MMM-167: Mad Golfing Machine [30:44m]: Play Now | Play in Popup | Download

Topics in this week’s show include:

• CNBC Viewership PLUNGES y/o/y in October
• Golf is like investing. Investing is like golf.
• TOOLS: Bloomberg, Kitco Gold, Wunderground, PGA Tour, SportsTap, GolfShot all for iPhone and then the Dollar Index chart.
• AlphaShares launches China All-Cap Index and Claymore announces a matching ETF with symbol YAO
• GURU: Jim Rogers Bullish on China. Bearish on Bernanke. Bullish on Commodities. Bearish on the Dollar.

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 MMM-166: Excuses [31:54m]: Play Now | Play in Popup | Download

Topics in this week’s show include:

• A review of the Lazy Portfolios performance.
• Excuses of why no show.
• Ayn Rand’s Atlas Shrugged review and excerpt.
• I encourage you to read Inclined to Liberty
• I read http://Market-Ticker.org http://globaleconomicanalysis.blogspot.com http://lewrockwell.com and listen to Adam Curry’s No Agenda show.
• What would have happened if Neo had friends and family inside the Matrix? Would they have thought he was a kook when he tried to explain that the Matrix was a hoax?
• Is Fractional Reserve Banking evil?

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 MMM-165: It's Not Nice to Fool Mother Nature [28:34m]: Play Now | Play in Popup | Download

Topics in this week’s show include:

• It’s all fun and games until someone gets their eye poked out.
• GURU: Elliot Spitzer writes in Slate: Still A Chumps Game.
• TOOL: Trapster for the iPhone
• TOOL: GolfShot for the iPhone
• Would you accept $1 an hour to work at a car wash?
• It’s not nice to fool Mother Nature!
• Danny O’Keefe: Along for the Ride
• Coastline covers it too.
• Lazy Portfolios are on a tear for 2009!

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 MMM-164: Inflated Stocks [29:26m]: Play Now | Play in Popup | Download

Topics in this week’s show include:

• Google Chrome OS
• Golf, Tiger Woods, PGA Championship and iPhone app
• Water hazards, lateral water hazards, and where to drop. See rulesofgolf.com rule 26.
• Driver vs. 3-Wood
• Hitting driver off concrete sure hurt my back.
• Visit Glen Echo Park. Neat Art Deco styles. Visit Paul at the glassblower building.
• Why have stocks risen so much since March? I have the answer.
• Apple’s new Mac Tablet computer.
• Two iPhone Apps I wanted to write.

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 MMM-163: Twenty Lessons for the Next Generation [25:24m]: Play Now | Play in Popup | Download

Topics in this week’s show include:

• I sure wish Tom Watson had made that putt.
• Did Tiger Woods have an injured hand?
• I found my golf books.
• The story of the Pigeons. Don’t be a pigeon.
• DH podcast. Don’t they know why gold is money?
• Our two new kittens. One is "Mojo." The other? "Mystie?" We’ll see…

Twenty Lessons for the next generation:

