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The Pareto Investor's avatar

The beauty of defensive positioning: you can always rotate back to growth if the evidence contradicts the thesis.

James ( Jim) Marshall's avatar

A nice history review of SOME of the stupid things our government has done to us to finance their efforts to stay in office. Sadly, the list is much longer.

Jim Marshall

Jay Bremyer's avatar

So very true, at least for me at my stage of life. I don't need to go elsewhere to enact my resistance to statist malfeasance. Better to continue, as I have for many years, to improve my home fortress to defend my family and contribute to my community with increased wealth and optionality. Be legal but informed, aware, and proactive with investments while keeping sufficient cash reserves and related security enhancing protections. Hear, hear.

Dana Andrusik's avatar

Certainly won of the greatest essays i have ever read in my 76 years! Overwhelming and succinct.

Thomas St.Yeng's avatar

"What a stupid idea it was to have employers in any way involved with medical care"

As someone who built and manages a cash-only medical clinic, we struggle with the narrative all the time - "but my employer pays for [insert crappy HMO]". I've given up walking through the math with HR people. Rarely, we convince a small business owner to let employees take those health care dollars and spend them on what they want (or save them in an HSA). I've now pivoted to simply "your body, your choice, right?"

...end rant on American medical care.

JJ's avatar

Always said people suffer from an epidemic of short term memory dominance… you see it with strangers as with family.. You help a member with something and its forgotten….”What have you done for me lately” as the famous song goes.. All entitlement and unfonsfious being… really sad… not to mention a little bit ot stockholm syndrome. I pray for my brothers and sisters in a haze…. Come out and see the light