Baron's Book Club...est January 1, 2023.

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Baron Samedi said:
That's a deeper hole than you might think.

This book, Broken Money, is a Macro economic perspective, but what little I do know about things like trading, you have to start with Macro.

Best of luck trading...but beware....there is an old adage, 90% of traders lose 90% of their money in 90 days, and in my experience, that's true....not an exaggeration.

If you do get involved in trading, my one little bit of not financial advice is "Get long, get paid". The longer your time horizon the less risk you assume. And don't do leverage, that's pretty much how traders end up getting Rekt. The real secret is buy when buying feels bad and, sell when selling feels bad, and never try to catch the top or the bottom because you'll miss it.

There is a certain trader I follow, amongst many, who has a mantra......"Buy big green candles, win big red dildos". Don't FOMO into things that have already taken off. Just look for the next one that hasn't taken off yet.
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FOMO is deadly
 
I am reading Masters of the Air by Donald Miller. I know that there is a series on AppleTV. But I decided to read the book before going on a free trial to watch series.
I read Band of Brothers after seeing the series and there was a hell of alot more information in the book that was left out of series.
This book is long, 521pages in small print. So much information that's it hard to put down. The Eighth Airforce had the highest casualty rate of any branch of the service in WW2. That includes, Army, Navy, and Marines. The percentage of Eighth Airforce killed, wounded, or captured was higher than all those branches.

I'm a Vietnam veteran and don't consider myself a coward. But I don't know if I would have made it to a second mission after experiencing the first mission. Yet these crews had to fly 25, later 30, missions before they were sent home.

The names that come up as people who actually flew missions, Tom Landy, Clark Gable, Jimmy Stewart, Chuck Yeager and several other well known people.

I recommend highly to anyone interested in what that generation of Americans went though. It does not gloss over the racial prejudice and segregation of the time either.
EDIT: I just noticed that I spelled Eighth Airforce wrong, twice. How the hell can I read over 400 pages about the Eighth Airforce, and spell it wrong, twice.
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ParanoidPatriot said:
I am reading Masters of the Air by Donald Miller. I know that there is a series on AppleTV. But I decided to read the book before going on a free trial to watch series.
I read Band of Brothers after seeing the series and there was a hell of alot more information in the book that was left out of series.
This book is long, 521pages in small print. So much information that's it hard to put down. The Eight Airforce had the highest casualty rate of any branch of the service in WW2. That includes, Army, Navy, and Marines. The percentage of Eight Airforce killed, wounded, or captured was higher than all those branches.

I'm a Vietnam veteran and don't consider myself a coward. But I don't know if I would have made it to a second mission after experiencing the first mission. Yet these crews had to fly 25, later 30, missions before they were sent home.

The names that come up as people who actually flew missions, Tom Landy, Clark Gable, Jimmy Stewart, Chuck Yeager and several other well known people.

I recommend highly to anyone interested in what that generation of Americans went though. It does not gloss over the racial prejudice and segregation of the time either.

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Thanks - I just put a hold on it and will pick it up at local library today or tomorrow (it's on the shelf).
 
TipRoast said:
Thanks - I just put a hold on it and will pick it up at local library today or tomorrow (it's on the shelf).
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That is how we get our books. My wife is an avid reader. She reads fiction mostly but is never without a book to read.
The library has an exchange program so if they don't have a current book, they get it from another library.
I'm more of a non-fiction reader.
 
There has been a mystery about the death of Glenn Miller. The semi official story is that his plane, going from England to France, iced up and the engines shut down crashing and sinking the plane in the English channel.

However, several bomber crews have a different story. When they went on a mission and they could not drop their bombs on the intended target, they were to drop their bombs in the English channel before landing.

More than one crew member say that they saw a plane flying at a low altitude and off coarse below their planes. Bombs were being dropped and the saw the plane explode.
The government denies that story mainly because they don't want a well known celebrity's death to be from friendly fire.
 
ParanoidPatriot said:
There has been a mystery about the death of Glenn Miller. The semi official story is that his plane, going from England to France, iced up and the engines shut down crashing and sinking the plane in the English channel.

However, several bomber crews have a different story. When they went on a mission and they could not drop their bombs on the intended target, they were to drop their bombs in the English channel before landing.

