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Michael Rupp Friendica (AP)

A funeral industry giant keels over

(This post looks best when viewed directly on #Friendica)
This is another great #Podcast for the @Stock Picking Discussion forum. The detail I caught in the story making it worth mentioning is one that might go past people who don't think about #Finance. It won't take you long to listen to this show, but here's the...
spoiler/rant alert:
Reveal/hide... show more

Michael Rupp Friendica (AP)

British business seeks to cash in on carbon

I have an important #Podcast for the @Stock Picking Discussion forum. You can listen to the whole #Marketplace show, but my focus is on the story about using CO2 as a building block for normal products that we would build with petroleum products. The link at the bottom gets you to the whole show, the embedded player above it has just the part about #CarbonNeutral #Environmental #... show more

Michael Rupp Friendica (AP)

Nouriel Roubini on the US-China Thucydides Trap

Amazing #Podcast this episode of #AlphaChat! Definitely @Stock Picking Discussion material. Nouriel Roubini reveals in a very logical, functional, causal way how recessions typically happen. #Investing in a #Security—or a store of capital—is in a way like launching a ship on the ocean. If you planned to launch it without knowing how the tides work, it's just a #CrapShoot wether you will get grounded by a reef or not. The old addage is, "a rising... show more


Politics Matter!!!

This is a very nuanced thing. I didn't say it was the only thing that matters. I didn't say all publicly traded companies are affected by politics.

To be clear, governments—even good democracies—will have some of the people holding political power who act in self-serving ways by sneaking in legislation that gives a company or group of companies they are allied with an unfair competitive advantage in the marketplace. Normally we only hear about it when it reaches scandalous proportions.

Typically we don't even think about politics because it's all so complex, and who's got time to read and understand the ramifications of all the laws passed in just their own home country? Nobody, that's who. In the long-range plans of #OutsourcedMath, there will be a group dedicated to the analysis of legislation who report on the expectations of those nefarious acts.
#OutsourcedMath Business (x) Economics (x) Legislation (x) Politics (x) Society (x)

Method Man of Wu-Tang Clan fame has some investment advice

In the last few seconds, he reveals the secret to sage investing.
Investing (x)

Sam Harris | Making Sense | #155 - Mental Models

I like all episodes of this podcast, but this particular one touches on #Finance and decision making early on. Pay close attention to how he claims top performers like Buffet reduce risk by focusing on stable knowledge of stable business types.



Link to the show's page
# #Finance Economics (x) Logic (x) Philosophy (x)

The "Shell Company" scam

Before addressing the scam, I want to address the legitimate use of a shell company. Also, you should be advised the OTC Markets will identify Shell vs. Shell Risk companies when you look at their ticker page; e.g. ADHG - Ando Holdings Ltd. is a Risk but BFCH - BitFrontier Capital Holdings, Inc. is not. Neither of these conditions on the OTC is saying they are a scam.

A typical legitimate use of a Shell Corporation would be to obtain early seed funding by investors with enough wealth to speculate on a whim. You are buying a promise of something at such a low price that if you were wrong you wouldn't care. It's akin to regular people buying a few lottery tickets and not minding when they become worthless.... show more
Cautionary Tales (x)

The Perfect Predictions Scam

It would be surprising if you were to be a victim of this scam in the future, but knowing how it works is important.

From the point of view of the person being scammed, you get a message that says somebody can predict price changes of stocks and that they do it for a fee, but you are getting a free sample; this letter/eMail/SMS includes a ticker symbol and an up or down prediction for this week. You discover that the prediction was correct. A week later you get another similar message, the ticker symbol might be different but it will have a prediction. Again you will discover that the prediction was right! Amazing? This pattern will go on for many weeks and you will be convinced that paying for the service will grant you access to this insiders club where you can make a fortune and fix all the problems in your life.

The way it works, in reality, is the scammer sends out a million messages, but half say the stock ticker will go up and the other half say it will go down. Some buy after the first week; they are done. Some got the wrong prediction so they get no more messag... show more
Cautionary Tales (x)

I'm still coding the back end software for the big Outsourced Math LLC project, but I'll say that what we're making is going to mitigate the problems outlined in this episode of @OnPointRadio where they scrutinize #IndexFund #Investing.
Callers to the show raised great points.
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