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18
Biden is still living rent-free inside Trump's head as Trump panics about recession
My one liner prompted an essay. Not reading that -
43
Report Aussie Tourist Arrested for Reckless Stunts on Phuket Road
I'm impressed by that teen girl on pillion. She sure beats the Arabs for crazy! -
99
World Now Knows POTUS is Both Weak and Dumb
As I noted in another post, traders trade; advisors advise. Advisors have no skin in the game, and when wrong---which is usually---they say “nobody could have seen this coming”. Traders accept responsibility. We get paid only if we’re right. Advisors can be eternally wrong, but still get paid. You claim to have been an adviser to hedge funds. Maybe, maybe not. I haven’t seen any wisdom coming from you that would suggest to me any hedge fund worth anything would contract you for advice. I doubt you advised the funds with whom I worked. Of course, if you are consistently wrong, maybe we would contact you knowing fading what you say is the path to gains. I had two advisors like that, one worked for Goldman, the other for Morgan Stanley. Whenever I was in doubt, I called them in. Whatever they told me, I tended to fade. Thus, “advisers” can have some value, but generally not the value they intended. As for the fund managers I noted, I had a long business relationship with one of them, and I worked for the other. -
1
English to from Thai Mobile App?
I use Google translate, works well enough. -
99
World Now Knows POTUS is Both Weak and Dumb
Well, fella, you got two things wrong….. I did not predict a 25 year bear market. I predicted that the highs we saw in Dec-Jan will not be topped for 25 years. The difference might be too subtle for you, but I will try to educate you. Japan hit a high of 38,915.87 on 28 Dec 1989. Its bear market lasted until about 2009, around 7000 basis Nikkei, but it wasn’t until 2024 that the Nikkei beat the 1989 high. Get it? As for “only idiots” predict a 25 year bear market, in January of 1990, a kind of famous trader named Paul Tudor Jones predicted the Nikkei would be at least 25 years before breaching its Dec 1989 high. Paul was actually off by 10 years, as it took 35 years. With a net worth above $8 billion, which I’m going to bet tops yours, Paul must be a really lucky idiot. Generational highs occur when there is a perfect storm of negative conditions. Excess exuberance, excessive valuations, and a change in underlying economic fundamentals come together to create tops. Often there is also fraud involved. We certainly have the first three, though fraud tends to be revealed only after the fact. We also have oodles of stupidity in the persona of POTUS, who already changed the economic fundamentals to negative, as the GDP figure showed. He’s good at failure. I get a kick out of the outrage my prediction has caused the MAGAs here. So married to his self-claimed greatness, and so hopeful he can add some value to their lives, that anything that paints him in a negative light affects them deep in their psyche. I might turn out to be wrong---especially if Dems retake the Congress and stop POTUS’ madness---but the reaction I have seen is quite amusing. Thanks for the laughs. -
1
Non Imm O Retirement Extension - Jomtien
They are on here (Lamphun), if useful for Jomtien is anyone's guess..... https://lamphun.immigration.go.th/en/front-page-english/#onlineservice-2
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