Search found 1455 matches

by matjen
Mon Sep 26, 2016 6:24 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle investing: it depends on the insurance market being very efficient, right?
Replies: 12
Views: 1270

Re: Lifecycle investing: it depends on the insurance market being very efficient, right?

Thanks for revisiting the DFA solution Bobk. I think last time we were discussing this it was just rolling out. Now the DFA site has a bit more info and also all the Target Date Funds once can select from IF they have access. https://us.dimensional.com/strategies/target-date.aspx https://hub.dimensi...
by matjen
Sun Sep 25, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Used BMW X1
Replies: 19
Views: 1319

Re: Used BMW X1

US-market X1s are available exclusively with Turbocharged engines, either a 2.0L 4-cylinder or a 3.0L Inline six. In both cases this is a twin-scroll turbo, which means it can act like either a small unit or a large one, providing a similar effect as a twin turbo setup. Running regular gas in a for...
by matjen
Thu Sep 22, 2016 11:45 am
Forum: Personal Consumer Issues
Topic: Chicago Food/Restaurant Recommendations
Replies: 60
Views: 3259

Re: Chicago Food/Restaurant Recommendations

This place , I presume? I've been there multiple times; it's also now an annual tradition for me when family comes to visit. I thought about listing it in this thread, but it's so far out of the way, and so specialized, that I wasn't sure it made sense. Well that looks delicious. Must give it a try...
by matjen
Thu Sep 22, 2016 10:38 am
Forum: Personal Consumer Issues
Topic: Chicago Food/Restaurant Recommendations
Replies: 60
Views: 3259

Re: Chicago Food/Restaurant Recommendations

If you're willing to take a cab/Uber trip, there are some really great, casual places out in the neighborhoods in the $50 range. My list is a bit Lakeview-centric because that's where I live, but I've tried to give you a decent selection. Lakeview (North side, near Wrigley Field): Beef Shack (Belmo...
by matjen
Thu Sep 22, 2016 10:24 am
Forum: Personal Consumer Issues
Topic: Chicago Food/Restaurant Recommendations
Replies: 60
Views: 3259

Re: Chicago Food/Restaurant Recommendations

Its a status thing. From what ive seen over the years people believe the bigger the price tag the better the food. Even if the food is mediocre they've already been conditioned to think its great. Same goes for those who "love" expensive wine. Each time a test is done (tests where they em...
by matjen
Thu Sep 22, 2016 7:13 am
Forum: Personal Consumer Issues
Topic: Chicago Food/Restaurant Recommendations
Replies: 60
Views: 3259

Re: Chicago Food/Restaurant Recommendations

moghopper wrote:
emoore wrote:Grew up in Chicago area. My favorite food there is Italian beef. Portillos.


You misspelled "Al's". :-)


You both misspelled "Johnnie's"!!!
by matjen
Wed Sep 21, 2016 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Why is QSPIX steadily declining?
Replies: 26
Views: 3022

Re: Why is QSPIX steadily declining?

QSPIX is up 1.31% since the post in three trading days. Two pretty big up days and one day with no change.

I think OP may have called a generational low for QSPIX. ;-)
by matjen
Wed Sep 21, 2016 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Why is QSPIX steadily declining?
Replies: 26
Views: 3022

Re: Why is QSPIX steadily declining?

The fund is based on research of very smart people but from what I read in Morningstar they have not committed a lot of their own money to it. This is something I like to look at as well for anything other than index funds. However in this case it is pretty meaningless since these guys make million...
by matjen
Wed Sep 21, 2016 8:22 am
Forum: Investing - Theory, News & General
Topic: A look at the research and evidence on time-series MOM
Replies: 64
Views: 3710

Re: A look at the research and evidence on time-series MOM

Hi Larry, Following up on Dave (RandomWalker) and grap's posts, could one say that for a certain type of investor there is a Larry Portfolio + (TM) option? Something like: 60% high quality bonds (intermediate treasuries or very high quality munis depending on tax sheltered space) 15% Small Cap Value...
by matjen
Wed Sep 21, 2016 7:50 am
Forum: Investing - Help with Personal Investments
Topic: Why is QSPIX steadily declining?
Replies: 26
Views: 3022

Re: Why is QSPIX steadily declining?

