Search found 877 matches
- Wed Apr 14, 2021 10:50 am
- Forum: Personal Consumer Issues
- Topic: Non-fungible tokens (NFTs): anyone investing in those?
- Replies: 246
- Views: 17394
Re: Non-fungible tokens (NFTs): anyone investing in those?
Here's a discussion with Kevin Roose on crypto and NFTs, 34 minutes. Roose auctioned an NFT of a newspaper article he wrote, got $500k. https://www.nytimes.com/2021/04/13/podcasts/the-daily/nft-bitcoin-cryptocurrency.html https://static01.nyt.com/images/2021/03/27/business/13DAILY-column-image/26roo...
- Fri Apr 09, 2021 6:55 pm
- Forum: Investing - Theory, News & General
- Topic: Real Return Fakers & Quitting Investing For Good
- Replies: 51
- Views: 5271
Re: Real Return Fakers & Quitting Investing For Good
I solved this whole problem by not trying to predict investment returns. +1 exactly example: https://ofdollarsanddata.com/the-right-place-the-right-time/ annualized real returns from 1960 to 1980, less than 2% annualized real returns from 1980 to 2000, about 13% from 2020-2040? Maybe try using a fe...
- Thu Mar 25, 2021 11:08 am
- Forum: Investing - Theory, News & General
- Topic: Metals [Does anybody buy Silver and Gold?]
- Replies: 43
- Views: 3355
Re: Metals [Does anybody buy Silver and Gold?]
If fun is the objective, you might have more fun with some gallium - https://www.amazon.com/Gallium-Metal-Gr ... ee_s_bmx_6
- Mon Mar 22, 2021 12:45 pm
- Forum: Personal Consumer Issues
- Topic: Is Google Advanced Protection the only safe way to use Yubikey?
- Replies: 104
- Views: 7618
Re: Is Google Advanced Protection the only safe way to use Yubikey?
Thanks for your research. I am wondering whether Google's implementation of an Android phone as a security key using Google prompts is equivalent to using a Yubikey. Apparently for now it only works with Android phones and Google Chrome. I think that his would overcome the weakness of SMS due to a ...
- Sun Mar 21, 2021 8:58 pm
- Forum: Personal Consumer Issues
- Topic: Cleaning up aunt's URBAN condo
- Replies: 34
- Views: 2459
Re: Cleaning up aunt's URBAN condo
this article might be useful - 'When mom and dad are gone, how best to get rid of a lifetime of possessions'
https://www.washingtonpost.com/realesta ... story.html
https://www.washingtonpost.com/realesta ... story.html
- Wed Mar 10, 2021 8:07 am
- Forum: Investing - Theory, News & General
- Topic: William Bernstein on Masters in Business
- Replies: 15
- Views: 2395
Re: William Bernstein on Masters in Business
also on the Morningstar podcast, 'The Long View' Bill Bernstein: We're Starting to See all of the Signs of a Bubble The author and investment advisor joins us for our 100th episode to discuss his new book, value stocks and inflation, and the current market environment. https://www.morningstar.com/po...
- Mon Mar 08, 2021 2:03 pm
- Forum: Personal Consumer Issues
- Topic: Peloton purchase inquiry
- Replies: 27
- Views: 2517
Re: Peloton purchase inquiry
I’ve Never Seen Anything Like This’: Chaos Strikes Global Shipping The pandemic has disrupted international trade, driving up the cost of shipping goods and adding a fresh challenge to the global economic recovery. ... Peloton points to port congestion as a factor behind its delays in delivering it...
- Sun Mar 07, 2021 10:43 am
- Forum: Investing - Theory, News & General
- Topic: Satisficing in the investment game
- Replies: 22
- Views: 2414
Re: Satisficing in the investment game
This morning the BBC radio program, "Deeply Human", featured psychologist Barry Schwartz discussing "maximizers" vs "satisficers" in the area of dating, rather than investing. Schwartz is also known for his book and TED talk, "The Paradox of Choice – Why More Is Le...
- Thu Mar 04, 2021 6:57 pm
- Forum: Personal Consumer Issues
- Topic: 1987 Carrier HVAC. Replace or fix?
- Replies: 57
- Views: 3448
Re: 1987 Carrier HVAC. Replace or fix?
Here's the EIA electricity rate info mentioned by VT: https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=epmt_5_6_a Average Price of Electricity to Ultimate Customers for residential use, in cents/kwh Hawaii 29.14 California 20.45 New England 20.37 U.S average 12.80 Washington state 9.7...
- Fri Feb 26, 2021 9:44 pm
- Forum: Investing - Theory, News & General
- Topic: Can someone explain the logic behind the Buffett Indicator?
