Search found 184 matches

by Warner
Mon Apr 21, 2008 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't I buy an all-electric car?
Replies: 31
Views: 5595

A full electric car will be possible first in the small size ...
and safe.
by Warner
Sun Apr 20, 2008 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't I buy an all-electric car?
Replies: 31
Views: 5595

Raybo says: The electric car is little more than a motor, transmission, and batteries. It is hard to believe that electric cars are harder or more expensive to make than hybrid cars, which have both a combustion engine and an electric motor. In search of the perfect battery (Economist, March 6, 2008...
by Warner
Sat Apr 19, 2008 10:09 pm
Forum: Investing - Theory, News & General
Topic: Best Investing Blogs?
Replies: 10
Views: 3614

gatorman says: I was looking for something new to read ... You may reach the point of diminishing returns very quickly when it comes to investment and personal finance advice. Understand a few basic concepts & you're good. Very quickly, more effort likely means diminishing returns. Jonathan Clements...
by Warner
Sat Apr 19, 2008 2:13 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle at Obama/Clinton debate
Replies: 15
Views: 6062

Mr Bogle discussed a range of issues in this interview, see especially the end part about the Soul of Capitalism, last year.
by Warner
Fri Apr 18, 2008 9:12 am
Forum: Investing - Theory, News & General
Topic: Tax burden vs. brackets
Replies: 20
Views: 4822

Pualinekine says:
I had a tremendous sense of money down the drain
What have the Romans ever done for us? - thx Brad DeLong
by Warner
Tue Apr 15, 2008 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey
Replies: 45
Views: 14453

You might expect bonds to return 5%, stocks 7%. If you have to pay a gatekeeper more than 2% to get stocks, the gatekeeper either keeps you misinformed or loses business. If you promise 12% returns, those loads and high annual fees are a lot easier to swallow.
by Warner
Tue Apr 15, 2008 8:19 pm
Forum: Investing - Theory, News & General
Topic: Is CPI a major source of the problem?
Replies: 37
Views: 5524

Harper's Magazine has a cover story in the current issue on how the CPI estimate has changed over time - "Numbers racket: Why the economy is worse than we know", by Kevin Phillips. The article isn't available on-line now unless you're a subscriber.
by Warner
Tue Apr 15, 2008 11:30 am
Forum: Investing - Theory, News & General
Topic: M* analyst report on VG REIT: not recommended
Replies: 24
Views: 6700

Morningstar would have no reason to exist if they only recommended index funds. They try hard to find the flavor du jour. I haven't seen any thing recently, but Morningstar doesn't have that great a record in predicting the future. Scott Burns used to compare the funds available to M* employees in t...
by Warner
Tue Apr 15, 2008 10:48 am
Forum: Investing - Theory, News & General
Topic: wanted: simple, short book for mom
Replies: 18
Views: 3961

One of the first, maybe the best - THE ONLY INVESTMENT GUIDE YOU'LL EVER NEED
by Warner
Tue Apr 15, 2008 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey
Replies: 45
Views: 14453

He states that he owns "no bonds" and advocates a portfolio of 25% aggressive growth, ... Didn't the guy go broke chasing real estate during a previous bubble? You'd think he might have learned something? I'd be very skeptical of any salesman who wraps themselves in the flag or in religion, or in t...
by Warner
Tue Apr 15, 2008 7:24 am
Forum: Investing - Theory, News & General
Topic: Interesting idea to hedge inflation... Oil ETF!
Replies: 60
Views: 11074

Valuethinker says: And for ships and planes we have no solution but fossil fuels and none in ready prospect. never say never! http://newsimg.bbc.co.uk/media/images/44373000/gif/_44373112_turn_wind_2.gif Kite to pull ship across Atlantic Maiden voyage of first new built carrier with towing kite propu...
by Warner
Sun Apr 13, 2008 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Still think they can't export YOUR job?
Replies: 93
Views: 17329

The day they export my job will be a sad day indeed.
About 1.6 million Google hits for "medical tourism". In a few years those cost conscious HMO's will likely encourage medical tourism to reduce their costs.
by Warner
Sat Apr 12, 2008 7:59 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements leaving the "Wall Street Journal.
Replies: 59
Views: 19951

