Search found 1753 matches

by matjen
Sun May 20, 2018 8:32 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

I have zero doubt that Tesla will produce a $35k Model 3, optioned with the details they provided (vs. others assumed would be there - like AutoPilot and “leather”, etc.). For the Model S and X, they also produced the highest profit versions first and eventually released the lower priced versions. ...
by matjen
Sun May 20, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

AWD and the performance version will be available for order next week. Higher margin options. Musk just tweeted out some basics. A well optioned version (without "Autopilot") will be...gulp... $78K!!!! He compares it to a BMW M3 and says 15% quicker (believable if for only a few runs to 60 mph or 1...
by matjen
Sat May 19, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: Bogle featured in Barrons cover story
Replies: 29
Views: 2139

Re: Bogle featured in Barrons cover story

Prior URLs didn't work for me but this one does. http://www.cetusnews.com/business/Jack-Bogle%E2%80%99s-Battle.BkYzeWaAz.html Bogle's Current Portfolio: What’s in your portfolio? I have two portfolios. My retirement portfolio, my biggest, is 60/40 equities, largely index funds, like Vanguard Total S...
by matjen
Fri May 18, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: Rob Arnott:index Investors Buy High, Sell Low
Replies: 35
Views: 3063

Re: Rob Arnott:index Investors Buy High, Sell Low

nisiprius wrote:
Fri May 18, 2018 10:27 am
It's more important to keep your CVS ExtraBucks coupons organized.
Hilarious! Perhaps that should be a factor? :-)
by matjen
Thu May 17, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Live Long and Prosper? Solving the Retirement Income Challenge (livestream now)
Replies: 6
Views: 848

Re: Live Long and Prosper? Solving the Retirement Income Challenge (livestream now)

I had a few minutes so I clicked the link. It seems like it's heavily supported by TIAA CREF pitching annuities as the answer; providing defined benefits as opposed to defined contributions. The speaker acknowledged that annuities have a bad reputation because of their high costs. I stopped listeni...
by matjen
Thu May 17, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: Live Long and Prosper? Solving the Retirement Income Challenge (livestream now)
Replies: 6
Views: 848

Re: Live Long and Prosper? Solving the Retirement Income Challenge (livestream now)

Jeffrey Brown is totally echoing DFA/Merton's argument that it is silly to tell people to focus on their retirement account total their whole life rather than the income figure it can realistically throw off. The latter being much more important for most retirees.
by matjen
Thu May 17, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Live Long and Prosper? Solving the Retirement Income Challenge (livestream now)
Replies: 6
Views: 848

Live Long and Prosper? Solving the Retirement Income Challenge (livestream now)

There appears to be an interesting retirement panel taking place at the Aspen Institute (but in DC not Aspen.). The event is being livestreamed. Jeffrey Brown the Dean of the Illinois Business School is one of the participants and I am pretty sure he is a TIP/Lifecycle proponent. The Event starts at...
by matjen
Wed May 16, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Model ETF portfolios
Replies: 9
Views: 650

Re: Model ETF portfolios

OP, If you want a lasting model ETF portfolio that is tilted toward small cap value then you probably can't do much better than ones designed by our own esteemed Robert T. This portfolio has a 75% equity and 25% bond allocation so adjust as you see fit. http://socialize.morningstar.com/NewSocialize/...
by matjen
Tue May 15, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

Autocar just came out with a pretty even-handed video review of the Model 3.

General points:
Great electric car
Loves the screen
Does not drive as well as a BMW 3 series or MB C class
Worried about company viability

https://www.youtube.com/watch?v=oO3L0FHj5Us
by matjen
Sun May 13, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

For whatever reason, politics, ad revenue, desire for the status quo, media don’t make as much fuss about other cars. How many people died due to faulty GM ignition switches before it became newsworthy? 1? 2? 50? 100? Well of course the other way to look at it is that it is a Tesla safety feature w...
by matjen
Fri May 11, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: New Car Suggestions: BMW Crapping Out
Replies: 61
Views: 5317

Re: New Car Suggestions: BMW Crapping Out

Thanks! I love the car and would love to keep it long term. Just a little discouraged now with these costs and afraid of the unknown. I am definitely a long term car holder though Well that is your answer then. Ignore the BMW/European haters. That is a fine car and if you love it then invest money ...
by matjen
Fri May 11, 2018 6:40 pm
Forum: Personal Consumer Issues
Topic: New Car Suggestions: BMW Crapping Out
Replies: 61
Views: 5317

