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John T. Reed’s news blog

‘Religious’ financial assets

Posted by John T. Reed on

I need a summary article on the assets that are religions. They are gold, bitcoin, and Amazon stock. I use the word religion here to describe fervently held beliefs that are based on faith, not on facts or logic. I hasten to add that in both the more common use of the word religion (centered on a supreme being) and this use, the adherents to the religion swear that they DO have facts and logic.   I have a detailed article about why gold is a lousy hedge against inflation: https://www.johntreed.com/blogs/john-t-reed-s-hyperinflation-deflation-blog/60940227-disadvantages-of-gold-as-an-inflation-hedge Bitcoin Do I have an article on bitcoin? I...

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Straighten West Point out or create a competing college that does it better

Posted by John T. Reed on

West Point has long had a Board of Visitors. It is a group of non-West Pointers designed to offset the quite rightly identified inbred nature of the place. But they must be a Board of Lap Dogs. In all my 53 years as a West Pointer, I have never heard a peep out of them. They have an annual meeting where they rubber stamp the current supe. West Point needs another board of grads who know the place and how it is supposed to work and who will raise hell about West Point losing its way.Curent issues:• football record and standards...

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Peoples who would rather die than admit their culture is flawed

Posted by John T. Reed on

I am reading a book titled Getting Risk Right as research for my book How to Spot dishonest arguments and Keep Your Own Thinking Straight. It is a book about medicine. I just finished the chapter on Aristolochia—a Chinese herb and an Eastern European weed.It kills people but so slowly that it took centuries to figure that out. And those who figured it out had to overcome a ton on Eastern Hemisphere cultural bull!@#$.There was a higher incidence of a certain kidney disease in Yugoslavia and Taiwan—China too, but they do not publish the stats that would reveal it.Then a...

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Comments on the LTC Heffington and West Point superintendent letters

Posted by John T. Reed on

I have just seen a letter from the West Point superintendent about the open letter sent by retired LTC Heffington. Here is Heffington’s letter then the supe’s then my comments on both: Open Letter to Grads from LTC(ret) Heffington: (This was written by LTC (USA, ret.) Robert M. Heffington, as an open letter to graduates of the United States Military Academy at West Point. It has only been edited for format, and may differ in that respect from the original. My apologies to Lt. Colonel Heffington if this has been misrepresented in any way) Dear Sir/Ma’am, Before you read any...

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front matter for How to Manage Residential Property for Maximum Cash Flow and Resale Value, 7th edition

Posted by John T. Reed on

How to Manage Residential Property for Maximum Cash Flow and Resale Value How to maximize your income and minimize expenses and hassles. by John T. Reed www.johntreed.com Copyright © 1985, 1988, 1989, 1991, 1995, 1998, 2003, 2010, 2016   By John T. Reed, All rights reserved.   Published by John T. Reed 342 Bryan Drive Alamo, California 94507 925-820-6292   Manufactured in the United States of America   Other material by John T. Reed Visit www.johntreed.com About the author John T. Reed was a landlord for 23 years. He has been a real estate writer since 1976. He has invested...

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