Search found 262 matches

by R2D2
Mon Nov 12, 2018 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 8201

Re: Finances in NYC

If you look at Bankrates cost of living calculator you see that $58k in Columbus is equivalent to $145k in Manhattan and $111k in Brooklyn, with the difference being rent/mortgage. From a financial perspective the new wage is comprobale to your current wage adjusted for COL in NYC. OP, I would enco...
by R2D2
Sun Nov 11, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 8201

Re: Finances in NYC

NYCguy wrote:
Sat Nov 10, 2018 8:28 am
In a New York minute. You sum it up when you say professionally it is a no brainer.

New York remains a land of opportunity, particularly for the young and skilled. I am guessing you meet that description.
Bingo.

My only advice would be do everything possible to *not* pay an apartment broker.
by R2D2
Tue Oct 30, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Company options and non-compete agreements
Replies: 16
Views: 926

Re: Company options and non-compete agreements

Sounds like you're getting some good advice here. I would just add a few things: People often look at their non-compete and say, "Well it only covers X, Y, and Z and it's only for one year." What they don't realize is that: 1. You probably don't want to be unemployed for 1 year. 2. If you are, it's ...
by R2D2
Wed Oct 17, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Zion Nat'l Park & mosquitos in October?
Replies: 17
Views: 1451

Re: Zion Nat'l Park & mosquitos in October?

Steelersfan wrote:
Tue Oct 16, 2018 7:18 pm
AccuWeather has a mosquito forecast just for you:

https://www.accuweather.com/en/us/zion- ... /28252_poi
Wow, this is great! I had no idea there was such a thing.
Thanks for all the replies.
by R2D2
Tue Oct 16, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: Zion Nat'l Park & mosquitos in October?
Replies: 17
Views: 1451

Re: Zion Nat'l Park & mosquitos in October?

MJS wrote:
Tue Oct 16, 2018 1:04 pm
Contact info for Zion NP
https://www.nps.gov/zion/contacts.htm
Thanks MJS!
by R2D2
Tue Oct 16, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Zion Nat'l Park & mosquitos in October?
Replies: 17
Views: 1451

Re: Zion Nat'l Park & mosquitos in October?

Kdsunday & Watty: Thanks for the helpful replies. Kdsunday, It's actually quite useful to know that you're a mosquito magnet like me. Watty, good idea about calling the park. Shallowpockets: This is not helpful at all. I don't want to pay extra to check a bag, and bug spray doesn't travel well as it...
by R2D2
Mon Oct 15, 2018 11:02 am
Forum: Personal Consumer Issues
Topic: Zion Nat'l Park & mosquitos in October?
Replies: 17
Views: 1451

Zion Nat'l Park & mosquitos in October?

First, thanks for all the advice on this board wrt visiting national parks. We are going to be hiking in Zion National Park later this October, and I'm trying to figure out if I need to pack insect repellent. On the one hand, it's October (and not very warm!); on the other hand, I'm a mosquito magne...
by R2D2
Tue Oct 09, 2018 2:49 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: 107038

Re: Correlation

Correlation does not capture magnitude, only direction. This may be a mistake according to this definition: The Pearson correlation coefficient is a number between -1 and +1 that measures both the strength and direction of the linear relationship between two variables. The magnitude of the number r...
by R2D2
Mon Oct 01, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 15059

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

Maybe consider buying something expensive, but necessary*, with some of your gains or new contributions you aren't comfortable investing. Replacement vehicle, new roof/water heater/HVAC, pay off mortgage etc... Deferrable expenses that will eventually come due. So, if/when a downturn does hit, you ...
by R2D2
Fri Sep 28, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Deductibles
Replies: 19
Views: 1514

Re: Auto Deductibles

I'm curious about this too. I haven't priced auto insurance in a while, but I do seem to remember that the premiums didn't drop much as you increased the deductible. Any other data points?
by R2D2
Wed Sep 26, 2018 2:35 pm
Forum: Personal Consumer Issues
Topic: Electric Shaver/Beard Trimmer
Replies: 21
Views: 1863

Re: Electric Shaver/Beard Trimmer

I really liked my Phillips Norelco electric shaver for the first few weeks. It seemed to work at least as well as a regular blade. Then after a few weeks, it would get worse. At this point, I had to use a regular blade a few times a week since the electric just wasn't good enough. Replacing the blad...
by R2D2
Mon Sep 24, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: Siegel: 'stocks are overvalued on a long-term basis, but bonds are enormously overvalued on a long-term basis'
Replies: 74
Views: 8094

