Search found 1533 matches

by matjen
Fri Feb 17, 2017 4:03 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 80
Views: 4557

Re: Tesla Model 3 or Chevy Bolt?

Well, FWIW: http://www.reuters.com/article/us-gm-autonomous-exclusive-idUSKBN15W283 General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automaker’s plans said th...
by matjen
Fri Feb 17, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: A 2-Fund Portfolio idea. Opinions Welcome!
Replies: 10
Views: 684

Re: A 2-Fund Portfolio idea. Opinions Welcome!

So you are going to allocate something like 3% to equities around the rest of the globe? That's a deal breaker for me and for most. I would go with Vanguard Total World Stock Index Fund ETF Shares VT and BND or VGIT in the allocations you see fit.
by matjen
Tue Feb 07, 2017 6:33 pm
Forum: Investing - Theory, News & General
Topic: Factor Models Are More Art and Less Science
Replies: 0
Views: 190

Factor Models Are More Art and Less Science

This is a great overview of Factor Investing by Wes Gray. http://blog.alphaarchitect.com/2017/02/03/factor-models-are-more-art-and-less-science/#gs.null Perhaps seeing the handwriting on the wall that the three-factor model rested on a shaky theoretical foundation, Fama and French offered an enhance...
by matjen
Fri Feb 03, 2017 1:45 pm
Forum: Personal Consumer Issues
Topic: Lexus PreCollision Safety System (auto braking)
Replies: 35
Views: 2474

Re: Lexus PreCollision Safety System (auto braking)

I think lumping parking assist in as a "safety system" is a stretch. It's more like the old 5 mph bumpers, it may reduce repair costs, but it won't prevent death or significant injury, so it can be evaluated entirely on a financial basis. To put it another way if parking assist will save ...
by matjen
Fri Feb 03, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Lexus PreCollision Safety System (auto braking)
Replies: 35
Views: 2474

Re: Lexus PreCollision Safety System (auto braking)

If you are going to do it I would make sure you check off the box on every safety system available. Things like parking assist have gotten much better than a couple years back. I'm in the process of having my 76 year old mother (who just moved to the City from the burbs) get rid of her 2008 RX350 an...
by matjen
Wed Feb 01, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: Fama - A Look Back at Modern Finance: Accomplishments and Limitations
Replies: 0
Views: 233

Fama - A Look Back at Modern Finance: Accomplishments and Limitations

Good stuff for everyone here but requires $6-$10 for most to get a copy. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2902370#.WJJHdVPTYHU.twitter Abstract In a conversation held in June 2016 between Nobel laureate Eugene Fama of the University of Chicago and Joel Stern, chairman and CEO of S...
by matjen
Tue Jan 31, 2017 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Suggested Funds/ETFs for Small Cap & EM Tilt
Replies: 11
Views: 1014

Re: Suggested Funds/ETFs for Small Cap & EM Tilt

livesoft wrote:IJS, VBR for US small-cap value
DGS for EM small-cap value


Seconded assuming you don't have DFA access via advisor, 401(k), or 529 Plan.
by matjen
Mon Jan 30, 2017 6:42 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1182
Views: 162565

Re: QSPIX - thoughts on interesting fund

larryswedroe wrote:matjen
Let's not hope for too many more of those type days (:-))
Larry


Crud! I forgot I am 7% QSPIX and not 70% ;-)
by matjen
Mon Jan 30, 2017 6:31 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1182
Views: 162565

Re: QSPIX - thoughts on interesting fund

Days like today is one of the reasons many of us love us some QSPIX. :D

Image
by matjen
Mon Jan 30, 2017 6:27 pm
Forum: Investing - Theory, News & General
Topic: Ilmanen/AQR new method (and figures) for stock return forecasts: variants on earnings yield and DDM yield
Replies: 24
Views: 1451

Re: Ilmanen/AQR new method (and figures) for stock return forecasts: variants on earnings yield and DDM yield

Thank you for posting lack_ey. With your caveats noted in the OP, I'll post the info everyone wants! ;-) Our current estimate for the long-run real return of U.S. equities is 4.2%, somewhat lower than most other developed markets (average 4.6%) and emerging markets (5.4%). Our current estimate for U...
by matjen
Mon Jan 30, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: How to Produce High Quality Investment Research - Valuation
Replies: 5
Views: 484

Re: How to Produce High Quality Investment Research - Valuation

livesoft wrote:It sounds like a fancy way to say "Buy low, sell high."