Re: New Car Suggestions: BMW Crapping Out

Advice needed: Just heard from the shop. Current repair is $1,800 to replace AGR cooler. I had an $1,800 repair last month as well (glow plugs). Would you pony up for the repair even though thats $3,600 in 2 months or go ahead and trade in and go to Toyota Highlander/Lexus RX. Its a 2012 BMW X5 35D...
by matjen
Fri May 11, 2018 6:30 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

I want to focus on the Bogle-headed dilema of whether or not to pay so darn much for the car. News today: Elon tweets that AWD specs will be announced end of next week, and that he will start taking orders for AWD in July. Since about 1/3 of the deferrals are for AWD, this is very exciting. The sec...
by matjen
Fri May 11, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

My guess is Elon thinks the model 3 will [continue to] succeed, he bought 33,000 shares today. He has always said he would be the last to sell. Well there has been some analysis done on his recent 10 mil buy. Turns out he tweeted out some nonsense about massive short squeeze coming and then made th...
by matjen
Fri May 11, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Another new car question (BMW i3)
Replies: 19
Views: 782

Re: Another new car question (BMW i3)

OP, 6 month ago I purchased a 2015 i3 REX for about 25k. Fully loaded and CPO from the dealer. I love the car but I live in (not near) a big city and I don't have kids. I have only needed to use the REX twice (and only for a handful of miles) in the 6 months but I greatly appreciate having it. A rar...
by matjen
Wed May 09, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: Cliff Asness (AQR) on Bloomberg discussing Fixed Income
Replies: 15
Views: 1666

Cliff Asness (AQR) on Bloomberg discussing Fixed Income

Cliff Asness gave another nice interview on Bloomberg. Per usual, he made a point to suggest Bogle/indexing is the way to go for many. Also of note, AQR has no immediate plans for an ETF. They are just giving themselves the future option by filing the requisite paperwork. AQR's Asness Seeks to Upend...
by matjen
Mon May 07, 2018 3:23 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

How you do you like your 2018 Leaf? It seems far more family friendly than the i3. I haven't taken delivery yet; signed the paperwork yesterday and test drove the actual vehicle I bought (first driver; had 8 miles after my test drive). I had also driven one before for about an hour in December. I t...
by matjen
Mon May 07, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

What do you guys think about the newer hybrids that are purely electric cars, but has a gas tank that is used purely to run a generator to recharge the battery when you get low? No gas engine. Still has all the simplicity of an all-electric vehicle. Basically, you just have a built-in generator. Th...
by matjen
Sun May 06, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: MetroPCS vs. T-Mobile
Replies: 6
Views: 646

Re: MetroPCS vs. T-Mobile

I moved from T-Mobile to Metro PCS about 6 months ago. Same exact service as I am sure you are aware. You lose the ability to tether/hotspot your phone and international. However we pay an extra $10/mo to add international back onto one of our phones. No discernible difference in phone service quali...
by matjen
Sat May 05, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: 2018 DFA Matrix Book Is Out
Replies: 3
Views: 592

Re: 2018 DFA Matrix Book Is Out

Thank you! :beer
by matjen
Fri May 04, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

wrongfunds wrote:
Wed Sep 06, 2017 11:02 am
I had reserved Tesla 3 when it was announced...According to the web site I can get the delivery by Dec-Feb time frame"
Conan has thoughts on this topic... :P

"Why don't you give us $2,000 and find out...in 2024"
https://www.youtube.com/watch?v=1mCPpWn2Dog
by matjen
Fri May 04, 2018 10:36 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

I just don’t see how the analyst’s question can do anything but be used to flame Tesla. It is not constructive. At best, it shows the analyst hasn’t done his homework and hasn’t thought about how the answer will help him model cash flows. At worst, it is pejorative. Ah, we have gone from making fun...
by matjen
Fri May 04, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

If you are serious in above posting, please read the review of BMW i3 done by Doug Demuro which came out day before yesterday. He shows you the "quality" of i3 panel gaps. Please come back here and then tell us if you still agree with Sandy Munro's assertion of i3 having the highest quality. I wil ...
by matjen
Thu May 03, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

“Disingenuous?” Come on! I have a better idea, how about the CEO of a public company answer straightforward and pertinent questions. The rest is hand waving.
by matjen
Thu May 03, 2018 7:01 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

Funny enough, the exact question posed by OP caused Musk to go silent and then turn to a friendly youtube poster for questions rather than analysts. :? Tesla’s Elon Musk Turns Conference Call Into Sparring Session Car maker’s CEO cuts off two analysts after they ask about capital requirements and Mo...
by matjen
Sun Apr 29, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16346

