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Housing Un-American Activities Committee
invite response
2007 Apr 26, 2:53am 14,592 views 147 comments
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One, unsurprisingly, is legendary value investor Jeremy Grantham -- the man Dick Cheney, plus a lot of other rich people, trusts with his money. Grantham, chairman of Boston firm Grantham Mayo Van Otterloo, has been a voice of caution for years. But he has upped his concerns in his latest letter to shareholders. Grantham says we are now seeing the first worldwide bubble in history covering all asset classes.
Interesting
I came into some cash recently.
Any good inflation beating investment ideas?
Not investment advice disclaimer understood.
Any good inflation beating investment ideas?
>>Answer is in the article quoted in the post immediately before yours. Quality stocks, bonds, and managed lumber.
Guy here in Baltimore raised my co-workers rent from $1800 to $2200 because "interest rates increased". The co-worker moved 1 block over to a better place. His old place has been vacant for 5 months now!
Note to moron investor: no one cares that your interest rate resets/ option arm is starting to amortize/ rent doesn't cover mortgage. Also, $1800 > $0.
Michael Anderson!
Long time, no see! How are you? Hope things are well in "Oregon's Carmel"! Managed lumber? You and I gotta talk. Do you still have my e-mail/number? What about these guys trading the fake lumber like Trex (TM) etc? Ben Jones (more expert than I) tracks the building materials pretty closely. Are you a "Random Lengths" subscriber?
We've been "up" 19 of the last 21 trading sessions (as I'm sure you're aware) and the money keeps coming in! Trust me, I'm open. :)
Have I ever been more open about *not* knowing what comes next?
Salk,
You mean that "ownacondo.com" in Right Field (and at times over A.J's right shoulder) isn't working?
Anybody else gettin' the CHISOX on the west coast?
I tried WGN on Charter Cable and all they usually have is Da' Cubs. What's up?
No disrespect to Cubs fans.
DinOR,
Yeah, been busy. How the heck are you people? I do still have your number. My investments are still on track. I'm not set up as a pro, yet. Just my own money so far. :-)
I'm Subcranium over on the SDCIA board. I post there now and then.
I'll probably post here now and then, too. Mostly just lurk all over the place in various financial blogs.
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Committee Member: Are you now, or have you ever been, a renter?
Joe: Sir, that is not a fair question.
Committee Member: That is a simple, fair question.
Joe: Yes. I rent.
Committee Member: America has offered innovative financing products for you to become a homeowner, a true American. Why did you refuse those opportunities?
Joe: It is because housing prices are detached from the fundamentals.
Committee Member: I see that you are an un-American fundamentalist. Why do you hate homeowners? Do you also hate motherhood and apple pie? Why do you reject Freedom?
Joe: I do not hate homeowners. I do not hate America. I embrace Freedom. Have you no sense of decency, sir?
* * *
Is renting inherently un-American? Do renters hate Freedom?
For entertainment only.
#housing