Indeed, or more accurately, set expectations realistically. With a wide dispersion of potential results of course.
by matjen
Mon Jan 30, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: How to Produce High Quality Investment Research - Valuation
Replies: 5
Views: 484

How to Produce High Quality Investment Research - Valuation

Ben Carlson wrote a nice piece about financial research and the topic of valuation which often comes up on this board. Thought many would find it interesting. Figured Larry S. would appreciate this quote: Not only is this a visually striking chart, but the simple takeaway is that lower starting valu...
by matjen
Fri Jan 27, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1182
Views: 162565

Re: QSPIX - thoughts on interesting fund

Thanks for the updates Larry. Much appreciated.
by matjen
Thu Jan 26, 2017 4:35 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1182
Views: 162565

Re: QSPIX - thoughts on interesting fund

What does this or the question(s) above from Lt. Columbo have to do with QSPIX? Perhaps start new threads to address your questions? you are right, I apologize; I got carried away I'll let it slide this time since I hold a bunch of DFA World ex US Targeted Val Instl (DWUSX) in both taxable and a 40...
by matjen
Thu Jan 26, 2017 12:09 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1182
Views: 162565

Re: QSPIX - thoughts on interesting fund

james22 wrote:Larry,

What are the practical differences between holding BRK and a passively managed fund that mimics the identified BRK factors?

Thanks.


What does this or the question(s) above from Lt. Columbo have to do with QSPIX? Perhaps start new threads to address your questions?
by matjen
Wed Jan 25, 2017 1:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 7276

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy Birthday Taylor!!!
by matjen
Sun Jan 22, 2017 5:49 pm
Forum: Investing - Theory, News & General
Topic: Factor-Diversified Portfolio
Replies: 175
Views: 13890

Re: Factor-Diversified Portfolio

Duffer, Here is what you are looking for: https://portfoliocharts.com/portfolios/ Spend time looking over the entire site but many popular portfolios are analyzed in the link above. Taylor's Three Fund Portfolio is a fantastic portfolio for most investors. It is not factor diverse however. That does...
by matjen
Fri Jan 20, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: FPL Capital Management
Replies: 13
Views: 1465

Re: FPL Capital Management

I was concerned about this report of a merger so I wrote FPL Capital Management. They informed me that Summit acquired FPL Asset Management, not FPL Capital Management. The ownership of FPL Capital Management is not the same as the ownership of FPL Asset Management. For what it's worth, we've had s...
by matjen
Fri Jan 20, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: Fama, Lo on optimal portfolios
Replies: 5
Views: 985

Re: Fama, Lo on optimal portfolios

Afan, thank you for posting this. My new favorite Fama interview. A must watch imo. :beer
by matjen
Sun Jan 15, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1182
Views: 162565

Re: QSPIX - thoughts on interesting fund

I added more QSPIX last week. Up to 7% of portfolio.
by matjen
Sat Jan 14, 2017 10:36 am
Forum: Investing - Theory, News & General
Topic: How Much To Tilt To Small Value?
Replies: 213
Views: 22528

Re: How Much To Tilt To Small Value?

I'd recommend the DFA funds and suggest you contact them. But there are alternatives, they aren't the only choice one can use. Might look at the Schwab Fundamental Index ETFs for example and others can recommend funds as well you can use. hilink, I'm a big Swedroe/DFA/AQR fan and utilize DFA and AQ...
by matjen
Fri Jan 13, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: Bloomberg - 5 Ominous Signs for the Securities Industry
Replies: 12
Views: 1553

Bloomberg - 5 Ominous Signs for the Securities Industry

There have been many articles like this one as the customers start migrating toward a more Boglehead philosophy. Some interesting stats in this one though. There is a chart showing Vanguard at #1 (with an enormous bullet as they say) and DFA #2 and AQR #4 in mutual fund asset flows this past year. h...
by matjen
Tue Jan 10, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: Anyone else having trouble with unrequested CVS auto-refills?
Replies: 55
Views: 2732

Re: Anyone else having trouble with unrequested CVS auto-refills?

