Search found 546 matches

by get_g0ing
Thu Nov 21, 2019 7:39 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I wish those following the strategy are doing well. A question in terms of staying the course with this strategy: Starting with the portfolio balance as of today, how much it could go down and would still be considered normal/expected for this strategy? And in what time frame? I'd like to get an id...
by get_g0ing
Thu Nov 21, 2019 2:41 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I wish those following the strategy are doing well. A question in terms of staying the course with this strategy: Starting with the portfolio balance as of today, how much it could go down and would still be considered normal/expected for this strategy? And in what time frame? I'd like to get an ide...
by get_g0ing
Thu Nov 07, 2019 11:45 am
Forum: Personal Consumer Issues
Topic: Surveillance/Privacy books
Replies: 1
Views: 261

Surveillance/Privacy books

Hi, I came across an interview on EconTalk of the author of the book "Surveillance Capitalism". So I went to Audible and looked up the book. There were several related books sowing up, including those on the themes of "attention economy". I believe some of the books in these categories would be well...
by get_g0ing
Mon Nov 04, 2019 9:50 am
Forum: Investing - Theory, News & General
Topic: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?
Replies: 91
Views: 5318

Re: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?

5) you will severely underperform in a rising rates environment I liked your summary, thanks for that. Is 5) due to the TMF component? If so, then I'd assume the more TMF % allocated the more sensitive the portfolio would be to rising rates? Does replacing it with EDV mitigate against 5? Thanks.
by get_g0ing
Sat Nov 02, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?
Replies: 91
Views: 5318

Re: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?

Great idea, really. And thanks for volunteering to do so. Who knows it might one day become a classic :p Couple of topics you can consider addressing: - How does it aligns with the main BH principles (which ones it adheres to and where it deviates). - What are the critical things that need to happe...
by get_g0ing
Sat Nov 02, 2019 8:30 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

mrspock wrote:
Sat Nov 02, 2019 2:21 am
Time for my quarterly check-in: I'm up 49% since Feb 12th (I had to triple check the math here, but it's correct), doing the 50/50 version of this w/ quarterly rebalance.
HEDGEFUNDIE wrote:
Sat Nov 02, 2019 2:35 am
I just rebalanced as well. I am up 54%.
Thanks for checking in guys. Congratulations :beer
by get_g0ing
Wed Oct 30, 2019 5:43 pm
Forum: Investing - Theory, News & General
Topic: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?
Replies: 91
Views: 5318

Re: Any interest in concise guide to HEDGEFUNDIE 3x Leveraged ETF Excellent Adventure?

What are your thoughts if there was a concise guide that packed all the highlights, key tenants, and graphs into an easy to read manner? Great idea, really. And thanks for volunteering to do so. Who knows it might one day become a classic :p Couple of topics you can consider addressing: - How does ...
by get_g0ing
Sat Oct 26, 2019 8:45 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

One aspect I didn't see discussed (unless I missed it), that would be interesting (because we have in common the belief in BH philosophy): Where does this strategy align with BH principles and where does it deviate? I mean if the Three-Fund is the quintessential BH portfolio (i.e. checking the most ...
by get_g0ing
Thu Oct 24, 2019 11:22 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Question for OP and others who (believe to) have a good understanding. Can we summarize and state the primary assumptions that would make this strategy work - i.e. what needs to happen over the next years to make this strategy a big hit? And also, what would need to happen to make this a big flop?
by get_g0ing
Wed Oct 23, 2019 7:20 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

MetaPhysician wrote:
Wed Oct 23, 2019 12:58 am
Serious question...would anyone be interested in reading a guide with all the Excellent Adventure information in one place so you wouldn't have read through 75+ pages of the thread?
Yes, I think it would be very useful.
by get_g0ing
Mon Oct 21, 2019 7:21 pm
Forum: Personal Consumer Issues
Topic: Recommend audiobooks on Financial fraud
Replies: 3
Views: 312

Re: Recommend audiobooks on Financial fraud

hdas wrote:
Mon Oct 21, 2019 12:13 pm
Match King by Frank Partnoy
alex_686 wrote:
Mon Oct 21, 2019 12:18 pm
Financial Shenanigans by Howard M. Schilit might be the exception. Then there are the fun books. Enron: The Smartest Guys in the Room and The Predators' Ball are 2 that come to mind.
I'll look into these suggestions.
by get_g0ing
Mon Oct 21, 2019 12:04 pm
Forum: Personal Consumer Issues
Topic: Recommend audiobooks on Financial fraud
Replies: 3
Views: 312