Save your trash talking for when the fund actually does bad. :wink: Then you can gloat all you want! Until then, QSPIX is in the black in my portfolio and performing as advertised. Don't make me take a screen shot! :) Yo go Grap! Given the attitude of many on this forum over the last couple of year...
by matjen
Mon Sep 19, 2016 6:20 pm
Forum: Investing - Theory, News & General
Topic: A new study on MOM and recent returns, disappearing premium or lull?
Replies: 13
Views: 1484

Re: A new study on MOM and recent returns, disappearing premium or lull?

Random Walker wrote:Extremely worthwhile chart in the article showing the frequency of underperformance of each of the well established factors for various periods of time.


Here is the chart for those interested.

Image
by matjen
Mon Sep 19, 2016 1:02 pm
Forum: Investing - Theory, News & General
Topic: Bogle tilts toward Value in his own portfolio
Replies: 34
Views: 3792

Re: Bogle tilts toward Value in his own portfolio

I am not trying to play the role of grammar police but is outright lie a bit harsh? Is it more a misrepresentation of what is actually going on? It is not a lie and it isn't a misrepresentation. Although others can likely do a better job at explaining this I will give it a try. The total market giv...
by matjen
Mon Sep 19, 2016 11:09 am
Forum: Investing - Theory, News & General
Topic: Bogle tilts toward Value in his own portfolio
Replies: 34
Views: 3792

Re: Bogle tilts toward Value in his own portfolio

Actually Bogle isn't crazy rich. Recently he said he was in low double digit millions so that is a portfolio that really doesn't need to be handled much differently than most other middle income and upper income portfolios other than estate planning considerations. Our own Robert T. did a nice write...
by matjen
Sat Sep 17, 2016 4:38 pm
Forum: Investing - Theory, News & General
Topic: Are REITs Out The Window For Us Factor Junkies?
Replies: 12
Views: 1878

Re: Are REITs Out The Window For Us Factor Junkies?

A couple years back I sold my TIPS and my REITS to buy QSPIX. At that time I thought REITS were not a good value based on some good posts by Bill Bernstein. They have gotten even richer though. Thankfully QSPIX has performed as advertised and keeps me entertained. :beer
by matjen
Fri Sep 16, 2016 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Keys to a Successful Retirement
Replies: 55
Views: 6555

Re: Keys to a Successful Retirement

Very nice post BobK. Thank you. As others have said, one size doesn't fit all but this post will certainly fit many!
by matjen
Wed Sep 14, 2016 3:54 pm
Forum: Personal Consumer Issues
Topic: Favorite Coffee
Replies: 135
Views: 7580

Re: Favorite Coffee

Pluses: Rather inexpensive coffee (Average $5/lb) that is fresher and tastes better than almost anything I can get at a store or coffee shop. Always roasted exactly to my taste, as appropriate to the cultivar. It should be noted that unroasted green beans weigh much more than already roasted beans ...
by matjen
Wed Sep 14, 2016 3:26 pm
Forum: Personal Consumer Issues
Topic: Favorite Coffee
Replies: 135
Views: 7580

Re: Favorite Coffee

Peet's Major Dickason's Blend course grind in a French Press. My daily morning wake me up.
by matjen
Wed Sep 14, 2016 10:23 am
Forum: Personal Finance (Not Investing)
Topic: More advice for BigLaw Survivor, please?
Replies: 119
Views: 12390

Re: More advice for BigLaw Survivor, please?

:sharebeer

Thank you for the update BigLaw Survivor. Congrats!
by matjen
Wed Sep 14, 2016 10:15 am
Forum: Personal Consumer Issues
Topic: 16 GB or 64 GB? [for iPhone SE]
Replies: 25
Views: 1667

Re: 16 GB or 64 GB?