I'm having the same issue. Finally succumbed to repeated requests by my Doctor to get on the lowest dose Statin and now I have to suffer from CVS calls over and over. :annoyed
by matjen
Mon Jan 09, 2017 4:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 100
Views: 13671

Re: Sad News About a Respected Forum Member

Old Meph is one of the go-to members of this forum for insurance and has helped many including me. Thank you for that Old Meph. I wish nothing but the best for you and yours. You will be missed but hopefully not for awhile. My thoughts are with you.

Matjen
by matjen
Fri Jan 06, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: Are Commodities Still a Good Portfolio Diversifier?
Replies: 51
Views: 2720

Are Commodities Still a Good Portfolio Diversifier?

I found this overview and its conclusions pretty persuasive. Thought others would be interested. Are Commodities Still a Good Portfolio Diversifier? Gary Antonacci The three portfolio studies above, as well as the Levine et al. results over the past 40 years, may be a more accurate view of what to e...
by matjen
Thu Jan 05, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity FullView
Replies: 15
Views: 1277

Re: Fidelity FullView

I have used it for a few years and think it is great. Like another poster above, there have been occasions where it stopped updating certain accounts for a few days or a few weeks but it eventually sorts itself out. It is the one place I can go where I can see an overview of my entire financial life...
by matjen
Sun Jan 01, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: A look at funds managed by the Vanguard Quantitative Equity Group (VUVLX, VSEQX, VSTCX, VMNFX, VMNVX, VASFX, VPGDX)
Replies: 19
Views: 2308

Re: A look at funds managed by the Vanguard Quantitative Equity Group (VUVLX, VSEQX, VSTCX, VMNFX, VMNVX, VASFX, VPGDX)

Lack_ey thank you for the very interesting post. Regarding VMNFX, I just have to weasel in that QSPIX rules! ;-) (Though flat year this year.) :-(

Happy New Year!
by matjen
Wed Dec 28, 2016 11:26 am
Forum: Investing - Theory, News & General
Topic: Interview I did with Chuck Jaffe of MoneyLife
Replies: 2
Views: 481

Re: Interview I did with Chuck Jaffe of MoneyLife

Shots fired! Shots fired! ;-) Nice interview Larry.
by matjen
Wed Dec 21, 2016 5:10 pm
Forum: Investing - Theory, News & General
Topic: DFA on Managing Expectations
Replies: 8
Views: 1717

Re: DFA on Managing Expectations

Great presentation. Thank you OP for bringing to our attention.
by matjen
Sun Dec 18, 2016 6:42 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's New Book is Available Now!
Replies: 155
Views: 16982

Re: Larry Swedroe's New Book is Available Now!

Hi Larry, Quick question for you regarding Exhibit J. You have DFA's US Vector Fund DFVEX categorized along with Large Value funds in the Single Style genre but you have the various DFA Core Funds (e.g. DFEOX) in the Multi-Style Genres with Profitability/Quality added. I was always of the impression...
by matjen
Thu Dec 15, 2016 6:38 pm
Forum: Investing - Theory, News & General
Topic: Damodaran on Active Vs. Passive, nice piece
Replies: 8
Views: 1229

Re: Damodaran on Active Vs. Passive, nice piece

Wow, that is a fantastic piece IMO. Well organized, not too technical, and it covers most, if not all, of the arguments one often hears. I love his humility toward the end regarding valuation of companies. Thanks for posting Larry.
by matjen
Thu Dec 08, 2016 3:01 pm
Forum: Investing - Theory, News & General
Topic: AQR - Alternative Thinking 4Q 2016: Superstar Investors
Replies: 22
Views: 1589

