FastingFiduciary

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After college, after Trump mostly gave up his personal athletic interests, he came to view time spent playing sports as time wasted. Trump believed the human body was like a battery, with a finite amount of energy, which exercise only depleted. So he didn't work out. When he learned that John O'Donnell, one of his top casino executives, was training for an Ironman triathlon, he admonished him, 'You are going to die young because of this.

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I suppose they too follow the battery theory.

Shudders in Sidgwick.

God.

Downing was beautiful but my friends disagreed.

Friend of mine studied at Emma and he said he got free laundry. Lucky man.

Were you undergrad or post-grad?

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Don’t believe The Tab.

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Lol, The Tab. My guy knows.

I mean Oxford is definitely less elitist than it was 40 years ago. It's not like it was when my headmaster and teachers went.

Which college were you in? I lived quite close to Emma when I was younger.

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As a Cambridge alum, I can verify this is completely wrong and this Oxford “don” certainly doesn’t know his history.

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What are you on about?

They've not used parental background for a long time.

Good one 'don'.

That's fair enough.

Thanks for responding.

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Biden is supposed to announce a $10000 student loan balance reduction this week. This will add to inflation. More helicopter money. This guy and his administration are idiots. They say they are doing everything to fight inflation. WRONG.

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I've got no clue why they're even doing this.

I feel like they don't realize how bad it looks - same with shutting down pipelines etc. Completely idiotic policies and not something I agree with.

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The FED just now started their balance sheet reduction. As always, they are late to the game.

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Fair enough.

I think they definitely should have started their balance sheet reduction earlier - I think the problem is the velocity of circulation didn't decline like they were expecting, which caused inflation due to excessive QE and fiscal stimuli.

This doesn't mean there's going to be a recession.

We're discussing the likelihood of a recession.

Gas prices going up, grocery prices going up, and a lack of products are a symptom of inflation. But inflation doesn't mean there's a recession.

I'm just skeptical -> I just don't see the market crashing to the extent that you guys do. The FED has learnt its lesson from 2008.

Christ dude.

I'm literally asking for a rebuttal.

What exactly are you disputing? Look, I'm the first to admit that I've not studied central banking policy for years and fixed income isn't my specialty. But I'd at least like you to put forward an argument because there's a good chance I could be wrong and I'd like to either strengthen or disprove my position.

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At least you’re not a total liar.

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Do you CAPM bro?

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No you're not but what you are doing is repeating the lies your democratic overlords have brainwashed you with. What you need to understand is that we all see the Emperor is running around buck naked

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Nobody is brainwashing me.

I'm able to make my own decisions and actions. I'm able to read the facts for myself.

I've got a very healthy investment account where I use both an uncorrelated low-volatility model and a highly correlated levered beta model.