Atlas Shrugged

Is this where he explains how he did insider trading with his buddies until the laws changed and he couldn't anymore? And then how his investments became very mediocre human-like?

By the way, I'm not mad. It's just been interesting to learn about this history. Pretty wild actually.

GenericAggie said:

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Is this where he explains how he did insider trading with his buddies until the laws changed and he couldn't anymore? And then how his investments became very mediocre human-like?

By the way, I'm not mad. It's just been interesting to learn about this history. Pretty wild actually.

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LOL. Whatever you think chief. The principles make sense and work. Your envy of him or hate for his politics is unbecoming. And, before you start throwing "liberal" accusations , I believe Reagan is the second greatest President ( ford for him twice). Trump is numero uno (voted for him 3 times).

Pignorant said:

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The Bible.

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The story of the three men given Talents is very instructive. Two guys invested and had good returns for their master. The third buried it to "keep it safe."

Azeew said:

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GenericAggie said:

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Is this where he explains how he did insider trading with his buddies until the laws changed and he couldn't anymore? And then how his investments became very mediocre human-like?

By the way, I'm not mad. It's just been interesting to learn about this history. Pretty wild actually.

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LOL. Whatever you think chief. The principles make sense and work. Your envy of him or hate for his politics is unbecoming. And, before you start throwing "liberal" accusations , I believe Reagan is the second greatest President ( ford for him twice). Trump is numero uno (voted for him 3 times).

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I don't envy him nor hate him for any reason. Go watch the all-in podcast for. 2 weeks ago I think. Here's a bit more information for you.

The rule is Regulation FD (Fair Disclosure), enacted by the SEC in 2000.
Reg FD prohibited corporate executives from selectively disclosing material nonpublic information to individual investors a practice that had been entirely legal before 2000.
Before the rule, investors operated through "networks of information arbitrage," where CFOs would share undisclosed quarterly results in private conversations.
The impact on Buffett was notable. Venture capitalist Chamath Palihapitiya, speaking on the All-In Podcast, presented data showing that Buffett generated roughly twice the market's returns before Regulation FD's implementation in 2000 and that following its enactment, Buffett's performance advantage largely disappeared.
The argument is that Buffett's famous network of CEO friends and business relationships gave him access to insights and conversations that, while not strictly "insider trading" at the time, amounted to a significant informational edge. Once Reg FD leveled the playing field by requiring companies to disclose material information publicly and simultaneously to all investors, that edge evaporated.

GeorgiAg said:

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Pignorant said:

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The Bible.

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The story of the three men given Talents is very instructive. Two guys invested and had good returns for their master. The third buried it to "keep it safe."

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Not sure if it's true or not but a book I am reading now (don't recommend it but it's titled "Richer, Wiser, Happier") claimed that money was mentioned in the Bible more than God

permabull said:

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GeorgiAg said:

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Pignorant said:

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The Bible.

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The story of the three men given Talents is very instructive. Two guys invested and had good returns for their master. The third buried it to "keep it safe."

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Not sure if it's true or not but a book I am reading now (don't recommend it but it's titled "Richer, Wiser, Happier") claimed that money was mentioned in the Bible more than God

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AI says:

There are approximately 2,350 verses in the Bible that discuss money, possessions, and stewardship. This topic is mentioned more frequently than faith and prayer combined, with roughly 15% of all Jesus' recorded words dealing with money.

Key Facts About Money in Scripture:
High Frequency: Money is one of the most frequently discussed topics, with over 2,000 verses.
Jesus' Teachings: Jesus spoke about money in 16 of his 38 parables.
Core Themes: The verses focus on stewardship, the danger of loving money, honesty in business, and trusting God over wealth.

"God" (The Word): In the King James Version (KJV), the word "God" appears roughly 4,370 to 4,473 times.

"Yahweh" (The Personal Name): In the original Hebrew texts, God's personal name (YHWH) appears over 6,800 to 7,000 times. Most English translations render this as "LORD" in all capital letters.

Total References: When combining "God," "Lord," and other divine titles, there are approximately 10,000 to 12,000 references to the Deity throughout the Bible.

And of course Jesus, who is God, is mentioned 1,000 times or so. Plus sprinkle in a few more mentions of the Holy Spirit, the third part of the Trinity, and altogether God is mentioned more than money in the Bible.


It's not that money is more important than God, it's the fact that all money belongs to God. We're just stewards of some of His money while we're alive. It's important, so it gets a lot of coverage.

The Ascent of Money - Niall Ferguson

It's a history book, not personal finance, but I thought it was great.