Search found 449 matches

by Howard Donnelly
Wed Apr 11, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Book recommendation for Millenial
Replies: 11
Views: 954

Re: Book recommendation for Millenial

The Millionaire in You, by Michael LeBoeuf. Terrific book!
by Howard Donnelly
Sat Feb 17, 2018 6:43 pm
Forum: Investing - Theory, News & General
Topic: Which book for an 18 year old who is asking about investing?
Replies: 45
Views: 3070

Re: Which book for an 18 year old who is asking about investing?

The #1 book I would recommend is The Millionaire in You, by Michael LeBoeuf. It's a terrific book. I wish I could have read it when I was 18!
by Howard Donnelly
Wed Feb 14, 2018 1:04 am
Forum: Investing - Theory, News & General
Topic: Good Jack Bogle Quotes for Times Like This
Replies: 1
Views: 645

Good Jack Bogle Quotes for Times Like This

"My advice to investors is to ignore the short-term noise of the emotions reflected in our financial markets and focus on the productive long-term economics of our corporate businesses. Shakespeare could have been describing the inexplicable hourly and daily - sometimes even yearly or longer - fluct...
by Howard Donnelly
Wed Feb 14, 2018 12:54 am
Forum: Investing - Theory, News & General
Topic: Derivative Danger
Replies: 4
Views: 526

Derivative Danger

Here's an interesting excerpt on derivatives from "The Tao of Charlie Munger," by David Clark: "If you intelligently trade derivatives it's like a license to steal, so you can understand why they all want to do it... but what is the big plus in having everyone gamble with everyone else? I lived in a...
by Howard Donnelly
Fri Jan 26, 2018 1:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4376

Re: Happy Birthday, Taylor!

Happy Birthday, Taylor! I'm very grateful for all of your help.
by Howard Donnelly
Sun Dec 10, 2017 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 123
Views: 13693

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

1. Life is 20 percent doing smart things and 80 percent not doing dumb things. 2. The best lives, careers, families, retirements, etc. are planned. Good luck happens when opportunity meets preparation. 3. Whoever said that money is the root of all-evil was either a fool or a con artist. Lack of mon...
by Howard Donnelly
Tue Sep 12, 2017 5:02 pm
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 94
Views: 13561

"Warren Buffett wins $1M bet made with hedgie a decade ago"

[Thread merged into here, see below --admin LadyGeek] "Warren Buffett made a $1 million bet at end of 2007 with hedge fund manager Ted Seides of Protégé Partners. Buffett wagered that a low-cost S&P 500 index fund would perform better than a group of Protégé’s hedge funds. Buffett’s index investmen...
by Howard Donnelly
Sun Aug 20, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 17346

Re: I own no international stocks. Can you guess why?

Perhaps you agree with Jack Bogle on the subject:

"Here's Why Jack Bogle Doesn't Like Investing In Foreign Markets"
https://www.youtube.com/watch?v=hvgptl5-Kcc
by Howard Donnelly
Sun Aug 20, 2017 3:55 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 17346

Re: I own no international stocks. Can you guess why?

Mr.BB wrote:
Sun Aug 20, 2017 2:18 pm
Because you feel your U.S. equity positions have a large enough overseas influence that you don't need to specifically own any foreign holdings?
+1
by Howard Donnelly
Fri Aug 18, 2017 8:15 pm
Forum: Personal Consumer Issues
Topic: Little P**S Ants
Replies: 59
Views: 9245

Re: Little P**S Ants

When I read the title of this thread, I thought the topic was about brokers, investment advisors, annuity salesmen and various other Wall Street hacks who want to get their hands in our pockets. Never mind.
by Howard Donnelly
Wed Jul 26, 2017 11:31 am
Forum: Investing - Theory, News & General
Topic: "Warren Buffett and an Index Fund" [and praises for Jack Bogle]
Replies: 4
Views: 1203

"Warren Buffett and an Index Fund" [and praises for Jack Bogle]

Warren Buffett praises Jack Bogle in this short video:

"Warren Buffett and an Index Fund"
https://www.youtube.com/watch?v=y4tITwhEfFE
by Howard Donnelly
Thu Jul 20, 2017 5:56 am
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 14627

Re: Books not to read.

Spending time finishing unnecessary, useless books is an enormous waste our most precious resource: Time. You don't have to eat an entire apple to know that it's rotten. I found "The Millionaire Next Door" to be a very useful book capable of helping many people. It exploded the commonly portrayed m...
by Howard Donnelly
Fri Jun 23, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: [NY Times: Index fund evangelist is straying From His Gospel]
Replies: 32
Views: 4368

Burton Malkiel: An index-fund evangelist is straying from his gospel

Here is an interesting article about Burton Malkiel:

"An index-fund evangelist is straying from his gospel"
http://www.cnbc.com/2017/06/23/an-index ... ospel.html
by Howard Donnelly
Sun Apr 30, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: The Power of Habit
Replies: 15
Views: 4072

Re: The Power of Habit

emanuel_v19,

What's the most important lesson you've learned from the book so far?

