Search found 1243 matches

by Tycoon
Mon Nov 12, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: How many of you have cut the cord?
Replies: 240
Views: 26956

Re: How many of you have cut the cord?

We cut the cord in 1991. In my opinion TV is an enormous waste of time.
by Tycoon
Tue Nov 06, 2018 2:38 pm
Forum: Investing - Theory, News & General
Topic: II - The Wall Street Math Hustle
Replies: 19
Views: 2676

Re: II - The Wall Street Math Hustle

...indeed, the requirement — today is for firms to use scientific language and notation to nourish the idea that they’ve proved mathematically that there’s a way to systematically beat the market. Hahaha :oops: . As someone who actually uses math and reads/understands/disbelieves/occasionally write...
by Tycoon
Sat Nov 03, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: Name the Top 5 investment books you've read
Replies: 46
Views: 11039

Re: Name the Top 5 investment books you've read

The Misbehavior of Markets: A Fractal View of Financial Turbulence , Benoit Mandelbrot, Richard L. Hudson Beat the Market: A Scientific Stock Market System , Edward O. Thorp A Random Walk Down Wall Street , Burton G. Malkiel Making the Most of Your Money , Jane Bryant Quinn The Little Black Book of...
by Tycoon
Sat Nov 03, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 51
Views: 2350

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

I don't pay to stay informed. If it's important news it will find its way to me.
by Tycoon
Sat Nov 03, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: WSJ: Sometimes, It’s Bonds For the Long Run
Replies: 72
Views: 5871

Re: WSJ: Sometimes, It’s Bonds For the Long Run

So beating stocks 25% of the time is enough to say, "Bonds for the long run"? Interesting it seems his evidence points MORE to believing in stocks for the long run. IF his data is correct (another issue is why does Dr. Seigel and him have very different data) then we can now indirectly quantify the...
by Tycoon
Tue Oct 09, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: The benefits of international diversification - NOT: Hulbert
Replies: 80
Views: 5372

Re: The benefits of international diversification - NOT: Hulbert

nisiprius wrote:
Tue Oct 09, 2018 4:46 pm

3) I continue to be in the strange position of being, seemingly, one of the few people who think that there's no evidence that international diversification has ever mattered much--never has helped much, never has hurt much.
You are not alone.
by Tycoon
Sun Oct 07, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: Is your risk tolerance to dollars or percentages?
Replies: 17
Views: 1242

Re: Is your risk tolerance to dollars or percentages?

Dollars, I can't buy anything with percentages.
by Tycoon
Fri Oct 05, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7997

Re: Key differences between investing philosophies: Swedroe vs. Bogle

The desire to rely on the authority of others ("John Doe says that the right way to allocate a portfolio is XYZ") is understandable, given the complexities of the arguments, the historical record, and trying to place these in present context. That's why it's a relatively frequent topic here. In fac...
by Tycoon
Wed Oct 03, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7997

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Why do you believe in a person rather than in the evidence? As far as I've understood, Swedroe's advice is based on the evidence provided by academic studies. Shouldn't peer reviewed studies carry more weight than someone's authority? I wouldn't put much weight in academic studies. Peer reviewed or...
by Tycoon
Wed Oct 03, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7997

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Jack believes in portfolio simplicity. Larry believes in portfolio complexity. I believe in Jack. Rick Ferri Why do you believe in a person rather than in the evidence? As far as I've understood, Swedroe's advice is based on the evidence provided by academic studies. Shouldn't peer reviewed studies...
by Tycoon
Wed Oct 03, 2018 12:51 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7997

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Jack believes in portfolio simplicity. Larry believes in portfolio complexity. I believe in Jack. Rick Ferri Why do you believe in a person rather than in the evidence? As far as I've understood, Swedroe's advice is based on the evidence provided by academic studies. Shouldn't peer reviewed studies...
by Tycoon
Wed Oct 03, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: Key differences between investing philosophies: Swedroe vs. Bogle
Replies: 144
Views: 7997

Re: Key differences between investing philosophies: Swedroe vs. Bogle

Jack believes in portfolio simplicity. Larry believes in portfolio complexity. I believe in Jack. Rick Ferri Why do you believe in a person rather than in the evidence? As far as I've understood, Swedroe's advice is based on the evidence provided by academic studies. Shouldn't peer reviewed studies...
by Tycoon
Mon Oct 01, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9509

Re: Suze Orman - "I hate the FIRE movement."

Swampy wrote:
Mon Oct 01, 2018 10:41 am
With all due respect, I don't give a damn what Orman says, writes or believes.
+1
by Tycoon
Mon Oct 01, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14982

Re: Should we stay in Crazytown because there's no where to run?