1. 1. Don’t listen to the media. In fact, make a habit of turning off the TV. And if you must watch, at least skip the ads. All TV is trying to sell you something. Doesn’t matter what it is… news, business, comedy, sports. And if you have to be sold something, it is usually something you shouldn’t want. Especially CNBC. Don’t listen to politicians for the same reasons.
   2. Learn to think from the perspective from the other person not just yourself all the time. Do they really have your best interest at heart? Be wary of anyone to whom you are paying money. Doctors, dentists, lawyers, accountants, financial planners, realtors. You have to assume they did not go to the trouble of setting up their professional career just to help you personally or to be your friend. Also, think about what they may actually be needing. How can you help supply it?
   3. Think for yourself. Don’t let your peers con you into thinking math is boring, for example. Recognize peer pressure and revel in your ability to thwart it without being obnoxious.
   4. Try to do the opposite of the first three. Try to help people at a reasonable fee, don’t get into a position of having to sell something to someone.
   5. Don’t worship people: celebrities, actors, musicians, athletes, or even their ideas. As for people, they do not possess godlike powers. They are not smarter than you. Maybe they just worked hard on something. They do not deserve your worship. Instead, pay attention to the people you actually come in contact with. As for ideas, you may later learn you were wrong. Hedge your bets.
   6. Be selective in your friendships. There are different levels of friends: brother or sister, close, proximity, acquaintance. Make sure you choose brotherly and close friends that are good people. Still, don’t be disappointed if they sometimes disappoint you.
   7. If someone is angry with you, take a break before trying to calm them. Time heals.
   8. Don’t wait to be educated. There is just about nothing that you cannot learn on your own with all the resources available today. Books everywhere, blogs, online video. Before you sign up for classes, think about self-training first.
   9. Work hard. Nothing comes easy. 10,000 hours to get great. Work on the important things. Work on things that will have a meaningful result. If you are going to spend you time anyway doing something anyway, why not spend it on something that in the end you’ll have something? Guitar, piano, painting, golf, volunteering, building. Anything worth doing is worth doing right.
   10. Everything in moderation, even moderation.
   11. Set yourself up for happiness by setting your expectations low, then be pleasantly surprised if they are exceeded. Every year before we go to the beach we say, "It sure is going to be stinky weather this year."
   12. Watch out for one-way functions. You can’t unbreak glass. Pause before you make a long term commitment. Time shares. Club memberships. New cars. Cell phone plans. Subscriptions. Cable TV. Then don’t make it.
   13. Optimize delayed gratification. Most money should be saved. Yet you do need to have some fun today. Try to have fun in inexpensive ways. This can help smooth out pain of not having enough money or time later on to have fun. The more you do early in life, the harder it is to exceed it later.
   14. Learn the difference between food and candy. Eat food. Go to your local farmer’s market. Plant an earth box.
   15. Buy used. Houses, cars, golf clubs. But make sure you know the real reason they are selling.
   16. Be alert to things that might not go the way you expect. Car breakdown. Power outage. Sickness. Then be prepared.
   17. Take pictures. Your first car, your kittens, your friends, that special moment. iPhone helps here. Copy exceptional ones to a special folder.
   18. Learn about the time value of money. Learn what money is. Learn how to use money efficiently to maximize your lifelong happiness. Don’t spend beyond your means.
   19. Check your assumptions. Consider alternatives. Just because something has always been done that way does not necessarily mean it is the right way. Feel free to innovate.
   20. Embrace the freedom you do have. Recognize that most jobs make you a slave to someone. Even if you own your own business you are enslaved to your customers. All people have to be enslaved to something in order to get food: either hunt it, farm it, or trade for it. Try to find an enslavement that you can make fun.

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 MMM-162: Freedom in an Unfree World [37:30m]: Play Now | Play in Popup | Download

Topics in this week’s show include:

• Listen to EconTalk podcast interviewing Platt who took a job at WalMart
• Books Read:
  • Atlas Shrugged by Rand
  • Primal Body, Primal Mind by Gedgaudas
  • Stumbling on Happiness by Gilbert
  • Good Calories, Bad Calories by Taubes
• Bundanoon bans bottled water.
• the Myrtle Beach economic index
• iPhone 3.0 software improvements
• Wireless stereo bluetooth headset: Plantronics Voyager 855
• GulagWealthFund.com: Invest in the out of control government!
• Loss aversion in investing and in GOLF ! Link to the original study .
• Harry Browne: How I Found Freedom in an Unfree World .

