What Experts Say About Various Investing Topics

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Taylor Larimore
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What Experts Say About Various Investing Topics

Post by Taylor Larimore »

Bogleheads:

I began investing in 1950 at the age of 26 when the S&P 500 stocks were under 20. Today, on my 91st birthday, The S&P 500 Index is over 2,000 (not including dividends).

Nearly everything I know about investing I learned from experience, reading, and listening to experts who know much more than I do. This is my ninety-first birthday gift to you:

What Experts Say About:

Asset-Allocation and Diversification

Jack Bogle

Costs

Indexing

Individual Stocks vs. Mutual Funds

Market-Timing

Past Performance

Simplicity

Stay-the-Course

The Three Fund Portfolio

Total Market Index Funds

You will find more valuable quotes here: Investment Gems

Best wishes.
Taylor
Last edited by Taylor Larimore on Wed Feb 09, 2022 1:00 pm, edited 2 times in total.
"Simplicity is the master key to financial success." -- Jack Bogle
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Sheepdog
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Re: WHAT EXPERTS SAY

Post by Sheepdog »

Thank you, Taylor, for your wisdom. Thank you for caring for us. Thank you for your birthday present to us. God bless you.

HAPPY BIRTHDAY
Unless you try to do something beyond what you have already mastered you will never grow. (Ralph Waldo Emerson)
peppers
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Re: WHAT EXPERTS SAY

Post by peppers »

What Experts Say

Happy Birthday Taylor
"..the cavalry ain't comin' kid, you're on your own..."
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Re: WHAT EXPERTS SAY

Post by Levett »

Happy Birthday, Taylor.

Lev
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sleepysurf
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Re: WHAT EXPERTS SAY

Post by sleepysurf »

Happy Birthday Taylor! I forwarded this to my twenty-something year old kids. I hope to be likewise giving out sage financial advice when I'm 91!
Retired 2018 | currently ~64/33/3 (partially sliced and diced, with a slowly rising equity glide path)
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patriciamgr2
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Re: WHAT EXPERTS SAY

Post by patriciamgr2 »

Happy Birthday, Taylor! How wonderful (& very much in character) that you celebrate with a gift to us! Best Wishes
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HueyLD
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Re: WHAT EXPERTS SAY

Post by HueyLD »

...........
Last edited by HueyLD on Sat Feb 07, 2015 12:08 pm, edited 1 time in total.
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nedsaid
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Re: WHAT EXPERTS SAY

Post by nedsaid »

Pretty much the lesson is to stay invested. That is amazing performance over a lifetime to go from 20 to 2,000 plus dividends. That is a pretty powerful perspective.

By the way, Happy Birthday Taylor!!
A fool and his money are good for business.
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Re: WHAT EXPERTS SAY

Post by mickeyd »

HBD Taylor.

BTW, thanks for getting the S&P to bump up almost 100X! Keep up the good work.
Part-Owner of Texas | | “The CMH-the Cost Matters Hypothesis -is all that is needed to explain why indexing must and will work… Yes, it is that simple.” John C. Bogle
Fallible
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Re: WHAT EXPERTS SAY

Post by Fallible »

Taylor,

From your link to "Simplicity" is this from Jack Bogle: "Simplicity is the master key to financial success." In a way, you and Jack are 'master keys' to the financial success of the Bogleheads.

Thank you and Happy Birthday!

Fallible
"Yes, investing is simple. But it is not easy, for it requires discipline, patience, steadfastness, and that most uncommon of all gifts, common sense." ~Jack Bogle
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Re: WHAT EXPERTS SAY

Post by ObliviousInvestor »

Happy Birthday, Taylor!

Thank you for putting this together.
Mike Piper | Roth is a name, not an acronym. If you type ROTH, you're just yelling about retirement accounts.
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Toons
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Re: WHAT EXPERTS SAY

Post by Toons »

:thumbsup Thanks!
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee
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Re: WHAT EXPERTS SAY

Post by Silence Dogood »

Happy birthday, Taylor!

You're a gem.
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Miriam2
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Happy Birthday Taylor!

Post by Miriam2 »

[Thread moved into here, see below. --admin LadyGeek]

Happy Birthday Taylor!
We love your posts of wisdom!
In case others missed your current post, it is here in the "What Experts Say" thread.
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runner9
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Re: Happy Birthday Taylor!

Post by runner9 »

Miriam2's reference is linked here: http://www.bogleheads.org/forum/viewtop ... 0#p2349140

Happy birthday for sure!
Triple digit golfer
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Re: Happy Birthday Taylor!