Re: AQR - Alternative Thinking 4Q 2016: Superstar Investors

Ok, I buy that. I don't have a good handle on the time frames involved... are we missing anyone else who earned long-term alpha like that? Buffett and Soros are both very smart, successful investors, but it would seem that Lynch is (was) in a league of his own. Renaissance Technologies Medallion Fu...
by matjen
Thu Dec 08, 2016 10:30 am
Forum: Investing - Theory, News & General
Topic: AQR - Alternative Thinking 4Q 2016: Superstar Investors
Replies: 22
Views: 1589

Re: AQR - Alternative Thinking 4Q 2016: Superstar Investors

Come on nedsaid! AQR isn't saying you will have the same or similar net worth. Just similar returns on a portfolio if you stay disciplined. I know you are joking a bit but being this literal in order to criticize the genre is a tad disingenuous.
by matjen
Wed Dec 07, 2016 9:50 pm
Forum: Investing - Theory, News & General
Topic: AQR - Alternative Thinking 4Q 2016: Superstar Investors
Replies: 22
Views: 1589

Re: AQR - Alternative Thinking 4Q 2016: Superstar Investors

Bloomberg article on the AQR paper: https://www.bloomberg.com/news/articles/2016-12-07/buffett-soros-and-the-role-of-robotic-logic-in-investing-riches How Anyone Can Invest Like Warren Buffett AQR compared Buffett’s and Soros’s returns with portfolios automatically tuned to investment styles deemed ...
by matjen
Wed Dec 07, 2016 7:51 pm
Forum: Investing - Theory, News & General
Topic: AQR - Alternative Thinking 4Q 2016: Superstar Investors
Replies: 22
Views: 1589

AQR - Alternative Thinking 4Q 2016: Superstar Investors

Alternative Thinking 4Q 2016: Superstar Investors https://www.aqr.com/library/aqr-publications/alternative-thinking-4q-2016 Many famous investors are outspoken about their investment philosophies, and carefully apply them to a select number of securities. In this Alternative Thinking, we seek to app...
by matjen
Wed Dec 07, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: Swedroe's book
Replies: 25
Views: 2836

Re: Swedroe's book

stumblebum We worked with firm we had worked with before who has lots of experience. Mistakes just happen. And they were not ours in the submission. That was checked even after we learned of the mistakes. And it's out of print because we are making the corrections. My undergraduate diploma from the...
by matjen
Tue Dec 06, 2016 9:04 am
Forum: Investing - Help with Personal Investments
Topic: How much risk do we need to take? Retired at age 47.
Replies: 56
Views: 6416

Re: How much risk do we need to take? Retired at age 47.

1) You are relatively young and have a long retirement horizon ahead of you so you can't get too conservative, but 2) You also have a fairly large nest egg that could be severely affected by a bear market. It hurts much more to lose 7 figures than low 6 figures in a bear market. Especially when you ...
by matjen
Mon Dec 05, 2016 6:30 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 230
Views: 26778

Re: Roll Call for the Retirement Class of 2016!

As of today, I will be a proud member of the Class of 2016. Notice given today. Last day of work is 12/30/16. Just made it!
by matjen
Sun Dec 04, 2016 9:51 pm
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 79
Views: 7307

Re: Men's Fashion - Best Bang for Buck

Another vote for Uniqlo. Especially if you are on the thinner side. Great value and modern style.

https://www.uniqlo.com/us/en/men/
by matjen
Sat Dec 03, 2016 5:03 pm
Forum: Investing - Theory, News & General
Topic: Nice short Vanguard videos on factor based investing
Replies: 31
Views: 2979

Re: Nice short Vanguard videos on factor based investing

Here is a link to the UK site. Vanguard has a momentum ETF, a value ETF, a liquidity ETF, etc. https://www.vanguard.co.uk/adviser/adv/investments/investments/all-products?productType=etf Yes, but can U.S. retail investors use U.K. Vanguard funds? Thanks Larry for the explanation. I would guess not....
by matjen
Sat Dec 03, 2016 3:12 pm
Forum: Investing - Theory, News & General
Topic: Nice short Vanguard videos on factor based investing
Replies: 31
Views: 2979

Re: Nice short Vanguard videos on factor based investing

Here is a link to the UK site. Vanguard has a momentum ETF, a value ETF, a liquidity ETF, etc.