Apple is no longer offering a 16GB version in the iPhone 7. That tells you all you need to know. 64GB is the answer.
by matjen
Tue Sep 06, 2016 10:44 am
Forum: Personal Consumer Issues
Topic: Google trying to get my phone number
Replies: 39
Views: 2976

Re: Google trying to get my phone number

^ +1 Agree 110% with Livesoft. This is a very good and highly recommended feature to implement on your gmail account for security purposes.

https://www.google.com/landing/2step/#t ... t-protects
by matjen
Fri Sep 02, 2016 11:01 am
Forum: Investing - Theory, News & General
Topic: Asness - Indexing Is Capitalism at Its Best
Replies: 8
Views: 1466

Asness - Indexing Is Capitalism at Its Best

Oh it is a glorious day on the Bogleheads Forum. A QSPIX thread is active again and Cliff Asness has once again displayed that he is second only to Saint Jack in defending and promoting indexing for the masses. https://www.bloomberg.com/view/articles/2016-09-02/indexing-is-capitalism-at-its-best Ins...
by matjen
Fri Sep 02, 2016 10:10 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1092
Views: 141460

Re: QSPIX - thoughts on interesting fund

Is QSPIX losing its magic Seems to me that the "magic" of this fund is twofold: 1) returns that are uncorrelated to traditional asset classes and 2) reasonable long term returns. Let's compare QSPIX returns to a 60/40 3-fund portfolio with a 50/50 U.S./International allocation: In 2014, Q...
by matjen
Mon Aug 22, 2016 11:03 am
Forum: Investing - Theory, News & General
Topic: Zweig: Three New ETF ideas that actually make sense
Replies: 14
Views: 2239

Re: Zweig: Three New ETF ideas that actually make sense

Meb Faber has created a total global ETF for those interested. Basically an ETF of ETFs that holds plenty of Vanguard ETFs. .29 expense ratio.

http://www.cambriafunds.com/Data/Sites/ ... tSheet.pdf
by matjen
Sat Aug 06, 2016 10:55 am
Forum: Investing - Theory, News & General
Topic: Do mutual fund investors benefit when their funds also manage hedge funds?
Replies: 6
Views: 495

Re: Do mutual fund investors benefit when their funds also manage hedge funds?

Larry, is this a concern for you with regard to AQR's funds? That would be the one area in the Swedroe (and Matjen) universe where I could see this arising as an issue. My own take is that AQR seems to be rapidly migrating to the Mutual Fund side of the equation rather than the other way around and ...
by matjen
Sat Aug 06, 2016 9:19 am
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3264

Re: Moving from Android to iPhone

Wait a month, the iPhone 7 will be out. The 6S will be cheaper. Agree, this is a very poor time to buy an iPhone. Moreover, strongly suggest you get the 64GB rather than 16GB. 16GB could be OK IF you really understand how to leverage the cloud to store everything (leverage free Google Photos storag...
by matjen
Sat Aug 06, 2016 8:52 am
Forum: Investing - Theory, News & General
Topic: Barron's: Vanguard’s Climate-Change Dismissal
Replies: 6
Views: 1126

Re: Barron's: Vanguard’s Climate-Change Dismissal

I don't think this should devolve into an argument about global warming/climate change or whatever. I view it as more akin to the numerous threads about "Socially Responsible Investing" that crop up from time to time. This article would not change my extremely high view of Vanguard but I t...
by matjen
Sat Aug 06, 2016 8:28 am
Forum: Investing - Theory, News & General
Topic: Barron's: Vanguard’s Climate-Change Dismissal
Replies: 6
Views: 1126

Barron's: Vanguard’s Climate-Change Dismissal

Although not hugely important to me, some may find it so. Link is probably behind a paywall since I am a subscriber but I'm sure you can google to find article. Vanguard’s Climate-Change Dismissal Vanguard has failed to support a single sustainability resolution of the 200 that have been filed. Acco...
by matjen
Fri Aug 05, 2016 12:09 pm
Forum: Investing - Theory, News & General
Topic: What is the purpose of a Long/Short Equity Fund fund like AQR QLERX?
Replies: 49
Views: 2631

Re: What is the purpose of a Long/Short Equity Fund fund like AQR QLERX?

C' mon Homer. I expect more from you. Looking at assets in isolation is a rookie mistake: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2016&lastMonth=12&endDate=08%2F03%2F2016&initialAmount=10000&annualOp...
by matjen
Fri Aug 05, 2016 11:59 am
Forum: Investing - Theory, News & General
Topic: A costly mistake made by both investors and advisors
Replies: 240
Views: 17900

Re: A costly mistake made by both investors and advisors

But you are at least pointing out that there is a very wide dispersion of results.... Maybe financial experts should post predictions including the wide dispersion of results. This is exactly what Asness does. I haven't read this entire thread but I bet this article has been brought up. It is a cla...
by matjen
Thu Aug 04, 2016 6:43 am
Forum: Investing - Theory, News & General
Topic: Any correlation between Total Stock and Total Bond ?
Replies: 18
Views: 1286

Re: Any correlation between Total Stock and Total Bond ?

