Tariffs...what to make of them.

rjr44 said:
I'm not commenting on Fauci directly as I don't know enough about the guy other than the good and bad that's spread by various pro and anti sources. Which means I know nothing cuz I haven't done any research on him (nor will I).

BUT your argument that graduating top of class makes him somehow infallible and unquestionable (I'm possibly erroneously assuming you are inferring such) is not a good argument. History is full of high achievers who went on to do very, very bad things.

Does anyone remember the una-bomber? (there are other better examples but I'm about done w/ my mental reboot for work so don't have time to find better ones)

  • Early Academic Success:
    Kaczynski was a gifted student, skipping two grades (sixth and eleventh) and graduating high school at age 15.

  • Harvard University:
    He attended Harvard University at age 16, earning a Bachelor of Arts degree in mathematics with a GPA of 3.12.

  • Further Education:
    He later earned a Ph.D. in mathematics from the University of Michigan in 1967.

  • Academic Career:
    He taught at the University of California, Berkeley, but resigned after two years.

  • Abandoned Academic Career:
    He abandoned his academic career in 1969 to pursue a reclusive primitive lifestyle.
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I was respondng to @JPark who brought up Dr. Anthony Fauci. Did you @rjr read his autobiography? It is quite good with respect to his fifty years of government service and four decades of fighting AIDS. Kinda like the unabomber, but different.
 
thegock said:
I was respondng to @JPark who brought up Dr. Anthony Fauci. Did you @rjr read his autobiography? It is quite good with respect to his fifty years of government service and four decades of fighting AIDS. Kinda like the unabomber, but different.
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Did not read his book or RFK Jr book which depicts the opposite (from what I've heard).

Again I'm not saying Fauci is good or bad, best or worst, I'm just saying academic credentials are a guarantee of nothing.
 
thegock said:
I was respondng to @JPark who brought up Dr. Anthony Fauci. Did you @rjr read his autobiography? It is quite good with respect to his fifty years of government service and four decades of fighting AIDS. Kinda like the unabomber, but different.
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An autobiography isn't where you find a critical analysis of an individual.

He hasn't sued RFK Jr. for any libel from a bestseller supposedly refuting the goodwill of those 50 years of government service. Nor anyone else for what he did during the AIDs crisis or Covid.

I'm not an anti-Fauci guy, but he he is the guy who lied in front of congress and got a presidential pardon for any and all crimes he may have committed right?
 
scott62 said:
It’s for poisoning worms and parasites , not killing or stoping viruses ….
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Too bad that's not what you originally said. For this I went back for the copy/paste:

"As for the doctors, if a doctor suggested people take horse de wormer paste for a Covid virus, you should probably look into that doctor’s license."

And I already agreed that if a doctor prescribed someone the horse formulation for anything, yes, they should be looked into.

But if they prescribed the human formulation, well, I do believe most doctors would know which medicine to prescribe for what.

And yes, if I have a doctor I trust and he/she says "this is one of the safest medicines on earth and is known to treat many more things than it was originally invented for, I think it might help you for this" I would trust my doctor on that. I would 100% trust my doctor on that opinion over mass media news sources that continued to call it a horse medicine only and did NOT mention it was a Nobel Prize winning medicine for humans.

History is famous for accidental discoveries of medicines intended for one thing ending up working for something else, not buy design. So I will continue to take my advice from trusted medical professionals, not you or the news.
 
rjr44 said:
Too bad that's not what you originally said. For this I went back for the copy/paste:

"As for the doctors, if a doctor suggested people take horse de wormer paste for a Covid virus, you should probably look into that doctor’s license."

And I already agreed that if a doctor prescribed someone the horse formulation for anything, yes, they should be looked into.

But if they prescribed the human formulation, well, I do believe most doctors would know which medicine to prescribe for what.

And yes, if I have a doctor I trust and he/she says "this is one of the safest medicines on earth and is known to treat many more things than it was originally invented for, I think it might help you for this" I would trust my doctor on that. I would 100% trust my doctor on that opinion over mass media news sources that continued to call it a horse medicine only and did NOT mention it was a Nobel Prize winning medicine for humans.

