Search found 1901 matches

by matjen
Tue Sep 18, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Simple Factor Investing
Replies: 46
Views: 4284

Re: Larry Swedroe: Simple Factor Investing

Random Walker wrote:
Tue Sep 18, 2018 9:03 am

I thought this thread would get more traction.
Dave I still can't get access to the article for some reason so that is keeping me from chiming in with my "Taylor Swedroe Portfolio!"

viewtopic.php?t=250534&start=50#p3953102
by matjen
Tue Sep 18, 2018 8:37 am
Forum: Personal Consumer Issues
Topic: Any reasons to not put money down for a Tesla Model 3?
Replies: 62
Views: 5023

Re: Any reasons to not put money down for a Tesla Model 3?

For those who think that Tesla opening up a handful of in-house repair shops is a magical fix to an ongoing problem this article will open your eyes to the real issue. It's not that body shops can't fix Tesla bodies, it's that Tesla is so underfunded and unorganized that they don't have parts availa...
by matjen
Sat Sep 15, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: Any reasons to not put money down for a Tesla Model 3?
Replies: 62
Views: 5023

Re: Any reasons to not put money down for a Tesla Model 3?

As from the article, there have been problems along the way, but to extrapolate out by assuming the worst might not be the best way to make a decision, so just be aware that things are in flux leading to a wide range of experiences. Uncertainty is a reasonable concern and people can decide if that'...
by matjen
Fri Sep 14, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Any reasons to not put money down for a Tesla Model 3?
Replies: 62
Views: 5023

Re: Any reasons to not put money down for a Tesla Model 3?

I would urge anyone considering buying a Tesla in the near future read this. Then read it again. No matter how well the car may drive or how cool it may be, there is more to it than just plunking down 50k-60K for a car. That car needs to be delivered, that car needs to be serviced, that car needs to...
by matjen
Sat Sep 08, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: It is dangerous to try and beat the market.

While expensive, this fund is supposed to not correlate much with stock market. Swedroe seemed to like it. You can get into this fund in a Fido IRA for $2500 minimum. otherwise $5 M minimum in taxable account. I am considering allocation of my IRA to this. yesterdaysnews: In 2015, when you wrote yo...
by matjen
Fri Sep 07, 2018 6:29 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

Vanguard includes a footnote because they think it's something investors ought to know, and want to know, but it is not the expense ratio . It's just an interesting number in a footnote. It's the expense ratio minus something, it's not the expense ratio. If you want to say "the expense ratio for VM...
by matjen
Fri Sep 07, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

Marcopolo, you are late to this thread and as far as I am concerned Nisi is being incredibly narrow. There were long discussions about the ER and what matters to most is what they are paying. If a car has a list price of 30K and you buy it on sale for 27.5K do you tell people you paid 30K for your ...
by matjen
Fri Sep 07, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

Marcopolo, you are late to this thread and as far as I am concerned Nisi is being incredibly narrow. There were long discussions about the ER and what matters to most is what they are paying. If a car has a list price of 30K and you buy it on sale for 27.5K do you tell people you paid 30K for your n...
by matjen
Fri Sep 07, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

Nisi I was referring to QSPIX (which is the thread title after all and referred to in my post). There has been a long history about the ER on it. Lackey mentioned as well. Check footnotes for net. 1.5 or 1.6 https://www.bogleheads.org/forum/viewtopic.php?t=167241&start=1300 PS. If you read the Asnes...
by matjen
Fri Sep 07, 2018 1:23 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

Rather than focus on Larry (who I admire and has been a valuable resource to this forum), I would rather focus on QSPIX! Cliff Asness/AQR just came out with something FWIW. Liquid Alt Ragnarök? https://www.aqr.com/Insights/Perspectives/Liquid-Alt-Ragnarok In short, don't fall for the FUD from critic...
by matjen
Tue Sep 04, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

To be helpful ROUGHLY ytd three of the four styles are positive this year, with defensive, and momentum both up about 5% or so, with carry up about 2.5% and cash contributing about 0.5%. That's all gross of course. Value on other hand down about 20%, with about 12% of the 20 coming from individual ...
by matjen
Sat Sep 01, 2018 8:17 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

I want to see good data that show what "premia" returns have been historically, and I don't recall having seen that. That is what people should be expecting from QSPIX. I can easily see what stocks have done over history, both on average and in terms of SD. Same with bonds. I supposed I could do th...
by matjen
Fri Aug 31, 2018 6:41 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