https://www.vanguard.co.uk/adviser/adv/ ... ctType=etf
by matjen
Thu Dec 01, 2016 11:47 am
Forum: Investing - Theory, News & General
Topic: Three fund portfolio for retirement
Replies: 79
Views: 9593

Re: Three fund portfolio for retirement

Bobk,

As always, thank you for championing the LifeCycle investing point of view. Although not for everyone, I think this is a very good strategy for many and should be considered seriously. :beer

Matjen
by matjen
Tue Nov 29, 2016 10:07 am
Forum: Personal Consumer Issues
Topic: Tesla X
Replies: 260
Views: 41313

Re: Tesla X

14th out of 15th. Could be worse! http://money.cnn.com/2016/11/28/autos/tesla-model-x-consumer-reports/index.html?iid=ob_homepage_deskrecommended_pool Tesla's super-hot Model X SUV just took a beating in Consumer Reports magazine. The verdict: "fast but flawed." "In spite of its virtu...
by matjen
Mon Nov 28, 2016 8:39 am
Forum: Investing - Theory, News & General
Topic: Not DFA - what are the best Value and MOM funds?
Replies: 20
Views: 2573

Re: Not DFA - what are the best Value and MOM funds?

^+1 It is a very cool feature. Read the small print however. It assumes monthly rebalancing of the replacement funds. So not exactly apples to apples but still interesting and useful.
by matjen
Sat Nov 26, 2016 10:44 pm
Forum: Investing - Theory, News & General
Topic: A look at the research and evidence on time-series MOM
Replies: 140
Views: 12088

Re: A Private Message (PM) About Momentum Funds

But let's be honest. The people reading this thread are the same 10 or so factor investing dorks such as myself (I could virtually name all 10 people). Who are you calling a dork!?! :D Yay Vanguard & Bogle Yay DFA & Fama/French Yay AQR & Asness/Ilmanen YAY Open mindedness, variety of pe...
by matjen
Tue Nov 22, 2016 5:44 pm
Forum: Investing - Theory, News & General
Topic: Renaissance Technologies - Inside a Moneymaking Machine Like No Other
Replies: 54
Views: 5449

Re: Renaissance Technologies - Inside a Moneymaking Machine Like No Other

AQR has over 30 funds and their performance (with but one or two exceptions) has been average to dismal. Some have negative 5 year annualized returns. And the forum favorite here - QMHIX - is down 14.45% over the past year and has made only 3.04% annualized the past three years. These are faddish f...
by matjen
Tue Nov 22, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: Renaissance Technologies - Inside a Moneymaking Machine Like No Other
Replies: 54
Views: 5449

Re: Renaissance Technologies - Inside a Moneymaking Machine Like No Other

Matjen What is a Quant and Hold investor? I usually think of them as opposite unless it is something like pick a factor for long run Curious QJ It just means that I subscribe to all the traditional Boglehead principles and also believe in factors. So my portfolio isn't cap weighted but I do rebalan...
by matjen
Tue Nov 22, 2016 7:42 am
Forum: Investing - Theory, News & General
Topic: DFA vs Vanguard (I know, I know)
Replies: 34
Views: 4264

Re: DFA vs Vanguard (I know, I know)

Thanks for the insight everyone. I have been contemplating paying an advisory service for DFA access. But with the fee plus the increased ER of DFA funds, I would be paying almost a full 1% over vanguard for more "pure" SCV exposure. I am 100% equities, 65% of that is SCV and 35% is emerg...
by matjen
Mon Nov 21, 2016 7:30 pm
Forum: Investing - Theory, News & General
Topic: Renaissance Technologies - Inside a Moneymaking Machine Like No Other
Replies: 54
Views: 5449

Renaissance Technologies - Inside a Moneymaking Machine Like No Other

So I generally describe myself as a Quant & Hold Investor. I believe the markets are generally efficient and that the Vanguard approach to inexpensive and diversified beta or the DFA/AQR/Swedroe approach of factor investing at a reasonable price are the best methods for 99.9% of investors. HOWEV...

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