Recent content by CaliforniaMan

  1. CaliforniaMan

    Executor's Fee

    I was executor of my mother's estate and chose not to take any fee. It was a pretty simple estate and I hired a lawyer to handle the paperwork. He wanted to charge the statutory maximum fee, I told him I would pay him his hourly rate, and he reluctantly agreed. (I guess no matter how simple...
  2. CaliforniaMan

    Self Driving Cars?

    I think I have read all the posts on this thread, very well thought out and lots of info. While I do believe that eventually SDC will come, we are clearly not there yet, and there is just so much hype from the SDC companies. From all I can tell the Tesla system is an really nothing more than...
  3. CaliforniaMan

    Dow 30k by June.

    Wonder where Mr. Amerman is coming from... "Dissatisfied with the conventional choices for investors, Mr. Amerman has spent a number of years in researching alternatives. Drawing upon his background outside the individual investor industry, he has developed an interrelated group of...
  4. CaliforniaMan

    New Blue Cross Idaho proposal

    The sad fact is that for many older people their medical care is just too expensive for reasonable premiums to cover. Better to get rid of them, insure the young. And if you are young, better stay young, because you are screwed when you get old. Why do we keep trying the same things...
  5. CaliforniaMan

    Couple sells all, buys boat, sinks

    From how obviously unprepared and under financed they were for their "dream," this accident may have saved their lives.
  6. CaliforniaMan

    Down Day in the Market !

    I think the part of your statement I bolded really says it all. We can use historical data to get us into the ballpark of reasonableness. But more than that we are just fitting to data, and not gaining any useful insight. Since the market really is not a stationary process, we can never have...
  7. CaliforniaMan

    Poll: How low will it go...

    Well, looks like the S&P500 closed at 2581 today, that is 10% down from its peak. I am still sticking with my guess of 30% down, hope I am wrong, but looks like a full blown panic now.
  8. CaliforniaMan

    Space - The Final Frontier

    I think a big reason for Spacex's success is not only in its ability to attract top talent, but in attracting top talent with real passion, similar to what NASA was able to do in its early days. Stock options and pay (actually I read he pays relatively little) can attract talent, but cannot...
  9. CaliforniaMan

    Poll: How low will it go...

    I meant to make it private, I guess I forgot to check that box. Maybe a moderator can fix it. I am assuming that in a public poll, anyone can see how you voted, and in a private one they cannot? Is that correct?
  10. CaliforniaMan

    Poll: How low will it go...

    Just for fun, how low will the current decline go before reaching the bottom. On my part, just a wild guess of course (I am usually wrong on my projections), but if the low interest rate environment that supported high multiples is coming to an end it means the high multiples will come to an...
  11. CaliforniaMan

    Friends are all broke!

    I think we have hit upon something here. In a lot of countries third base is missing. They don't have baseball. Japan has baseball and see how well they have done? We just got to start getting more people in more countries into baseball. Or maybe we should keep it quiet, and keep it...
  12. CaliforniaMan

    Friends are all broke!

    Yes I think they do that already, which is why they don't have any of that evil money sitting around in savings :coolsmiley:.
  13. CaliforniaMan

    March 9, 2009

    +1 Seems to me that two of the most important things one can learn in life is first, to stop listening to all of the opinions you see in the "news," and now that includes all those memes and "quotes" popping up in social media. And second, to be able to see whatever the current situation is in...
  14. CaliforniaMan

    Hot Water Heater Warning

    I must be really ignorant but I have never heard of a hot water heater in an attic. Lived in So. Cal. all my life and seen them in garages mostly or a separate ground level outside closet, but never seen one in an attic. It seems like such an insane idea to me. They all eventually fail, who...
  15. CaliforniaMan

    Is it a good time to buy pot stocks ?

    I'm confused why would your pot stocks get hammered? Don't you just have to unscrew the mason jar lid? ???
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