And yet, what happened to QSPIX (blue) didn't happen to either the DFA US Large Cap Value fund, DFCVX (orange) or the DFA US Small Cap Value fund, DVSVX (green), or the "factor-free" Vanguard Total Stock Market Index Fund, VTSMX (yellow) QSPIX was outperformed by large-cap value and small-cap value...
by matjen
Fri Aug 31, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 1435
Views: 206209

Re: QSPIX - thoughts on interesting fund

We used to get a lot of posts extolling QSPIX's outperformance which was impressive. It's not shocking that sometimes its bets go astray. No one always wins bets. Garland Whizzer Nah, we used to get lots of posts by people comparing it to only the S&P or to things like Sequoia and claiming it was u...
by matjen
Sun Aug 19, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

I will say this again, people who actually drive Model X or 3, and individual stockholders, are extremely happy with the product and the mission and progress company has made so far. Anyone who doesn't either own Tesla car or directly Tesla stock simply has no business commenting on the affair of t...
by matjen
Wed Aug 15, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

I have no position either other than theoretical (which is always easier).

Correction, I guess it makes up a percent or two of funds like VTI. So I am long!

After quick look I will go with cash flow being the difference but I am a lawyer not a finance guy. There is a reason I am a Boglehead.
by matjen
Wed Aug 15, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

Take a look at Amazon's income statement here, pretending like you don't know what company it's for: https://www.sec.gov/Archives/edgar/data/1018724/000089102000001380/e10-q.txt That's for Q2 2000. (HINT: Q3 wasn't profitable either.) Since you know how the movie ended for Amazon over the several y...
by matjen
Wed Aug 15, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

"Funding Secured" is Urban Dictionary's Word of the Day. This may be Musk's greatest accomplishment! https://www.urbandictionary.com/ Funding secured. When you have no idea where you're gonna get the money. Elon Musk, 8/7/2018: "Am considering taking Tesla private at $420. Funding secured." SEC open...
by matjen
Tue Aug 14, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

Sure. I agree in the general sense but Musk has cast big auto, big oil, etc. as basically evil and said they want to kill Tesla. That has been his pitch to teslemmings. A perfect example was alleging they may be behind the recent whistleblower...uh I mean saboteur. (Just two months ago) 🤣 I mean the...
by matjen
Tue Aug 14, 2018 7:43 am
Forum: Investing - Theory, News & General
Topic: AQR Podcasts - The Curious Investor
Replies: 5
Views: 813

Re: AQR Podcasts - The Curious Investor

Also listened to the first two. I thought they were a little on the beginner side, but well put together. I'll be curious to see how things proceed. They sure do have some great guests lined up. Agree. They are definitely going after the NPR Planet Money crowd. I actually assumed the hosts were mar...
by matjen
Tue Aug 14, 2018 7:28 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

There are reports the Saudi sovereign wealth fund already owns nearly 5%, so if getting to 50% is all that is needed to take the company private, they shouldn't have too much trouble. Coming up with the cash to buy out 1/3 or half of the $72B ($60B + 20% premium) means around $24B, which is only ab...
by matjen
Mon Aug 13, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

Matt Levine is out with an entire blog on this which is rather rare for him. This one will leave a mark. Elon Musk’s Funding for Tesla Wasn’t So Secure https://www.bloomberg.com/view/articles/2018-08-13/funding-for-elon-musk-s-tesla-buyout-wasn-t-so-secure Today he posted an “Update on Taking Tesla ...
by matjen
Thu Aug 09, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: AQR Podcasts - The Curious Investor
Replies: 5
Views: 813

AQR Podcasts - The Curious Investor

AQR is now presenting a series of interesting podcasts. The first was on Behavioral Finance. The second was an introduction to Factors. The third will have Jack Bogle and Cliff Asness as guests. More here: https://www.aqr.com/Insights/Podcasts Welcome to The Curious Investor We sit down with some of...
by matjen
Wed Aug 08, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

Wall Street Salivates After Elon Musk Floats Taking Tesla Private https://www.nytimes.com/2018/08/08/business/dealbook/tesla-elon-musk.html Translation: No one in this field knows anything about the financing for this alleged deal and the only way to pull it off is the route that penny stocks take....
by matjen
Tue Aug 07, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

One reason, I suspect, for the Musk announcement was to produce a short squeeze and drive up Tesla's sagging price. Tesla is the most heavily shorted stock in history, I believe, and currently hedge funds have huge short positions. By announcing a potential $420/share private purchase with financin...
by matjen
Tue Aug 07, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

Musk has now essentially put a cap on the stock. Much more room to the downside now which isn't the case with the short side in a typical stock. There is virtually no detail in the after-the-fact Tesla press release which took over an hour to throw together and there is no info on the street about a...
by matjen
Mon Aug 06, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4810

Re: Dear BH, what are non-BH actions you do?

