Heard Darryl Cooper on Jocko Willinck a few weeks ago. Listened to his Martymade podcasts from 2015 and 2016 on Palestine and Israel history and it could not be more pertinent or prescient. Deep history and worth learning.
I have many subscriptions already but A Havenstein Moment is special for me. I always feel good & informed after I finish each post. I'm not an American but still enjoy these posts.
Thank you. I'm am happy to hear that. I try include world news - so much is going on. About 25% of my paid subscribers are not in U.S., which I think is great. The next biggest countries here, roughly in order, are UK, Canada, Australia, Switzerland, Ireland, Luxembourg and India.
I was one who told you to START a Substack! Your research, topic selection, links and wit were far too valuable to be given away for free! No problem paying for your fine work..
Yes, the Melody link and interview are super timely and informative. Passed it straight on to one of my Millennial kids who think they will never own a house (but hopefully will with our help and a return to a "buyers" market)...
Well I went ahead and set up and account at Vanguard Treasury Money Market Fund: from one of my .01% bank accounts. They didn't give me an option to select anything when I opened the account. They opened a "brokerage account" with my ten grand. I've sent them a message of course? Any advice?
I think every brokerage account should have a money market fund connected to it. A "sweep" account. I believe the Vanguard default is the US Treasury money market fund, and I'd imagine that's where your cash is. Call 'em up and ask them.
That's pretty much why I never move cash out of my low yield accounts. Just too complicated for me, I'm kinda old. Not too old but old enough that I have problems seeing
I am very happy to be here. Totally worth the monthly payment.
When I got my MBA from Rice it was 1987. One of the top students who got her master's of accounting was a lady named Angela. I could probably work out her last name, but it's a sad story. She went to work for Arthur Andersen. A couple years later I was on the Rice campus meeting Prof. John Freeman to talk about his photo-klystron and whether the team at Space Services could help him put an experimental payload in orbit. As I went back to my car here was Angela driving up in a shiny new black luxury Jaguar. So we talked. She had just been promoted to work on a really big account: Enron.
I was in my 1987 Honda Civic station wagon, still making payments. She had a great lease on the Jag. I never saw her after that one afternoon in 1989. She wasn't at the reunion in 2006 when I was in town to network for a private stock exchange project. But I feel confident she had the best of intentions with regard to her client's accounting procedures. Okay maybe not very confident. But there was confidence involved, right? lol
In other news, my brother didn't call for Armistice day. He never has in all these years. But he still teaches high school science and his students still try to slowly boil a frog every year or so. And the frog always jumps out of the water before it gets too hot. There's probably a reason why nobody hires frogs to be stock brokers. Can't get any broker if you jump out of the hot water... But they play a mean game of Frogger.
I've been known to do some seriously stupid dumb shyt in my life so....I DEMAND you remove the unsubscribe button from the bottom you substack emails I get for my money because these days what you do is invaluable and fear I may do something dumb like UNSUBSCRIBE
Heard Darryl Cooper on Jocko Willinck a few weeks ago. Listened to his Martymade podcasts from 2015 and 2016 on Palestine and Israel history and it could not be more pertinent or prescient. Deep history and worth learning.
I don't know if you've seen this but if you haven't I'm sure you'll enjoy it.
https://x.com/dom_lucre/status/1723842030558728685?s=20
Fantastic. I've posted clips from that a few times but I think they got scrubbed. Thanks!
Liked: "I only want happy people here." Hard to be "happy" when I digest what you compile and analyze. It's a journey not a destination. Interesting podcast, here: https://hiddenbrain.org/podcast/what-we-gain-from-pain/
As I've said before, I'm just trying to shine light on things. To me, that's not a sad thing.
Sorry, but I can no longer hear Little River Band and not think of the movie The Other Guys.
I have many subscriptions already but A Havenstein Moment is special for me. I always feel good & informed after I finish each post. I'm not an American but still enjoy these posts.
Thank you. I'm am happy to hear that. I try include world news - so much is going on. About 25% of my paid subscribers are not in U.S., which I think is great. The next biggest countries here, roughly in order, are UK, Canada, Australia, Switzerland, Ireland, Luxembourg and India.
No matter what you do some people will be unhappy! My subscription has been well worth it for the laughs
Thank you!
I was one who told you to START a Substack! Your research, topic selection, links and wit were far too valuable to be given away for free! No problem paying for your fine work..
Yes, the Melody link and interview are super timely and informative. Passed it straight on to one of my Millennial kids who think they will never own a house (but hopefully will with our help and a return to a "buyers" market)...
Thank you.
Find you creatively fascinating and a must read to keep up with the wicked world of financial charades.
Appreciate you sharing Melody’s missives as she is a hardworking gem! Love her.
Also your book call outs....had to take a break from Whitney’s books to start Stefan Zweig...The World of Yesterday. Very good 👍🏻
So you are making a big difference with your splendid Substack postings.
I’m here because Melody sent me. Worth every penny. In regards to this:
”I do think there’ll be a lot of workouts. They don’t want those keys back, so what can we do to modify those loans…”
I wonder…wouldn’t the note holders like nothing better than getting those 3% disasters off their books? Even if it means getting the keys back.
Unless of course the ‘workout’ forces the market rate on the mortgagee, but for a longer period. 40 years?
Higher for longer. Hmm. Now where have I heard that before.
Welcome!
Well I went ahead and set up and account at Vanguard Treasury Money Market Fund: from one of my .01% bank accounts. They didn't give me an option to select anything when I opened the account. They opened a "brokerage account" with my ten grand. I've sent them a message of course? Any advice?
I think every brokerage account should have a money market fund connected to it. A "sweep" account. I believe the Vanguard default is the US Treasury money market fund, and I'd imagine that's where your cash is. Call 'em up and ask them.
yes I will do that on monday
That's pretty much why I never move cash out of my low yield accounts. Just too complicated for me, I'm kinda old. Not too old but old enough that I have problems seeing
I am very happy to be here. Totally worth the monthly payment.
When I got my MBA from Rice it was 1987. One of the top students who got her master's of accounting was a lady named Angela. I could probably work out her last name, but it's a sad story. She went to work for Arthur Andersen. A couple years later I was on the Rice campus meeting Prof. John Freeman to talk about his photo-klystron and whether the team at Space Services could help him put an experimental payload in orbit. As I went back to my car here was Angela driving up in a shiny new black luxury Jaguar. So we talked. She had just been promoted to work on a really big account: Enron.
I was in my 1987 Honda Civic station wagon, still making payments. She had a great lease on the Jag. I never saw her after that one afternoon in 1989. She wasn't at the reunion in 2006 when I was in town to network for a private stock exchange project. But I feel confident she had the best of intentions with regard to her client's accounting procedures. Okay maybe not very confident. But there was confidence involved, right? lol
In other news, my brother didn't call for Armistice day. He never has in all these years. But he still teaches high school science and his students still try to slowly boil a frog every year or so. And the frog always jumps out of the water before it gets too hot. There's probably a reason why nobody hires frogs to be stock brokers. Can't get any broker if you jump out of the hot water... But they play a mean game of Frogger.
The bond Twitter thread was very informative. And the data about time to sell houses sounds very 2008....
I've been known to do some seriously stupid dumb shyt in my life so....I DEMAND you remove the unsubscribe button from the bottom you substack emails I get for my money because these days what you do is invaluable and fear I may do something dumb like UNSUBSCRIBE
You're too kind...