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Comment Market Cap to GDP: The Buffett Valuation Indicator (Score 3, Interesting) 335

"it is probably the best single measure of where valuations stand at any given moment." - Warren Buffett


Both Buffett Indicator And Shiller P/E Continue To Imply Long Term Negative Market Returns; 2015 Market Valuation

Yes, the market is looking a bit frothy. Locally here in NYC, assets such as real estate are looking pretty high...

Comment Re: records go back to 1880, very funny (Score 1) 547

Can you cite where these records are that will show how grassy fields that have become urbanized with concrete and asphalt affect temperature readings over a 200 year period?

Interesting podcast with Joe Rogan discussing this topic with Randall Carlson. Sounds a lot like winter is coming Game of Thrones style!

Comment Re: No one will ever buy a GM product again (Score 4, Insightful) 307

I forgot to mention that the only true solution is a kill switch like they have on motorcycles that is not controlled by firmware. In fact in the Motorcycle Safety Foundation course I took, they teach you to only turn off the bike using the switch so that it becomes second nature should you ever end up in an emergency.

Comment Re: No one will ever buy a GM product again (Score 1) 307

Increasingly, newer cars do not come with gear shifts. For instance our Mercedes S550 only has a control stalk to change gears. It's no different than pushing a button. If there were a similar firmware problem, there is nothing you could do in the car. Even the ignition is keyless.

What you think is obvious is actually useless. And too many smug people don't even realize that.

Comment Re:Simple: So people will buy them. (Score 1) 482

It's not as bad as you think. I spent about $100 to $110 a month with ATT before switching to Ting. (heard about it via Joe Rogan podcast)

Bought a new Sprint Iphone 5 for $500 hundred dollars from eBay.
Sprint SIM card from Best Buy for $20. (got another one free from a Sprint store after telling them I was picking one up for my friend with Sprint service.)
Switched service over to Ting. Now my bill is like $50. NO CONTRACT and you only get billed for what you use! I would have saved $400 alone last year for 4 months because I was travelling abroad.

Save $25 with this referral (and it gets me $25 for hooking you up with an awesome service!)

Switching from ATT to Ting

"Falling in love makes smoking pot all day look like the ultimate in restraint." -- Dave Sim, author of Cerebrus.