Re: Vanguard New Factor Funds Portfolio Statistics

I agree. VFMFX looks like a great core fund for believers in tilting who also want simplicity. If I didn't have 401(k) constraints, I could see eventually simplifying to a two-fund equity portfolio: VFMFX and VSS (Vanguard FTSE All-World ex-US Small Cap). VSS is an all small- and mid-cap version of...
by matjen
Sat Apr 28, 2018 6:24 pm
Forum: Investing - Theory, News & General
Topic: WSJ/Zweig - Value Should Do Better. But When Is Anybody’s Guess
Replies: 12
Views: 1375

Re: WSJ/Zweig - Value Should Do Better. But When Is Anybody’s Guess

For Bogleheads, it is an interesting article, but not actionable information. We know to ignore this type of titillating info about what might be poised to do better in the immediate future, but the info does attract potential subscribers to the WSJ...End of rant. It is absolutely actionable inform...
by matjen
Sat Apr 28, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: WSJ/Zweig - Value Should Do Better. But When Is Anybody’s Guess
Replies: 12
Views: 1375

WSJ/Zweig - Value Should Do Better. But When Is Anybody’s Guess

Jason Zweig has a nice column in yesterdays WSJ on Value Investing. Cliff Asness (AQR), Marlena Lee (DFA) and others are quoted regarding the history of value and the difficulty in timing it. MONEYBEAT THE INTELLIGENT INVESTOR Value Should Do Better. But When Is Anybody’s Guess It's hard to predict ...
by matjen
Fri Apr 27, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16346

Re: "Taylor Swedroe Portfolio"

Taylor Larimore wrote:
Fri Apr 27, 2018 5:17 pm
Matjen:

I am unaware of any "Taylor Swedroe Portfolio." Perhaps you are referring to another "Taylor."

Best wishes.
Taylor
Ha! I could call it the "Larry Larimore Portfolio." The LLP sort of has a ring to it! ;-)
by matjen
Fri Apr 27, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16346

Re: Vanguard New Factor Funds Portfolio Statistics

One issue with DFVEX is it's tendency to throw off fairly large LT cap gains. For tax year 2017, for instance, it distributed well over 3% of NAV as LT cap gains. For investors living in high tax states, that's a nearly 1.5% of NAV tax impact. I only remember it because it stood out when I was look...
by matjen
Fri Apr 27, 2018 7:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Factor Funds Portfolio Statistics
Replies: 152
Views: 16346

Re: Vanguard New Factor Funds Portfolio Statistics

I agree. VFMFX looks like a great core fund for believers in tilting who also want simplicity. If I didn't have 401(k) constraints, I could see eventually simplifying to a two-fund equity portfolio: VFMFX and VSS (Vanguard FTSE All-World ex-US Small Cap). VSS is an all small- and mid-cap version of...
by matjen
Wed Apr 25, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 97
Views: 22411

Re: Alternative to Google Finance? [Portfolios feature deprecated]

Here is an interesting alternative I discovered via a post from Fred Wilson about his annoyance with the Google Finance changes. One of the commentators has built an alternative. Initial post https://avc.com/2018/04/google-finance/#disqus_thread Google Finance alternative - Koyfin https://www.koyfin...
by matjen
Tue Apr 17, 2018 7:38 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

Tesla has halted the Model 3 production line. Although I guess disturbing if one was waiting for one, if they can fix things (biggish IF) then the right thing to do. The more problematic issue it seems to me is that they aren't paying their workers during the stoppage. Sort of screams cash flow prob...
by matjen
Mon Apr 16, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: 2017 Yale Endowment Report
Replies: 13
Views: 1044

2017 Yale Endowment Report

Below is a link to the 2017 Yale Endowment Report. Things that caught my eye were the vanishingly small allocation to domestic (US) equities and their explanation of absolute return. https://static1.squarespace.com/static/55db7b87e4b0dca22fba2438/t/5ac5890e758d4611a98edd15/1522895146491/Yale_Endowme...
by matjen
Tue Apr 10, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: The Two Fund Portfolio
Replies: 34
Views: 5107

Re: The Two Fund Portfolio

Interesting portfolio. As the OP mentioned, my biggest problem with it is the smallish amount of holdings and lack of small cap.
by matjen
Tue Apr 03, 2018 9:49 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

As a model 3 reservation holder (actually 2 reservations) started reading this overly long thread recently. But query: if poster does not have a Model 3 reservation why hijack this thread in order to bash the company? Should be limited to responses of those who actually have Model 3 reservations an...
by matjen
Sun Apr 01, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