Re: Siegel: 'stocks are overvalued on a long-term basis, but bonds are enormously overvalued on a long-term basis'

Interesting article on Siegel and Shiller that I thought I’d share here: http://knowledge.wharton.upenn.edu/article/siegel-shiller-stock-market/ Siegel: - The CAPE ratio might be permanently higher due to indexing lowering costs for investors (an interesting argument that I had not heard of before)...
by R2D2
Mon Sep 10, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

Hyperborea wrote:
Mon Sep 10, 2018 12:43 pm
For longer retirements, once you've passed the SOR window of the first 10 years or so...
Thanks for explaining!
by R2D2
Mon Sep 10, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

You are using unrealistically pessimistic assumptions. People have been predicting low equity returns over the next decade for well over a decade. I haven't seen a compelling argument to expect less than 8-10% going forward, maybe a bit more for a heavily tilted portfolio.The pessimistic prediction...
by R2D2
Mon Sep 10, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

By the way, you can pretty easily do these bootstrapping experiments with Simba spreadsheet and excel running eg 10000 runs with "Data Table" function. I went down a similar path with 50/50 for 40y and came out with 3.5% SWR. I assumed 3% for stocks for the next 15 years and one percent for Bonds (...
by R2D2
Fri Sep 07, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

Or it might be pretty historically bad 90 years. What are the odds the next 90 or so years will have 2 World wars, a great depression caused by poor government action, another 3 police action/wars, an oil shock/stagflation with poor government response, and then some more deregulation to cause a re...
by R2D2
Thu Sep 06, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: To Be or Not to Be...Married
Replies: 135
Views: 5090

Re: To Be or Not to Be...Married

I'm glad the OP is considering the financial impact of marriage, and I'm glad some people are helping her out. I'm disappointed by the tone of some of the other responses though, especially those people chastising her for asking internet randos for advice. This is the entire point of this forum. But...
by R2D2
Wed Sep 05, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

I don't see a lot of them on the streets living out of cardboard boxes. Certainly not 18% of them. In fact, none of them. I get what you're saying, but to be fair, that "18% case" would strike many people at once or not hit anybody at all. For example, if we had a really bad drawdown in equities an...
by R2D2
Wed Sep 05, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

Math doesn't solve every problem.....Convincing yourself you are using math to solve a non-mathematical problem is not good. If you aren't using historical data, what numbers are you using in the "math"? I like the way we're using scare quotes on "math". :D There are certainly alternatives to using...
by R2D2
Tue Sep 04, 2018 8:27 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

Math doesn't solve every problem.....Convincing yourself you are using math to solve a non-mathematical problem is not good. If you aren't using historical data, what numbers are you using in the "math"? I like the way we're using scare quotes on "math". :D There are certainly alternatives to using...
by R2D2
Sun Sep 02, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

Garbage in, garbage out. That's exactly my concern about using historical. Yes, we know that "historical" actually happened, but people (even on this thread) seem to agree that it's a bad guide going forward and that 4% nominal returns are more likely. But they don't seem willing to adjust appropri...
by R2D2
Sat Sep 01, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

A few points. 1) The track record of finance theory predicting actual returns is quite poor. I am not sure much i would want to rely on that to develop my plan 2) Classical MCS analysis overstates the best and worst case outcomes because it does not consider interaction of returns. The years after ...
by R2D2
Fri Aug 31, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

Returns to expect? I don't think anyone knows. I was using the word "expected" in the mathematical sense. Remember that the recommended 4% withdrawal (or maybe 3.0%-3.5% for early retirees) is not based on average returns. It is based on the worst case historical periods. In the average case a with...
by R2D2
Fri Aug 31, 2018 9:07 am
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

I think what you have re-discovered is that Monte Carlo simulations produce fatter tails in the distribution of outcomes than have ever occurred in real life. Of course, Michael Kitces has an article for that: https://www.kitces.com/blog/monte-carlo-analysis-risk-fat-tails-vs-safe-withdrawal-rates-...
by R2D2
Fri Aug 31, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

willthrill81 wrote:
Thu Aug 30, 2018 6:48 pm
Remember that it's a balancing act between the risk of running out of money, which is far overblown IMHO,
Can you elaborate on that?
by R2D2
Thu Aug 30, 2018 6:04 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

