118210 Responseshttp://www.thedisciplinedinvestor.com/blog/2008/12/07/tdi-episode-86-we-wont-get-fooled-again/TDI+Episode+86%3A+We+Won%27t+Get+Fooled+Again+%212008-12-07+16%3A59%3A44laura716 to “TDI Episode 86: We Won’t Get Fooled Again !”

1. Walter Oldeck on December 8th, 2008 1:37 pm

   .

2. mini_snowball on December 9th, 2008 8:25 am

   I disagree with your sentiment that Obama’s plan isn’t weighted enough toward “cement and steel” projects. I think we need to look at a histo chart of the types of workers that were laid off before we decide what kind of jobs to create to meet the demand of our newfound cheap labor pool. There were a lot of suits packing office boxes too.

   Perhaps generating demand for tech workers also won’t be so unwise. At any rate, he may have only been attempting to appease tech corporations who might be missing the love with all the bailouts of other sectors these days.

   I also think you may be off the mark on the “use it or lose it” feature of the O-man’s plan…Hoover and FDR did the US great harm by dragging their feet. While we should spend our stimulus dollar wisely, I think getting more people earning and spending again as soon as possible is a key factor in how quickly we can turn things around and avoid a “lost decade” like Japan.

   Thank you so much for the podcast, it is very reassuring to form opinions about the market and then hear them from the mouths of informed men. I appreciate the honesty you bring to the table and the variety of guests you bring on the show from different parts of the market.

   Just so you know the little guys can play too, I’m up 23% since I began investing in October: welcome to the age of volatility.

   A quick question: what would you consider a reasonable commission load for a $10k capital gain?

   Trading in this whacky market has required me to make an ungodly number of trades (at least for a personal investor) and I’m curious what “normal” loads look like.

3. Andrew Horowitz on December 9th, 2008 11:33 am

   mini:

   I hear what you are saying. Just one point… We really do not know the details about the O plan. So I am just trying to dicipher. I am not sure if this if off base, but it appears that you are a big supporter. That is fine, but it does not mean that every plan is perfect… There is way too many problems for one plan to be all encompassing.

   Also, I do not recall stating that I was not happy with the weighting. I am not sure what the plan is , only speculating. Use it or lose it may make for states making decisions too fast. There is a lot of money at stake, who is watching???

   Commission, 10k? Not the right question… Per trade… Maybe you should lok at under $5 for active trading.

   Thanks for the comment

   Andrew

4. David B on December 9th, 2008 6:40 pm

   You mentioned you are shorting the mutual fund companies again on the show, LM, TROW and a third you would post on the site. Is the third BEN, as you have mentioned shorting with the other two in the past?

   Also, I thought that stocks at less than $5 were not marginable, and so you could not short them. Is this no longer true, or do you have to have a special brokerage account to short a stock less than $5.

5. Gabe on December 9th, 2008 11:48 pm

   AS with DAVID B I am also wondering if shorting stocks less than $5 is reasonable?

   But then again like you said in the early into the podcast Sykes, swims with the sharks.

6. jza on December 14th, 2008 8:05 am

   I just wonder what you meant by the O-rant. I mean what did you expect. Do you want him to promise paycheck raise?

   Would there be any political issue to announce national paycheck raise. Does inflation say something. Did you want him to provide a healthcare/education reward model?

   I just wonder what did you actually want him to say and why you could think that might had not been a good idea.

7. Nick Fogelson on December 15th, 2008 8:32 pm

   After the podcast i got interested in Tim Sykes. His techniques seem good and he has some good history, but there is a lot of bad press about him as well, even some that say that he is a fraud. The fact that he was on your show seems to be an endorsement of sorts from you. Your comments?

8. mini_snowball on December 30th, 2008 1:08 am

   I wouldn't call myself a huge Obama supporter…I voted against Palin, if anything, this year.
   I voted for him, but with my eyes open to his centrist tendencies and Wall St-friendly approach.

   I think most of the money that would be allocated to infrastructure projects has likely already been
   planned and that what we're really talking about is bolstering the muni bond market enough to keep things that are already in the works or about to break ground from being sunk by the dip in tax revenue from "the recent unpleasantness" as they say in the old south.

   In some sense, it doesn't matter where the money goes as long as it gets into the real economy and has enough of a multiplier to prime the pump. FDR's economy grew 9-10% between 32 and 34 and all he did was provide full employment for clowns, poets, and mural painters.

9. patrick on June 16th, 2009 10:24 pm

   Andrew: why are you such a socialist? You seem to really like government control and intervention.
   Yuck, dude!

10. Andrew Horowitz on June 17th, 2009 4:32 pm

    You have the wrong guy. Listen again

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