Vigeland: Why do you think issues of personal finance are so difficult for many of us to grasp? Clements: The investment problem is not difficult. You save regularly, you buy a diversified portfolio, you repeat as necessary. 30 years later, you retire with more money than you could possibly imagine...
by Warner
Fri Apr 11, 2008 8:18 pm
Forum: Investing - Theory, News & General
Topic: Copper Wire Thefts From Streetlights
Replies: 6
Views: 1738

a lot of that going on, about 1,000 stories on Google news
by Warner
Fri Apr 11, 2008 7:08 pm
Forum: Investing - Theory, News & General
Topic: Graphic on Sub-Prime Mortgages
Replies: 25
Views: 4828

Charlie Rose has an interesting interview with George Soros on sub-prime issues, the credit crisis & the markets. (April 10 show)
by Warner
Tue Apr 08, 2008 9:38 pm
Forum: Investing - Theory, News & General
Topic: New WBern Article: The Dark Side of the Moon
Replies: 48
Views: 13233

smithdad says: Why does he feel the US has completely lost its ability to grow GDP? Bernstein explains here, 'The Two-Percent Dilution' , the difference is due to share dilution, about 2% annually, not GDP growth. ... the ongoing capitalization of new technologies produces a net dilution of outstand...
by Warner
Sun Apr 06, 2008 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Will we still be flying in twenty years?
Replies: 46
Views: 9132

Will we still be flying in twenty years?
NASA head of the Goddard Institute for Space Studies, James Hansen, says probably not.
by Warner
Sat Apr 05, 2008 1:49 pm
Forum: Investing - Theory, News & General
Topic: George Soros New Book and His Paradigm
Replies: 7
Views: 2281

Valuethinker says: It seems hard to believe that finance can keep growing faster than general GDP, for as long as it has done already. Buffett (1999) says: You know, someone once told me that New York has more lawyers than people. I think that's the same fellow who thinks profits will become larger ...
by Warner
Sat Apr 05, 2008 8:55 am
Forum: Investing - Theory, News & General
Topic: Excel add-in for MSN Money quotes
Replies: 17
Views: 8477

Looks like it is currently broken in Excel 2007.
this add-in works in Excel 2007 - Stock Market Functions (SMF)

Documentation & the add-in are in the "Files" section.
by Warner
Fri Apr 04, 2008 7:44 am
Forum: Investing - Theory, News & General
Topic: Jonathan Clements leaving the "Wall Street Journal.
Replies: 59
Views: 19951

The 'Dark Side' got one of our allies.
quitting a Murdock media outlet is a mandatory, logical step for any honest journalist
by Warner
Wed Apr 02, 2008 11:07 am
Forum: Investing - Theory, News & General
Topic: Vanderbilt endowment manager an "index guy"
Replies: 1
Views: 1191

He probably learned indexing from his predecessor.
by Warner
Tue Apr 01, 2008 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Car Buying: What is a fair deal
Replies: 16
Views: 4176

BMW's European Delivery program is worth considering.
by Warner
Tue Apr 01, 2008 10:38 am
Forum: Investing - Theory, News & General
Topic: Social Security Sham: what is my real income tax rate?
Replies: 77
Views: 13606

God Bless This Ponzi Scheme Long, long ago, around the turn of the last century, we lived in a world of unfettered Ayn-Randian capitalism, with minimal government interference in daily life and commerce. And no income tax - a gauzy sort of New-Right Valhalla. The only problem was that the reaction ...
by Warner
Tue Apr 01, 2008 7:56 am
Forum: Investing - Theory, News & General
Topic: Mr Bogle
Replies: 2
Views: 1254

also interview yesterday in the Philadelphia Inquirer
by Warner
Sat Mar 29, 2008 8:06 pm
Forum: Investing - Theory, News & General
Topic: low level dividends today
Replies: 49
Views: 6839

