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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
>> I also like the fact that by the nature of the SP500 index it gradually picks the winners for me and discards the losers
Speaking of that slow process, you sound like one who might enjoy having part of your SP500 holding be the CAPE etn.
@LB, v good
I once held a mix of CGMRX, VNQI, traded FRESX for VNQ (which underperforms it slightly), but a few years ago traded all for FRIFX, which is steadier.
None of them notably decorrelates with, you know, VTI.
I find it is not as uncorrelated as I would like, though. Used to own a lot of RWT.
As I have posted before, I don't know what to think or do about true diversification in retirement.
DSEEX, which is its own kind of semi-wack, plus wack Pimco bon…
wide and far and deep and various
http://nymag.com/daily/intelligencer/2018/08/republican-party-corruption-manafort-gates-chris-collins-wilbur-ross.html
omg, that is funny. Tyvm.
I am going to go watch all of the new "until we lost it" / "earning it back" stagecoach ads at once, and start believing. I mean, trust is purchasable today, right? That's today's motto. If second time is farce, what's the…
And now a pissy rep too. I trust I can do even more.
@msf, it is you who has pointed out the issues with singling out WFC. I never stop at headlines. Yes, it was and is the failure to offer modifications. If in fact their failures in this regard we…
It's droll that I seem to have some purity rep here. Or perhaps it's just alleged unfairness toward WFC.
Barney gave an interview recently:
http://nymag.com/daily/intelligencer/2018/08/barney-frank-on-his-regrets-from-the-great-recession.html
Ah, poor WFC, then, unfairly singled out in headlines.
BoA the most fines too, as of Feb:
https://www.marketwatch.com/story/banks-have-been-fined-a-staggering-243-billion-since-the-financial-crisis-2018-02-20
MF liked its chances last Dec:
https…
Just in case other readers infer that your retrospective pointings and cites are not stretched equivalence, here's the lede from the Observer:
Wells Fargo is facing fresh outrage over its latest revelation of harm to customers, after the bank admit…
@bee,
>> isn't sector weighting the very "secret sauce" that make DSENX so special?
well, hmm, I never thought about it that way. Not really sectors, I think. When you do regular auto-churning per valuation criteria in the SP500 space, I gue…
Yours are all niche (sector) endeavors, right?
The article is about broad investing.
You can always find sector good stuff. I sure wish I had been in 4-5 Fido sectors since they came out in the 1980s.
Are there truly any other CAPE-based funds?
yup
one year is about nada, and one year-plus where growth really exploded (compare any of these with CAPE the last 18 months, say) means only that you shoulda bought a namebrand growth fund xmas of '16.
I have made a fair amount on PCI the last couple of months; PTY is insane premium, and PDI is close, imo. Not that the premia can't get crazier.
I don't know what to do after I sell PCI in a while.
(Every time I think of splitting it among FAGIX…
@lB,
That explan was courtesy PKrugman, not me, and not really original with him, though he does indeed have a gift for clear explans.
Wonder if there is a betting pool somewhere about finding the "president" derelict in his sworn duty to uphold …
Wife and I got a new iPh 5S battery per Apple offer and it makes a nice difference at least as to fretting
@Sven, roger re maintenance, but the other thing about cars is they now need so little, or so much less frequently. Wild. Tolerances, man. It…
This too seems wrongheaded to me (not about you, but Cooper, in part, in that blinkered quote about Miele) --- but maybe somewhat less wrong 10y ago?
TVs have dropped in price like a stone, and still they almost never break. People get new or bett…
This could be big, really big; wonder what will happen:
https://www.vox.com/the-big-idea/2017/10/17/16489526/take-care-clause-obamacare-trump-sabotage-aca-illegal-cities-sue
It is altogether true that sex appeal and first-best-most for consumers real and mythical have overcome good engineering and certainly reusable engineering. One gig I did recently that I did not mention was for google's modular cellphone. You actual…
come on. I stay at least on substance. Of course I read the NYer article. I think you are not getting its point, not at all. No personal shots. You have not addressed any of my points about Moore's law (inevitable improvements in power, and what tha…
Wow. As if Moore's law does not exist.
All of your other points are true but quite to the side. Did you think CDs was chiefly this plot to get us to buy our music collections a second or third time? Did you think hi-rez audio (which is bullshit, b…
Sure about ink cartridges, but seriously, is that all you got?
I worked for tech companies for 40y of a widely varied range, CE, security, software, hardware, mil, robotics, med devices, networking, and much more. From wee startups to Bell Labs, fr…
Maybe you did not read to the end of the article, and in any case this is not that, really (designed in from the start).
I rest my case about your unsophistication here. I am pretty surprised, I must say. I find you so savvy and self-correcting in …
Cost-driven product design (plastic parts) is real for sure. I am surprised otherwise that someone so sophisticated about so much would make these unsophisticated claims as a generality. The chief reason for OS and similar upgrades is performance. N…
@VF, I was talking about not only its electrical usage for what you get but its wack transatlantic travels
This
>> You paid good money for something in olden days, then it WAS good. It was built to last. That's how companies made their repu…
Per Dwight's insight, ACA for dummies (Krug):
Explain it in terms of preexisting conditions. Assuming you want to cover those, you need to ban discrimination by insurers. But then you need something to get healthy people to sign up --- like the man…
That GE fridge has a carbon footprint like no other fridge in history.
And ongoing --- a new one will drop her electric bill enormously.
The rest of your points: it depends. Some things are well-made and tightly QCed these days. Audio included. And…
