In whatever asset class...

sell when price drops below 200 day moving average

buy when price rises above 200 day moving average

money sold goes into t-bills

Significantly less downside risk; approx. same or slightly greater return.

Did I get that right?

Really good info about the difference between how banks and brokers control your money.

Covered call ETF

low volatility

A sell signal is flashing on Buffett’s favorite indicator.

MarketWatch: Warren Buffett said this metric signaled the 2001 crash — now it’s sounding the alarm on global markets.
https://www.marketwatch.com/story/warren-buffett-said-this-metric-signaled-the-2001-crash-now-its-sounding-the-alarm-on-stocks-around-the-world-2020-08-12

Thank the stock market activity of senators.

United Corporations of America are getting recovery money and expecting to get through this crisis okay...I'm not hearing the same from our working neighbors. They struggle to get support money.

That was a great interview in that they let Thorp talk. Lots of wonderful stories involving well known people. Fascinating.

Leverage can work for you or against you. The price of your purchase should have nothing to do with decision to sell.

Munger's responses were frank & straight to the point, no fluff or hype, which seemed to throw the interviewer off track a bit.

Charlie really likes how Singapore developed and is run.

In a previously unpublished article, the late Vanguard founder Jack Bogle makes the case for a low-cost, broadly diversified portfolio of just two index funds. Adjust the risk level for your age, and let capitalism do its thing.