Jack Jones wrote: ↑Thu Dec 05, 2024 3:59 am My take is that I can take part in the AI craze by just buying TSM.

+1
I have some VGT too. Vanguard’s infotech etf (Mutual fund version is VITAX)

Congrats, man

Ah, that's good. Much better

This was the first time I ever heard his voice.

I labeled the 3 portfolios in the chart
https://www.portfoliovisualizer.com/bac ... Sxemi1xaoj

I read through this text. How in God's name is a fund that holds everything supposed to cross into undiversified territory?

I see there's a BHeads thread on it. Words of wisdom from nisiprius, as always.

Don't get your meat where you earn your bread. Hmm, that's a new one for me. Interesting. I heard something on 'Sopranos' which I think is very similar, but it's not really family-friendly enough to post. O0 - - - I just got a new PC. I am one of those rare birds that bought a PC after having Mac f...

Michael Saylor will be a guest on Fox Business today, 2:00PM EST, Charles Payne’s show.

I often don’t know exactly what’s going on in a boglerdude post, but I can almost always pick them out without looking at your profile.

I won’t quibble- let’s say I’m running out of steam O0 but I don’t think of younger generations as captives of the past. They make their own language. When expressions stop serving us, they do often die out. People have mostly stopped saying, “You belong in a straitjacket,” because the object isn’t ...

There must be countless examples of this- “even a broken clock is right twice a day” Most people use digital, and a fair subset of those are used to self-correcting cable boxes, computers and cellphones and not much else for telling time. “Just under the wire” “burning the candle at both ends” or “~...

from the main bitcoin thread; Don't mean to sound like a broken record , but I really recommend those Michael Saylor podcasts/interviews/speeches. He's the best statesman for Bitcoin in the whole world IMO. "Don't mean to sound like a broken record" When will that cliche ever be updated / ...

So three turkeys pardoned this year?

Smith1776 wrote: ↑Sun Dec 01, 2024 8:06 pm I have no idea whether the plan for a Strategic Bitcoin Reserve will pass, but I am hopeful.

Adam Back says that if it passes then be ready for 7-figure Bitcoin during this market cycle.

Beginning with a decimal point?

Kevin K. wrote: ↑Sun Dec 01, 2024 5:16 pm But then again.....

https://prospect.org/power/2024-11-26-c ... -reserves/

oh my

I don't know if Warren Buffett's choices for Berkshire offer anything actionable for individual investors. … He's always believed on having ample cash on hand to be able to take advantage of buying opportunities. … Looking at the context of the whole post, I thought stpeter was talking about advice...

Ooh, good word Ocho
https://en.wikipedia.org/wiki/Kompromat

Was just reading in Foreign Affairs about how the US should deal with China, Russia, Iran etc now, but it’s beyond the scoope of this old thread.

boglerdude wrote: ↑Sun Dec 01, 2024 2:09 am But because the Fed doesnt offer savers a real return on bonds, it is possible for too many people to blindly throw all their savings into VTSMX

Hey now. When Pointed Stick put everything into equities, I doubt it was done blindly

I think what we're all trying to figure out is: have there been secular changes in the investment picture such that (some of) Harry Browne's insights and conclusions no longer apply? Anyone here have experience in seances? ;) I’m sure someone’s hard at work on an AI Harry Browne. He is not to be tr...

Hi Hank
who was also in X-files

It says Houston in the quoted post.

(1) If the interest were 5% or higher, I would do the opposite of what I wrote earlier, feeling comfortable “sticking my wife with them.” CraigR had enough to live off the the interest. I don’t, but the wife could do worse than collecting 5% on a bunch of treasuries for years to come. (Alternativel...

Actually I think a smaller allocation to LTT's makes perfect sense. Monetary policy expert Cullen Roche (Discipline Funds) made this point when we were corresponding about the PP and GB: "I've always liked "lazy portfolios", but the problem there is they don't always bucket allocatio...

As William Bernstein and others have pointed out, the four economic scenarios Browne was concerned about are not even close to being equally likely to occur, … I mean I get the appeal of equal weighting in terms of simplicity and rebalancing but IMHO it makes no sense otherwise. … It’s an agnostic ...