Peter L. Bernstein discusses expected long term returns in the NY Times: When the Long View Isn’t So Scenic So why not hang in there? Shall this, too, not pass? There are three reasons to answer no to these questions. Two rest on logic. The third derives from history. ... First, averages can be dece...
by Warner
Thu Mar 27, 2008 9:31 pm
Forum: Investing - Theory, News & General
Topic: good commentary on commodities markets
Replies: 6
Views: 1646

How does 2008 differ from 1980?
by Warner
Thu Mar 27, 2008 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Toyota Prius
Replies: 8
Views: 2974

by Warner
Wed Mar 19, 2008 10:06 pm
Forum: Investing - Theory, News & General
Topic: A Splendid Exchange by Bernstein
Replies: 5
Views: 2250

Bob U. - nice to see Dr. Bernstein acknowledge your contributions on this book. It is a remarkable book.
by Warner
Sun Mar 16, 2008 5:50 pm
Forum: Investing - Theory, News & General
Topic: Hey bottom-fishers, what looks cheap?
Replies: 22
Views: 5052

EmergDoc says: I believe Bogle said there might be a small handful of times in your ENTIRE investing career (50-70 years) when you should pay attention to valuations. James Grant says: Anyway, I understand now, as I did not in my youthful days of certitude, that the financial future is a closed book...
by Warner
Sat Mar 15, 2008 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Fuel efficient cars
Replies: 45
Views: 10200

xprize foundation is sponsoring a competition for clean and super-efficient cars that people want to buy, ~$10m prize (lot's of google money). More here.
by Warner
Fri Mar 14, 2008 3:57 pm
Forum: Investing - Theory, News & General
Topic: Why do people think "this time is different" for e
Replies: 29
Views: 5014

Another answer is people think this time is different/the world has changed.
People tend to believe they can buy past high returns.
by Warner
Fri Mar 14, 2008 10:52 am
Forum: Investing - Theory, News & General
Topic: New books on the horizon
Replies: 17
Views: 4051

Bernstein's A Splendid Exchange - How Trade Shaped the World is shipping. My copy arrived this morning.
by Warner
Thu Mar 13, 2008 9:52 pm
Forum: Investing - Theory, News & General
Topic: Sentiment goes bearish off the chart
Replies: 7
Views: 2201

"At 1,300-plus on the S&P, stocks are not cheap," Buffett said, referring to the Standard & Poor's 500-stock index, which has fallen about 16 percent since mid-October.
Buffett, IHT
by Warner
Thu Mar 13, 2008 9:22 pm
Forum: Investing - Theory, News & General
Topic: What is the deal with the dollar
Replies: 67
Views: 11085

Interesting, short (8 minute) audio interview, here (see Wed. March 12 edition) , with Harvard history/biz professor Niall Ferguson . "Is America today like the failing Ottoman Empire of the 1870s - in hock to foreign governments and about to default on its massive debt?" Currently, a US $9 trillion...
by Warner
Tue Mar 11, 2008 7:47 pm
Forum: Investing - Theory, News & General
Topic: Krugman: "Systemic Margin Call"
Replies: 6
Views: 2037

Prof. Krugman blogged on this last Friday, see the March 7 entry.
by Warner
Mon Mar 10, 2008 10:06 pm
Forum: Investing - Theory, News & General
Topic: New WBern Article: The Dark Side of the Moon
Replies: 48
Views: 13233

Jonathan Clements used this estimate in 2006: real per share earnings growth = 2% dividends = 2% estimated real return = 4% estimated inflation = 2.5% estimated nominal return = 6.5% While real GDP growth may average 3%, there has been an historical 2% stock share dilution, which, I assume, is where...
by Warner
Mon Mar 10, 2008 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Camera and Computer
Replies: 17
Views: 4011

I bought a D40 & 55-200 VR lens last month using a tip on Ken Rockwell's site, see Feb 13 section, $572 for camera, extra lens, extra battery.
How to buy
recommended cameras