Recommend audiobooks on Financial fraud

Hello BHs, I wish you all had a good weekend :) I'm interested in learning about the financial frauds and scams that have happened in the past. Those of you who are into Audiobooks, can you recommend some audio books that give an overview of the financial shenanigans over the years. I saw a couple o...
by get_g0ing
Mon Oct 21, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Re: Help me think about Pakistani bond

It's very possible that the USD will lose a lot of value relative to Pakistani currency, rendering your retirement savings less valuable in your future home currency. Wouldn't it likely be the other way, i.e. Pakistani currency would lose value compared to USD (as has been happening)? Here's the hi...
by get_g0ing
Sun Oct 20, 2019 4:55 pm
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Re: Help me think about Pakistani bond

I know people whose spending needs were in US dollars but had significant funds (for them) in Turkish banks. The banks were paying a very good interest rate! Sadly, when the Turkish lira plummeted in value versus the dollar, things turned out very badly, as in losing 1/2 their money. But disregardi...
by get_g0ing
Sun Oct 20, 2019 4:52 pm
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Re: Help me think about Pakistani bond

It seems like everyone's answers so far are in terms of what the OP should do. I'm curious as to what OP's Pakistani friend should do. Suppose I'm from Pakistan, with family ties, etc. in Pakistan, but I'm living in the US. Is this still as bad of a deal for me as it would be for the average Americ...
by get_g0ing
Sun Oct 20, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Re: Help me think about Pakistani bond

As mentioned in different pieces 1. Inflation Covered interest parity says that for the same credit quality, any higher rate will be eroded once you change back currencies at the end of the period. 2. Currency risk There is uncovered interest parity risk where it deviates for a period of time, but ...
by get_g0ing
Sun Oct 20, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Re: Help me think about Pakistani bond

Hello fellow BHs, I was having a discussion with a Pakistani friend who is visiting the US. Can someone help me understand this investment please: A 10-year government certificate/bond in Pakistan returns 13.01% compound over 10 years (i.e. 100 = 340 in 10 years). The tax is 15%, so we calculated t...
by get_g0ing
Sat Oct 19, 2019 6:57 pm
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Re: Help me think about Pakistani bond

Yikes... stick to the 3-fund. You have been super active in the leveraged equity/bond threads, and now Pakistani bonds?! What is next; leveraged Pakistani bonds :twisted: . Turkish bonds were yielding quite a bit more even before the recent unrest; I'd go that route. :mrgreen: haha, my protective f...
by get_g0ing
Sat Oct 19, 2019 6:34 pm
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Re: Help me think about Pakistani bond

Can individual foreign investors even invest in Pakistani bonds ? Aren't there exchange controls on Pakistani currency ? if an individual foreign investor can't buy Pakistani bonds denominated in the local currency, then I don't think this question is actionable. Foreign investors can buy. Foreign ...
by get_g0ing
Sat Oct 19, 2019 5:33 pm
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Re: Help me think about Pakistani bond

SlowMovingInvestor wrote:
Sat Oct 19, 2019 5:19 pm
Can individual foreign investors even invest in Pakistani bonds ? Aren't there exchange controls on Pakistani currency ?

if an individual foreign investor can't buy Pakistani bonds denominated in the local currency, then I don't think this question is actionable.
Foreign investors can buy.
by get_g0ing
Sat Oct 19, 2019 4:38 pm
Forum: Investing - Theory, News & General
Topic: Help me think about Pakistani bond
Replies: 55
Views: 5026

Help me think about Pakistani bond

Hello fellow BHs, I was having a discussion with a Pakistani friend who is visiting the US. Can someone help me understand this investment please: A 10-year government certificate/bond in Pakistan returns 13.01% compound over 10 years (i.e. 100 = 340 in 10 years). The tax is 15%, so we calculated th...
by get_g0ing
Fri Oct 18, 2019 8:09 am
Forum: Investing - Theory, News & General
Topic: PV experts: Help me align M1 Finance
Replies: 5
Views: 735