History is famous for accidental discoveries of medicines intended for one thing ending up working for something else, not buy design. So I will continue to take my advice from trusted medical professionals, not you or the news.
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I used the word “horse” because that’s how everyone recognizes the drug. Yes it’s a great drug if you have tape worms, not viruses. Anyone with a iq over 4 should be able to tell you have a better chance killing Covid by snorting koolaid than using parasite poison.
 
scott62 said:
I used the word “horse” because that’s how everyone recognizes the drug. Yes it’s a great drug if you have tape worms, not viruses. Anyone with a iq over 4 should be able to tell you have a better chance killing Covid by snorting koolaid than using parasite poison.
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And a little too close to the insult line there Scott....
I did say please to Tom, but it was a message for everyone.

Off label uses for drugs are a real thing.
 
scott62 said:
I used the word “horse” because that’s how everyone recognizes the drug. Yes it’s a great drug if you have tape worms, not viruses. Anyone with a iq over 4 should be able to tell you have a better chance killing Covid by snorting koolaid than using parasite poison.
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I don't work on a horse farm. My only familiarity with it being "Horse Medication" is when the corporate media went after people suggesting it's use. I would be lying if I even heard of it before Covid but I certainly don't think of it as a primarily animal medication. I think of it as a highly utilized human medication, specifically in Africa and South America.

I doubt I'm an outlier. When taking basic antibiotics nobody calls those "Feedlot Medication".
 
scott62 said:
I used the word “horse” because that’s how everyone recognizes the drug. Yes it’s a great drug if you have tape worms, not viruses. Anyone with a iq over 4 should be able to tell you have a better chance killing Covid by snorting koolaid than using parasite poison.
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By everyone you mean those that believed the media bias only and didn't look into it to find out it's actually a Nobel Prize Winning drug originally designed for humans?

I guess my IQ is below 5 cuz if my doctor suggested I should try one of the best medicines ever made that has more known uses than just what it was originally invented for I would absolutely take my doctor's advice and would not snort Kool-Aid.

Breakdown of Scores on an IQ Scale​

The average score on an IQ test is 100. These labels are often given for IQ scores:


  • 1 to 24: Profound mental disability
  • 25 to 39: Severe mental disability
  • 40 to 54: Moderate mental disability
  • 55 to 69: Mild mental disability
  • 70 to 84: Borderline mental disability
  • 85 to 114: Average intelligence
  • 115 to 129: Above average or bright
  • 130 to 144: Moderately gifted
  • 145 to 159: Highly gifted
  • 160 to 179: Exceptionally gifted
  • 180 and up: Profoundly gifted

I am quite flattered you would take the time out to engage in conversation with someone who has a profound mental disability. Since you are so much more intellectually superior than me I'd love for you to present facts instead of long-since debunked media narratives so maybe my primitive brain (if I even have one) can learn and gain knowledge.

That said I doubt you will, you'll just keep repeating the same erroneous narrative after which I'll save myself the time and use the ignore feature.
 
Santapez said:
I don't work on a horse farm. My only familiarity with it being "Horse Medication" is when the corporate media went after people suggesting it's use. I would be lying if I even heard of it before Covid but I certainly don't think of it as a primarily animal medication. I think of it as a highly utilized human medication, specifically in Africa and South America.

I doubt I'm an outlier. When taking basic antibiotics nobody calls those "Feedlot Medication".
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sundaydoug said:
In a former life as a pharmaceutical rep one of my products was widely prescribed by physicians for off-label use. If a physician asked about using it to treat disease states for which it was not indicated I had to keep my mouth shut, but it certainly happens all the time.
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Careful fellas, them's some inconvenient (to some) facts.
 
rjr44 said:
By everyone you mean those that believed the media bias only and didn't look into it to find out it's actually a Nobel Prize Winning drug originally designed for humans?

