To start, we have the sad news that retired federal magistrate judge Dube passed away. Head over to DOM's blog where has up his post in 2013 about Judge Dube when he retired. Judge Dube was a wonderful and decent man, a pleasure to appear in front of, a Marine, and the kind of Miamian that made this city great.
There are 48 days left in 2025. Wow. And speaking of trials, that leaves the next two weeks, and the weeks of December 1, 8, and 15 to get those trials in. And it is never too soon to remind all of our readers on the very first and most important of Rumpole's rules for practicing law- never ever ever agree to allow a case to be set for trial the first week of the new year- and the first two weeks if you can help it.
What Rumpole is reading: Frozen River, by Ariel Lawhorn- a murder mystery novel taking place in Maine in the 18th century. Be prepared to be cold with the amazing descriptions of Maine's winter. The War of Art, by Stephen Pressfield. How does resistance manifest itself in myriad forms in the artist, and what the artist can do to overcome it. American Coach, The Triumph and Tragedy of Notre Dame Legend Frank Leahy, by Ivan Maisel. A Big Mess in Texas by David Fleming, about the 1952 Dallas Texans, the team, and Buddy Young's fight to become an NFL player and overcome his diminutive size and racism. Gettysburg: The Tide Turns, by Bruce Chadwick- an oral history of the battle at Gettysburg told though diaries, letters and firsthand accounts.
What Rumpole is watching- the new Springsteen Biopic Deliver Me From Nowhere, (naturally), and on Netflix- Death By Lightening- the series adaptation of the remarkable recent book about the election and assassination of President James Garfield. The first two episodes are superb.
A beautiful November weekend awaits, and perhaps a winner in this epic REGJB Survivor Pool battle.
8 comments:
Being Eddie is the biopic about Eddie Murphy. On Netflix.
My goodness Rumpole - we need your help in the stock market.
The VIX went over 23 today.
People are talking about a potential credit disaster as it pertains to all of the questionable borrowing to support the building of data centers.
SoftBank selling ALL of their billions in Nvidia. (** yet Warren Buffet just disclosed his purchase of billions in Google!)
Even Cramer is talking about perhaps the end of this bullish run in AI and a rotation of to the purchase of non AI stocks.
What will the Nvidia earnings disclose this Wednesday? Should I sell and take profits and sit on the sidelines?
It’s so confusing with the fed expected to lower rates 3-4 times this next year? But inflation could change all that. Tariff reversal by the Supreme Court.
Please help me figure this out!
Love your books. Reading an investment classic - The Education of a Speculator by Soros Trader Victoria Niederhoffer. Amazing, terrifying stories. Confirms why I’m only cut out for index funds.
President Trump is done with Representative Marjorie Taylor Greene.
Once one of Mr. Trump’s most reliable allies on Capitol Hill, the Georgia Republican has increasingly broken ranks with him, most notably by calling for the release of the Justice Department’s files about the convicted sex offender Jeffrey Epstein.
By Friday evening, Mr. Trump let the world know how he felt.
“I am withdrawing my support and Endorsement of ‘Congresswoman’ Marjorie Taylor Greene, of the Great State of Georgia,” he wrote on social media. Over the past several weeks, Mr. Trump said, “all I see “Wacky” Marjorie do is COMPLAIN, COMPLAIN, COMPLAIN!”
A 5% market correction in a bull run is very healthy. Ask if there are issues with your companies. SoftBank sold its Nvidia to invest in open AI. And what does open AI need? Nvidia chips. Watch capx for Meta Amazon Apple amongst others. They are spending spending spending. We are committed to AI. The ship has left the dock. It will be hard to turn back. AI is already writing briefs, doing memos, reading xrays, recoding meetings, designing buildings, monitoring power plants. It’s like it’s 1985 and you’re writing to me saying people aren’t sure about computers and maybe we should still invest in typewriter companies. Or 1990 and you’re saying those brick cell phones will be never catch on. Charlie Munger wrote that opportunity doesn’t come often and when it does you have to act. You know what makes you rich? It’s not buying 100 shares of Amazon in 1998 and holding it. It’s buying a 1000 shares a year from 1998 to 2010 when it mostly posted losses every year because you believed in the business model. It’s buying Apple when it’s nearly bankrupt and they bring Steve Jobs back. It’s buying Nvida this April when the shorts ran it down to 95 because of some stupid news about a Chinese chip that was better and cheaper. The motto of the British SAS IN WWII adopted by Israeli special forces is “who dares wins.” Dare to be wealthy. Or keep slugging it out in misdemeanor court for 750 a case 250 down. Your choice.
If you enjoy Frozen River, would strongly recommend the Martha Ballard biography, A Midwife's Tale by Laurel Ulrich.
Someone has to say this. Judge Dube was a really nice guy and was really fair.
I thought we did, but if we didn't you just did. And he was.
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