- Replies: 22
- Views: 1850
Re: Can someone explain the logic behind the Buffett Indicator?
Probably helps if you use at a more complete version of the article - https://www.berkshirehathaway.com/2001a ... 202001.pdf
- Fri Feb 19, 2021 4:51 pm
- Forum: Investing - Theory, News & General
- Topic: What's Wrong with Annuities?
- Replies: 150
- Views: 9776
Re: What's Wrong with Annuities?
This might be helpful, 'The Annuity Puzzle', by (Nobel laureate) Richard Thaler (from 2011). https://www.nytimes.com/2011/06/05/business/economy/05view.html?searchResultPosition=1 also: 'The Ages of the Investor: A Critical Look at Life-cycle Investing (Investing for Adults Book 1)', William Bernste...
- Wed Feb 17, 2021 10:50 am
- Forum: Investing - Theory, News & General
- Topic: TSP 3-Funds or TSP Target Date Fund?
- Replies: 85
- Views: 7270
- Tue Feb 16, 2021 6:51 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 5083
- Views: 1324388
Re: What Book Are You Currently Reading? Part VI
'How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need' - Bill Gates and Bill McKibben's critical review https://www.nytimes.com/2021/02/15/books/review/bill-gates-how-to-avoid-a-climate-disaster.html also, a reading list, 100 Best Behavioral Economics Books of All Tim...
- Mon Feb 15, 2021 8:47 am
- Forum: Investing - Theory, News & General
- Topic: An important reminder from William Bernstein (2012)
- Replies: 42
- Views: 5852
Re: An important reminder from William Bernstein (2012)
Great post, Valuethinker. When I read these days of SPAC-mania, I’m also reminded of Edward Chancellor’s “Devil Take the Hindmost” and speculative bubbles growing and bursting over centuries. Nonetheless, we invest early and often and soldier on as BHs, tuning out the noise. Bernstein's new book, '...
- Wed Feb 10, 2021 9:45 pm
- Forum: Investing - Theory, News & General
- Topic: Are Any Financial Subscriptions Worth It?
- Replies: 58
- Views: 4874
Re: Are Any Financial Subscriptions Worth It?
The only one I can recommend is this one: https://www.npr.org/sections/alltechconsidered/2016/01/08/462250239/when-an-index-card-of-financial-tips-isnt-enough-this-book-is-there Investing, like losing weight, is simple, but for most folks, not easy. There's always a temptation to think you are smart...
- Tue Feb 09, 2021 9:44 pm
- Forum: Personal Consumer Issues
- Topic: Anyone else like having passwords that they can remember?
- Replies: 65
- Views: 3773
Re: Anyone else like having passwords that they can remember?
I recommend a system that includes a site-specific "salt" added. For example, pick a word you like. Let's say it's football. Obviously football, Football, and Football!69 are poor choices, likely to be found in commonly available "dictionaries" that provide reverse lookup online...
- Mon Feb 08, 2021 8:50 am
- Forum: Investing - Theory, News & General
- Topic: TSLA: What Changed?
- Replies: 152
- Views: 11892
Re: TSLA: What Changed?
for all you "Boglehead" stockpickers:
https://twitter.com/JonErlichman/status ... 6076526592Some businesses that advertised during Tom Brady’s first Super Bowl:
AOL
Blockbuster
Radio Shack
Circuit City
CompUSA
Sears
HotJobs
Yahoo
VoiceStream Wireless
Gateway Computers
- Sun Feb 07, 2021 5:33 pm
- Forum: Investing - Theory, News & General
- Topic: Can the wallstreetbets style be made to work?
- Replies: 77
- Views: 4408
Re: Can the wallstreetbets style be made to work?
Good discussion on the BBC's 'The Briefing Room' (30 minutes) - There was pandemonium on the US stock market when shares in a chain of video game shops went through the roof. At one point GameStop’s stock, which averaged just seven dollars last year, was valued at more than 480 dollars. The frenzy w...
- Sat Feb 06, 2021 1:49 pm
- Forum: Personal Consumer Issues
- Topic: What Book Are You Currently Reading? Part VI
- Replies: 5083
- Views: 1324388
Michael Lewis, 'The Premonition, A Pandemic Story'
Looking forward to Michael Lewis' new book, 'The Premonition, A Pandemic Story', due out in May. Last year, when the coronavirus began spreading throughout the United States, Lewis called some of his government sources for “The Fifth Risk.” What he learned was even more disconcerting than the fright...