Post by Triple digit golfer »

Happy Birthday to a great guy! They just don't make 'em like Taylor anymore. Respectful, kind, and courteous.

Best wishes for a great birthday and many more, Taylor!
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Re: WHAT EXPERTS SAY ABOUT

Post by msi »

Have a happy birthday, Taylor! :sharebeer
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Re: WHAT EXPERTS SAY ABOUT

Post by mlebuf »

Happy Birthday, Taylor! You are the king of the Bogleheads and a prince of a man. Your knowledge and leadership on this form is priceless.
Best wishes, | Michael | | Invest your time actively and your money passively.
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Re: Happy Birthday Taylor!

Post by selftalk »

Happy Birthday Taylor and thanks for helping all of us out here to the best of your ability.
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Re: Happy Birthday Taylor!

Post by Steve K »

Happy Birthday Taylor, thank you for the help you provide us all.
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Re: WHAT EXPERTS SAY ABOUT

Post by Zhen »

Thank you, Taylor, for keeping helping and teaching us!

Happy birthday!

Best Regards,
Zhen
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Re: Happy Birthday Taylor!

Post by staythecourse »

I am sure I speak for everyone when I say this board would not be the same without all your contributions!

Happy Birthday!
"The stock market [fluctuation], therefore, is noise. A giant distraction from the business of investing.” | -Jack Bogle
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Re: WHAT EXPERTS SAY ABOUT

Post by mbres60 »

Thank you Taylor for all your help and wisdom.

Happy happy birthday to you!
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Re: Happy Birthday Taylor!

Post by stemikger »

Happy Birthday Taylor! Have a wonderful day!
Choose Simplicity ~ Stay the Course!! ~ Press on Regardless!!!
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BrandonBogle
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Re: Happy Birthday Taylor!

Post by BrandonBogle »

Yes, yes. Three cheers for Taylor! Happy Birthday and thank you for all your insights and guidance!
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Re: WHAT EXPERTS SAY ABOUT

Post by LadyGeek »

I moved Miriam2's thread into here.

Happy Birthday, Taylor!

Update: I linked all 7 of Taylor's threads back to here.
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Re: WHAT EXPERTS SAY ABOUT

Post by baw703916 »

Happy Birthday, Taylor!
Most of my posts assume no behavioral errors.
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WHAT EXPERTS SAY ABOUT

Post by shawcroft »

HAPPY BIRTHDAY, TAYLOR!
It was a delight to have met and spoken with you in 2013 and I hope to have the opportunity again
Best regards,
Shawcroft
Last edited by shawcroft on Sun Jan 25, 2015 4:52 pm, edited 1 time in total.
Azathoth
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Re: WHAT EXPERTS SAY ABOUT

Post by Azathoth »

Happy Birthday Taylor!
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hornet96
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Re: WHAT EXPERTS SAY ABOUT

Post by hornet96 »

Happy birthday Taylor! Your contributions to this community and the broader investment world are immeasurable. I always click on any of your original threads when I visit this website, and I suspect many others do the same as well.

Cheers! :sharebeer
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Re: WHAT EXPERTS SAY ABOUT

Post by Day9 »

Thank you, Taylor. Happy birthday!
I'm just a fan of the person I got my user name from
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Re: WHAT EXPERTS SAY ABOUT

Post by richard »

Happy Birthday!

Best wishes
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Re: WHAT EXPERTS SAY ABOUT

Post by flyingaway »

Did someone say that we should not listen to the experts on CNBC?
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Re: WHAT EXPERTS SAY ABOUT

Post by RyeWhiskey »

Thank you Taylor and happy birthday! I, too, started investing at the age of 26 and as of now, two years later, I not only don't know what the S&P was when I started but don't know what it is now and nor do I care. With a healthy savings plan and my investments indexed at low cost for the long run, I owe this willful ignorance to you and this forum. And that is my birthday gift to you, sir. :beer
This post was brought to you by Vanguard Total World Stock Index (VTWSX/VT).
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Re: WHAT EXPERTS SAY ABOUT

Post by bowtie »

Looking forward to reading them.
Happy birthday, Taylor!
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Re: WHAT EXPERTS SAY ABOUT

Post by dolphinsaremammals »

Image
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Re: WHAT EXPERTS SAY ABOUT

Post by Mel Lindauer »

mlebuf wrote:Happy Birthday, Taylor! You are the king of the Bogleheads and a prince of a man. Your knowledge and leadership on this form is priceless.
I'll add my thoughts and good wishes to yours, Michael, and complete the loop of the "Three L" authors of The Bogleheads' Guide to Investing (Larimore, Lindauer and LeBoeuf).