Re: PV experts: Help me align M1 Finance

Any takers :) Have you been adding additional funds on a weekly/monthly/quarterly basis to your pie? Hello, no it's a fresh pie I created which shows returns based on $100 initial investment (with no rebalancing and no reinvestment). So I was trying to match that in PV. Not a big deal really, I was...
by get_g0ing
Fri Oct 18, 2019 8:06 am
Forum: Investing - Theory, News & General
Topic: PV experts: Help me align M1 Finance
Replies: 5
Views: 735

Re: PV experts: Help me align M1 Finance

You would need to get daily closing values of VTI and BND and import them into PV. PV only does things monthly Three was a big downturn first two weeks of Oct 2018, I'm sure that's why the difference. Why do you care? Just wait until Nov 1 and then they should match up. Hi rascott, I don't care tha...
by get_g0ing
Thu Oct 17, 2019 6:20 pm
Forum: Personal Investments
Topic: How to buy NTSX in Vanguard [large spread]?
Replies: 13
Views: 801

Re: How to buy NTSX in Vanguard [large spread]?

Yes, I see that now (normal looking bid/ask spread). I was looking at it before market open. So is this a general rule for ETFs? i.e. only place order during market open hours? One other thing: Vanguard let me buy mutual funds directly funded from linked bank account (I didn't have to transfer firs...
by get_g0ing
Thu Oct 17, 2019 2:59 pm
Forum: Personal Investments
Topic: How to buy NTSX in Vanguard [large spread]?
Replies: 13
Views: 801

Re: How to buy NTSX in Vanguard [large spread]?

:mrgreen: Yes, I see that now (normal looking bid/ask spread). I was looking at it before market open. So is this a general rule for ETFs? i.e. only place order during market open hours? One other thing: Vanguard let me buy mutual funds directly funded from linked bank account (I didn't have to tra...
by get_g0ing
Thu Oct 17, 2019 12:39 pm
Forum: Personal Investments
Topic: How to buy NTSX in Vanguard [large spread]?
Replies: 13
Views: 801

Re: How to buy NTSX in Vanguard [large spread]?

Wait for later in the day. Right now, it is Bid $28.00, Ask $28.05. Hello BHs, Can someone please guide me on the best way to buy NTSX in Vanguard. The main confusion I have is the HUGE difference between Bid and Ask. I am assuming that I should not place Market order. https://i.imgur.com/uHxK7mW.j...
by get_g0ing
Thu Oct 17, 2019 8:35 am
Forum: Personal Investments
Topic: How to buy NTSX in Vanguard [large spread]?
Replies: 13
Views: 801

How to buy NTSX in Vanguard [large spread]?

Hello BHs, Can someone please guide me on the best way to buy NTSX in Vanguard. The main confusion I have is the HUGE difference between Bid and Ask. I am assuming that I should not place Market order. https://i.imgur.com/uHxK7mW.jpg I checked some other ETFs and the difference in Bid and Ask is in ...
by get_g0ing
Wed Oct 16, 2019 3:50 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

... 55/45 UPRO/TMF and 43/57 UPRO/EDV are the same portfolio (same ratio of volatility over the long run) but the 55/45 UPRO/TMF one has ~28% more leverage overall. Hi MotoTrojan, So I've been trying to learn a bit more on this. One question: How did you calculate that 55/45 UPRO/TMF would equate 4...
by get_g0ing
Wed Oct 16, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: PV experts: Help me align M1 Finance
Replies: 5
Views: 735

PV experts: Help me align M1 Finance

Hello, In M1 Finance, I created a pie with 80/20 VTI/BND (Vanguard total stock, Vanguard total bond). https://i.imgur.com/qCmW9hL.jpg For 1Y it shows a return of 6.04% (Balance $106.04) How do I replicate this in Portfolio Visualizer please? I tried the following settings but it didn't get me close,...
by get_g0ing
Wed Oct 16, 2019 2:53 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

... 55/45 UPRO/TMF and 43/57 UPRO/EDV are the same portfolio (same ratio of volatility over the long run) but the 55/45 UPRO/TMF one has ~28% more leverage overall. Hi MotoTrojan, So I've been trying to learn a bit more on this. One question: How did you calculate that 55/45 UPRO/TMF would equate 4...
by get_g0ing
Wed Oct 16, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Book: "What Your Financial Advisor Isn't Telling You"
Replies: 8
Views: 1185