- Wed Feb 03, 2021 10:33 am
- Forum: Investing - Theory, News & General
- Topic: Madness of Crowds
- Replies: 104
- Views: 8360
Re: Madness of Crowds
Despite high debt, inflation in Japan remains low.


- Sat Jan 30, 2021 9:53 pm
- Forum: Personal Consumer Issues
- Topic: Electric Vehicle Tipping Point
- Replies: 94
- Views: 4515
Re: Electric Vehicle Tipping Point
Imagine an electric car battery that provides more than 300 miles of range, charges in approximately ten minutes , requires no bulky heating and cooling systems, maintains 80 percent of its charge capacity for 800 cycles (about 240,000 miles), and isn't prone to spontaneous combustion. Such is the ...
- Sat Jan 30, 2021 9:03 am
- Forum: Investing - Theory, News & General
- Topic: [GameStop GME trading mega-thread]
- Replies: 4570
- Views: 230066
Mr. Bogle’s monster love-child
Jason Zweig on Gamestop - On Jan. 25, Mr. Mattingly was on Bogleheads.org, one of his favorite websites, which advocates long-term investing. There, Mr. Mattingly stumbled on a reference to GameStop’s wild price moves. ... That movement is Mr. Bogle’s monster love-child. It’s the culmination of 45 y...
- Wed Jan 27, 2021 2:00 pm
- Forum: Personal Consumer Issues
- Topic: [What TV Show Have You Recently Watched?]
- Replies: 2756
- Views: 274527
Re: [What TV Show Have You Recently Watched?]
Babylon Berlin on Netflix, in German, English subtitles. Not new, it's been out a while. I've gone thru 6 episodes & really enjoy it. https://www.youtube.com/watch?v=uekZpkYf7-E BABYLON BERLIN, SPRING 1929 A metropolis in turmoil. From economy to culture, politics to the underworld – everything ...
- Fri Jan 22, 2021 7:11 pm
- Forum: Personal Consumer Issues
- Topic: Best State and National Parks in the Southeast
- Replies: 54
- Views: 3965
Re: Best State and National Parks in the Southeast
In today's Washington Post - "New River Gorge: America’s newest national park is one of West Virginia’s hidden gems"
https://www.washingtonpost.com/travel/2 ... onal-park/
https://www.washingtonpost.com/travel/2 ... onal-park/
- Thu Jan 21, 2021 10:26 pm
- Forum: Investing - Theory, News & General
- Topic: Why isn't every indexer investing in small cap value index funds?
- Replies: 372
- Views: 35247
Re: Small Cap Value according to Paul Merriman has outperformed 100% of 20 year historical periods, what's the catch?
If past history was all there was to the game, the richest people would be librarians. — Warren Buffett
- Sun Jan 17, 2021 9:05 pm
- Forum: Investing - Theory, News & General
- Topic: New York Times: How to Be a Better Investor: Do Nothing
- Replies: 23
- Views: 5308
Re: New York Times: How to Be a Better Investor: Do Nothing
Exactly. Just take a look at the posts on this board. Most are half-baked schemes to beat the market.texasdiver wrote: ↑Sun Jan 17, 2021 5:54 pmNot for us perhaps. But a lot of people never seem to have gotten the message.
- Sun Jan 17, 2021 6:25 pm
- Forum: Personal Consumer Issues
- Topic: Let's play chess
- Replies: 151
- Views: 12005
Re: Let's play chess
Anya Taylor-Joy is a guest on the recent Graham Norton show, starts about 7:45.
https://www.bbcamerica.com/shows/the-gr ... -12--53034
https://www.bbcamerica.com/shows/the-gr ... -12--53034
- Tue Jan 12, 2021 8:51 am
- Forum: Personal Consumer Issues
- Topic: Help Me [Recover] My Bitcoin!
- Replies: 126
- Views: 20873
Re: Help Me [Recover] My Bitcoin!
Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million. The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds...
- Fri Jan 08, 2021 1:38 pm
- Forum: Investing - Theory, News & General
- Topic: Why isn't every indexer investing in small cap value index funds?
- Replies: 372
- Views: 35247
Re: Why isn't every indexer investing in small cap value index funds?
The academic studies and French-Fama model prove that investing in small cap value provides better returns. So what is the reason why every indexer doesn't do it? I personally want to convert my entire world cap stock index to small cap value index, because studies prove it has provided better retu...
- Tue Jan 05, 2021 1:36 pm
- Forum: Investing - Theory, News & General
- Topic: Bitcoin, Starbucks or Doordash?