Argue about TSLA, but then again my stock positions are only imaginary. :beer
by matjen
Sat Aug 04, 2018 12:17 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

I don't see a BMW M3 listed there and Elon Musk didn't mention those cars did he but he specifically mentioned and compared to a BMW M3? Nor was our conversation about those cars. Goal post moving. I mean unless you are seriously arguing that a something breaking at some time on a 30 year old BMW is...
by matjen
Sat Aug 04, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

I knew you were going to post this! :D In a set up test with the Tesla PR guy under ideal conditions where they don't include lap times it cut power by 3 seconds a lap after just a few laps (AKA an eternity on a track). That is NOT an M3 my friend. Heat buildup is inevitable. After three or four lap...
by matjen
Thu Aug 02, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

TomatoTomahto wrote:
Thu Aug 02, 2018 5:22 pm
Matjen, mostly I stay away. I just popped in for a minute. That’s the beauty of a self imposed exile; I get to decide when to pop back in. Nothing hypocritical or ironic about it at all.

Carry on.
:beer Adding to my imaginary short.
by matjen
Thu Aug 02, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

. . . Not just up, up almost 13% as I post this. I’m glad that I just buy the car and don’t sell or buy the stock. Wait, I thought YOU were not going to post on things Tesla. LOL. Can't help yourself can you. Oh the irony. Or is that hypocrisy? :P PS. Feel free to post as often as you like about al...
by matjen
Mon Jul 30, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

Germany going long (talks to build a plant)? https://www.wsj.com/articles/tesla-explores-building-major-factory-in-europe-1532961828 Pump, pump, pump! Just like the five China factory announcements over the years. This is nothing. The talks are still in their early stages, and might not yield an ag...
by matjen
Mon Jul 30, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

From Josh Wolfe. People like him, Jim Chanos, Steve Eisman are vocal shorts regarding Tesla. I think the points he makes in this little twitter thread apply mightily to some of the things I am reading on this board. Josh co-founded Lux Capital to support scientists and entrepreneurs who pursue count...
by matjen
Fri Jul 27, 2018 5:45 pm
Forum: Investing - Theory, News & General
Topic: Behind The Markets Podcast: Vanguard's Liqian Ren & Alpha Architect's Jack Vogel
Replies: 1
Views: 378

Behind The Markets Podcast: Vanguard's Liqian Ren & Alpha Architect's Jack Vogel

A nice overview of Vanguard's approach to factor investing and factor investing overall. Ms. Ren has a wonderful life story that they cover early in the podcast. The factor discussion starts at 22:15. Interestingly, she lists Cliff Asness as a big inspiration and someone she admires for his investin...
by matjen
Fri Jul 27, 2018 7:00 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

10: FCA $36B No EV strategy 9: Nissan $41B Leaf. Meh. 8: Ford $44B Leaving the car market , betting it all on big trucks 7: Tesla $48B EV market leader 6: GM $53B Bolt, but slow ramp and lack of interest. 5: Honda $61B Clarity has 89 mile rang. Toy car. 4: BMW $71B i3 115 mile range, ICE engine mai...
by matjen
Tue Jul 24, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

The Performance 3 starts at $64,000. It can get near $80k, but only because of EAP and FSD, which BMW doesn't offer. :sharebeer https://3.tesla.com/model3/design#battery HAHAHA! Good point. Tesla offers that stuff but doesn't seem to deliver does it? At least not safely with the former and I don't ...
by matjen
Tue Jul 24, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

Reuters-Cost to insure Tesla's debt rises on growing default fears https://www.reuters.com/article/tesla-bonds/rpt-cost-to-insure-teslas-debt-rises-on-growing-default-fears-idUSL1N1UJ1O1?feedType=RSS&feedName=companyNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FcompanyNe...
by matjen
Sun Jul 22, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: Can factor investing kill off the hedge fund?
Replies: 10
Views: 1205

Can factor investing kill off the hedge fund?

Nice article on factor investing and AQR in the Financial Times.

