Thursday, January 30, 2014

Amazon, Google, and Apple all miss? I'm sure it means nothing.


  1. Something funny is going on thats for sure. Makes me glad to own income producing assets. bought a pacman game on Tuesday in stockton for $200. It needs $30 worth of transformers, but I think we'll make at least $600 in cash flow off it each year. I think we can get similar yields on pins. Its not quite the same as being a landlord, but it feels a lot like property management. It convinces me more than ever that the further you are from your money, the lower your returns. Ultimately this rollercoaster game should only be played by those who can afford to lose. The effectiveness of the markets to seduce its participants into giving up their money never ceases to amaze me. Df

  2. People by nature like to gamble. It's why people play the lottery even though they have impossible chances. No matter how many times you tell them they have a better chance of getting hit by lightening - they still play.

    In some ways I guess it keeps the hope alive. And hope is all you've got sometimes. Thinking there is a chance something will take you away from the crap situation you're in sometimes is all we've got.

    You have the right idea. Owning a physical tangible item you can trade for, that hopefully will go up in value if you take care of it - is the only way to get ahead.

    Personally I think the drag of Ohcare is finally starting to be realized. I think a lot of people are going to lose. Stock market or otherwise. The Uk is already sliding into deflation. Ours just took about 8 months longer than I thought it would.