Search found 34 matches

by hyperon
Mon Oct 05, 2020 11:44 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation, How to Choose
Replies: 13
Views: 1084

Re: Asset Allocation, How to Choose

You sound like a good candidate for the three-fund portfolio (as previously mentioned by Robot Monster above): https://www.bogleheads.org/wiki/Three-fund_portfolio . Vanguard is owned by the shareholders. Though I don't have much experience with Vanguard, I have heard consistent feedback on this sit...
by hyperon
Thu Sep 24, 2020 10:37 pm
Forum: Investing - Theory, News & General
Topic: Swenson's Yale Portfolio
Replies: 23
Views: 2245

Re: Swenson's Yale Portfolio

I honestly don't understand the point of comparing the Swenson portfolio's performance to the S&P500. It completely ignores that the goals that govern Swenson's portfolio construction are not going to be the same as those of a retail investor (oh, what Norm said!). Isn't comparing everything to ...
by hyperon
Mon Sep 07, 2020 11:51 pm
Forum: Personal Consumer Issues
Topic: Help me choose 2 audible books!
Replies: 32
Views: 1599

Re: Help me choose 2 audible books!

Count of Monte Cristo - Dumas - outstanding narration by John Lee - this is a long one - 47 hours, but is just excellent I don't know about the OP, but this just landed on my wishlist. Thanks for that! 47 hours of John Lee reading the Count of Monte Cristo sounds like an excellent plan for the wint...
by hyperon
Mon Sep 07, 2020 11:04 pm
Forum: Personal Consumer Issues
Topic: Help me choose 2 audible books!
Replies: 32
Views: 1599

Re: Help me choose 2 audible books!

Hi OP, Love Audible! Though I've actually had to put my account on pause as I do much less listening now that I'm not driving 8 hours or so a week. One credit a month (Gold Plan) doesn't seem like much until a pandemic hits. Big sci-fi fan here, so if you don't like sci-fi, skip the first list: Read...
by hyperon
Fri Aug 28, 2020 9:42 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

rkhusky wrote: Fri Aug 28, 2020 9:37 pm Just because something is rare or scarce does not mean it is valuable.
I don't think anybody is saying otherwise.
by hyperon
Fri Aug 28, 2020 9:31 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

Quantum computing will kill Bitcoin, if Bitcoin doesn’t die before then. Sure, maybe (some big ifs in there), but if quantum computing gets that far then all our other electronically held investments are very likely equally at risk. Not really, because security for other systems can be updated. The...
by hyperon
Fri Aug 28, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

It is a scam. One day Bitcoin will be worthless. It's mathematically inevitable. Madoff's Ponzi scheme lasted what 16+ years. Bitcoin's been around for at most 11 years. One day everything will be worthless. It's a non-prediction. It's mathematically inevitable. Please explain. Quantum computing wi...
by hyperon
Fri Aug 28, 2020 8:20 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

There were threads on Bitcoin going back to 2011 here and I am astonished how these forum posters keep repeating the same line "scam" "worthless" even when it gone from 1$ to 11,000 USD. You would think they would have gotten more humble in their ramblings due to how wrong they ...
by hyperon
Fri Aug 28, 2020 5:38 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

I will also note that the scarcity claim is absurd. There is no scarcity of numbers and no scarcity of cryptocurrencies that can be created. Sorry, but this comment shows a clear misunderstanding of what is meant by Bitcoin's scarcity, especially "and no scarcity of cryptocurrencies that can b...
by hyperon
Fri Aug 28, 2020 5:35 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

I will also note that the scarcity claim is absurd. There is no scarcity of numbers and no scarcity of cryptocurrencies that can be created. Sorry, but this comment shows a clear misunderstanding of what is meant by Bitcoin's scarcity, especially "and no scarcity of cryptocurrencies that can b...
by hyperon
Fri Aug 28, 2020 5:21 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

I will also note that the scarcity claim is absurd. There is no scarcity of numbers and no scarcity of cryptocurrencies that can be created. Sorry, but this comment shows a clear misunderstanding of what is meant by Bitcoin's scarcity, especially "and no scarcity of cryptocurrencies that can b...
by hyperon
Fri Aug 28, 2020 5:16 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

Hi all, I'm agnostic on Bitcoin, but would be interested to know what some of the more economics-minded posters think of the Winklevoss twins' arguments as to why the Dollar, gold, and oil are not long-term stores of value, but Bitcoin is: https://winklevosscapital.com/the-case-for-500k-bitcoin/ Oh...
by hyperon
Fri Aug 28, 2020 5:09 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