Can factor investing kill off the hedge fund?
Data-driven funds that systematically exploit human weaknesses are disrupting traditional asset management

https://www.ft.com/content/2b3e2eaa-6fe ... 13e5c92914
by matjen
Fri Jul 20, 2018 9:03 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

WSJ (Dan Neil) has glowing review of the 450 hp performance version of the Model 3. The article is unlocked, at least I didn't need a password. "First Test Drive of the Tesla Model 3 Performance: A Thrilling, Modern Marvel" https://www.wsj.com/articles/first-ever-review-of-the-tesla-model-3-perform...
by matjen
Thu Jul 19, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25073

Re: Invest in Tesla?

Comparing Amazon to Tesla and Bezos to Musk is absurd. Plain and simple. When Musk shows he can run a large company and make consistent profits year over year without borrowing money/tapping capital markets then talk to me. Bezos isn't making a ton of profit because he pours his cash flow back into ...
by matjen
Tue Jul 17, 2018 9:03 am
Forum: Personal Consumer Issues
Topic: Tesla Insurance Question and how to get out of the deposit
Replies: 25
Views: 3354

Re: Tesla Insurance Question and how to get out of the deposit

FWIW, my DW is about to buy a new car. I quickly got quotes from Geico which is our current insurance company. A Telsa Model 3 would cost us $1,000 more a year to insure than her older 3 series BMW. A new BMW X3 would cost us $518 more a year than the older 3 series. Everything the same for both quo...
by matjen
Fri Jul 13, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109406

Re: To take or not to take delivery of Tesla 3

The AP is is sort of one of the main features people talk about with the Tesla and the 54K Model 3 doesn't have the advanced AP. You need to spend 54K to have the mid-level AP with traffic sensing cruise control. This is a feature that I would absolutely demand on any car I bought and I assume other...
by matjen
Fri Jul 13, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109406

Re: To take or not to take delivery of Tesla 3

I-Pace too much $$ harikaried? That's my assumption. Otherwise a perfect fit. I know DanMahoney is being sarcastic but I want to enshrine this in Bogleheads forever! If not for all this noise starting like 835 days ago :shock: , there would never be a 28 page thread. As the OP originally wrote... I ...
by matjen
Thu Jul 12, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109406

Re: To take or not to take delivery of Tesla 3

Would this be securities fraud to knowingly lie to investors? If true, would the billions of dollars shorting TSLA be aware of this, and filing lawsuit for the fraud? Nice timing. Reminds me of a week or two ago. People claiming there was no evidence of corner cutting in the Tent assembly line. The...
by matjen
Thu Jul 12, 2018 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Why [was] QSPIX steadily declining?
Replies: 77
Views: 11581

Re: Why [was] QSPIX steadily declining?

Although not as good as a report from Larry Swedroe, this probably includes much of the info that is relevant. Value has struggled but then so has Momentum recently. Gonna have a bad time when that happens at the same time. Stocks Quants Are Reeling From the Worst Run in 8 Years One reason: factors ...
by matjen
Wed Jul 11, 2018 7:52 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109406

Re: To take or not to take delivery of Tesla 3

Sorry Thrifty but I enjoy this topic. It isn't my fault that within the last few months Tesla has decided to produce in a tent, have an infamous investor call, lay off 9% of its workforce, lose top level management, change its brake testing, require additional funds in its reservation system, bypass...
by matjen
Tue Jul 10, 2018 6:49 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109406

Re: To take or not to take delivery of Tesla 3

Aren’t they close to making 5,000 per week, not per month? It makes perfect sense to me why they would build higher-margin cars first. When they start offering the base model, that will suggest that the demand for those cars has fallen. Andy. :oops: You are 100% right about the week/month mistake. ...
by matjen
Tue Jul 10, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109406

Re: To take or not to take delivery of Tesla 3

DanMahowny wrote:
Tue Jul 10, 2018 3:04 pm
I believed Musk in April 2016. I know better now.

The $35k model3 was a lie.
Seems to me that people who keep their “reservation” are just making a loan to Tesla to help them make someone else’s car. Someone who just jumped in line well in front of them.
by matjen
Tue Jul 10, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109406

Re: To take or not to take delivery of Tesla 3

This is an indication of no demand for a 55k+ Model 3. Even if only 33% of the original 450k reservation holders wanted one that would be like 145k in the pipeline and they are only building a few thousand a month. 5k if you believe all of Tesla’s puffery. Cash grab to make numbers look better. The ...
by matjen
Fri Jul 06, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 109406

Re: To take or not to take delivery of Tesla 3

Presented without comment.

[OT twitter content removed by admin LadyGeek]

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