R2D2: You might find the analysis done at the Early Retirement Now website to be of interest. He looks at longer time frames, like 60 years, using monthly historical data going back to 1871. So it's not Monte Carlo like the OP's analysis, but the overall conclusion for SWR (depending on the assumpt...
by R2D2
Thu Aug 30, 2018 6:01 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

I think most of us would agree that we shouldn't expect bond returns to be as good in the next 10+ years as they were over the past few decades. In fact, I strongly suspect that if you buy a 10 year Treasury today, you'll make about 2.9% annualized between now and maturity. :) I think you'll be ver...
by R2D2
Thu Aug 30, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

I can see the argument that equity returns will pick up at some point, but I could easily imagine that low interest rates on bonds is the new normal. All I'm saying is that 50 years is a ridiculously long time to make guesses about performance. Fifty years ago there were no index funds, virtually n...
by R2D2
Wed Aug 29, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

There's a pretty massive leap from "I'm expecting 3% real returns for the next decade" to "I'm expecting 3% real returns for most of the next century ". You're saying "I expect the US to have equity returns like Japan has had. But not just for 30 years like Japan but for an entire half century". Pe...
by R2D2
Wed Aug 29, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

Well you can't spend real dollars yet. I think it's better to adjust future budgets for inflation but let things like average returns and Monte's still use nominal dollars for their calculations. I just assumed 3% inflation and subtracted that from my nominal returns. Put another way, I just assume...
by R2D2
Wed Aug 29, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5863

Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

One thing that always bothered me about a lot of SWR (safe withdrawal rate) stats were that they were based on historical returns. I decided to look into Monte Carlo simulations instead. I think most of us would agree that we shouldn't expect bond returns to be as good in the next 10+ years as they ...
by R2D2
Wed Aug 22, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 31
Views: 2237

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Best advice would be for him to start algo trading now and show a great track record of success. You need to stand out, show you've got what it takes. As someone who works in the hedge fund industry, the above is extremely bad advice. Agreed. It's bad advice. Just to elaborate on my reply: Most of ...
by R2D2
Tue Aug 21, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 31
Views: 2237

Re: Quant / Financial Technology Job Opportunities / companies in New York City

AlphaLess wrote:
Sun Aug 19, 2018 1:08 pm
carguyny wrote:
Fri Aug 17, 2018 7:06 am
Best advice would be for him to start algo trading now and show a great track record of success. You need to stand out, show you've got what it takes.
As someone who works in the hedge fund industry, the above is extremely bad advice.
Agreed. It's bad advice.
by R2D2
Mon Aug 20, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: File a claim for $750 worth of car damage?
Replies: 17
Views: 938

Re: File a claim for $750 worth of car damage?

bob60014 wrote:
Mon Aug 20, 2018 10:48 am
Beth/Betty had the accident. Being resposible, Beth/Betty pays the $750 to Adam , car gets fixed, case over. I haven't had my morning coffee yet, but why is this complicated? :D
Would you give the same answer if B caused $5000 worth of damage? Wouldn't B expect A to submit it to A's insurance?
by R2D2
Mon Aug 20, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: File a claim for $750 worth of car damage?
Replies: 17
Views: 938

Re: File a claim for $750 worth of car damage?

OP here. Yes, Beth and Betty are the same person. I should've decided if I should use her nickname and stuck to it. :) (That led to some funny replies though.) Thanks for all the responses. I will suggest calling a scratch and dent company. (Is that what you would google? "Scratch and dent company"?...
by R2D2
Mon Aug 20, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: File a claim for $750 worth of car damage?
Replies: 17
Views: 938

File a claim for $750 worth of car damage?

My friend Adam lent his car to Beth. Beth bumped into a pole and ended putting a deep scratch into one of the doors. Adam & Beth got an estimate to repair the damage and the body shop said they'd have to repaint the door and it would cost $750. Adam's insurance deductible is $500. Should Adam file a...
by R2D2
Sat Jun 30, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: Bogleheads approach to hair loss?
Replies: 15
Views: 1109

Re: Bogleheads approach to hair loss?

ClevrChico wrote:
Sat Jun 30, 2018 10:13 am
I believe medical questions are off topic, so I'll say just say talk to your doctor during your next checkup. I saved my hair, no surgery required.
Wait, you saved your hair how?
by R2D2
Sat Jun 30, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Bogleheads approach to hair loss?
Replies: 15
Views: 1109

Bogleheads approach to hair loss?