Got Feedback? Try any one of these methods:

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• Take the MMM Survey

 

 MMM-161: Liar Test [19:53m]: Play Now | Play in Popup | Download

Topics in this week’s show include:

• Liar Test
• Myrtle Beach
• Martin’s PGA Tour Superstore golf simulators
• TOOL: Assetplay.net

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 MMM-160: Prosperity, Apocalypse, or Just Muddle Along? [35:16m]: Play Now | Play in Popup | Download

The Mad Money Machine is proud to advertise Index Funds Advisors at ifa.com

Topics in this week’s show include:

• 10-yr bonds selling off. What is the impact?
• Marc Faber is 100% sure of hyperinflation in US.
• We don’t like deflation?
• Watch Fat Head .
• Gold up, Dollar down.
• GM: Government Motors
• Word of the Week: Redoubtable.
• TOOL: Toodledo.com
• Not TOOL: RecessionBlocker.com
• REHAB: IFA Returns Matrix
• Royksopp: What Else Is There?

Got Feedback? Try any one of these methods:

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 MMM-159: The Gone Fishin' Portfolio [43:47m]: Play Now | Play in Popup | Download

The Mad Money Machine is proud to advertise Index Funds Advisors at ifa.com

Topics in this week’s show include:

• Opening Music: Covert Operation by Deathgunn
• Outliers says do something for 10,000 hours to be great.
• MMM Match Play Golf Classic (From Feb 2007)
• A Gold vending machine .
• Someone restocked our Geocache!
• Stock Pickin’ Blues
• GURU: Alexander Green and his Gone Fishin’ Portfolio
• REHAB: IFA’s amazing Flash charts.
• Emails from Rob, Martin, and Kevin.

Got Feedback? Try any one of these methods:

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 MMM-158: Avoiding the Cartels [30:34m]: Play Now | Play in Popup | Download

The Mad Money Machine is proud to advertise Index Funds Advisors at ifa.com

Topics in this week’s show include:

• HR 1207 is up to 162 co-sponsors. Make the Fed Cartel more transparent.
• MMM Word of the Week: Cartel
• Email from Ed that I answer on this show:
  Hi Paul,
  I’m a long time listener to your podcast. Thanks for putting out such great shows.

  I’m looking for a place to set up an IRA account and transfer my old 401-K plan. I looked at IFA’s web page and I have a couple questions.

  1. In the unlike event that IFA goes belly up will my investment be protected?

  2. Why should I go to IFA instead of signing up with a better known company like Merrill Lynch (yes they’re still around offering IRAs) or directly with Vanguard and cut out the middleman?

  Thank you
  Ed

• REHAB: I take you on a tour of IFA.com/Step1
• GURU: Warren Buffet says buy index funds.
• Didn’t hear today’s Paul Boyer Show? How to get it in iTunes: Go to the Podcasts section. Find Mad Money Machine. Click it. Then click Settings. Check Every Day. Don’t use Default. When New Episodes are Available: Download All. Episodes to Keep: ALL. Press OK.
• Then use the triangle to expand Mad Money Machine and if any are greyed out, press the Get button.
• My Active Investment Relapse: Puts on FAS.
• TOOL: Bloomberg on iPhone.

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 Paul Boyer Show, 15 May: Play Now | Play in Popup | Download

Topics in this week’s show include:

• My replacement Radius earphones arrived. Love ‘em. I used electrical tape to reinforce the junction points of the wires to the connectors.
• I’m looking forward to getting WIRELESS stereo earphones for my iPhone. (AH, I just now remembered, it needs to have a microphone too!)
• Google tasks keeps getting better. Now larger screen, hotkeys, calendar support. Need EXPAND/COLLAPSE though! Is there offline support?
• New Year’s Resolution: Lose 30lbs. I’ve lost 18 so far… SmartForLife.com is the place for info. Costco.com is the place to purchase (cheaper).
• PodShifter.com is working again. I like it.
• Our geocache got muggled.
• HP MediaSmart EX487 is great. Not perfect. But adding a 1TB drive to it was dumb-simple.
• We bought a portable screen room. Poor Man’s Florida Room.
• And more…

Music from music.podshow.com from Theory in Motion’s songs Perfect Day,  Wake Up. Kean Spiraling. Snow Patrol Take Back the City.

Got Feedback? Try any one of these methods:

• email: Paul AT PlanetBoyer DOT com
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