There are 3 things certain in life. Death. Taxes. And that in every bitcoin thread there is at least one fanboy (who somehow drifted over here from reddit land) who states that Bogleheads are ignorant because they just don't understand bitcoin enough and that it has gone up so much in the past, moc...
by hyperon
Fri Aug 28, 2020 5:00 pm
Forum: Investing - Theory, News & General
Topic: Winklevoss: The Case for $500,000 Bitcoin
Replies: 349
Views: 23838

Re: Winklevoss: The Case for $500,000 Bitcoin

There were threads on Bitcoin going back to 2011 here and I am astonished how these forum posters keep repeating the same line "scam" "worthless" even when it gone from 1$ to 11,000 USD. You would think they would have gotten more humble in their ramblings due to how wrong they ...
by hyperon
Thu Aug 27, 2020 2:22 pm
Forum: Investing - Theory, News & General
Topic: Fed wants inflation
Replies: 30
Views: 3052

Re: Fed wants inflation

FIREchief wrote: Thu Aug 27, 2020 2:00 pm
rich126 wrote: Thu Aug 27, 2020 1:08 pm And of course the government doesn't want high inflation since that would make the debt payments too high thus wanting a 2-4% inflation range.
I thought it was the exact opposite. :confused
Agree. The debt doesn't inflate, so inflation is beneficial for paying down the debt.
by hyperon
Tue Aug 25, 2020 10:11 pm
Forum: Personal Investments
Topic: Personal Finance Advice for New PhD
Replies: 26
Views: 2340

Re: Personal Finance Advice for New PhD

I would live off my spouse's salary and save everything. Your income is rather high and will get higher, so you can afford to: 1. Contribute max to your 403(b) or 401(k). Yes, you should do the 403(b) probably before you do Roth IRAs. 2. Contribute max to your spouse's 403(b) or 401(k), 3. Contribu...
by hyperon
Tue Aug 25, 2020 9:51 pm
Forum: Personal Investments
Topic: Personal Finance Advice for New PhD
Replies: 26
Views: 2340

Re: Personal Finance Advice for New PhD

Time in the market is key, so I'd definitely max out those Roth IRAs first. Then I'd suggest investigating your 403b options and potentially dumping the rest in there. Rather than accumulating cash for a home purchase now, get money in the market now, avoid lifestyle creep, and when your salary incr...
by hyperon
Thu Aug 20, 2020 10:48 am
Forum: Personal Consumer Issues
Topic: MAC computer problem
Replies: 12
Views: 826

Re: MAC computer problem

Since you obviously still have access to the internet one way or the other (meaning you are now using a different computer to access the internet), assuming you don't have documents on your local hard drive that have your account information (account #'s and such), you could just change all your pas...
by hyperon
Thu Aug 20, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 234
Views: 31235

Re: Bitcoin: What is it, in Plain English

When it comes to long-term investing, Bitcoin and gold are functionally equivalent. Gold has been used as a currency and store of value for literally thousands of years. Bitcoin has been around for about 10 minutes. I don't think "Bitcoin" and "long-term investing" should be use...
by hyperon
Thu Aug 20, 2020 12:47 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 234
Views: 31235

Re: Bitcoin: What is it, in Plain English

When it comes to long-term investing, Bitcoin and gold are functionally equivalent. Gold has been used as a currency and store of value for literally thousands of years. Bitcoin has been around for about 10 minutes. I don't think "Bitcoin" and "long-term investing" should be use...
by hyperon
Thu Aug 20, 2020 12:39 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 234
Views: 31235

Re: Bitcoin: What is it, in Plain English

There is just a whole lot of wrong in this thread from both supporters and dissenters. What ever happened to an informed opinion? For those of you that are interested in learning more about Bitcoin I'd recommend "The Bitcoin Standard" by Saifedean Ammous. I'm not saying that I personally a...
by hyperon
Wed Aug 19, 2020 2:34 pm
Forum: Investing - Theory, News & General
Topic: Can Academics Beat the Stock Market?
Replies: 109
Views: 7519

Re: Can Academics Beat the Stock Market?

First, let's start by assuming the financial markets are a sphere...
by hyperon
Wed Aug 19, 2020 12:06 pm
Forum: Investing - Theory, News & General
Topic: Can Academics Beat the Stock Market?
Replies: 109
Views: 7519

Re: Can Academics Beat the Stock Market?

I believe the data does show that the big smart institutional investors do outperform the indexes. Sorry Dave, you are mistaken: The "big smart institutional investors" at our colleges earned an average of 5.3% in 2019. Meanwhile Vanguard Total Stock Market earned 30.8% . https://www.insi...
by hyperon
Wed Aug 19, 2020 12:24 am
Forum: Investing - Theory, News & General
Topic: Can Academics Beat the Stock Market?
Replies: 109
Views: 7519

Re: Can Academics Beat the Stock Market?

