stahleyp

Buying TLT July calls? He's saying to short TLT (hypothetically). What am I missing?

haha yes, hypothetically. After all, you might be wrong. ? And by the way, thanks for the hypothetical thoughts.

Bill, I know you invest on an individual company level, but, hypothetically (of course) if you were investing from a macro perspective, how would you position things?

the two areas that excited him the most were energy and gold...in 2016. ?

But more often right. ?

Bill, So are you saying you still think there will be a rough patch from here until year end?

Look at this guy. Yields are lower (as predicted). Gold hit a recent low at the end of March and has rallied (pretty much as predicted). Stocks are also higher (as predicted).

That's a fair point. I would still say though that I think (though could be wrong) that there is a decently large amount of people that if they got $600 per week to not work or $1,200 a week to work, they would chose the $600. This also will destroy the value of money in a certain way since people inherently value things far less if it's given to them than if it's earned. I think it's a recipe for disaster - both for the individual and long term for the nation.

I think this is probably correct. Besides, how much is a $900,000 (or $350,000 depending on spread) investment for Eric really? I think we're talking about less than 10% (probably something closer to 5%) of his net worth. If that's the case, this is probably his least "big balls" trade he's done.

Not everyone could claim unemployment insurance and we still have trouble filling jobs. Unless UBI is very small, I would wager that the current unemployed would stay off work...and the people who didn't get unemployment originally may also say "screw it" if given the chance.

No. Don't even think about it. It is incredibly nerdy, but that's good. ?

Isn't it beyond insane (and frankly sad) that a known sex offender (with children!) was friends with 2 former Presidents, a British royal and a former richest person in the world? It really makes one wonder how much rot there is in the system. And the fact that the media actively covers it up...I mean, I don't know what to say.

Again, I'm old school I guess but if Melinda was abusive or was unfaithful or whatever, that still doesn't give him a good reason to cheat on her. He should end the marriage if he wanted out - that is the more honorable thing to do. But given Gates history with other women, I highly doubt Melinda is the one at fault here. Let's take a step back here. I'm making, what I feel is almost an universal opinion, is that cheating on your spouse is wrong. I'm also making the assumption is that if one is morally loose with their spouse (literally, the person they loved most in the world at one time or at least kind of liked) they have a higher social obligation to that person than they do with someone on a lower level. If Gates can easily (and on multiple occasions no less) violate the trust with his wife, why make the (large) assumption that he would have a high level of character with someone who he is less close to or that he has a lower obligation to? Besides, wasn't Gates unethical while running MSFT? I've done plenty of things in life that I'm not proud but cheating on one's wife is pretty high up there (to me at least) on the character staining side. I would also argue "being tight with a known child abuser" pretty high up there, too.

Oh I agree, it doesn't subtract what they've accomplished but it is a stain on one's character. Gates could literally eat puppies, torture old ladies and worship Hitler and it wouldn't subtract from what he's accomplished (ie what he does in his personal life doesn't affect his career accomplishments). But, I would argue, that those do speak volumes (or at least a small level!) about a person's character.

I'm under the impression that character doesn't stop when someone leaves the workplace. But perhaps I'm just too old school.