- Replies: 59
- Views: 3428
Re: Bitcoin, Starbucks or Doordash?
from last year, https://ritholtz.com/2019/04/buy-yourself-a-fking-latte/ It’s a cliché that refuses to die: personal finance guru Suze Orman warned investors last week that if you “waste money on coffee, it’s like ‘peeing $1 million down the drain.’” I disagree, and have repeatedly done so over the ...
- Sun Jan 03, 2021 9:24 pm
- Forum: Investing - Theory, News & General
- Topic: New Years Financial Resolutions
- Replies: 54
- Views: 4407
- Wed Dec 30, 2020 9:35 pm
- Forum: Investing - Theory, News & General
- Topic: Recommendations for non boglehead investing books?
- Replies: 20
- Views: 1431
Re: Recommendations for non boglehead investing books?
Samantha Power's husband has a new one coming out, 'Noise: A Flaw in Human Judgment Hardcover' (May 18, 2021) https://www.amazon.com/Noise-Human-Judgment-Daniel-Kahneman/dp/0316451401/ In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show how noise helps produce errors in many fields,...
- Mon Dec 28, 2020 9:21 pm
- Forum: Investing - Theory, News & General
- Topic: Podcasts for Index Investing and Retirement
- Replies: 7
- Views: 824
Re: Podcasts for Index Investing and Retirement
The advantage of a simple indexed portfolio is that you don't need to listen to financial porn. Rather, you can spend that time devoted to your family or community.
- Mon Dec 28, 2020 3:54 am
- Forum: Investing - Theory, News & General
- Topic: What is real inflation?
- Replies: 74
- Views: 4805
Re: What is real inflation?
Check here: https://www.bls.gov/cpi/
Fwiw, current rate is 1.2%.
Fwiw, current rate is 1.2%.
- Wed Dec 23, 2020 9:58 pm
- Forum: Investing - Theory, News & General
- Topic: THE REITH LECTURES 2020: HOW WE GET WHAT WE VALUE Mark Carney
- Replies: 0
- Views: 279
THE REITH LECTURES 2020: HOW WE GET WHAT WE VALUE Mark Carney
Dr Mark Carney's lectures, well worth the time: Welcome to the 2020 BBC Reith Lectures. In this tumultuous year, our lecturer is a man who brings a truly international perspective to some of the biggest global challenges facing all of us right now. In his series, ‘How We Get What We Value’, he will ...
- Tue Dec 22, 2020 7:46 pm
- Forum: Personal Investments
- Topic: Go from 12% to 22% federal income tax rate to pay off mortgage?
- Replies: 23
- Views: 1819
Re: Go from 12% to 22% federal income tax rate to pay off mortgage?
I know Dave Ramsey and other debt-averse people would advise me ... You're taking advice from this guy? https://www.nbcnews.com/news/us-news/caterers-finance-guru-dave-ramsey-s-holiday-party-told-not-n1251204 https://religionnews.com/2020/12/11/dave-ramsey-christian-financial-guru-ridicules-covid-1...
- Mon Dec 21, 2020 11:31 am
- Forum: Investing - Theory, News & General
- Topic: Is this the hardest investing environment ever?
- Replies: 182
- Views: 13178
Re: Is this the hardest investing environment ever?
back in the real world:checkyourmath wrote: ↑Sun Dec 20, 2020 11:08 pm The problem is inflation is at an all time high. This is a difficult environment.
https://www.bls.gov/cpi/From November 2019 to November 2020, the Consumer Price Index for All Urban Consumers increased 1.2 percent, the same increase as for the period ending October 2020.
- Sun Dec 20, 2020 12:22 pm
- Forum: Investing - Theory, News & General
- Topic: Is this the hardest investing environment ever?
- Replies: 182
- Views: 13178
Re: Is this the hardest investing environment ever?
Is this the hardest investing environment ever? Warren Buffett's advice via a virtual commencement address to the University of Nebraska-Lincoln, for students graduating from Buffett's alma mater on Saturday, December 19. "I would say this to this current year's class: I would love to trade pla...
- Wed Dec 16, 2020 11:54 am
- Forum: Investing - Theory, News & General
- Topic: Bitcoin breaks $20,000
- Replies: 231
- Views: 11425
Re: Bitcoin breaks $20,000
Time to rebalance into beany babies, tulip bulbs and the South Sea Company.
- Wed Dec 16, 2020 9:09 am
- Forum: Investing - Theory, News & General
- Topic: CAPE: A much stronger predictor of stock returns than many think
- Replies: 578
- Views: 39276
Re: CAPE: A much stronger predictor of stock returns than many think
10-year Annualized REAL Returns Since 1881 (relative to starting CAPE)

https://ritholtz.com/2020/12/10-wednesd ... um=twitter

https://ritholtz.com/2020/12/10-wednesd ... um=twitter
- Mon Dec 14, 2020 1:15 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 14623
- Views: 1122956
Re: U.S. stocks continue to soar!