The dpreview.com is also good.
by Warner
Mon Mar 10, 2008 10:31 am
Forum: Investing - Theory, News & General
Topic: Executive compensation
Replies: 78
Views: 14123

rwm says: Corporate America will try to get away with as much as it possibly can. from Bogle's "The Battle for the Soul of Capitalism": ... as former president Herbert Hoover said, " You know, the only trouble with capitalism is capitalists. They're too darn greedy." Just imagine what he'd say today...
by Warner
Mon Mar 10, 2008 8:53 am
Forum: Investing - Theory, News & General
Topic: Are Those BEAR TRACKS I See?
Replies: 20
Views: 4067

Paul Krugman : Friday’s employment report — which was so weak that it had many economists declaring that we’re already in a recession — was bad news. But it was actually less disturbing than what’s going on in the financial markets. The scariest thing I’ve read recently is a speech given last week ...
by Warner
Sat Mar 08, 2008 11:58 pm
Forum: Investing - Theory, News & General
Topic: Meaningful Asset Position
Replies: 7
Views: 1725

Jonathan Clements has a sample portfolio in his Sunday column. The smallest holding is 5% of the equity allocation (60%), 3% of the total.
by Warner
Sat Mar 08, 2008 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: help me pick XP vs. Vista?
Replies: 66
Views: 14381

this is misleading. vista is great on a new machine.
At least 676,000 people disagree.
by Warner
Sat Mar 08, 2008 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: help me pick XP vs. Vista?
Replies: 66
Views: 14381

A class-action lawsuit is scheduled against Microsoft for misleading info on Vista. The article has some humorous emails by frustrated Microsoft executives trying to use Vista; “I now have a $2,100 e-mail machine,” he says. ... a lawsuit filed against Microsoft in March 2007 in United States Distric...
by Warner
Thu Mar 06, 2008 4:46 pm
Forum: Investing - Theory, News & General
Topic: Investors fleeing to commodities
Replies: 22
Views: 5425

"Gold is enjoying a speculative surge. Beware " But it does remind you that gold can be driven to speculative extremes. When it reaches those heights, investors need to be cautious of the argument that the metal is a long-term “store of value”; after all, between 1980 and 2000, its price dropped by ...
by Warner
Thu Mar 06, 2008 4:42 pm
Forum: Investing - Theory, News & General
Topic: What to do with VG's TIPS fund (VIPSX)
Replies: 14
Views: 3536

from Bureau of Labor Statistics - the Consumer Price Index for All Urban Consumers, CPI-U, compound annual rate for the three months ending January 2008 was 6.8%. Those buying TIPS now may be counting on high future inflation. Even at a 0% TIPS rate, the TIPS may outperform regular Treasuries, at le...
by Warner
Thu Mar 06, 2008 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: The fantastic potential of wind energy in U.S.
Replies: 35
Views: 7292

... in the United States, pet food manufacturers spend a greater percentage of their revenue on R&D than do electric utilities. Particularly low is long-term funding — patient money — for the fundamental R&D needed to pursue potential scientific breakthroughs. from Craven Crowell , Chief Executive ...
by Warner
Thu Mar 06, 2008 11:57 am
Forum: Personal Finance (Not Investing)
Topic: The fantastic potential of wind energy in U.S.
Replies: 35
Views: 7292

Turning Glare Into Watts After a decade of no activity, two prototype solar thermal plants were recently opened in the United States, with a capacity that could power several big hotels, neon included, on the Las Vegas Strip, about 20 miles north of here. Another 10 power plants are in advanced pla...
by Warner
Wed Mar 05, 2008 11:05 am
Forum: Investing - Theory, News & General
Topic: Roth vs Traditional 401K
Replies: 178
Views: 70158

there seemed to be agreement at the 2007 Diehards VI that conversion to a Roth is probably a smart thing to consider. Audience Member: Do you foresee a change in tax policies and how do we prepare for them? Will 15% tax on dividends disappear in 2010? Will that cause an adverse impact on high-yieldi...
by Warner
Sat Mar 01, 2008 9:05 pm
Forum: Investing - Theory, News & General
Topic: Wall Street Journal - Don't Buy TIPs Now
Replies: 9
Views: 3386

Public Radio economist Chris Farrell explains why the rates are so low - the consumer price index for the last 3 months has increased at an annual rate of 6.8%.