Gyroscopic Investing

vnatale wrote: ↑Tue Jul 07, 2020 7:34 pm
Seems right to me!

Vinny

We're ALL LittleTexs at heart on this forum.

Smith1776 wrote: ↑Tue Jul 07, 2020 7:40 pm

vnatale wrote: ↑Tue Jul 07, 2020 7:34 pm
Seems right to me!

Vinny

We're ALL LittleTexs at heart on this forum.

That's why we found this place and, if we so desire, stay here. Not, though, in a "Hotel California" way!

Vinny

Smith1776 wrote: ↑Mon Jul 06, 2020 9:50 pm I wonder if the price scales with length. Or maybe it’s circumference.

I guess you'll have to use a traditional balance to test for phonies. No ring test for that, i.e. no ding from a dong.

dualstow wrote: ↑Wed Jul 08, 2020 12:38 pm I guess you'll have to use a traditional balance to test for phonies. No ring test for that, i.e. no ding from a dong.

Unless you’re this guy.

Right! Forgot about him.

My latest crop of books have all arrived. The typeface of the paperback version of A Random Walk Down Wall Street is crooked. Especially all the pages on the left side when the book is open. I have a paperback version of the 10th edition that I bought way back when, so I decided to take a look at it. That one had the same crooked print as well. Hmph.

Larry Swedroe's factor book is incredibly informative and super dense -- packed with more academic sources than I think I've ever seen in an investing book so slim. I'm already half way through it. I was a factor advocate before, but I lean even more strongly in that direction now.

The Edgar Lawrence Smith book on the left is by far the oldest of the trio. It lays out the first formalized case as to why and how stocks have this compounding effect that dwarfs that of bonds. Good stuff if you're into investment history.

Smith1776 wrote: ↑Thu Jul 09, 2020 5:57 am My latest crop of books have all arrived. The typeface of the paperback version of A Random Walk Down Wall Street is crooked. Especially all the pages on the left side when the book is open. I have a paperback version of the 10th edition that I bought way back when, so I decided to take a look at it. That one had the same crooked print as well. Hmph.

Larry Swedroe's factor book is incredibly informative and super dense -- packed with more academic sources than I think I've ever seen in an investing book so slim. I'm already half way through it. I was a factor advocate before, but I lean even more strongly in that direction now.

The Edgar Lawrence Smith book on the left is by far the oldest of the trio. It lays out the first formalized case as to why and how stocks have this compounding effect that dwarfs that of bonds. Good stuff if you're into investment history.


image0.jpeg

I actually don't have a will. But when I finally get to doing one, I think I've just determined who is going to get ALL my personal finance books! There are fairly inexpensive "media mail" rates within the United States. Hope that it also extends to Canada!

Vinny

MangoMan wrote: ↑Thu Jul 09, 2020 11:30 am

vnatale wrote: ↑Thu Jul 09, 2020 8:52 am

Smith1776 wrote: ↑Thu Jul 09, 2020 5:57 am My latest crop of books have all arrived. The typeface of the paperback version of A Random Walk Down Wall Street is crooked. Especially all the pages on the left side when the book is open. I have a paperback version of the 10th edition that I bought way back when, so I decided to take a look at it. That one had the same crooked print as well. Hmph.

Larry Swedroe's factor book is incredibly informative and super dense -- packed with more academic sources than I think I've ever seen in an investing book so slim. I'm already half way through it. I was a factor advocate before, but I lean even more strongly in that direction now.

The Edgar Lawrence Smith book on the left is by far the oldest of the trio. It lays out the first formalized case as to why and how stocks have this compounding effect that dwarfs that of bonds. Good stuff if you're into investment history.


image0.jpeg

I actually don't have a will. But when I finally get to doing one, I think I've just determined who is going to get ALL my personal finance books! There are fairly inexpensive "media mail" rates within the United States. Hope that it also extends to Canada!