I offer an academic response: if four cherry-picked data points are proof of anything, then it is literally possible to prove anything.

If you really want to prove something, first make a legitimate attempt to prove its opposite.
by hyperon
Fri Aug 14, 2020 9:36 pm
Forum: Investing - Theory, News & General
Topic: Current Podcast Recommendations?
Replies: 21
Views: 1708

Re: Current Podcast Recommendations?

Sound Investing, hosted by Paul Merriman
by hyperon
Fri Aug 14, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: Driving Boston to Nashville
Replies: 51
Views: 2701

Re: Driving Boston to Nashville

Depending on the exact route Google Maps takes you near NYC (probably across the GW Bridge), you could run into some rough highways with small lanes and many opportunities to miss a turn or exit. Personally I've done quite a bit of driving in the east and I think the NY-PA-OH-KY route is worth an e...
by hyperon
Fri Aug 14, 2020 4:39 pm
Forum: Personal Consumer Issues
Topic: Driving Boston to Nashville
Replies: 51
Views: 2701

Re: Driving Boston to Nashville

Depending on the exact route Google Maps takes you near NYC (probably across the GW Bridge), you could run into some rough highways with small lanes and many opportunities to miss a turn or exit. Personally I've done quite a bit of driving in the east and I think the NY-PA-OH-KY route is worth an ex...
by hyperon
Fri Aug 14, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: [How does one fight the urge to make simple things more complex?]
Replies: 82
Views: 5193

Re: [How does one fight the urge to make simple things more complex?]

But does anyone find they have an inner disinclination (for want of a better word) in having such a simple porfolio? I mean, rationally I realise how hard it is to beat the market; yet there's something in me that finds it really hard to just put all my investments in three funds. Have you experien...
by hyperon
Fri Aug 14, 2020 3:12 pm
Forum: Investing - Theory, News & General
Topic: [How does one fight the urge to make simple things more complex?]
Replies: 82
Views: 5193

Re: [How does one fight the urge to make simple things more complex?]

Lauretta wrote: Fri Aug 14, 2020 9:07 am I tell myself for example that tilting to value should improve results, even though it hasn't so far.
Historically value HAS provided a premium, though this is not the case over the last decade or so.
by hyperon
Mon Aug 10, 2020 6:49 pm
Forum: Personal Consumer Issues
Topic: Herman Miller Aeron chair
Replies: 64
Views: 5102

Re: Herman Miller Aeron chair

I cannot understand for the life of me why are these chairs 1000+. They are very simple, materials seem common. I have one at work, I was always convinced it is a 150$ chair until we moved in a different building and everybody moved their chair because "its a Herman Miller!". I might brin...
by hyperon
Sun Aug 09, 2020 2:55 pm
Forum: Personal Consumer Issues
Topic: Honda FIT
Replies: 50
Views: 2614

Re: Honda FIT

I neglected to mention. If you decide you want to buy a Fit, I suggest you get some experience at the dealer with the touchscreen console in the dash. My 2015 Fit's touchscreen is really very annoying to use particularly if you are moving. Yes, there are controls on the steering wheel, but that onl...
by hyperon
Sun Aug 09, 2020 2:45 pm
Forum: Personal Consumer Issues
Topic: Honda FIT
Replies: 50
Views: 2614

Re: Honda FIT

I neglected to mention. If you decide you want to buy a Fit, I suggest you get some experience at the dealer with the touchscreen console in the dash. My 2015 Fit's touchscreen is really very annoying to use particularly if you are moving. Yes, there are controls on the steering wheel, but that only...
by hyperon
Sun Aug 09, 2020 2:38 pm
Forum: Personal Consumer Issues
Topic: Honda FIT
Replies: 50
Views: 2614

Re: Honda FIT

Sad news about the Fit. I had a 2007 Honda Fit (was forced to sell it in 2009 due to financial issues) then later bought a new 2015 Honda Fit that I gave to my girlfriend at 60k miles, so it's still in the family. I drove it cross country 4 times with absolutely no issues. It's a great little car th...
by hyperon
Wed Jul 22, 2020 11:38 pm
Forum: Personal Investments
Topic: Charles Schwab
Replies: 48
Views: 5359

Re: Charles Schwab

Paul Merriman has a page that provides a list of the Schwab ETFs (and SPDR incidentally) that he and his associates at his foundation have found best replicate his Ultimate Buy and Hold Portfolio that is based on DFA funds, if you're interested: https://paulmerriman.com/schwab-tax-deferred-etf-portf...