Thanks,
Howard
by Howard Donnelly
Sun Apr 30, 2017 10:26 am
Forum: Local Chapters and Bogleheads Community
Topic: Go Inside Jack's Office
Replies: 21
Views: 3305

Re: Go Inside Jack's Office

Very interesting. Thank you, stemikger.
by Howard Donnelly
Sat Apr 01, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Saying Hello, Questions on Getting Started
Replies: 20
Views: 1770

Re: New Boglehead Saying Hello, Questions on Getting Started

Do yourself a favor and buy a copy of The Millionaire in You, by Michael LeBoeuf. Great book! It will answer most of your questions and give you solid investment strategies.
by Howard Donnelly
Sat Mar 11, 2017 5:53 am
Forum: Investing - Theory, News & General
Topic: "Unshakeable," by Tony Robbins
Replies: 17
Views: 4884

Re: "Unshakeable," by Tony Robbins

I've had plenty of time to read and "digest" Tony's new book. It's a good book. However, in my opinion, there are two other comparable books on the subject that are better: 1. The Bogleheads' Guide to Investing , by Taylor Larimore, Mel Lindauer, and Michael LeBoeuf. 2. The Millionaire in You , by M...
by Howard Donnelly
Sun Mar 05, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: "Unshakeable," by Tony Robbins
Replies: 17
Views: 4884

Re: "Unshakeable," by Tony Robbins

Ray Dalio is mentioned many times, but I do not remember any references to his "All Weather Portfolio."
by Howard Donnelly
Tue Feb 28, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: "Unshakeable," by Tony Robbins
Replies: 17
Views: 4884

"Unshakeable," by Tony Robbins

Tony Robbins' new book, "Unshakeable: Your Financial Freedom Playbook," went on sale today. On the front cover there is a quote by John C. Bogle: "Tony is a force of nature." Mr. Bogle also wrote the "Foreward" for the book. KInd of a surprising friendship to me. http://www.barnesandnoble.com/w/unsh...
by Howard Donnelly
Wed Jan 25, 2017 11:32 am
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 12174

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy Birthday, Taylor! Thank you for all of your help through the years.
by Howard Donnelly
Wed Jan 18, 2017 5:51 pm
Forum: Investing - Theory, News & General
Topic: "The Undoing Project," by Michael Lewis
Replies: 19
Views: 4735

Re: "The Undoing Project," by Michael Lewis

There is a terrific chapter about behavioral economics in The Bogleheads' Guide to Investing, Second Edition. See Chapter 19, page 223. Kahneman and Tversky's work is discussed.
by Howard Donnelly
Wed Jan 18, 2017 2:26 pm
Forum: Investing - Theory, News & General
Topic: "The Undoing Project," by Michael Lewis
Replies: 19
Views: 4735

"The Undoing Project," by Michael Lewis

I just finished reading "The Undoing Project," by Michael Lewis. It's very interesting. "How a Nobel Prize–winning theory of the mind altered our perception of reality. Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original studies undoing o...
by Howard Donnelly
Fri Dec 30, 2016 12:43 pm
Forum: Investing - Theory, News & General
Topic: "2016 A Record Year For ETF Closures"
Replies: 11
Views: 1477

Re: "2016 A Record Year For ETF Closures"

Thank you, Taylor. Very interesting.
by Howard Donnelly
Fri Dec 09, 2016 4:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Health Care Fund
Replies: 16
Views: 2775

Re: Vanguard Health Care Fund

Thanks to all of you for your thoughts and comments. This has helped me think the issue through.
by Howard Donnelly
Wed Dec 07, 2016 10:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Health Care Fund
Replies: 16
Views: 2775

Vanguard Health Care Fund

Why do you suppose the Vanguard Health Care Fund is down over 10% right now, when the DJIA and S&P 500 are at all-time highs?
by Howard Donnelly
Tue Nov 29, 2016 11:44 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett Books
Replies: 22
Views: 2607

Re: Warren Buffett Books

I've read them all. My favorite is Buffett: The Making of an American Capitalist, by Roger Lowenstein. It has very interesting insights into his personality and lifestyle.
by Howard Donnelly
Fri Sep 09, 2016 10:41 am
Forum: Investing - Theory, News & General
Topic: ["Wells Fargo Fined for Years of Harm to Customers"]
Replies: 129
Views: 11862

Re: ["Wells Fargo Fined for Years of Harm to Customers"]

Here is an interesting follow-up article: "It's time to sell Wells Fargo stock, analyst Dick Bove says" http://www.cnbc.com/2016/09/09/its-time-to-sell-wells-fargo-stock-analyst-dick-bove-says.html "What they did was the most unacceptable thing that a bank can do to its customers," he said. "People ...
by Howard Donnelly
Thu Sep 08, 2016 4:40 pm
Forum: Investing - Theory, News & General
Topic: ["Wells Fargo Fined for Years of Harm to Customers"]
Replies: 129
Views: 11862