Re: Book: "What Your Financial Advisor Isn't Telling You"

Have you read the sample pages from Amazon? Also you should check your library. Our public library has a copy. Although I have not read this particular book, I have read a few related books. By experience is that they do not offer anything that I do not already know or anything that I could not lea...
by get_g0ing
Wed Oct 16, 2019 2:29 pm
Forum: Personal Consumer Issues
Topic: Book: "What Your Financial Advisor Isn't Telling You"
Replies: 8
Views: 1185

Re: Book: "What Your Financial Advisor Isn't Telling You"

Having spent time at Bogleheads and already availing yourself of the educational materials here what is it you are seeking to learn. Unless you have a specific need for the knowledge purported to be shared in this book what makes you interested in it. Cheers I was reading through some personal fina...
by get_g0ing
Wed Oct 16, 2019 10:35 am
Forum: Personal Consumer Issues
Topic: Book: "What Your Financial Advisor Isn't Telling You"
Replies: 8
Views: 1185

Book: "What Your Financial Advisor Isn't Telling You"

Hi,

I came across this book called "What Your Financial Advisor Isn't Telling You".

Has anyone here read it and able to offer their comments on it please? Would it be a recommend read or pass?

Does it compare in any way to "Pound Foolish" by Helaine Olen?

Thank you.
by get_g0ing
Mon Oct 14, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: How to calculate taxes for selling/converting fund?
Replies: 3
Views: 315

Re: How to calculate taxes for selling/converting fund?

You've got it right. Fine points - make sure there are no "realized" gains or losses that from prior sales (unlikely, but one can forget). Selling for any reason is the same. If you bought shares at different times, there might be different "lots" with different cost basis, so you might be able to ...
by get_g0ing
Sun Oct 13, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate taxes for selling/converting fund?
Replies: 3
Views: 315

How to calculate taxes for selling/converting fund?

Hi friends, Requesting your feedback on two things: 1. I mainly have VTSAX (Vanguard total stock) in my taxable account. I've never sold in my taxable account, so as FYI for myself, I want to understand how to calculate tax owed if I: i) sold everything or ii) converted one fund to another. I looked...
by get_g0ing
Sat Oct 12, 2019 7:46 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Hi MotoTrojan, Question about the 43/57 UPRO/EDV allocation: In Part I, OP had 40/60 UPRO/TMF, but then realized that the UPRO wasn't enough, so gave it a huge bump to 55/45 UPRO/TMF. In 43/57 UPRO/EDV, isn't the UPRO too low? I'm not saying that it is, I'm just wanting to understand if the expecta...
by get_g0ing
Sat Oct 12, 2019 12:50 pm
Forum: Investing - Theory, News & General
Topic: What's a way to determin what is tax-efficient?
Replies: 14
Views: 1570

Re: What's a way to determin what is tax-efficient?

1. What's a reliable way you guys use to determine whether a Fund or ETF is tax-efficient or not? Is there a standard go-to method for this? I come across posts like fund xyz is very tax-efficient or not tax-efficient, so I'm wondering that's the criterion? The reliable go-to method for this is for...
by get_g0ing
Sat Oct 12, 2019 12:46 pm
Forum: Investing - Theory, News & General
Topic: What's a way to determin what is tax-efficient?
Replies: 14
Views: 1570

Re: What's a way to determin what is tax-efficient?

If you are looking for relative tax efficiency for a given fund as opposed to actual tax efficiency based on your taxes just look in the prospectus or online. All funds show the return for 1,3,5,10 and/or lifetime net of fees, after taxes on distributions and after taxes on distributions and sale o...
by get_g0ing
Sat Oct 12, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: What's a way to determin what is tax-efficient?
Replies: 14
Views: 1570

Re: What's a way to determin what is tax-efficient?

