Path: ...!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail
From: The Natural Philosopher <tnp@invalid.invalid>
Newsgroups: comp.os.linux.misc
Subject: Re: Remember "Bit-Slice" Chips ?
Date: Fri, 27 Dec 2024 14:45:30 +0000
Organization: A little, after lunch
Lines: 40
Message-ID: <vkmeia$3kusr$6@dont-email.me>
References: <o4ucnYo2YLqmZ876nZ2dnZfqn_adnZ2d@earthlink.com>
 <3Nqcncx9-a5sKsL6nZ2dnZfqn_adnZ2d@earthlink.com>
 <305d5af9-8a24-b375-323e-c250bdc27e94@example.net>
 <slrnvm15rf.3j65k.lars@cleo.beagle-ears.com>
 <308f34aa-6ce1-f0d0-a31d-7ff5d389237a@example.net>
 <lse763F5ikfU4@mid.individual.net>
 <c5ddad41-242f-03c6-e007-09d2a77f27e5@example.net>
 <lsh3u3Fk1n1U1@mid.individual.net>
 <e7e50d51-84ec-763c-803a-d422441459f0@example.net>
 <vk1hk7$2ub3j$1@dont-email.me>
 <cd557b3d-dbf6-d332-e80d-9726d48611fb@example.net>
 <lsk40rF3kioU6@mid.individual.net>
 <17951ff3-9385-90a5-d3b9-406e9a550b23@example.net>
 <b_6cnQV_MLwE-Pv6nZ2dnZfqn_qdnZ2d@earthlink.com>
 <14f2a483-1cba-a906-b67d-b8fdd8dd54c4@example.net>
 <lsoq99FqfauU8@mid.individual.net>
 <40ce75cf-2d39-ddec-ea23-3fb18d930683@example.net>
 <5WX9P.39822$Uup4.31269@fx10.iad>
 <1506f21b-8b67-0ddd-b5fc-028b4fd5d99b@example.net>
 <lsrro0Fbig0U2@mid.individual.net>
 <7696e803-859a-ba0e-149e-6a1ffda8acf0@example.net>
 <lsu2r3Fmc4tU4@mid.individual.net>
MIME-Version: 1.0
Content-Type: text/plain; charset=UTF-8; format=flowed
Content-Transfer-Encoding: 7bit
Injection-Date: Fri, 27 Dec 2024 15:45:39 +0100 (CET)
Injection-Info: dont-email.me; posting-host="256658ff80a98a0dd05dc3c9267f9934";
	logging-data="3832731"; mail-complaints-to="abuse@eternal-september.org";	posting-account="U2FsdGVkX18j82xpCWAg2fqI1Qa+lUmKtRELz7wXd4w="
User-Agent: Mozilla Thunderbird
Cancel-Lock: sha1:tfkBkUES8b39gIrOSCh4SgmvNYk=
Content-Language: en-GB
In-Reply-To: <lsu2r3Fmc4tU4@mid.individual.net>
Bytes: 3457

On 23/12/2024 21:25, rbowman wrote:
> I read an article this morning about Bitcoin EFTs that went right over my
> head. It reminded me of the brilliant scheme of buying derivatives based
> on insurance payouts for tranches of mortgages likely to default.
> 
I got quite deeply involved in stocks shares and funds at one time.

- Anyone who tells you how to make a fortune begs the question of why 
they didn't make one themselves and not write a book.
- telling punters to buy a stock is the last refuge of someone who 
bought early and just wants to make another percent before it nosedives.
-at least 50% of funds do worse than the stock market index. If you dont 
know which ones, buy a tracker.
- physical gold is generally at least a way to keep place with 
inflation. Apparently a loaf of bread today costs the same in gold as it 
did in Roman times...
- If you dont want to spend your days with your nose glued to the market 
data, find a fund manager who does, and let him take his 1%.
- If there is anything more rigged than FX I have yet to find it.
- Futures and options for 'domestic' investors are rigged so the bank 
always wins. Unless you do straight forward futures trading at the raw 
level, dont touch it.
-  aim for about 20% ROI and be happy when you get ten.







> I'll stay far away, thank you.

-- 
Outside of a dog, a book is a man's best friend. Inside of a dog it's 
too dark to read.

Groucho Marx