The path to Crazytown? https://ei.marketwatch.com/Multimedia/2018/09/27/Photos/NS/MW-GQ819_201809_20180927143702_NS.png?uuid=533cc970-c284-11e8-8f05-ac162d7bc1f7 https://www.marketwatch.com/story/were-only-a-few-ticks-away-from-reaching-dotcon-stupidity-warns-trader-2018-09-27?mod=MW_home_top_stori...
by Tycoon
Sat Sep 29, 2018 9:27 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14982

Re: Should we stay in Crazytown because there's no where to run?

Judging from this recent post, and others you've recently penned, I think you should consider finding investments that don't cause you to second guess your decisions. Perhaps CDs, or treasuries, might better suit your disposition.
by Tycoon
Sat Sep 08, 2018 8:36 am
Forum: Personal Consumer Issues
Topic: Bike computer or Apple Watch?
Replies: 49
Views: 3535

Re: Bike computer or Apple Watch?

Bike computer. A watch collects sweat around my wrist.
by Tycoon
Sat Sep 08, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: Is it sensible to buy a car from Elon Musk?
Replies: 59
Views: 3185

Re: Is it sensible to buy a car from Elon Musk?

It's not sensible for me to purchase one of his cars. The break-even doesn't come close. As far as Mr. Musk, I've never been into hero worship.
by Tycoon
Sat Sep 08, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare sharing programs
Replies: 19
Views: 1138

Re: Healthcare sharing programs

There are many prior threads on this topic. You should search for those. The threads always end up being shut down because they become too political. I don't believe we really need to debate their merits again in a new thread. Ditto.. Ditto.. Ditto... Medishare has the dubious distinction of being ...
by Tycoon
Mon Sep 03, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3328

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

concerning Alphabet (and Amazon too), I've seen some very good arguments here: https://www.youtube.com/watch?v=XYTqrWO1_fk Youtube arguments tend to be the strongest :D these guys at Ritholz seem smart; they champion using index funds for some investors and they have an 'evidence based investment c...
by Tycoon
Mon Sep 03, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3328

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

If putting your money in Alphabet and Amazon is something that you feel strongly about, do it. The best lessons in life are learned the hard way. I hope it turns out well.
by Tycoon
Sun Sep 02, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: Lexus vs. Mercedes
Replies: 86
Views: 6608

Re: Lexus vs. Mercedes

Are you going to remember a Lexus or a trip to Hawaii with your family on your deathbed?[/color] Not to derail this thread, but this made me think. Cars and vacations are not something I'll will remember on my deathbed. Neither made lasting impressions like the birth of my children, or the first ti...
by Tycoon
Sun Sep 02, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: What are your goals when you change your bond funds?
Replies: 36
Views: 2396

Re: What are your goals when you change your bond funds?

I'm retiring in Jan. '19. My goal is income to supplement my pension.
by Tycoon
Sun Sep 02, 2018 8:24 am
Forum: Personal Consumer Issues
Topic: German B&M Non-Blinking vs. Blinking Bike Tail Lights
Replies: 20
Views: 1269

Re: German B&M Non-Blinking vs. Blinking Bike Tail Lights

I use a Cygolite Hotshot PRO 3 150, but it's not permanent. It has a few blinking modes and it's really bright.
by Tycoon
Sat Sep 01, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Decided to try timing the market. 100% short on 9/17/15
Replies: 361
Views: 63158

Re: Decided to try timing the market. 100% short on 9/17/15

How did I miss this thread? Another classic. 100% short! That took nerves of steel.
by Tycoon
Wed Aug 29, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3399

Re: Just put $100K into TUR. Analysis inside

Elysium wrote:
Wed Aug 29, 2018 5:13 pm
This is really fun thread.. I just wanted to be here :D
Me too! I'm going to follow this one. It's got all the classics in it.
by Tycoon
Wed Aug 29, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11627

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

________________ said the market will crash, is overvalued, undervalued, overheated, inflated, irrational, etc.

Just fill in the blank with any guru, genius, or self appointed expert.
by Tycoon
Sun Aug 26, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7790
Views: 1601556

Re: U.S. stocks in freefall

CaliJim wrote:
Sun Aug 26, 2018 12:04 pm
The crash is coming! Just you wait. My neighbor told me he recently totally pulled out of the market and purchased real estate in Hawaii with the proceeds. You have been warned! :twisted:
Hmmm.... Hawaii eh? No risk of an active vocano erupting right? Sounds like a smart move. :P
by Tycoon
Sat Aug 25, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Financial education for kids
Replies: 14
Views: 857

Re: Financial education for kids

When my children were little after we got done Trick or Treating I took 30% of their candy. That taught them about taxes. When they were a little older I paid them both the same amount of money to do different tasks. One task was much more laborious and took longer, so one sat around and watched the...
by Tycoon
Fri Aug 24, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Pay off mortgage with 5.12% interest rate?
Replies: 12
Views: 905

Re: Pay off mortgage with 5.12% interest rate?