Morningstar used to have tax-adjusted returns for each fund (I believe these were calculated assuming you were in the highest federal bracket and no state tax) but I'm not seeing that information now, maybe it's a subscriber-only feature. It was one way to see the impact of tax efficiency on return...
by get_g0ing
Sat Oct 12, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Also, I was messing with Portfolio Visualizer and M1. When I create a 50/50 pie in M1, it shows 5Y as 115.12% https://i.imgur.com/LV0LAv8.jpg If I recreate in PV, it shows CAGR 15.53% https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2014&firstMonth=10&endYear=2019&l...
by get_g0ing
Sat Oct 12, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 1513
Views: 110046

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Hi MotoTrojan, Question about the 43/57 UPRO/EDV allocation: In Part I, OP had 40/60 UPRO/TMF, but then realized that the UPRO wasn't enough, so gave it a huge bump to 55/45 UPRO/TMF. In 43/57 UPRO/EDV, isn't the UPRO too low? I'm not saying that it is, I'm just wanting to understand if the expecta...
by get_g0ing
Sat Oct 12, 2019 10:08 am
Forum: Investing - Theory, News & General
Topic: NTSX discussion: compared to VOO
Replies: 49
Views: 2572

Re: NTSX discussion: compared to VOO

10% of the fund is invested in futures with an overall leverage of 6 to 1. This part of the portfolio can either outperform or underperform in the SP500. Historically, 6:1 leveraged treasuries have outperformed the SP500 as shown below (but who knows what the future holds): Portfolio Visualizer Bac...
by get_g0ing
Sat Oct 12, 2019 9:59 am
Forum: Investing - Theory, News & General
Topic: NTSX discussion: compared to VOO
Replies: 49
Views: 2572

Re: NTSX discussion: compared to VOO

Since NTSX tries to behave like 90/60 stocks/bonds, it can't be equated to the S&P 500 at all. WisdomTree has explained that comparison to a 100% equity position is a valid use-case of their fund. Use Cases For The WisdomTree 90/60 U.S. Balanced Fund My starting point was very technical and specifi...
by get_g0ing
Fri Oct 11, 2019 8:37 pm
Forum: Investing - Theory, News & General
Topic: NTSX discussion: compared to VOO
Replies: 49
Views: 2572

Re: NTSX discussion: compared to VOO

As I understand it, the intended use of NTSX as presented by WisdomTree is to replace that 33.33% cash with something more interesting, with the idea of benefitting from low correlation with stocks, without being dragged down if the interesting assets have lower return that a 60/40 portfolio has. W...
by get_g0ing
Fri Oct 11, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Advantages of Vanguard over M1 Finance? + Buffett question
Replies: 25
Views: 1782

Re: Advantages of Vanguard over M1 Finance? + Buffett question

Buffer does not 'invest' in stocks - he is more of the leveraged buy out person. when he buys he then directly influences and manages the companies he 'invested' in - i.e. management reporting to him (in private companies) or gets seat(s) on the board of public companies and directly influences the...
by get_g0ing
Fri Oct 11, 2019 7:35 pm
Forum: Investing - Theory, News & General
Topic: NTSX discussion: compared to VOO
Replies: 49
Views: 2572

Re: NTSX discussion: compared to VOO

As I understand it, the intended use of NTSX as presented by WisdomTree is to replace that 33.33% cash with something more interesting, with the idea of benefitting from low correlation with stocks, without being dragged down if the interesting assets have lower return that a 60/40 portfolio has. W...
by get_g0ing
Fri Oct 11, 2019 7:27 pm
Forum: Investing - Theory, News & General
Topic: NTSX discussion: compared to VOO
Replies: 49
Views: 2572

Re: NTSX discussion: compared to VOO

@MotoTrojan -- From what I remember, PIMCO funds have a much higher expense ratio, are less tax efficient, and their investment strategy is more opaque. When I previously looked at their performance compared to NTSX, they were inferior. But others may disagree. I can comment that 2 year treasury fu...
by get_g0ing
Fri Oct 11, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: NTSX discussion: compared to VOO
Replies: 49
Views: 2572

Re: NTSX discussion: compared to VOO

Yes, the way that I view is NTSX is that it's essentially holding the SP500 with (a hopefully) slightly smaller volatility and slightly boosted return. The theoretical reason for the (expected) reduced volatility is because treasuries and the SP500 are zero or slightly negatively correlated. The re...
by get_g0ing
Fri Oct 11, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Advantages of Vanguard over M1 Finance? + Buffett question
Replies: 25
Views: 1782

Re: Advantages of Vanguard over M1 Finance? + Buffett question

Buffer does not 'invest' in stocks - he is more of the leveraged buy out person. when he buys he then directly influences and manages the companies he 'invested' in - i.e. management reporting to him (in private companies) or gets seat(s) on the board of public companies and directly influences the...