"There we have it. Value of the global stock markets hits $100 trillion"
https://twitter.com/staffordphilip/stat ... 0978361344
https://twitter.com/staffordphilip/stat ... 0978361344
- Fri Dec 11, 2020 8:55 am
- Forum: Investing - Theory, News & General
- Topic: How America Invests: Vanguard data
- Replies: 56
- Views: 4367
Re: How America Invests: Vanguard data
from nineteen years ago - The defined-contribution system is broken; we just haven't realized it yet. While it may be possible to fix it by providing participants with much closer attention to expenses ... it makes more sense to improve the defined-benefit system with equitable vesting, portability ...
- Wed Dec 09, 2020 1:45 pm
- Forum: Investing - Theory, News & General
- Topic: TESLA Valuation
- Replies: 111
- Views: 7112
Re: TESLA Valuation
FWIW, "JPMorgan lifted its price target to $90 from $80, implying an 86% plunge from Tuesday's close over the next 12 months."
https://markets.businessinsider.com/new ... 1029878536
https://markets.businessinsider.com/new ... 1029878536
- Wed Dec 09, 2020 10:21 am
- Forum: Investing - Theory, News & General
- Topic: If Bonds are so Terrible, Why are they up so much for the year?
- Replies: 155
- Views: 12444
Re: If Bonds are so Terrible, Why are they up so much for the year?
Professional forecasters say interest rates are going up -
https://twitter.com/LizAnnSonders/statu ... 1746900992
Someday they might get it right!
https://twitter.com/LizAnnSonders/statu ... 1746900992
Someday they might get it right!
- Mon Dec 07, 2020 12:24 pm
- Forum: Investing - Theory, News & General
- Topic: Hyperinflation hedge
- Replies: 85
- Views: 6747
Re: Hyperinflation hedge
For a broader perspective, read William Bernstein's 'Deep Risk.' 'Deep risk: How History informs Portfolio Design' is the third installment in the investing for adults series. This series is not for novices. This booklet takes portfolio design beyond the familiar “black box” mean-variance framework....
- Sun Nov 29, 2020 10:02 pm
- Forum: Personal Consumer Issues
- Topic: Best Books for Post Retirement
- Replies: 19
- Views: 2625
Re: Best Books for Post Retirement
I would definately check out Bernstein's "The Ages of the Investor: A Critical Look at Life-cycle Investing (Investing for Adults Book 1) "
https://www.amazon.com/gp/product/B008C ... tkin_p1_i9
https://www.amazon.com/gp/product/B008C ... tkin_p1_i9
- Fri Nov 27, 2020 8:52 am
- Forum: Personal Investments
- Topic: Non-Dollar Currency Investing
- Replies: 12
- Views: 771
Re: Non-Dollar Currency Investing
It's been almost exactly 10 years since a number of connected individuals embarrassingly warned Ben Bernanke about inflation due to quantitative easing. https://economics21.org/html/open-letter-ben-bernanke-287.html Before you speculate, consider broadening your sources of information. This is recen...
- Mon Nov 23, 2020 10:17 am
- Forum: Investing - Theory, News & General
- Topic: Share proof that no one knows nothing
- Replies: 68
- Views: 7384
Re: Share proof that no one knows nothing
On not knowing, from yesterday's Ben Carlson's blog: https://awealthofcommonsense.com/2020/11/the-3-most-important-words-in-finance/ A number of years ago Jason Zweig interviewed the late Peter Bernstein and asked him some of the most important things he had to unlearn over the course of his career:...
- Sun Nov 22, 2020 7:14 pm
- Forum: Personal Consumer Issues
- Topic: Non-Alcoholic Beer/Wine/Mock Cocktails
- Replies: 37
- Views: 2534
Re: Non-Alcoholic Beer/Wine/Mock Cocktails
These, curious elixirs, are recommended on Mark Bittman's blog:
https://curiouselixirs.com/
https://heated.medium.com/the-bittman-t ... 6ad39cadc0
https://curiouselixirs.com/
https://heated.medium.com/the-bittman-t ... 6ad39cadc0
- Thu Nov 19, 2020 8:57 pm
- Forum: Investing - Theory, News & General
- Topic: Ray Dalio don't own bonds/cash
- Replies: 86
- Views: 8331
Re: Ray Dalio don't own bonds/cash
You are not Ray Dalio. Some say he has a net worth of about $20 billion. If all that is in the stock market & the stock market drops 99.9%, he still has $20 million. He can afford to take risk, can you?