Just a reminder that valuations are only slightly higher than their 25-year averages.
Calling this a bubble in stock prices....just doesn't follow.
“It is dangerous and almost superstitious to take the bloated profit margins and corporate earnings of recent years at face value, and to value equities on that basis.”
100% of your posts using this handle, and other registered handles and post removals to my handle are directed harassment. I will address this directly to LRC. If it continues I will no longer post to this thread.
I was a 24 year Morgan Stanley financial advisor, retired October 2020. My partner and I managed over $150 million. I believe I have something substantive to add to this thread. For over eight years an individual has registered multiple handles for the express purpose to harass: Gruntz, Stanley Morgan, Johannes, Contrarian Indicator, and several others that don’t immediately come to mind. If you do a cursory search of these handles you will see they are used to exclusively harass my posts. If I respond in kind, he uses the LRC terms of services to remove my posts. Moments ago I asked for removal of several harassing posts. At 72 I am tired of the games, at times threatening posts, using family member names to harass, etc. Really pretty crazy stuff on closer examination.
I believe I have something to say on this thread that is both relevant, and important. Bottom line, if the harassment does not stop, I will not post to this thread.
You walked away before, yet you eventually came back. You are incapable of walking away. I’m calling your bluff. You’re not going anywhere. Prove me wrong. I dare you.
(Prediction: Igy will resume posting using one of his numerous other handles. “Hypocrite” seems appropriate.)
Igy, sorry that this has become so divisive. It's cliché, but life is short and if you decide that this has become predominantly unfulfilling, I for one would understand your decision to spend your time elsewhere. I'd miss your input and I'm confident that I'm not alone in that regard, but you've got to do what you think is best for you.
Take care and if you do go, you've left your mark and I'd be amiss to not acknowledge that,
Hey seattle et al., are you guys keeping warm? Was in the 90s yesterday and President's Day we were swimming with the Blind Salamanders at Barton Springs! Only going to be 50 tomorrow, but back to 80 by Sunday. Thinking of doing a long walk tomorrow in commemoration of 25 mile hike my brother, myself, and some friends did on GW Day in 1963. It was in single digits when we started and is still the record low for that date in NE NJ.
I'm posting a couple of videos, wondering if you seen these already. Hard to believe Bowie, Beck and Ronson are gone. We're getting f***ing old.
Of the three, Mick Ronson was the most in the style I like. His guitar playing for Bowie and Mott the Hoople have kept me enamored for like ever, And of the three, he was the first to go, and by a long shot.
What really gets me about the aging rocker is seeing videos of them performing in their later years. Chris Cornell, Iggy, Mark Lanegan, and others. You see them struggling to hit the notes and the phrasing. But then you go back and watch vids of them in their prime and it adds this element of sadness with the realization that their brief moment on the stage in their peak- how magnificent they were and how fleeting it is. Of course, they could never have known that when they were young and up there on the stage, but something about the defiant rocker and their dominance, only to weather the draining effects of aging, inevitably, and undeniably. I don't know. It just adds a whole other level to the performance and their incredible attainment, however briefly.
Oh, well.
Yeah, it's cold up here, but it's really not so bad. I've managed to get a run in on almost every day. It's starts warming up this weekend,
I remember Barton Springs from a couple of trips. Hey, talk about a music scene!
Igy I hope you stay, but less social media is not a bad thing.
look I’ve attracted some fire on these boards too. I wish you would adapt the only true way to beat internet bullies: ignore them. Honestly I have no idea why you respond at all to them. They only do it to bug you, so if you ignore them they will eventually quit and go bother someone else. Stay and talk to us. Just have your eyes pass over the troll. Just by posting this you’ve made his day.
well that was a bad piece of data. the inflation nowcast has changed a lot as a result...the slow improvement we've been seeing has reversed and now suggests inflation is getting worse, not better.
I sold a largechunk of stock...hard to see people sticking their necks out and buying after that report.
Of the three, Mick Ronson was the most in the style I like. His guitar playing for Bowie and Mott the Hoople have kept me enamored for like ever, And of the three, he was the first to go, and by a long shot.
What really gets me about the aging rocker is seeing videos of them performing in their later years. Chris Cornell, Iggy, Mark Lanegan, and others. You see them struggling to hit the notes and the phrasing. But then you go back and watch vids of them in their prime and it adds this element of sadness with the realization that their brief moment on the stage in their peak- how magnificent they were and how fleeting it is. Of course, they could never have known that when they were young and up there on the stage, but something about the defiant rocker and their dominance, only to weather the draining effects of aging, inevitably, and undeniably. I don't know. It just adds a whole other level to the performance and their incredible attainment, however briefly.
Oh, well.
Yeah, it's cold up here, but it's really not so bad. I've managed to get a run in on almost every day. It's starts warming up this weekend,
I remember Barton Springs from a couple of trips. Hey, talk about a music scene!
Enjoy.
I read somewhere that once rock stars taught us how to be young....now they are teaching us how to age. Some gracefully, some not, but lessons there.
I love that Keith Richards has accepted his aging and created basically an entire new persona that is equally as interesting as his 1970s persona. If we can all be true to ourselves and stay interested/interesting and in the game at 80...that would be a huge win.
Old rock stars. Who would have thought that. When rock ran the world they were kings...the very term 'rock star' was coined for them. Means something else now, but it was a throne back in the day.
1) I have never claimed to be as logical as Spock. I have claimed to be as annoyed by people or things as Spock would be. Water off a duck's back always no matter what is said about me. I could not care less.
2) I have never claimed Mensa membership. Top 2% isn't all that impressive, but I would never want to be part of any group like Mensa. I'm more interested in actual topics or events (parkour, HUGE biceps competitions, bowling, Habitat for Humanity) than I am in general intelligence. General intelligence only gets you so far. Are those people interesting? Are they kind? Not necessarily just by being part of that group.
3) There is no logic needed to label "Igy". You are a permabear. Your actions and statements define you. I did not.
4) I will submit to you that your permabear attitude is by far the MAJOR thing that defines your look at the stock market today, BUT, even with that given, there is still a little part of you that is clouded by the fact that Biden is the president. You are biased against any economic good things that could happen during a Presidency with a Democrat in the White House. Honestly it's probably too small of a thing to have even mentioned because your permabear status is so strong.
I was a 24 year Morgan Stanley financial advisor, retired October 2020. My partner and I managed over $150 million. I believe I have something substantive to add to this thread. For over eight years an individual has registered multiple handles for the express purpose to harass: Gruntz, Stanley Morgan, Johannes, Contrarian Indicator, and several others that don’t immediately come to mind. If you do a cursory search of these handles you will see they are used to exclusively harass my posts. If I respond in kind, he uses the LRC terms of services to remove my posts. Moments ago I asked for removal of several harassing posts. At 72 I am tired of the games, at times threatening posts, using family member names to harass, etc. Really pretty crazy stuff on closer examination.
I believe I have something to say on this thread that is both relevant, and important. Bottom line, if the harassment does not stop, I will not post to this thread.
Reid Harter, Ghost of Igloi
Hmm...I don't read here that much and had no idea that a user was harassing you in this way. I was about to tell you to buck up, but then I read the part about the poster using family member names to harass you, and that's uncool big time and probably should be actionable (perhaps it is; I don't know). Anyway, as much as I disagree with you politically and financially, I certainly wouldn't wish that kind of harassment on you or anyone.