Posted by LAA on January 01, 2017 at 22:29:16 from (130.117.142.131):
In Reply to: Re: Investments 2016 posted by MarkB_MI on January 01, 2017 at 13:31:07:
Buffet has the Donalds stock market surge to thank for bailing him out of his poor 2016 bets, his portfolio has recovered 11 billion since Nov. 8th. The proof of this statement is indeed his bet on the S&P 500 as well as his support of H-er R-oyal C-onnivedness for POTUS, she would have crashed the extenstential market, bio's, tech, mining etc. and the S&P full of bankers, big oil and mega tech would have been licking their collective chops dreaming of the government bailouts and ''stimulous'' soon to be headed their way, minus kick-backs, of course. Another interesting fact about J.P. Morgan that no present day tycoon will ever equiponderate is his bailing out of the US government during the depression of 1893.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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