Re: Wells Fargo - Sent Unsolicited Credit Cards

Here is more information:

"5,300 Wells Fargo employees fired over 2 million phony accounts"
http://money.cnn.com/2016/09/08/investi ... index.html
by Howard Donnelly
Mon Aug 29, 2016 10:32 am
Forum: Investing - Theory, News & General
Topic: The Rise and Fall of AccuShares
Replies: 6
Views: 979

Re: The Rise and Fall of AccuShares

Great example. Thank you, Taylor.
by Howard Donnelly
Mon Aug 22, 2016 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Getting started with Investing
Replies: 3
Views: 504

Re: Getting started with Investing

My best suggestion: Get yourself a copy of The Millionaire in You, by Michael LeBoeuf. That book will give you a great game plan for investing and personal finance.
by Howard Donnelly
Tue Jul 26, 2016 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the "new normal": how?
Replies: 49
Views: 6259

Re: Planning for the "new normal": how?

One thing that I struggle with when figuring out how much I'll need for retirement is the uncertainty about what the circumstances will be like when I retire. A rule like "25x annual expenses" is unlikely to cut it when I can't even know what those expenses will be, because I don't know what the wo...
by Howard Donnelly
Thu Jul 21, 2016 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Traits of Happiest Retirees
Replies: 82
Views: 14295

Re: Traits of Happiest Retirees

Many years ago there was a song whose lyrics concluded that happiness is different things to different people. https://www.youtube.com/watch?v=yeHXahnBAqY No question about that. My take is that for people living in affluent nations, happiness is built on a foundation of 4 pillars regardless of whe...
by Howard Donnelly
Sun May 08, 2016 8:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016
Replies: 52
Views: 4931

Re: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016

Happy Birthday, Mr. Bogle! You are one of the very finest.
by Howard Donnelly
Sun May 08, 2016 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: What advice (about anything) would you give your 30-35 year old self?
Replies: 29
Views: 4204

Re: What advice (about anything) would you give your 30-35 year old self?

(Circa 1980) - Start buying, and keep buying, as much Berkshire Hathaway stock as you can afford - and hang on to it!
by Howard Donnelly
Tue May 03, 2016 9:52 pm
Forum: Personal Consumer Issues
Topic: I cannot stop buying... [Investing/Personal Finance Books]
Replies: 54
Views: 9151

Re: I cannot stop buying... [Investing/Personal Finance Books]

My favorite book on the subject: The Millionaire in You, by Michael LeBoeuf.
by Howard Donnelly
Tue May 03, 2016 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions on getting my daughter started with investing
Replies: 16
Views: 2005

Re: Suggestions on getting my daughter started with investing

No suggestions on mutual funds or ETFs, but I do suggest that you get her a copy of The Millionaire In You, by Michael LeBoeuf. It's a great book.
by Howard Donnelly
Sat Apr 30, 2016 10:08 pm
Forum: Investing - Theory, News & General
Topic: Reading Recommendations
Replies: 5
Views: 773

Re: Reading Recommendations

The Millionaire in You, by Michael LeBoeuf. Great book.
by Howard Donnelly
Mon Apr 11, 2016 8:06 pm
Forum: Investing - Theory, News & General
Topic: ‪"Lessons From the Great Minds of Investing‬"
Replies: 26
Views: 4946

Re: ‪"Lessons From the Great Minds of Investing‬"

I found this very interesting. Thank you for posting it.
by Howard Donnelly
Sun Apr 03, 2016 9:11 pm
Forum: Investing - Theory, News & General
Topic: Tony Robbins Joins Advisory Firm
Replies: 27
Views: 4402

"Tony Robbins: I Am Not Your Guru"

Has anyone seen, or heard reviews of, the new Tony Robbins documentary? From Indiewire: On July 15, Netflix will release the premiere of "Tony Robbins: I Am Not Your Guru." The feature documentary is the 12th film from Joe Berlinger ("Brother's Keeper") and is about the acclaimed motivational speake...
by Howard Donnelly
Sat Apr 02, 2016 9:37 am
Forum: Investing - Theory, News & General
Topic: Things I'm Pretty Sure About
Replies: 22
Views: 4722

Re: Things I'm Pretty Sure About

Excellent article. Thank you for posting it.
by Howard Donnelly
Thu Feb 18, 2016 12:09 am
Forum: Investing - Theory, News & General
Topic: 20th Anniversary of Jack Bogle's heart transplant
Replies: 15
Views: 2383

Re: 20th Anniversary of Jack Bogle's heart transplant

Thank you, Taylor. What an incredible story! Jack Bogle is a fine man, and a wonderful role model.

By the way, so are you. :happy