I can barely tie my shoes. Im gunna have to go back and zap that!
The bank my business uses asks for financials every year for line of credit. I want to ask them for their financials to make sure they sre solvent.
Only problem is I don't know what to look for on a banks balance sheet.
Why is the top graph linear after 1971? Why not exponential?
That is the saddest. It'd so sad I couldn't share it with my wife. I'm glad I got to share it with my favorite macro analyst, Lyn Alden, but still sad. 😔
Is this supposed to be a video that will play when clicked? Not working for me. Looks like a webp image I guess 😞
I like DW. It's biased but upfront about it. Makes it more genuine. Also they mostly try to be intellectually honest.
I like breaking points. Mostly get a couple of viewpoints. Sometimes cringe or lack of polish but orders of magnitude better that main stream.
Buffet and Munger both made their fortunes investing in fiat businesses. Insurance. Banks. Monopolies. That kind of thing.
They postulate anything else is a sucker's bet since there is risk in a business that requires actual productivity and competition.
Much safer to invest in the parasites that will be bailed out by the taxpayers if they over extend.
Disgusting.

