knighttof3’s Activity

Today

NL

Boards Post

knighttof3 replied to the Macro Economic Trends and Risks board. 42 minutes ago

Re: SuperBug in US

that would leave 7 million humans on the planet, about a million more than its natural carrying capacity.

This stat is beyond meaningless. I can't even.

NL

Boards Post

knighttof3 replied to the Macro Economic Trends and Risks board. 2 hours ago

Re: SuperBug in US

I have become resistant to "breaking news." Even if this story is truly alarming, there are so many apocalyptic-sounding-yet-ultimately-tame "breaking news" stories, it is hard to know which one is the boy crying wolf and which [more]

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knighttof3 replied to the Tax Strategies board. 3 hours ago

Re: What does this mean...?

The bolded part just says "the money we return to you as 'return of capital', up to your basis, does not cause any capital gains."
So yes, no taxes should be paid. But 15% would be withheld anyway unless 8288-B is [more]

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Boards Post

knighttof3 replied to the Macro Economic Trends and Risks board. 3:25 PM

Re: US Public pension crisis: market v. actuaria

Yoda,
I agree with most of your post (that I have not quoted here.) But regarding -

"We are back to the debate about what discount rate to assumption for long term investment returns. Rauh recommends and uses 100% long term US [more]

NL

Boards Post

knighttof3 replied to the Macro Economic Trends and Risks board. 3:17 PM

Re: US Public pension crisis: market v. actuaria

I don't think so. Your pension liability is the discounted present value of a life annuity for each of the employees in the pension plan.

The discount rate you use to calculate the present value is your estimated investment
[more]

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Boards Post

knighttof3 replied to the Berkshire Hathaway board. 2:16 PM

Re: Fool Me Once, Shame On You...

Jim or anyone else,
I don't understand TA. Is the Coppock signal good for "buy now and sell one month later" or "buy now and hold forever"? In other words, if we buy according to the Coppock signal, when do we sell? When [more]

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 1:38 PM

Re: Fool Me Once, Shame On You...

John,
kudos for the alert and for finding this thread.

NL

Boards Post

knighttof3 replied to the Deranged Monkey Criticism board. 1:31 PM

Re: Some ideas and my portfolio

I bought WDC when STX was falling (http://boards.fool.com/i-am-buying-wdc-falling-in-sympathy-w...) and after a rocky start, it's doing OK. [more]

Yesterday

NL

Boards Post

knighttof3 replied to the Macro Economic Trends and Risks board. 9:09 PM

Re: US Public pension crisis: market v. actuarial

Bottom line for my previous post: I think Rauh and Yoda are confusing asset return rates with liability discount rates. IIt is true that when one is low, the other should be low as well; and overall, low rates hurt pension funds by making them more [more]

NL

Boards Post

knighttof3 replied to the Macro Economic Trends and Risks board. 9:04 PM

Re: US Public pension crisis: market v. actuarial

I am a bit fuzzy on the concept, but isn't the pension discount rate = discount rate for your liabilities, while assets should be computed using the asset return rate?
It makes sense to have a small pension discount rate for liabilities, [more]

NL

Boards Post

knighttof3 posted to the Words, Words, Words board. 1:07 PM

For Sheila

Your username always reminds me, you are famous :-)

https://en.wikipedia.org/wiki/Sheila_Ki_Jawani
[more]

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Boards Post

knighttof3 replied to the Words, Words, Words board. 1:03 PM

Re: Pending approval...

What are the other choices? More context would help.

Without any other info, my sense is that choice (a) means you can make the donation without waiting for the GM's approval as long as you have asked him for the donation to be approved.

Tue May 24

NL

Boards Post

knighttof3 posted to the An Open Letter board. 2:12 PM

An open letter

to everyone but me,
am I the only Luddite who does not watch Game of Thrones?

Mon May 23

NL

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knighttof3 replied to the Humor and Urban Legends board. 4:04 PM

Re: Prayer...

What a bunch of snotty Christians.

Sun May 22

NL

Boards Post

knighttof3 replied to the Berkshire Hathaway board. 1:20 PM

Re: Moat

If you wanted to compound your money at 50% per year by buying public equity, as I assumed certain someone said he could, you would have no choice but to buy these companies. Unless you could identify companies that would go up by 50%/year in a [more]

Sat May 21

NL

Boards Post

knighttof3 posted to the Berkshire Hathaway board. 7:37 PM

Moat

According to Fidelity, the following 15 non-penny stocks have returned an annualized 50% or better in the last 5 years.
What moat do that have?
Why did T&T fail to recognize them 5 years ago? (Buffett gets a pass because these are mice, [more]

Fri May 20

NL

Boards Post

knighttof3 replied to the Value Hounds board. 10:36 PM

Re: GWR Car-loads April 2016: down :(

The details are here: https://www.irs.gov/publications/p535/ch09.html

Bottom line is, yes you can get faster depreciation because of oil/mineral/... extraction than you would just [more]

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knighttof3 replied to the Words, Words, Words board. 10:15 PM

Re: Staring at a word for too long...

Rocky Horror Picture Show?

NL

Boards Post

knighttof3 replied to the Words, Words, Words board. 12:58 PM

Re: Staring at a word for too long...

More often it's a spoken word, saying it over and over until the meaning suddenly departs, and it becomes an anonymous grouping of letters and sounds -- and it makes me laugh to realize that it holds meaning for English [more]

Thu May 19

NL

Boards Post

knighttof3 posted to the Value Hounds board. 7:01 PM

OT: lending club

What a disgusting display of "screw over the muppets" by John Mack and Morgan Stanley. No wonder actively managed mutual funds are getting more and more unpopular.
[more]

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