I guess my IQ is below 5 cuz if my doctor suggested I should try one of the best medicines ever made that has more known uses than just what it was originally invented for I would absolutely take my doctor's advice and would not snort Kool-Aid.

Breakdown of Scores on an IQ Scale​

The average score on an IQ test is 100. These labels are often given for IQ scores:


  • 1 to 24: Profound mental disability
  • 25 to 39: Severe mental disability
  • 40 to 54: Moderate mental disability
  • 55 to 69: Mild mental disability
  • 70 to 84: Borderline mental disability
  • 85 to 114: Average intelligence
  • 115 to 129: Above average or bright
  • 130 to 144: Moderately gifted
  • 145 to 159: Highly gifted
  • 160 to 179: Exceptionally gifted
  • 180 and up: Profoundly gifted

I am quite flattered you would take the time out to engage in conversation with someone who has a profound mental disability. Since you are so much more intellectually superior than me I'd love for you to present facts instead of long-since debunked media narratives so maybe my primitive brain (if I even have one) can learn and gain knowledge.

That said I doubt you will, you'll just keep repeating the same erroneous narrative after which I'll save myself the time and use the ignore feature.
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Soooo, you used it? For Covid?

Bless your hart.
 
scott62 said:
Soooo, you used it? For Covid?

Bless your hart.
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No, I didn't, have never used it for anything, hence the IF in my statement.

Keep deflecting and not reading the words on the page but the words you want to be on the page. Just keep on digging in deeper and deeper on a false narrative instead of admitting, holy shite, I learned something today, Ivermectim is an extremely successful drug designed for humans that has been successfully use for more than it's originally intended use. Iin fact, it's been used billions of times. Heck, it's even classified as an ESSENTIAL MEDICINE. Don't sound like some wonky horse medicine to me. Then again, me IQ less than 5.

1741880969308.png

And dare I say, it would be a far better choice than your implied alternative, Kool-Aid. Remind me, whose heart needs blessing?
 
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PSA y'all, it's perfectly OK in life to be wrong. And if the word wrong brings negative connotations, reframe it as "you are either right or you learned something."

I'm wrong more times a day than I can count. I haven't been fired from my job yet cuz when I'm wrong I admit it immediately and propose a plan to correct.

I've managed my family's money for over 20 years now. Anyone who spends time actively managing money knows you will be wrong all the time. Depending on one's investing or trading style, you can be wrong MORE often than you are right, but make money. For example, my winning trades are in the 30-40% range of all my trades. In other words, I lose more times than I win. BUT, my average loss is ~.88R whereas my average win is over 4R. So across many trades my expetetncy is net positive. There are traders w/ a 90% win rate who go broke. Why? They take lots of small wins and a low number of massive losses.

Point of all this is, it's ok to be wrong. Heck, today I learned a Suburban weighs more than a CyberTruck. If I was asked prior I woulda said 95%+ the Cyber weighs more. Silly example, but it's just that, an example.

Show me someone who is never wrong and I'll either show you a (1) liar or (2) someone who never tries anything. Neither are good traits, so go out there, try stuff, be wrong, learn!
 
Dow is now down 3600 points in 30 days… tariffs are working great! I told my neighbor I though the DOW would loose 4000 points by the end of march, guess I guessed low.


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scott62 said:
Dow is now down 3600 points in 30 days… tariffs are working great! I told my neighbor I though the DOW would loose 4000 points by the end of march, guess I guessed low.


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I opened my bicycle shop in the Spring of 1995. 95-96 was the snowiest winter in history for NJ. When I made it through that winter I always thought well, if I can survive that, I can survive anything. Trump's market crash will be a similar test for my first year of retirement. You might find me looking for a job before he wakes up.
 
It is the uncertainty, not the tariffs.
They can price in anything that is fixed.
Moving targets are risky.

The 401k crowd should be ok with a pullback. Their investments and reinvestments of dividend are taking advantage of lower cost.

I'm on the other side, ready to take out. I just switched to income generation. Hopefully nobody cuts dividend. Cost of capital is still high so my cefs should be ok, even if their nav took a hit
 
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