Jun

17

Methods, vig, heroics

June 17, 2023 |

in my response to critique of my methods I refer to the reason that certain famous investors have succeeded so well. It's due imho to being one with idea that has world in its grip - how this and long life enables compounding to grow apace without concern about service beating you down.

there have been so many nice testimonials to me and my style,- some way over the top that I am becoming convinced that some thing I am close to 7 feet under or at least very close to the Bad One. i am still alive.

much attention has been focused on heightened scrutiny of those who don't believe in agrarianism, but little attention has been focused on the opposite, i.e., the free pass for those who hate enterprise and how this increases compounding exponentially the law of ever increasing vig. in 1940 there used to be 1 minute of advertising for 60 minutes of content. on Yankees game nowadays its 50-50. where else do you find much increased vig. the advertisement for the radio broadcasts for the Yankees are so unpleasant and so frequent that one wishes bad luck to them and can't wait to turn them off. the advertisements themselves all encourage ever-increasing vig thru emphasis on lotteries, parleys and service deals for Kids.

I've Got a Little List (with lyrics) / The Mikado / Gilbert and Sullivan

Lois in on my list and her fellow travelers who don't find anything amiss.

one comes back from dinner and hears a recap of New Deal Economics - increased service rates, replacement of private sector by gov - but it isn't from 1934 but is our most agrarian treasury person.

my passing reference to The Wager: A Tale of Shipwreck, Mutiny and Murder did not do it enuf credit as it tells a story of Anson's heroics and survival every well.

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