Has anyone here found an affordable way to prevent (or mitigate) hair loss? Around the age of 40, I noticed my receding hairline. Minoxidil doesn't seem to do much (after 2 years of use), propecia scares me, and I think this leaves various expensive surgical options. Worse of all, I'm not even sure ...
by R2D2
Fri Jun 29, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2484

Re: Online backup service for a few TB's of data and a 2nd computer with a small amount of data

Yes, you have to opt-in for the zero knowledge with Backblaze. They ask you during the install, and I believe you could also change that setting later if you didn't opt-in from the start. Oh that's awesome. So I think Backblaze ticks all the boxes except for providing a free way for my wife's pc to...
by R2D2
Fri Jun 29, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2484

Re: Online backup service for a few TB's of data and a 2nd computer with a small amount of data

I'm another previous Crashplan for Home user. A few months ago, I researched a bunch of options, and decided on Backblaze for $50/yr for a computer and connected drives. https://www.cloudwards.net/carbonite-vs-backblaze-vs-idrive/ My wife is reluctant to get a Backblaze subscription herself, so I'm...
by R2D2
Fri Jun 29, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2484

Re: Online backup service for a few TB's of data and a 2nd computer with a small amount of data

Amazon charges about $60 per TB so I assume others are about the same. For an external hard drive, you cam get 8TB for about $160. https://www.amazon.com/Seagate-Expansion-Desktop-External-STEB8000100/dp/B01HAPGEIE/ref=sr_1_3?s=pc&ie=UTF8&qid=1530282854&sr=1-3&keywords=seagate+external+hard+drive I...
by R2D2
Fri Jun 29, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2484

Re: Online backup service for a few TB's of data and a 2nd computer with a small amount of data

Is there any reason that you do not want to back it up to an external hard drive? You can use whole disk encryption such as veracrypt. I like the way Crashplan just runs in the background, does versioning, and I basically don't have to do anything. Also I'm not sure how big a hard drive I'd need to...
by R2D2
Fri Jun 29, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2484

Online backup service for a few TB's of data and a 2nd computer with a small amount of data

My Crashplan service is ending in a month. I have about 3 TB of data, and it'll gradually increase over time. My wife's computer has a small amount, maybe 20 GB. I currently have her pc back up (using Crashplan) to my pc for free. Then my paid Crashplan subscription backs up my computer to Crashplan...
by R2D2
Wed Jun 13, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 9463

Re: Getting killed on taxes - any ideas?

The hostility and self-righteousness in the responses is very disappointing. So are the excuses given for it.
by R2D2
Tue May 29, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 100
Views: 8990

Re: Is inflation the greatest risk to retirement portfolios?

Actually, I can think of one good reason not to have all your fixed income in TIPS... CDs offer the option of early withdrawal (typically with a pretty small penalty). This can be very valuable, and it can make the expected return of CDs quite a bit higher than that of TIPS. But of course it doesn't...
by R2D2
Tue May 29, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 100
Views: 8990

Re: Is inflation the greatest risk to retirement portfolios?

Let me try to flesh this out a bit, for myself and maybe others. Let me know what's right or wrong here. Yeah, I think I agree with all of this. Your key insight here is that should you compute the variance of your real return instead of your nominal return. Everything follows from that. You could ...
by R2D2
Tue May 29, 2018 12:35 pm
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 100
Views: 8990

Re: Is inflation the greatest risk to retirement portfolios?

Sorry if this is a distraction, but can someone help me understand why inflation is relevant to picking how your money is invested? Does not inflation have the same effect, regardless of how you got your money? I.e. over the next 30 years, inflation will eat into your savings according to some annu...
by R2D2
Tue May 29, 2018 8:58 am
Forum: Investing - Theory, News & General
Topic: Is inflation the greatest risk to retirement portfolios?
Replies: 100
Views: 8990

Re: Is inflation the greatest risk to retirement portfolios?

What if we change the OP's question a bit and suppose he's willing to hold equities as well as TIPS? So suppose his original question had been: "Why should anyone hold nominal bonds? I want to have a 60/40 portfolio. Why should the 40% portion (that is allocated to bonds) be in anything but TIPS? Af...
by R2D2
Sat May 12, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Do you lose state taxes
Replies: 8
Views: 1916

Re: Do you loose state taxes

Sorry, I'm finding this thread very confusing (starting with thread title). The treasury fund holds mostly treasuries, so it should be mostly state tax-free, right? This is why Afty's comment confused me. And I'm not sure what HSA's or NJ has to do with this. Not a criticism; I just don't get it. I ...