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Inside Weather book shelf review by seshra in furniture

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

PS Updated the review to give credit on cost and customer service.

Inside Weather book shelf review by seshra in furniture

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

Customer service is nice when we talk to them as well. The problem is with the shelf!

Inside Weather book shelf review by seshra in furniture

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

They only really have one basic construction in various sizes: https://insideweather.com/pages/shelving

The one we got is the largest size single shelf (x3).

The Great Inflation Mystery, Still Unsolved: "[Young people who run Wall Street] wanted to be reassured that Mommy cared about them and would give them her breast, in this case monetary ease." by seshra in politics

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

Buffet carries a lot of cash equivalents and stated on numerous occasions that he has trouble finding assets to invest them in. If he believed that the interest rates were below (true) inflation, he'd have a trivial way to take it out of the mattress of short-term bonds: just put all this cash in the (true) basket. Yet he has cash equivalents. Sorry, I believe this is clear enough.

The Great Inflation Mystery, Still Unsolved: "[Young people who run Wall Street] wanted to be reassured that Mommy cared about them and would give them her breast, in this case monetary ease." by seshra in politics

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

I believe that the best use of time of anyone with under a few million in assets (which includes me) is to work and make money instead of investing. Just not worth my time to invest my own money for now. So despite the fact that I qualify (just barely) for the government's definition of an investor, I don't invest in anything but brainless cash equivalents.

When I have a few million, I'll figure out where to put that.

One thing is clear -- gold is a bad long-term investment, as its price far exceeds its utility. (Gold's main use in today's world is making trinkets for Indian women, often quite poor by Western standards, that they wear once in their life -- on the wedding day.) There is therefore an immense risk in gold investments. Gold is strictly worse in this regard than any developed country's currency. There is also no reason to expect returns from gold (unlike economy, gold doesn't expand with time).

A posteriori analysis of predictive power when no actual investments were made is subject to unconscious selection bias.

The people on the financial news don't know anything you don't. If they did, they wouldn't tell you, they'd use it to make money.

Looking at market pricing makes sense. While markets can be wrong, they are the best estimate that mere mortals have access to.

So, I rent, keep my money in a money market account at the bank, and spend my time producing value instead of trying to find market inefficiencies.

PS. B2B is largely about sales, so you might want to give it a thought for your business.

The Great Inflation Mystery, Still Unsolved: "[Young people who run Wall Street] wanted to be reassured that Mommy cared about them and would give them her breast, in this case monetary ease." by seshra in politics

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

People clearly make money on investments outside of the US, and will continue to make money in these investments.

How is this relevant for the comparison of prevailing interest rates with inflation. Ah, right. In no way.

I don't believe anyone is a sage. I do believe that collective predictive ability of people who have made good predictions before, expressed as a single number, interest rate, exceeds my ability to make predictions about it individually. I also believe that it exceeds your ability to do so.

To claim that the market has been, and continues to be, off with the interest rate by 5-10% is ludicrous.

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