Yes, I would pay off a 5.12% mortgage.
by Tycoon
Sun Aug 19, 2018 12:13 pm
Forum: Investing - Theory, News & General
Topic: Previous 10 year returns predicitions
Replies: 6
Views: 1002

Re: Previous 10 year returns predicitions

Larry Swedroe used to post a list of predictions. I'm too lazy to find if for you, but if you search "Swedroe predictions" I'm sure you'll find them. Edited to add: I decided that I'm curious too. This may not be exactly what you're looking for, but it's fun to read anyway. http://www.etf.com/sectio...
by Tycoon
Sun Aug 19, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 330
Views: 25958

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 Tycoon
Thu Aug 16, 2018 8:30 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105658

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops: :sharebeer Since you asked. Me? I didn't become a multi-millionaire following the advice of anonymous internet prognosticators. I'll continue to dance with the one that b...
by Tycoon
Tue Aug 14, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105658

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 8/13/2018, if you had invested $10,000 in both funds on 4/30/1996, you would currentl...
by Tycoon
Sat Aug 11, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: NYT: The Big, Dangerous Bubble in Corporate Debt
Replies: 18
Views: 3703

Re: NYT: The Big, Dangerous Bubble in Corporate Debt

Here a bubble, there a bubble, everywhere a bubble. That's it! I'm getting the shovel and burying our money in the backyard. If one is looking for reasons to worry one can certainly find them. Asteroids, super volcanoes, sunspots, corporate debt, what next? Investing involves risk. Measure one's ris...
by Tycoon
Sat Aug 11, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: Advice requested: making a HO claim for a roof/hail
Replies: 21
Views: 1132

Re: Advice requested: making a HO claim for a roof/hail

Have an adjuster climb up on your roof and check for damage. If there is damage that warrants replacing the roof, replace it. The reason I haven't done this is because I read that if I initiate a call to my insurance, they inspect, and they find no damage (or if they find minimal damage and we deci...
by Tycoon
Sat Aug 11, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: Advice requested: making a HO claim for a roof/hail
Replies: 21
Views: 1132

Re: Advice requested: making a HO claim for a roof/hail

Have an adjuster climb up on your roof and check for damage. If there is damage that warrants replacing the roof, replace it.
by Tycoon
Sun Aug 05, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 4945

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

I ride a road bike without a helmet.
by Tycoon
Sat Aug 04, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15996

Re: Will you pay for your kids' college/graduate education?

1st child went for free as an undergrad and now is going back for free as a grad/Phd student. We're paying for #2's education. We promised our children we would pay for their college education as long as they did well in school. We have no regrets.
by Tycoon
Sat Aug 04, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: DJIA Bubble Chart
Replies: 9
Views: 1143

Re: DJIA Bubble Chart

I've noticed a distinct trend in your postings.

No, the chart doesn't get my attention.
by Tycoon
Wed Aug 01, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: DW job in dangerous area
Replies: 90
Views: 7183

Re: DW job in dangerous area

I would pay my wife a 40k/yr. salary to not take the job.
by Tycoon
Mon Jul 30, 2018 5:24 pm
Forum: Personal Consumer Issues
Topic: ACT test - got 34, try for 36?
Replies: 61
Views: 5671

Re: ACT test - got 34, try for 36?

FireProof wrote:
Mon Jul 30, 2018 5:09 pm
If anything, there's an almost unlimited supply of people with 34s, so the only way to set yourself apart and not have to rely entirely on unpredictable soft factors is to get a really top score.
1.010% of ACT test takers scored 34. Roughly 20,499 students. 99th percentile. Unlimited supply?
by Tycoon
Sun Jul 29, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: Dual language vs Traditional Public School
Replies: 23
Views: 1362

Re: Dual language vs Traditional Public School

The benefits of being bilingual outstrip anything a translator can do. Bilingual individuals tend to have more advanced verbal abilities than their monolingual peers, as well as being better problem solvers and decision makers. This is a very interesting assertion since I am monolingual. I do not d...