I forgot what the results were but I think they were in the -.3 range. A Perfect negative correlation is -1 and a perfect positive correlation is +1. Depending on how much of a stickler you are you could say they are negatively correlated or they are very, very lowly correlated which is the phrase I...
by matjen
Thu Aug 04, 2016 6:29 am
Forum: Investing - Theory, News & General
Topic: Any correlation between Total Stock and Total Bond ?
Replies: 18
Views: 1286

Re: Any correlation between Total Stock and Total Bond ?

Very, very low correlations. Use portfolio visualizer to take a look. https://www.portfoliovisualizer.com/asset-correlations
by matjen
Wed Jul 27, 2016 9:28 pm
Forum: Investing - Theory, News & General
Topic: Revisiting Dr. Bernstein on REITs
Replies: 29
Views: 3375

Re: Revisiting Dr. Bernstein on REITs

This post by Dr. Bernstein was actually one of the big influencers on me selling my REITS soon thereafter. Having said that they were only about 3% of my portfolio and I was trying to take risk off and wasn't so keen on REITS or TIPS which is the other asset class I sold to fund a 5% stake in AQR's ...
by matjen
Wed Jul 27, 2016 9:21 am
Forum: Investing - Theory, News & General
Topic: are the markets overvalued? Are Grantham/Hussman etal correct?
Replies: 222
Views: 14329

Re: are the markets overvalued? Are Grantham/Hussman etal correct?

Trader/Investor wrote:Looking at the returns since inception of Hussman's flagship fund I can't see how anyone can possibly label him a "well- respected financial expert"


8-)

Image
by matjen
Sun Jul 03, 2016 4:57 pm
Forum: Personal Consumer Issues
Topic: Roku TV without carrier?
Replies: 27
Views: 2141

Re: Roku TV without carrier?

I recently purchased two ROKU TVs from BestBuy for my mother. She loves them. You get great over the air reception with a decent antenna and then just purchase the services you desire to fill in additional content. Services like Netflix ($10/mo), Amazon Prime ($10/mo), HBO ($15/mo), etc.
by matjen
Sun Jul 03, 2016 4:50 pm
Forum: Investing - Theory, News & General
Topic: Are Markets Efficient? - Fama & Thaler Video
Replies: 2
Views: 475

Are Markets Efficient? - Fama & Thaler Video

Here is a nice video about market efficiency with Gene Fama and Richard Thaler. Thaler is one of the leaders of the Behavioral Economics movement and good friends with Fama. Quick takeaways: Passive investing is the way to go for most, both utilize small cap value as a strategy though Fama thinks li...
by matjen
Fri Jul 01, 2016 8:05 am
Forum: Personal Consumer Issues
Topic: Need help getting Gmail back
Replies: 31
Views: 2569

Re: Need help getting Gmail back

Rick Ferri wrote:Yes. Im now convinced there is a Google God.

Rick


That knows everything there is to know about you. ;-) A price of progress I am willing to pay.
by matjen
Sun Jun 26, 2016 3:57 pm
Forum: Investing - Theory, News & General
Topic: Alt Funds Not So Good on Brexit Friday (-.71%)
Replies: 9
Views: 1053

Alt Funds Not So Good on Brexit Friday (-.71%)

Although AQR's QSPIX was up .70% (Vanguard Total Bond was up .55%) the average alternative fund did poorly on Friday.

Image
by matjen
Thu Jun 23, 2016 11:26 am
Forum: Investing - Theory, News & General
Topic: New AQR/Asness Paper on Factor Timing
Replies: 9
Views: 939

Re: New AQR/Asness Paper on Factor Timing

Rick Ferri wrote:While this stuff is theoretically interesting, it's not important. You can skip it.