Vinny

I will be happy to send my contact info if you need a beneficiary.

ALL my retirement accounts have beneficiaries so that is taken care of. It's all else outside of my retirement plans.

Vinny

Will the cats get along with the pugs? And don't you have a bunch of other critters? Pugchief may need a bigger place.

bedraggled wrote: ↑Thu Jul 09, 2020 2:40 pm Will the cats get along with the pugs? And don't you have a bunch of other critters? Pugchief may need a bigger place.

Good questions! 3 cats, 9 gerbils, 3 rats. They would obviously have to stay locally, though, I hope I at least outlast the last 2 groups. The cats are either only 4 years old or 2 years so there IS a fair possibility they outlast me, particularly due the way they live.

Vinny

Start sending some of the smaller animals to Illinois this week!?!?!?

Then again, considering your diet, health regimen, you'll outlive us all!

So, never mind.

vnatale wrote: ↑Thu Jul 09, 2020 8:52 am
I actually don't have a will. But when I finally get to doing one, I think I've just determined who is going to get ALL my personal finance books! There are fairly inexpensive "media mail" rates within the United States. Hope that it also extends to Canada!

Vinny

I really appreciate the sentiment, but the day I see those books would be a sad day. I hope I never have to see them, my friend!

Smith1776 wrote: ↑Thu Jul 09, 2020 5:25 pm

vnatale wrote: ↑Thu Jul 09, 2020 8:52 am
I actually don't have a will. But when I finally get to doing one, I think I've just determined who is going to get ALL my personal finance books! There are fairly inexpensive "media mail" rates within the United States. Hope that it also extends to Canada!

Vinny

I really appreciate the sentiment, but the day I see those books would be a sad day. I hope I never have to see them, my friend!

I did not think of that part of it! So, thanks for the sentiments. But it will come down to that SOME day and at this point you are head and shoulders above any other person who should get them.

Vinny

vnatale wrote: ↑Thu Jul 09, 2020 5:32 pm
I did not think of that part of it! So, thanks for the sentiments. But it will come down to that SOME day and at this point you are head and shoulders above any other person who should get them.

Vinny

I am incredibly appreciative.

I am also currently reflecting on how my ability to connect with people online seems to be better than my ability connect with people in real life.

Smith1776 wrote: ↑Thu Jul 09, 2020 5:37 pm

vnatale wrote: ↑Thu Jul 09, 2020 5:32 pm
I did not think of that part of it! So, thanks for the sentiments. But it will come down to that SOME day and at this point you are head and shoulders above any other person who should get them.

Vinny

I am incredibly appreciative.

I am also currently reflecting on how my ability to connect with people online seems to be better than my ability connect with people in real life.

Multiply that by 10 and that's me! Or, at least I have an extremely low need to connect with people in person that much but would much miss all the contact I have with people here and via email and Facebook. All my communications taking place via these fingers! And, most importantly, ALL under my control as to when I want to engage in those communications.

Vinny

vnatale wrote: ↑Thu Jul 09, 2020 5:53 pm
Multiply that by 10 and that's me! Or, at least I have an extremely low need to connect with people in person that much but would much miss all the contact I have with people here and via email and Facebook. All my communications taking place via these fingers! And, most importantly, ALL under my control as to when I want to engage in those communications.

Vinny

Great minds think alike. We are definitely a bunch meant to get along.

I am hereby declaring that the gyro is the official food of this forum.


Remember, this is in addition to "National Treasure" being our official forum movie.

That is all.

Not bad! While we’re on the topic of official forum foods, movies, etc. — Long ago in this forum’s prehistory, I posted about how James Bond is a metaphor of the PP:

viewtopic.php?p=15969

Plus one on the gyro, and 007.

But when you need triple action relief...

