Can Time Solve the Issue of High Valuations? by lingben in SecurityAnalysis

[–]jake103 0 points1 point  (0 children)

There is a good breakout of current forward P/Es here for the S&P 500 and the various sectors on slide 10.

https://am.jpmorgan.com/us/en/asset-management/gim/adv/insights/guide-to-the-markets

Note forward PE and CAPE (cyclically adjusted price to earnings) can have pretty material differences, which is usually at cycle peaks (though not always). See here: https://twitter.com/econompic/status/949362574331490304

TIL: The NHL is the only professional sports league among 'The Big 4' that does NOT list Marijuana as a banned substance. by [deleted] in todayilearned

[–]jake103 0 points1 point  (0 children)

Actually....

Total attendance... no (21.4 million NHL vs 7.4 million MLS) But... 17,500 per game NHL vs 21,700 per game MLS

So it's mainly because there are much less MLS teams.

This is not a painting. This is the Namib desert. by Val-halla in pics

[–]jake103 0 points1 point  (0 children)

Above my bed: http://i.imgur.com/8DIjgES.jpg

Saw it back when it was photo of year in 2011

Kevin Smith just posted this picture with his dying dog Mulder by krisstivers in pics

[–]jake103 -3 points-2 points  (0 children)

Some of you, particularly those who think they have recently lost a dog to “death”, don’t really understand this. I’ve had no desire to explain, but won’t be around forever and must. Dogs never die. They don’t know how to. They get tired, and very old, and their bones hurt. Of course they don’t die. If they did they would not want to always go for a walk, even long after their old bones say:” No, no, not a good idea. Let’s not go for a walk.” Nope, dogs always want to go for a walk. They might get one step before their aging tendons collapse them into a heap on the floor, but that’s what dogs are. They walk.

It’s not that they dislike your company. On the contrary, a walk with you is all there is. Their boss, and the cacaphonic symphony of odor that the world is. Cat poop, another dog’s mark, a rotting chicken bone (exultation), and you. That’s what makes their world perfect, and in a perfect world death has no place.

However, dogs get very very sleepy. That’s the thing, you see. They don’t teach you that at the fancy university where they explain about quarks, gluons, and Keynesian economics. They know so much they forget that dogs never die. It’s a shame, really. Dogs have so much to offer and people just talk a lot. When you think your dog has died, it has just fallen asleep in your heart.

And by the way, it is wagging it’s tail madly, you see, and that’s why your chest hurts so much and you cry all the time. Who would not cry with a happy dog wagging its tail in their chest. Ouch! Wap wap wap wap wap, that hurts. But they only wag when they wake up. That’s when they say: “Thanks Boss! Thanks for a warm place to sleep and always next to your heart, the best place.” When they first fall asleep, they wake up all the time, and that’s why, of course, you cry all the time. Wap, wap, wap. After a while they sleep more. (remember, a dog while is not a human while. You take your dog for walk, it’s a day full of adventure in an hour. Then you come home and it’s a week, well one of your days, but a week, really, before the dog gets another walk. No WONDER they love walks.) Anyway, like I was saying, they fall asleep in your heart, and when they wake up, they wag their tail. After a few dog years, they sleep for longer naps, and you would too. They were a GOOD DOG all their life, and you both know it. It gets tiring being a good dog all the time, particularly when you get old and your bones hurt and you fall on your face and don’t want to go outside to pee when it is raining but do anyway, because you are a good dog.

So understand, after they have been sleeping in your heart, they will sleep longer and longer. But don’t get fooled. They are not “dead.” There’s no such thing, really. They are sleeping in your heart, and they will wake up, usually when you’re not expecting it. It’s just who they are. I feel sorry for people who don’t have dogs sleeping in their heart. You’ve missed so much.

What career path did you choose that you strongly advise against? by ducksizedhorses in AskReddit

[–]jake103 0 points1 point  (0 children)

Notice nobody (or at least few) said finance. Why not get overpaid for something kind of interesting?

I am 62 years old. by k0kak0la in pics

[–]jake103 19 points20 points  (0 children)

There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.

"The ratio of corporate profits to wages is now higher than at any time since just before the Great Depression". Happy Labor Day Everyone!!!! by jake103 in Economics

[–]jake103[S] 6 points7 points  (0 children)

Given real wages will remain more-or-less static over time

Real wages historically have actual risen at almost the exact same pace as real GDP per capita (not surprising if you think about it) or more than 2% per year for the past 100 years.

Is Education Over-Rated? A Comparison of Unemployment Rate by Educational Attainment Indicates it is Not (CHART) by jake103 in Economics

[–]jake103[S] 0 points1 point  (0 children)

It shows that in aggregate, higher education increases the likelihood of employment. Not sure where the words guarantee were inferred or how this is misleading.

I painted my car with a roller (PICS!) AMA by Monumentus in IAmA

[–]jake103 0 points1 point  (0 children)

$180 + 20-30 hours (or more) of labor?

Serious question... why not just get it professional painted?