More than one crew member say that they saw a plane flying at a low altitude and off coarse below their planes. Bombs were being dropped and the saw the plane explode.
The government denies that story mainly because they don't want a well known celebrity's death to be from friendly fire.
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So he was basically Pat Tillman-ed before Pat Tillman was Pat Tillman-ed.
 
HSanders said:
So he was basically Pat Tillman-ed before Pat Tillman was Pat Tillman-ed.
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I guess you could put it that way.
People do get shocked about friendly fire incidents. In fact they are not unusual in war. The invasion of Sicily had several planes carrying paratroopers shot down by US antiaircraft. The Normandy breakout had US bombers dropping bombs on US ground troops killing a couple of hundred.
 
I'm working on the last David McCullough work that I hadn't got to... The Wright Brothers. Outstanding so far as would be expected.
 
The book that I read prior to Masters of the Air was Taking Midway by Martin Dugard.
I can't recommend the book. I really didn't learn anything new about the battle for Midway.
I did learn however, that those island had hundreds of thousands of osprey. In the early 1800's osprey poop was valuable as heating fuel like coal. Ships would come to those islands and load up with baked poop then bring it back to the States.
 
Just finished Broken Money by Lyn Alden...

I consider it essential reading for anyone who wants to understand the current economic/financial system and why day to day living seems to be getting harder and harder, and why it ain't gonna get any better any time soon......(UNLESS...there is some hope and solution toward the end, but the current broken system has to play out to the end first, meaning a lot of pain and suffering, because vested interests that built the current system thrive on it, and will starve and die without it, so they will prop it up as long as they can).

If you want to know where we are, how we got here, how the system functions, where we are going, how it will impact you, and how to Unfuck Your Future, ESPECIALLY for Gen Z, this should be your bible study.

Just my opinion, of course.

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I am now reading The French & Indian War, Deciding the Fate of North America. By Walter R. Bornman
It was also known as he 7 Years War. The author believes that it was the first global war. It involved, England, France, Spain, The Austrian Empire, Prussia, and to a lesser degree Russia. Battles were fought in North and South America, Caribbean Islands, Europe, Africa, and even the Phillipines.
It was responsible for the American Revolution. For the first time the colonies had put together large militias who operated concert with the British Army but with their own officer corps.

One thing the colonials learned that the British officer corps were made up of men from that aristocracy and many weren't very competent. They bought their commissions into the Army. Many were very arrogant and soft.

Anyone who doubts George Washington's toughness, needs to know that he had a severe case of hemmoriods and as an officer still road his horse on Braddocks long march from Virginia to what is now known as Pittsburg.
 
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Just finished re-reading the Original Steig Larson Millenium Trilogy, Pure entertainment and beautifully constructed conspiracies. Nordic Noir is a distinctive genre.

Cheers
 
BostonTim said:
Just finished re-reading the Original Steig Larson Millenium Trilogy, Pure entertainment and beautifully constructed conspiracies. Nordic Noir is a distinctive genre.

Cheers
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I've never heard of Nordic Noir. Sounds very interesting.

I'm sort of a fan of Nordic culture, history, and lore.
 
Baron Samedi said:
I've never heard of Nordic Noir. Sounds very interesting.

I'm sort of a fan of Nordic culture, history, and lore.
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having read Nordic Noir voluminously of and way beyond Steig Larson --- don't expect Viking Warrior-Times Noir

expect gruesome death in unimaginable ways, twisted beyond twisted sex and other depravities of unspeakable terror all set in currrent timeframes :lecture:

what else would you think comes from minds that endure dark, dark unforgiving Winter fueled by exclusively by alcohol 9½ months of every year :unsure:

:biggrin:
 
RoadGrader said:
having read Nordic Noir voluminously of and way beyond Steig Larson --- don't expect Viking Warrior-Times Noir

expect gruesome death in unimaginable ways, twisted beyond twisted sex and other depravities of unspeakable terror all set in currrent timeframes :lecture:

what else would you think comes from minds that endure dark, dark unforgiving Winter fueled by exclusively by alcohol 9½ months of every year :unsure:

:biggrin:
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I love it when you talk dirty...🥰
 
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