Rick Ferri


Which is basically what Asness is saying. Pick the factors/strategy exposure that you can stick with and stick with it. For three-funders that may be just beta which is fine of course.
by matjen
Wed Jun 22, 2016 5:51 pm
Forum: Investing - Theory, News & General
Topic: New AQR/Asness Paper on Factor Timing
Replies: 9
Views: 939

New AQR/Asness Paper on Factor Timing

Cliff Asness' latest in the ongoing disagreement he has with Arnott on this topic. Last sentence of the Abstract could have been written by our own Robert T. " Instead, investors are better off identifying factors they believe in, and staying diversified across them, unless we see far more extr...
by matjen
Wed Jun 22, 2016 8:26 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Mel! Boglehead #2.
Replies: 41
Views: 3071

Re: Happy Birthday, Mel! Boglehead #2.

Happy Birthday Mel! :beer
by matjen
Tue Jun 14, 2016 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off the mortgage today
Replies: 67
Views: 6120

Re: Paid off the mortgage today

Congratulations! :beer
by matjen
Tue Jun 14, 2016 8:25 am
Forum: Personal Consumer Issues
Topic: Any Porsche 911 owners here?
Replies: 118
Views: 11317

Re: Any Porsche 911 owners here?

I own a 2003 Boxster S and love it. Not cheap to maintain as it ages but gets pretty decent gas mileage and no more expensive to maintain (or minimally more) than any other European brand. I wanted a convertible and felt the Boxster was better than the 911 since it was purpose-built and had a more p...
by matjen
Mon Jun 13, 2016 7:27 pm
Forum: Investing - Theory, News & General
Topic: What four faces would you put on the Mount Rushmore of Investing
Replies: 47
Views: 3588

Re: What four faces would you put on the Mount Rushmore of Investing

My four in order of when they influenced me are:

Bernstein (Dr.)
Bogle
Swedroe
Asness
by matjen
Sun Jun 12, 2016 8:20 am
Forum: Investing - Theory, News & General
Topic: Developing conviction to stick with a long-term investment plan
Replies: 14
Views: 1560

Re: Developing conviction to stick with a long-term investment plan

On the last point - it may be a useful exercise for investors to write down the rational for building their portfolio to certain specifications (perhaps even including why it wasn't set up to other specifications) - to re-read in times of market uncertainty to help stay the course. This is an excel...
by matjen
Wed Jun 08, 2016 11:52 am
Forum: Investing - Theory, News & General
Topic: "Negative interest rates: What they are and what they mean."
Replies: 10
Views: 1714

Re: "Negative interest rates: What they are and what they mean."

Bonds provide two critical things: safety and income. US bonds are in my opinion safer than foreign bonds especially EM bonds not only because they are denominated in our own spending currency but also because our bond markets are deeper, well-regulated, and more transparent than many INTL markets....
by matjen
Tue Jun 07, 2016 4:56 pm
Forum: Investing - Theory, News & General
Topic: Howard Marks presentation
Replies: 20
Views: 2093

Re: Howard Marks presentation

Wonderful video that covers a fair amount of ground. Thank you for posting Robert T.
by matjen
Tue May 31, 2016 8:59 am
Forum: Personal Consumer Issues
Topic: Uber Car and the real cost of driving
Replies: 71
Views: 9333

Re: Uber Car and the real cost of driving

Interesting posts/thoughts Valuethinker. :beer
by matjen
Wed May 18, 2016 8:30 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1568
Views: 818128

Re: The Three-Fund Portfolio

Thanks for the replies. If I got rid of NAESX and stuck with the 3 fund, would this be too aggressive even for someone who is aggressive and is 31. Total Stock Admiral 70% Total Intl 12% Total Bonds 18% This is a personal decision that has no right answer. However, your asset allocation is actually...
by matjen
Wed May 18, 2016 8:10 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1568
Views: 818128

Re: The Three-Fund Portfolio

Regarding ^...My thoughts as a slicer and dicer in general, No. If you are going to add to a classic three-fund portfolio it seems to me you should follow what most of the academic literature and thought leaders do/have done. That really isn't small cap. It is however small cap value or for others i...
by matjen
Tue May 17, 2016 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Destination, Not Journey?
Replies: 20
Views: 2459

Re: Destination, Not Journey?

OP, Congratulations on your early success and don't sweat too much over how you feel about security/money. I think it is much better to be wired the way you are than the other way around. However, you must also work on your relationships (partner and friends) since that is really the most important ...

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