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hornmpa96

Certifiably Surly
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Everything posted by hornmpa96

  1. From my perspective, I’m not going to try and create a diverse stock portfolio in my own. For money that I want invested in equities, I use either VOO (Vanguard’s S&P 500 ETF) or VTI (Vanguards US total stock market ETF). These provide broad diversification at a .03% expense ratio.
  2. Generally speaking a SWF only makes sense for a country with a surplus. For the US, a SWF either results in more government borrowing or alternatively cuts to other government programs to fund the SWF.
  3. We already have a good example of the impacts of tariffs from the first Trump administration with washing machines. He imposed a 20 to 50% tariff on residential washing machines in his first term. The tariffs expired in 2023. Immediately after imposing the tariffs, the price of US made washing machines increased greater than the overall rate of inflation. Samsung and LG ultimately ended up putting a couple of plants in the US creating approximately 2,000 jobs. When the tariffs expired in 2023, the price of washing machines decreased. One study estimated that each new job created by the tariffs cost American consumers $815,000.
  4. She’s starting to look like RFK.
  5. This eliminates the first 2 choices. Fairly certain the Mormons check your 1040 to verify your tithe was at least 10%.
  6. I’m not sure he gets confirmed. They can only lose 3 Rs assuming that all of the D senators vote no. He’s a pro-choice legacy Democrat. I’m most likely going to be disappointed when the 20 R Senators who know RFK has no business in this role flip coins to see who gets to cast the 3 no votes allowing the couch fucker to break the tie.
  7. Totally agree with this - Grilling backstrap is my goto and I never let it get above 130 degrees. Medium rare blackstrap with a baked potato always hits the spot.
  8. Sorry for your loss - RIP
  9. To add to the 2 posts above, corporate dividends are effectively subject to double-tax. To get dividend treatment at the individual level, the payor needs to be a corporation which is subject to tax itself. There are games to be played with respect to tax-free returns of basis but the business-owner described above utilizes an entity taxed as a new partnership to avoid this double-tax (generally).
  10. I just sold NVDA puts with $100 strike. Also sold AVGO puts with a $170 strike.
  11. At yesterday’s valuations, lots of folks were looking for any reason to sell some of these names at a profit. After a few days, the froth will start to come back because FOMO. Also, are people really going to park money in bonds?
  12. Can these 2 teams play every week?
  13. Shocked that they completed the comeback. Amazing finish.
  14. Ken is always looking in 2 different directions.
  15. Become an officer in a Fortune 500 company that is ultimately purchased and you can have that W2. Then hope your company grosses up for the damn golden parachute tax so you don’t lose half of it to the government.
  16. Jeff Yass’s check cleared.
  17. Bregman and Boras overplayed their hand. He’s a really good player who has just started his decline curve and probably was valued higher by the Astros who had direct knowledge of his intangibles.
  18. Hold on - This is an actual biopic but they replaced the main character with a chimp. I saw the preview before seeing Nosferatu and had no idea this was about an actual person. How did this ever get the green light?
  19. That’s exactly it. I learned working in Austin in the late 90s that most VC and founders didn’t want to actually build something long-term. They wanted to build something significant enough to attract the attention of a larger player and get bought. It’s essentially a lottery for the rich. Lina Khan’s actions at the FTC have scared those guys significantly. Also Andreesen seemed mostly upset that the plebeians weren’t saying thank you enough for providing some crumbs from your table.
  20. I used to get Trudy’s Enchiladas Caliente which had a New Mexico style green chile sauce which was pretty good. That hasn’t been on the menu for 2 decades.
  21. That was a shitty play call on 2nd down but I remember the McWilliams/Mackovic/Strong/Herman eras. Sarkisian needs to find his Vince or Colt. Hopefully that’s Arch.
  22. I think she exits the first time she sees something which could result in jail time for her. She’s not Michael Cohen who’s will willingly break the law. She’s absolutely bought into all of the horrible but still legal things coming from TFG.
  23. That makes sense. My ranch has a 1:1 buck to doe ratio. Saturday is Helicopter Survey and Hog hunting day and hopefully our ratio is still in that area.
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