Bogleheads

"Starting in May, it will also sail to the Western Caribbean, including Labadee, Haiti and Cozumel and Costa Maya in Mexico."

Haiti? I suppose they are building a fake HaitiWorld for the ...

In the same post I quote Fama about those with talent beating the market.
An idea which he later rejected.
Do you have any evidence for this statement? I've never seen him reject that idea.
http:/ ...

Bleeding was once a common treatment for ailments. So was eating mercury. Based on available information at the time, these remedies were probably chosen because their alternatives were believed to ...

I also like illiquidity as an explanation of why small stocks have outperformed, but on value stocks outperforming I'm more inclined to think it's some combination of naivete among the non-pros (i.e., ...

Interesting that the Wikipedia entry presents not only Shiller's work on cross-temporal valuation (in the form of a graph) but also the "value premium" as "problems" for EMH:

...

If everyone were flipping coins, nearly half would beat the average. But the number is people who have beaten the market over their investment lifetime is not just the number you would expect to do ...

Alex, what time period are you talking about when you say "the original assumption"?

In this post http://www.bogleheads.org/forum/viewtopic.php?t=45622 I give a quote from the late 1800s ...

We've been this road so many times before.

Yes, EMH is untestable. But that completely misses the point. EMH is just one of the possible suggestions, albeit the most plausible, for something that ...

http://www.despair.com/somevedi.html
Smile

The model is perfect.

http://site.despair.com/images/dw/m/socialmedia.jpg

CEO compensation is on the list of unacceptable topics.

Unless it's investing related. I'd like to see someone comes up with a ETF that excludes companies with overpaid execs.

forex trading - such as http://fxtrade.oanda.com/forex_trading/fxtrade/ - allows the extremely large amounts of leverage you will need to get rich quick. Of course, high leverage means very little m ...

This is a well-known and longstanding problem with funds based on the Russell small cap indexes. Well it wasn't a problem when the indexes were introduced in 1984 because there were no small cap inde ...

Is there anything we can do on our own (and is safe) so that we start around 7:0 AM and are back at the airport by 11:00 or so, just to give us some time to go through the security and everything.
Yo ...

For a very short visit, I agree with DaveH. The Van Gogh museum is small and focused enough that you can spend an hour or two and not feel like you've missed everything. I'd also recommend a [url=ht ...

Hey, no personal attacks.

I'm only leaving this up because that's a really cool picture.

That was a great interview. And it had some surprises - I didn't know that you are a reformed newsletter writer Very Happy

see http://www.epinions.com/review/Holland_Tours_Schiphol_epi/content_482275069572

Here's the company mentioned in the review: http://www.hollandtoursschiphol.com/

Here's another, I have no idea ...

It's a terrible idea. The intrinsic value of gold - what it would be worth based on production costs if valued solely for its industrial and cosmetic uses - is in the $200 - $300/oz range. All of the ...

There's always the chance that Larry will return. He also took a lengthy hiatus, for much the same reasons, when we were at Morningstar.

However I have to see his departure as a failure on my part ...

http://www.bogleheads.org/forum/viewtopic.php?t=20294
Questions on specific medical conditions are beyond the scope of the forum. If you are looking for medical information online, I'd like to sugge ...

Did the M* VG Forums have off-topic discussions? What do the figures look like if we took out the lounge section? Laughing

We did have OT consumer discussions on M*, also discussions on local chapter ...

I removed this post temporarily because it does look suspicious, but I've exchanged messages with the OP and it appears his question is legitimate. So let's work off the assumption that it is. The m ...

Pantheon, St. Peters, Galleria Borghese (and the surrounding gardens). Other than that, spend your time walking and eating. The walking part should take you to the Trevi Fountain, Piazza Navona, the ...

More options -

Check with the alumni office of your university (if applicable). Alumni membership at some level often gives you library rights.

Universities often grant some sort of temporary p ...

Congrats to Phoenix who got the ball rolling and everyone who has contributed since.

My vote made it exactly 1 each for 0-6. Which is pretty cool.

If you could get $3000 by driving a couple hundred miles, would you do it? That's at least what you are prepared to overpay for this used car just so you can buy it from your local dealer.

Send an ...

Probably my most played CD is The standard by which all else is judged! As a classical guitarist for over 25 years, I can assure you this is the definitive classical guitar recording of the 19th sic, ...

I also agree with the responses above that it makes no sense for you to hold a mortgage unless your savings are getting over the mortgage's 4.875% (or 3.5% if your non-mortgage deductions exceed the s ...

You don't need stocks since it will take over 40 years for your savings to run out. But you don't need to avoid them either, and I can't see why an advisor would counsel you to give up any chance at ...

Another Bernstein article - http://www.efficientfrontier.com/ef/100/rebal100.htm
So, what can we conclude from all this?

- Monthly rebalancing is too frequent.

- There are small rewards to i ...

...It's just that sometimes we will make the mistake of crossing that sensitive line and maybe someone sensitive may post a complaint to the moderators. ...

One more warning and I will b ...

Everyone is talking about cap rate, but unless I've missed it, no one has reported TREA's current cap rate.

Does the following give its current cap rate? I multiply net investment income for the ...

No personal attacks please.

Hey, even if Cutler is Rex Grossman II, I'm still happy to see the back of Orton. Nothing is worse than knowing that your offense has no chance of making up a 14 point deficit with less than 45 minute ...

Neither were banned. I expect Valuethinker will be back in another week or so. I have no idea about Larry.

PiperWarrior just burned out. It's extremely tough to do what he was doing and keep up ...

Imagine a genie appears and grants you (and you alone) the guaranteed fixed account option.
I wouldn't take the offer. If literature tells us anything, it's that you can't trust a genie. You'll go, ...

Interesting responses. It's the requirement to give up all other types of investing that makes it so hard. Without that, the answer has to be pretty close to the current rate of 30-year treasuries. ...

I'm on it and easy to find since I use my real name both here and there. But I don't use it except as a way for people to get in touch with me if they don't have my e-mail address. And even that's p ...

MPT says prices are always right at any current time.

MPT says no such thing.

First... The "prices are always right" shibboleth is an, often deliberate, misstating of the Efficient Ma ...

I think I probably just need to buy a less expensive car...
Don't take loans for depreciating assets (i.e., anything other than education and a house). You said that you got a generous offer from th ...

You asked for it, you got it.

MPT says prices are always right at any current time. I don't think anyone believes that any more. Only an idot could believe that the prices for houses in 2006 were right or an accurate measure of ...

It does not take hyper-inflation or a Mad Max world for gold to rise in value, only an uncertain world. Just look at some of the trends of the past ten years.

• Upside down demographic pyramid ...

you want put 10% and don't put any more into it. But when rebalancing, should you take money out of the active portfolio? If not, then suppose you continually do well; then at what % would you think ...

I moved your post to the appropriate forum.

I have deleted several posts that had nothing to do with the original question and were in violation of the forum's ban on political and/or economic policy posts.

Avoiding issues like this is yet another argument for the use of index funds.

http://www.nytimes.com/2009/11/11/business/11bear.html?hp#
Two former Bear Stearns hedge fund managers were found not ...

Alex, I am a Packer fan. It is not the Quarterback. It is the decisions of management. As dumb as the Bears management team of Jerry DiAngelo and Lovie Smith is they cannot match the incompetency of t ...

It's not wikipedia. It's a reference section and companion to this forum that uses wiki software for ease of editing and collaboration. It does espouse a certain [url=http://www.bogleheads.org/wiki/B ...