XXF

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XXF commented on an article. 3:31 PM

Banks Tell Customers: Pay Up or Get Out!

I've been banking with large regional or multinational banks since I took my first job at 15 and have never paid a penny in fees. The model described above is exactly the one my current bank (Chase) has in place and I don't (and

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XXF commented on an article. 12:54 PM

If You Only Know 5 Things About Investing, Make It These

I like this one, Morgan (and I know how much you crave my approval). Nice one.

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XXF commented on an article. 5:27 PM

25 Belt-Busting Obesity Facts

Not that there isn't an obesity problem, but if you've seen my posts you already know where this is going, the data that is used to create scary obesity numbers is intentionally poor to increase the "obesity epidemic." For

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XXF commented on an article. 2:32 PM

50 Billion Reasons to Support Ethanol

Um. What kind of Mickey Mouse nonsense is this? Starting an article by calling out "both sides" for misinformation does not negate your article taking a side and then spewing misinformation.

Deduct

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XXF commented on an article. 9:20 AM

Anatomy of the World's Most Insane Health Care Billing System

Dmmt Morgan, I explained to one of your cronies a couple of days ago that you are reading the source data incorrectly. Stop misleading people by quoting column J for hyperbolic effect and use column K, which you can still make an

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XXF commented on an article. 4:34 PM

This News Is Bound to Give Obamacare a Big Boost

@ altmd71

If you go to the source data an average reimbursement for procedure number is available, although in no greater detail. The article wasn't misleading because TMF failed to research, it was misleading

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XXF commented on an article. 1:16 PM

This News Is Bound to Give Obamacare a Big Boost

No one pays gross hospital charges. Not MCR, not MCD, not Private Insurers, not Private Pay individuals. Gross charges at a hospital are like a grocery that charge $1,000,000 for a bottle of Coke except to anyone who pays via cash,

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XXF commented on an article. 9:55 AM

How America Became a Country of Haves and Have-Nots

I agree with ztnjpv, who posted above, that the preceding data is really designed to mislead due to the exclusion of any information about who makes up each of those groups. In a study I've sited on here before, “Economic Mobility

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XXF commented on an article. 9:25 AM

48 Damning Pieces of Evidence From the JPMorgan Whale Trade Investigation

It is really easy. Let banks that fail go down. A study by Alexander David and Alfred Lehar (December 2011) shows that an interconnected banking system can exist without government bailouts based on logical choices by

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XXF commented on an article. 1:11 PM

Too Big to Fail? You Have No Idea

AUM are not commingled with bank funds. To do so is already illegal. If one of these institutions fail the AUM continue to sit in an account with the exact same holdings and the exact same owners that they had previously. This seems

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XXF commented on an article. 4:28 PM

Bankers: Still No Cure for Hypocrisy

Mega banks are broken down into manageable units internally. This argument to me is the exact same as saying that if Warren Buffet can't answer questions about Pampered Chef products developed by his company then Berkshire is poorly

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XXF commented on an article. 1:09 PM

Are the Tablet's Days Numbered?

Put. A. SD. Slot. In. A. Current. Gen. Quality. Tablet.

The theory that tablets should be connected to the internet 100% of the time to access media is one of the most frustrating things for me and because of it

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XXF commented on an article. 10:34 AM

How to Avoid Another Catastrophic Financial Crisis

So on one side of this argument we have bankers, with whatever ills they're accused of currently, and on the other side we have people like these schmucks who are intent on deceiving people into supporting them. The "debt"

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XXF commented on an article. 9:02 AM

8 of the Smartest Things Charlie Munger Has Ever Said

The problem with Bankers isn't that they are children or evil as the popular opinions go, it is that they operate in a no-lose, government-backed, half-cocked environment. We insure the banks to an unlimited amount and so they fall

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XXF commented on an article. 3:37 PM

Do Investors Need Twitter?

Low cost diversified funds, whether index ETFs or mutual funds, and investing for the long term make events like yesterday less troubling than that pesky house fly that I can't seem to get out of my office.

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XXF commented on an article. 9:11 AM

Apple Stock Is Officially Cheap -- Tim Cook Just Said So

@ TheFitz

Thanks for the reply. As I mentioned, lots of funds have exposure (in many cases overexposure) to AAPL so responsible distribution of that cash to shareholders is going to be a great thing for retail

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XXF commented on an article. 5:34 PM

Apple Stock Is Officially Cheap -- Tim Cook Just Said So

Now please tell us if you plan to shelve that stock or distribute it in management compensation. Share buybacks are a nice way to reward shareholders if those stocks stay off the market thus increasing ownership percentage of

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XXF commented on an article. 11:05 AM

Don't Blame Tim Cook for Apple's Fall

I would say that I agree for the most part that Apple's fundamentals support a higher valuation, but that doesn't necessarily mean that they should be trading at more lofty multiples.

The board is 100% (or more)

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XXF commented on an article. 5:34 PM

3 Factors Dramatically Affecting the Price of Oil

This place is turning into MSNBC or CNN Money.

There is nothing complicated about this - if oil companies are "greedy" which is the layman term for earning excess profits, then all anyone in the world

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XXF commented on an article. 2:39 PM

10 Amazing Facts for Earth Day

Schneidku40 is absolutely correct. Both sides of this argument can take different time frames and show what appears to be a significant trend - 100 years shows terrible warming, 1,000 years shows very little change or, infact, a

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