12-02-2009, 12:29 AM
Very interesting. I don't have any answers besides my usual, I think Buffet style long term investing will always win out.
I like the ounce of gold story. I'd also like to see a graph of "<years of labor for an average worker> to <home price> ratio" chart going back 2000 years. =)
I like the ounce of gold story. I'd also like to see a graph of "<years of labor for an average worker> to <home price> ratio" chart going back 2000 years. =)
"Hamilton is really a Colossus to the anti republican party. Without numbers he is an host within himself. They have got themselves into a defile where they might be finished but too much security on the republican part will give time to his talents and indefatigableness to extricate them. We have had only middling performances to oppose to him. In truth when he comes forward there is nobody but yourself who can meet him. His adversaries having begun the attack he has the advantage of answering them and remains unanswered himself. For God's sake take up your pen and give a fundamental reply to Curtius and Camillas" - Thomas Jefferson to James Madison