I don't hate him and have a ton of respect for the ambition and biz model of SpaceX. Much less so Tesla. You managed to leave out Solar City...
by matjen
Sun Apr 01, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

Car & Driver has come out with a review. Although not a base Model 3 (I don't think there are any yet), it was quite fast in a straight line. Many of the other typical Tesla issues though. https://www.caranddriver.com/reviews/2018-tesla-model-3-test-review But while we did not observe any glaring fi...
by matjen
Wed Mar 28, 2018 8:43 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 889
Views: 70694

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

It appears there is a non-trivial likelihood now that TESLA will be gone before the vast majority of Model 3 reservations are filled... Down another 5.5% so far today. Bonds getting destroyed. Tesla Cut by Moody's on Production Issues, Liquidity Concerns https://www.bloomberg.com/news/articles/2018-...
by matjen
Fri Mar 23, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: AQR's three oldest funds: momentum versus Vanguard momentum-free counterparts
Replies: 10
Views: 1059

Re: AQR's three oldest funds: momentum versus Vanguard momentum-free counterparts

Well it seems to me there is a generally accepted version of MOM that is detailed in the Wes Gray article and various links that go from there. It is certainly true that each fund company may have some secret sauce and vary a bit but the point of the article was that the index you chose isn't partic...
by matjen
Fri Mar 23, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: AQR's three oldest funds: momentum versus Vanguard momentum-free counterparts
Replies: 10
Views: 1059

Re: AQR's three oldest funds: momentum versus Vanguard momentum-free equivalents

Another case where the encouraging pre-launch, backtested results of highly-touted "smart beta" strategies have failed to show up in the post-launch returns of their real world mutual funds. A result of data snooping in the original backtest research? The implementation/transaction costs of these f...
by matjen
Fri Mar 23, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: AQR's three oldest funds: momentum versus Vanguard momentum-free counterparts
Replies: 10
Views: 1059

Re: AQR's three oldest funds: momentum versus Vanguard momentum-free counterparts

During 2009-2018 the MSCI USA Momentum Index * did well and outperformed the MSCI USA Index. 2009-2018 have apparently been good years for momentum and it is reasonable to hope that momentum style funds would have captured some of it. https://imgur.com/a174u5s.png I think this sets up a false stand...
by matjen
Fri Mar 23, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: AQR's three oldest funds: momentum versus Vanguard momentum-free counterparts
Replies: 10
Views: 1059

Re: AQR's three oldest funds: momentum versus Vanguard momentum-free counterparts

nisiprius wrote:
Thu Mar 22, 2018 9:10 pm
I should note that I have not seen anyone recommending these particular AQR funds in this forum, and the performance of these funds has no particular relationship to those of AQR's long-short multi-alternative funds.
Thank you for including this sentence Nisi! Very fair of you. :sharebeer
by matjen
Thu Mar 08, 2018 6:03 pm
Forum: Investing - Theory, News & General
Topic: Has Anyone Read The Fama Portfolio: Selected Papers of Eugene F. Fama?
Replies: 5
Views: 1208

Re: Has Anyone Read The Fama Portfolio: Selected Papers of Eugene F. Fama?

So it turns out the University Press allows each contributor to post their essays on their own websites. Here is a link to all of John Cochrane’s contributions. https://johnhcochrane.blogspot.com/2018/03/fama-portfolio.html The press lets us post our essays. Here are mine (most joint with Toby): Pre...
by matjen
Sat Mar 03, 2018 6:02 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Active Fails In Fixed Income
Replies: 25
Views: 2859

Re: Larry Swedroe: Active Fails In Fixed Income

Thank you Robert T. for your insights. Much appreciated.
by matjen
Mon Feb 26, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Correction Protection In Liquid Alts
Replies: 33
Views: 2509

Re: Larry Swedroe: Correction Protection In Liquid Alts

Hardly seems like the promised "equity like returns with less volatility". Sure, these funds lost less during the correction, but the cost was severe under performance leading up to the correction. You could achieve that with much lower costs. The above is a misconception of what was stated/promise...
by matjen
Mon Feb 26, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Consumption’s Impact On Returns
Replies: 5
Views: 1015

Re: Larry Swedroe: Consumption’s Impact On Returns

It would be interesting to hear Larry's & others thoughts on Damodaran's forward looking ERP data based upon the 10-year bond rate, as shown on his site. The ERP is the incremental return of holding stocks versus bonds. This data overcomes some of the CAPE weaknesses like lack of normalization to i...