While we are on the James Bond theme...
https://actuary-info.blogspot.com/2011/ ... escue.html

and plenty of Greek food (gyros) down here...
"the largest Greek population of any city in the world outside of Greece."
https://en.wikipedia.org/wiki/Greek_com ... _Melbourne

PS: Mark, so Goldbond is 0.15% Menthol and 99.85% Gold Dust

Hal wrote: ↑Fri Jul 10, 2020 6:45 am While we are on the James Bond theme...
https://actuary-info.blogspot.com/2011/ ... escue.html

It's good to see actuaries discussing gold intelligently.

Hal wrote: ↑Fri Jul 10, 2020 6:45 am "the largest Greek population of any city in the world outside of Greece."

I forget what they’re called: do you eat those Aussie meat pies that Ben Mendelsohn loves to scarf down when he’s in his home country?

Anyone need some flashback levity to maintain sanity? Enjoy! Short quiz at the end.


(On September 17, 1994, Alabama's Heather Whitestone was selected as Miss America 1995.)

Question: If you could live forever, would you and why?

Answer: "I would not live forever, because we should not live forever, because if we were supposed to live forever, then we would live forever, but we cannot live forever, which is why I would not live forever,"

--Miss Alabama in the 1994 Miss USA contest.

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"Whenever I watch TV and see those poor starving kids all over the world, I can't help but cry. I mean I'd love to be skinny like that, but not with all those flies and death and stuff."

--Mariah Carey

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"Smoking kills. If you're killed, you've lost a very important part of your life,"

-- Brooke Shields, during an interview to become spokesperson for federal anti-smoking campaign

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"I've never had major knee surgery on any other part of my body,"

--Winston Bennett, University of Kentucky basketball forward.

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"Outside of the killings, Washington has one of the lowest crime rates in the country,"

--Mayor Marion Barry, Washington , DC . ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,,,,,,,,,,,,,


"That lowdown scoundrel deserves to be kicked to death by a jackass, and I'm just the one to do it,"

--A congressional candidate in Texas ..

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"Half this game is ninety percent mental."

--Philadelphia Phillies manager, Danny Ozark

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"It isn't pollution that's harming the environment. It's the impurities in our air and water that are doing it.."

--Al Gore, Vice President

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"I love California . I practically grew up in Phoenix .."

-- Dan Quayle

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"We've got to pause and ask ourselves: How much clean air do we need?"

--Lee Iacocca

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"The word "genius" isn't applicable in football. A genius is a guy like Norman Einstein."

--Joe Theisman, NFL football quarterback & sports analyst.

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"We don't necessarily discriminate. We simply exclude certain types of people."

-- Colonel Gerald Wellman, ROTC Instructor.

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"Your food stamps will be stopped effective March 2020 because we received notice that you passed away. May God bless you. You may reapply if there is a change in your circumstances."

--Department of Social Services, Greenville , South Carolina

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"Traditionally, most of Australia 's imports come from overseas."

--Keppel Enderbery

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"If somebody has a bad heart, they can plug this jack in at night as they go to bed and it will monitor their heart throughout the night. And the next morning, when they wake up dead, there'll be a record."

-- Mark S. Fowler, FCC Chairman

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Feeling smarter yet?

Okay, so far in terms of official forum "stuff".

• Books: Craig & Tex's book, Browne's books, blue_ruin's book
• Movies: James Bond, National Treasure movies
• Food: Gyros
• Topical Relief: Gold Bond powder

I'll be sure to keep expanding this list lol.

dualstow wrote: ↑Fri Jul 10, 2020 10:51 am

Hal wrote: ↑Fri Jul 10, 2020 6:45 am "the largest Greek population of any city in the world outside of Greece."

I forget what they’re called: do you eat those Aussie meat pies that Ben Mendelsohn loves to scarf down when he’s in his home country?

https://www.dailymail.co.uk/tvshowbiz/a ... ydney.html

Mass produced ones I wouldn't touch with a bargepole, but the ones made by small bakeries are really good.
Also have cornish pasties down here. https://en.wikipedia.org/wiki/Pasty