Search found 1917 matches

by matjen
Fri Oct 19, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: $34k Volt vs $54k Model 3?--help me decide??
Replies: 88
Views: 7794

Re: $34k Volt vs $54k Model 3?--help me decide??

I'm EV crazed enough that I'd probably be OK with the i3 REx road trip scenario, at least regarding how often stops are required. I don't really like driving more than a couple hours nonstop. I'd keep a 2.5 gal gas tank in the frunk and get 70-ish miles battery + 70 miles REx + 70 miles after REx r...
by matjen
Thu Oct 18, 2018 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Baird Intermediate Muni vs Baird Short Muni
Replies: 3
Views: 271

Re: Baird Intermediate Muni vs Baird Short Muni

I don't know about this RNJ. It seems to me that the Vanguard Muni funds are also "A" like BTMIX. Point being that what makes BMBIX so unique is how relatively safe it is. The advanced refunded percentage is way lower in BTMIX as well. So you go from AA to A and from 54.65% Advance Refunded to 16.65...
by matjen
Wed Oct 17, 2018 6:54 am
Forum: Personal Consumer Issues
Topic: $34k Volt vs $54k Model 3?--help me decide??
Replies: 88
Views: 7794

Re: $34k Volt vs $54k Model 3?--help me decide??

I would keep the current Volt and in a couple years there will be whole new host of longer range EVs from Hyundai/Kia all the way up through Audi and Jaguar. This is kind of my thought as well. This is what I would do as well. For instance,in a few months you will be able to get one of these for ar...
by matjen
Sat Oct 13, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

investor997 wrote:
Fri Oct 12, 2018 6:26 pm
WHOA - Tesla just called me and they said they'll have my car ready for delivery the Monday after next. Bam!
Demand is nearly satisfied...

Enjoy the ride!
by matjen
Wed Oct 10, 2018 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

The I-Pace is slower around a track. https://www.motortrend.com/cars/alfa-romeo/giulia/2019/tesla-model-3-vs-jaguar-i-pace-vs-alfa-romeo-giulia/ It's also somehow uses more energy than a Model X even though it's the same size as a Model 3. https://insideevs.com/efficiency-jaguar-i-pace-falters/ My ...
by matjen
Wed Oct 10, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Paul Romer & William Nordhaus share Nobel Prize in Economics
Replies: 16
Views: 1503

Re: Paul Romer & William Nordhaus share Nobel Prize in Economics

Thanks for posting this summary BobK. Much appreciated. :beer
by matjen
Wed Oct 10, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

That's too bad b/c the NHSTA propaganda you put forward is false also. Typical TESLA baloney. Tesla Inc (TSLA.O) claimed its Model 3 electric car has the lowest risk of occupant injury of any vehicle in U.S. government tests, but the National Highway Traffic Safety Administration on Tuesday said th...
by matjen
Tue Oct 09, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

(I'm tapping out) That's too bad b/c the NHSTA propaganda you put forward is false also. Typical TESLA baloney. U.S. agency says Tesla safety claim goes beyond its analysis https://www.reuters.com/article/us-autos-tesla/u-s-agency-says-tesla-safety-claim-goes-beyond-its-analysis-idUSKCN1MJ2HR Tesla...
by matjen
Tue Oct 09, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

OP, Even keeping the budget concerns aside, you were looking at $40k cars earlier and now are looking at $70k Tesla after test driving it. Before jumping into it, have you test driven other cars in the Tesla price range? Yes, you liked it compared to other $40k cars, but to decide if it is actually...
by matjen
Tue Oct 09, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

Uhhhh, really? The Tesla Model 3 was the 4th best selling car in the US last month and outsold Mercedes this last quarter and is nipping at the heels of BMW. https://www.forbes.com/sites/jeanbaptiste/2018/10/09/tesla-outsells-mercedes-benz-in-america-and-bmw-is-next/#2ddb494d7562 https://insideevs....
by matjen
Tue Oct 09, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

I have a new way to talk you out of purchasing a Model 3 Performance OP. Elon Musk kind of hates the very premise of this board. Passive investing. He also shows his ignorance. Why reward him. ;-) Also, you'll be supporting a visionary and possibly one of the greatest thinkers of our time. There are...
by matjen
Mon Oct 08, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

Ignore all the negative news you see out there. There are lot of big money games being played by wall street to manipulate the stock price and they have way of controlling the news you see out there. This is a parody right? I mean you are making fun of the cult right? No? Well just to be clear ELON...
by matjen
Mon Oct 08, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 10993

Re: Talk me out of buying a Tesla Model 3

Think about the long term experience with a Tesla Model 3 not just a 15 minute drive. 1) They are horribly made. Take a look at the True Delta figures since Tesla won't give info to JD Power like the rest of the industry...wonder why that is? Tesla is way worse than the other brands (not just Toyota...
by matjen
Thu Oct 04, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Bloomberg - Cliff Asness Interview
Replies: 22
Views: 1979

Bloomberg - Cliff Asness Interview

A nice interview with Cliff Asness from AQR. Quant Investor Cliff Asness Hasn’t Smashed His Screen This Year—Yet The billionaire chief of AQR Capital Management is having a lousy 2018 with the $226 billion he's running. He says factor-based strategies can still prevail. https://www.bloomberg.com/new...
by matjen
Sat Sep 29, 2018 3:33 am
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 10641

Re: SEC charges Musk with Fraud!!!

Warren Buffett claims that when you are long term holder of stock you are happy to see it go down in value cause can buy more cheaper. I like Warren and I like Tesla, a great American company, this is a good buying opportunity in the making, though I am patient to wait for further dips. Last time b...
by matjen
Fri Sep 28, 2018 11:17 am
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 10641

Re: SEC charges Musk with Fraud!!!

Matt Levine at Bloomberg has a pretty thorough article on it. Unbelievable that people on this site were actually taking the “funding secured” seriously. Hero worship. Musk’s Tesla Fun Does Not Amuse SEC https://www.bloomberg.com/view/articles/2018-09-28/musk-s-tesla-fun-does-not-amuse-sec It only g...
by matjen
Tue Sep 18, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Simple Factor Investing
Replies: 46
Views: 4538

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: 5164

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: 5164

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: 5164

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: 207850

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: 207850

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: 207850

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: 207850

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: 207850

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: 207850

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: 207850

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: 207850

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: 207850

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: 207850

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: 25556

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: 25556

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: 25556

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: 25556

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: 25556

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: 837

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: 25556

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: 25556

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: 837

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: 25556

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: 25556

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: 25556

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: 4849

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: 25556

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: 25556

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: 25556

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: 25556

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: 25556

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: 25556

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: 384

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...