroad's right-of-way does not include the right to spill burning petroleum on neighboring properties.

Ronald Coase, a "Nobel" economics prize winner, had a different idea about this. I disagree with [more]

NL

Boards Post

JeanDavid replied to the Help with this STUPID computer! board. 11:57 AM

Re: Choosing a Secure Password

It takes me a month or two to memorize one of these. Unfortunately, I have a huge bunch of these, and I cannot remember more than about two of them, so the rest are written down on paper somewhere, not on Postit notes on my [more]

NL

Boards Post

JeanDavid replied to the Help with this STUPID computer! board. 10:47 AM

Re: Choosing a Secure Password

Pretty much anything that can be remembered can be cracked.

I tend to use passwords like this one:
WAvZd1e9.8YE4fq8.
I took the words Bruce Schneier, encrypted them, and then took a subset of the resulting [more]

Sun Jul 6

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 5:26 PM

Re: OT-Carbon tax?

Cautionary tale from Australia.

Misconceptions helped kill Australian carbon tax


It does not matter. As long as the politicians save the short-term economy, they can expect to be re-elected. The fact that the earth may become [more]

Rule Your Retirement Boards Post

JeanDavid replied to the Rule Your Retirement boards. 12:12 AM

Sat Jul 5

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 10:29 AM

Re: Seth Klarman and "The Truman Show"

But they are the two benefactors from productivity growth.

I agree. And there are not always those two beneficiaries. It depends on the cause of the productivity growth.

One way for productivity to increase is if the [more]

Rule Your Retirement Boards Post

JeanDavid replied to the Rule Your Retirement boards. 10:00 AM

NL

Boards Post

JeanDavid replied to the Help with this STUPID computer! board. 9:42 AM

Re: Is this safe?

... that the program is no longer supported.

I would be concerned for three reasons. Is this program an honest program or one with a trojan horse in it? Is this an honest program with more than zero errors in it and you want some of [more]

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 9:36 AM

Re: Seth Klarman and "The Truman Show"

that gross contribution is split among shareholders, employees, and the tax man in a certain ratio.

I pretty much agree with mungo, but I would call it an uncertain ratio because shareholders, the employees, the tax man, [more]

Fri Jul 4

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 3:10 PM

Re: Seth Klarman and "The Truman Show"

I wondered what the opinion was of the March piece by Seth Klarman. He uses some strong language to describe how the Fed is creating a artificial environment for asset prices by keeping rates low.

What do you think?

[more]

Wed Jul 2

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 5:56 AM

Re: good question

An analogy of money supply:
You want to know the temperature of the house?
In usual times it's proportional the furnace activity, so you can look at the boiler's fuel consumption and get a pretty good idea.
Alas, somebody opened all
[more]

Tue Jul 1

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 8:58 PM

Re: good question

There isn't much more US money lately...the supply of money has risen at quite a low rate in recent years.
(the Fed's balance sheet is irrelevant for this measure...if you want to know
the current temperature in the house, check a
[more]

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 3:49 PM

Re: good question

I haven't yet looked at whether ShadowStats itself has an agenda (or rather, would distort data in support of their agenda) but the government doing so is quite believable. The power of incentives, as highlighted by Freakonomics.

I [more]

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 1:21 PM

Re: good question

But whether that exceeds my experienced inflation rate (now around 10% for what I buy or must pay) or not, I worry about a lot. I am not concerned much over the manifestly ridiculous official inflation rate any more than I believe the current [more]

NL

Boards Post

JeanDavid replied to the Mechanical Investing board. 11:01 AM

Re: using yldearnyr screen----limit drawdowns

I would like to limit drawdowns, so what could I use with it to do this?

Irrespective of the screen you use, it seems to me the way to limit drawdowns is to take less out of your portfolio each month, or each year.

Many [more]

NL

Boards Post

JeanDavid replied to the Berkshire Hathaway board. 8:29 AM

Re: good question

I am interested in how well the young people are doing. What is your CAGR? What do you expect in the next five years? Please state your age and year you bought BRK.

I doubt I am considered young (76).

I bought BRK in mid 1996 [more]

Sun Jun 29

NL

Boards Post

JeanDavid replied to the Mechanical Investing board. 6:33 PM

Re: Question on annuities.

If you invest $100,000 in 30 year treasury bonds, currently yielding 3.4%, and withdraw $500 a month ($6000 a year) from interest and principal, the income will last you 25 years.

Elan's calculation is, of course, correct. However, [more]

NL

Boards Post

JeanDavid replied to the Mechanical Investing board. 3:24 PM

Re: Recommended newsletters

Anyone still use UG, FF, Spark, RSIBD, RSCAP, Keystone, etc. etc.?

I used the UG and FF way back when. I no longer do.

At the time the data available for backtesting them was sparse, and often unavailable on-line at low cost. [more]

NL

Boards Post

JeanDavid replied to the Help with this STUPID computer! board. 6:38 AM

Re: OT: Real-Time Cyber-Attack-Map...

It did not work at all yesterday.

Today, it works, says if it is too slow, try Chrome.

I am running the Linux version of Firefox 24.6.0 on a machine with 8 GBytes of RAM and a 4-core Intel Xeon x86_64 processor.

When this [more]

Show More Activity ...

CAPS Stats & Trivia

CAPS Player Rating 78.98
Player Rank 15761 out of 74973
Score 562.52
Score Change Today -2.03
Accuracy 55.56%
Active Picks 10
Total Picks 20
Best Pick LB (+266.76)
Worst Pick EMC (-67.55)
Average Score per Pick 28.13
Charms Earned 4
Highest Rated Favorite No Favorites Selected
Go to JeanDavid’s CAPS page

Boards Stats & Trivia

Big gold star, 5000 posts Old School Fool
Board Posts 19807
Recs Received 15174
People who have rec'd these posts 2988
Recs to Posts Ratio (last 30 days) 3.50
Threads Started 700
Threads Started Percentage 3.53 %
Most Frequent Board Berkshire Hathaway
Very First Post Ventir Challange Enterprises (4/4/1997)
Percentage of Posts Rec'd 31.45 %
Show JeanDavid’s 10 Latest Posts