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The Patriots have been overachievers the past two years. It doesn't have the talent to compensate for injuries, and it wins so much because it puts in 99% effort in the regular season and plays with terrific schemes to mask its deficiencies.
But in the playoffs a good team at 99% will not beat emotional, talented teams that play at 100%. It's what happened against the Giants in 2011 and the Ravens in 2012.
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Question: I have never/ever read a comment you've posted where you wrote you thought the economy was headed in a negative direction.
I know you must know that it will go up and it will go down...but would you ever say you believe we're headed in a negative direction?
I ask because I don't recall you coming here in 2007 or 2008 and stating you believed we were headed into a historical recession. And I'm wondering why you didn't. Now maybe you can prove me wrong....as I'm not one to go hunting through you post history.
Because for the umpteenth time......I do not forecast. I make fun of people who foolishly try to forecast markets and economies, as you well know.
The only area where I WILL make some forecasting is the macro-interest rate/inflation area - - and that is for 5+ years out periods. I see that going up for several decades into the future.
I tell all my clients that I have no idea what the investment markets will do in the next 10 minutes, let alone the next 2 years.
The best way to grow rich slowly and effectively is to understand your risk tolerance and timeframe, then build an Asset Allocation portfolio geared to that using holdings that are consistently in the top 3rd of class in percentile performance ratings over the past 3, 5 and 10 year periods. Rebalance every 6 months to within 1% of each asset class. Rinse and repeat.
As Nate Silver said to the Joe Scarboroughs, Karl Roves and Dick Morrises who were taunting him for relying on reality instead of gut feeling, "It's not rocket science, it's just facts".
__________________
"They (Patriots) may be the greatest team ever" - Chris Mortenson, January 18, 2005 on espn.com
Because for the umpteenth time......I do not forecast. I make fun of people who foolishly try to forecast, as you well know.
I tell all my clients that I have no idea what the markets will do in the next 10 minutes, let alone the next 2 years.
The best way to grow rich slowly and effectively is to understand your risk tolerance and timeframe, then build an Asset Allocation portfolio geared to that using holdings that are consistently in the top 3rd of class in percentile performance ratings over the past 3, 5 and 10 year periods. Rebalance every 6 months to within 1% of each asset class. Rinse and repeat.
As Nate Silver said to the Joe scarboroughs, Karl Roves and Dick Morrises who were taunting him for relying on reality instead of gut feeling, "It's not rocket science, it's just facts".
I didn't ask you how grow wealthy slowly though....I asked why you never comment on negative trends.
You're not an investment advisor here...and I KNOW you have an opinion. Just wonder why you never state/post your opinion here on the economy.
You always seem to be ok with pointing out the positives, but never comment upon the negatives. Time after time, you comment upon upticks in real estate or defend unemployment reports...but you never came here in 07/08 and shared your comments on negative trends.
That's what I'd like to know since you're an advisor for a $550M portfolio
Last edited by PatriotsReign; 11-09-2012 at 02:55 PM..
corporations have the right to keep their cash. unlike 12-15 years ago, it benefits a company to have cash sitting around. inflation is much lower than the economic uncertainty these days.
WHAT???????
1) Of course, corporations have the right to sit on their cash. But to then simultaneously whine that they have to cut employees because they are too strapped is a lie that even you can't fall for.
2) "......it benefits a company to have cash sitting around. inflation is much lower than the economic uncertainty these days". - - - You mean those corporations that broke all records for jumping over themselves to flush money on more "certified safe investments" like the Mitt Romney campaign?????? Yeah those corporations really don't like to gamble at all.
__________________
"They (Patriots) may be the greatest team ever" - Chris Mortenson, January 18, 2005 on espn.com
I didn't ask you how grow wealthy slowly though....I asked why you never comment on negative trends.
You're not an investment advisor here...and I KNOW you have an opinion. Just wonder why you never state/post your opinion here on the economy.
You always seem to be ok with pointing out the positives, but never comment upon the negatives. Time after time, you comment upon upticks in real estate or defend unemployment reports...but you never came here in 07/08 and shared your comments on negative trends.
That's what I'd like to know since you're an advisor for a $550M portfolio
$55 million.
Some of us respect factual data.
And I most certainly DID rail against the costs of the unnecessary Iraq War and it's economic consequences along with the waste of money buiilding infrastructure in Iraq. I also railed against the costs that it will incur for decades and decades for the 150,000+ troops that served over in an unnecessary war who will ahve to be cared for back home. I also bemoaned the turning of the Clinton budget surpluses into the Bush deficits - - RW clashed on that repeatedly, contending that the Clinton surpluses were mere accounting tricks.
Once again, I only forecast things that are obvious - - we WILL have long-term inflation/higher interest rates because of the debt rising/we will have tremendous budgetary outlays to care for 150,000+ courageous Americans who were thrown into an unnecessary war.
__________________
"They (Patriots) may be the greatest team ever" - Chris Mortenson, January 18, 2005 on espn.com
I didn't ask you about factual data....I asked why you never comment on negative FACTUAL trends?
You're not an investment advisor here...and I KNOW you have an opinion. Just wonder why you never state/post your opinion here on the economy.
You always seem to be ok with pointing out the positives, but never comment upon the negatives. Time after time, you comment upon upticks in real estate or defend unemployment reports...but you never came here in 07/08 and shared your comments on negative trends.
That's what I'd like to know since you're an advisor for a $55M portfolio
There you go! Still waiting for your direct reply buddy. We can do this all week if you like.
Last edited by PatriotsReign; 11-09-2012 at 03:10 PM..
1) Of course, corporations have the right to sit on their cash. But to then simultaneously whine that they have to cut employees because they are too strapped is a lie that even you can't fall for.
2) "......it benefits a company to have cash sitting around. inflation is much lower than the economic uncertainty these days". - - - You mean those corporations that broke all records for jumping over themselves to flush money on more "certified safe investments" like the Mitt Romney campaign?????? Yeah those corporations really don't like to gamble at all.
barking up the wrong tree as usual........
yes, corporations do have the right to sit on cash AND lay people off.....I don't want to live in a country where the government takes that right away.......if I took my personal life and looked it as a corporation, my cash on hand would make even the biggest corporate hoarder of cash look ridiculously irresponsible. today, cash is the biggest assurance to survival given the increased degree of difficulty the Fed made funds available over thelast few years.
the prospects for growth right now are grim .... there is no better idea to hold onto cash because it will be the fastest way to put the pedal to the metal when growth returns.
__________________ “ I think good coaches will coach with the personnel they have, and if you only have one (good) linebacker, you’re not going to play a 3–4. ”
—Hank Bullough, who installed one of the first 3–4 defenses with the New England Patriots.
yes, corporations do have the right to sit on cash AND lay people off.....I don't want to live in a country where the government takes that right away.......
Did you know many Euro nations took that right away from corporations IC? They have to pay a fine for laying a person off or something like that.
Americans don't support that practice. We support freedom of choice.
Did you know many Euro nations took that right away from corporations IC? They have to pay a fine for laying a person off or something like that.
Americans don't support that practice. We support freedom of choice.
yup......can't let them go until they retire when they're 27.... after working for 9 years with 37 weeks of vacation per year
__________________ “ I think good coaches will coach with the personnel they have, and if you only have one (good) linebacker, you’re not going to play a 3–4. ”
—Hank Bullough, who installed one of the first 3–4 defenses with the New England Patriots.
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