I called Taylor earlier today and sang Happy Birthday to him in my best "blackbird" voice.
Best Regards - Mel | | Semper Fi
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Re: WHAT EXPERTS SAY ABOUT

Post by Bulldawg »

Taylor ,
I know you have a " house that Jack built "

I have a nice " portfolio that Taylor built "

In addition to the peace of mind that comes from following the wisdom of the bogle heads

Happy Birthday and God Bless !
" IN GOD WE TRUST " ( official motto of the United States )
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Re: WHAT EXPERTS SAY ABOUT

Post by grabiner »

Bulldawg wrote:Taylor ,
I know you have a " house that Jack built "

I have a nice " portfolio that Taylor built "

In addition to the peace of mind that comes from following the wisdom of the bogle heads

Happy Birthday and God Bless !
Happy Birthday!

I also live in a House that Jack Built, inspired by Taylor's quote. It is the only time I have spent a large portion of my portfolio, and thanks to the Boglehead principles (low costs, tax loss harvesting, index funds for taxable accounts), I got to keep almost all of my investment gains when I made the down payment.
Wiki David Grabiner
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Re: What experts say abount [various investing topics]

Post by Sents »

Happy Birthday Taylor. I'm proud to share the same birth date as you (but definitely not the same year <--- 1988)!
Don't only practice your art, but force your way into its secrets. For it and knowledge can raise men to the divine. | L. Beethoven
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Re: What experts say abount [various investing topics]

Post by TomTX »

Happy Birthday, Taylor!
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Re: What Experts Say [about various investing topics]

Post by steve roy »

I would say, "Many Happy Returns," but it appears that Jack Bogle and Vanguard have already given you those.

HAPPY BIRTHDAY!
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Re: What Experts Say [about various investing topics]

Post by SailingAway »

Taylor,
Great to meet you the other day and really enjoyed our lunch with all your friends. Clearly you are an inspiration to many both here on Bogleheads and otherwise as well. Thank you for all you do and the rudder you provide to this board. Your direction here is clearly appreciated by many and you have positively affected innumerable lives.

Happy Birthday again and hope maybe can do it again next year!!

Fair winds and following seas my friend.

Cheers :sharebeer
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Re: What Experts Say [about various investing topics]

Post by oldzey »

Happy Birthday, Taylor!

Chinese Proverbs say: "To know the road ahead, ask those coming back".

Thank you for sharing your wisdom and experience with us!

oldzey
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman
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Re: WHAT EXPERTS SAY ABOUT

Post by Norris »

shawcroft wrote:HAPPY BIRTHDAY, TAYLOR!
It was a delight to have met and spoken with you in 2013 and I hope to have the opportunity again
Best regards,
Shawcroft

Me too! Happy Birthday, Taylor!

Norris
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Re: What Experts Say [about various investing topics]

Post by gailcox »

Looks like I am late to this party!!

Happy Birthday, Taylor! Here's to many, many more and I hope to see you soon! You've been very helpful to me over the years of our friendship!

Gail

P.S. I also called Taylor today and sang HB to him! I cannot sing worth a dang, but I gave it my best go!
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Re: What Experts Say [about various investing topics]

Post by second-guesser »

Happy birthday Taylor.
Recently I had lunch with my best friend Dad's two
good friends. Like you , they both served in WWII
and both were doing great. I thought of you when
I met them , the only difference is that they
were a few years older than you .

Thanks for all you do for so many investors.

S-G
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Re: What Experts Say [about various investing topics]

Post by sschullo »

Was a pleasure meeting you a couple of years ago and saying all of those nice things about our book.
Happy birthday.
Steve
Never in the history of market day-traders’ has the obsession with so much massive, sophisticated, & powerful statistical machinery used by the brightest people on earth with such useless results.
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Re: What Experts Say [about various investing topics]

Post by Sbashore »

Thank you Taylor and Happy Birthday!
Steve | Semper Fi
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Re: What Experts Say [about various investing topics]

Post by iceport »

Happy (belated) Birthday, Taylor!

Thanks for all you do here — both with your investing insights that help keep us grounded, and with your impeccable model of civility. The tone of the forum would absolutely not be the same without your presence.

:sharebeer
"Discipline matters more than allocation.” |—| "In finance, if you’re certain of anything, you’re out of your mind." ─William Bernstein
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