Gyroscopic Investing

WiseOne wrote: ↑Sat Jul 04, 2020 8:36 am ...
Subarus, which have a reputation for frequent breakdowns last I was aware - is that still the case? They are described as being on the costly side for repairs on repairman.com.

autorepaircompare.com?

repairpal?

I've posted many times in the forum that Browne wrote (somewhere) that the highest target allocation for any of the four assets should be 35% and 20% correspondingly on the low end. However, it's been such a long time since I've seen or read it that I was starting to think I just imagined it. Well, for posterity, I found it again lol!

Seen today at my local bullion dealer. Apparently I can get a new dong for pretty cheap!

Smith1776 wrote: ↑Mon Jul 06, 2020 8:48 pm Seen today at my local bullion dealer. Apparently I can get a new dong for pretty cheap!

Are you suggesting that's what's been holding your dating life back?

drumminj wrote: ↑Mon Jul 06, 2020 9:34 pm

Smith1776 wrote: ↑Mon Jul 06, 2020 8:48 pm Seen today at my local bullion dealer. Apparently I can get a new dong for pretty cheap!

Are you suggesting that's what's been holding your dating life back?

Why else do you think I was looking up prices???

I wonder if the price scales with length. Or maybe it’s circumference.

I converted a friend over to the PP earlier today and helped them through their initial setup and purchase of the 4 asset classes. I set her up with a more or less vanilla PP rather than one of my convoluted Goldsmith PP variations.

The only deviation from the canonical strategy was her insistence on investing in an ESG stock fund rather than the total market. All told, she invested a fairly significant chunk of her net worth -- some $26,000.

In other news, don't watch the movie The Nun that just became available on Netflix. It's part of the series called The Conjuring, which I am a huge fan of. This one was a massive letdown though.

Under house-arrest for another 6 weeks - Bugger

https://www.macrobusiness.com.au/2020/0 ... melbourne/

https://www.youtube.com/watch?v=CPYmtEQiG18

Hal wrote: ↑Tue Jul 07, 2020 2:42 am Under house-arrest for another 6 weeks - Bugger

https://www.macrobusiness.com.au/2020/0 ... melbourne/

https://www.youtube.com/watch?v=CPYmtEQiG18

Were those ads actually banned?

Smith1776 wrote: ↑Tue Jul 07, 2020 2:47 am

Hal wrote: ↑Tue Jul 07, 2020 2:42 am Under house-arrest for another 6 weeks - Bugger

https://www.macrobusiness.com.au/2020/0 ... melbourne/

https://www.youtube.com/watch?v=CPYmtEQiG18

Were those ads actually banned?

They were aired in Australia but they wanted to ban them in New Zealand....
Don't know if they did in the end

After more than three years of membership on this forum I still can’t shake the regret of not naming myself either “SmallTex” or “LargeTex”.

MangoMan wrote: ↑Tue Jul 07, 2020 6:58 am

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

Smith1776 wrote: ↑Tue Jul 07, 2020 6:54 am After more than three years of membership on this forum I still can’t shake the regret of not naming myself either “Small Tex” or “Large Tex”.

Size doesn't matter dontcha know.

You do seem rather obsessed with this issue.....

Better make it LargeTex so that everyone knows!! LOL.

Smith1776 wrote: ↑Tue Jul 07, 2020 7:00 am

MangoMan wrote: ↑Tue Jul 07, 2020 6:58 am

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

Smith1776 wrote: ↑Tue Jul 07, 2020 6:54 am After more than three years of membership on this forum I still can’t shake the regret of not naming myself either “Small Tex” or “Large Tex”.

Size doesn't matter dontcha know.

You do seem rather obsessed with this issue.....

Better make it LargeTex so that everyone knows!! LOL.

A big Donga is very important in Australia.

Quote: "My dearly beloved loves a big donga. She said I could have a big donga. So that's what we've got," he said.

https://www.abc.net.au/news/2016-12-24/ ... ty/8141834

Smith1776 wrote: ↑Tue Jul 07, 2020 2:37 am I converted a friend over to the PP earlier today and helped them through their initial setup and purchase of the 4 asset classes. I set her up with a more or less vanilla PP rather than one of my convoluted Goldsmith PP variations.

The only deviation from the canonical strategy was her insistence on investing in an ESG stock fund rather than the total market. All told, she invested a fairly significant chunk of her net worth -- some $26,000.

In other news, don't watch the movie The Nun that just became available on Netflix. It's part of the series called The Conjuring, which I am a huge fan of. This one was a massive letdown though.

Congratulations on your PP conversion! I'm sure she will be less agitated from watching the news.

Libertarian666 wrote: ↑Tue Jul 07, 2020 9:36 am Congratulations on your PP conversion! I'm sure she will be less agitated from watching the news.

Yeah, as blue_ruin would put it, I'm hoping she can now experience a certain amount of equanimity in regards to her investments.

Unfortunately, in her previous investing/speculation adventures she lost quite a bit of cash through cryptocurrency scams.

Smith1776 wrote: ↑Tue Jul 07, 2020 6:22 pm

Libertarian666 wrote: ↑Tue Jul 07, 2020 9:36 am Congratulations on your PP conversion! I'm sure she will be less agitated from watching the news.

Yeah, as blue_ruin would put it, I'm hoping she can now experience a certain amount of equanimity in regards to her investments.

Unfortunately, in her previous investing/speculation adventures she lost quite a bit of cash through cryptocurrency scams.

But I thought Bitcoin was the new gold?

"Big Tex?" "LittleTex?"

"Is nothing sacred?" A moustache on the Mona Lisa would be less scandalous!

bedraggled wrote: ↑Tue Jul 07, 2020 7:12 pm "Big Tex?" "LittleTex?"

"Is nothing sacred?" A moustache on the Mona Lisa would be less scandalous!

We're taking about Jordan Peterson in that other thread, and he's all about hierarchies. So how about this?

BigTex == Harry Browne
MediumTex == MediumTex
LittleTex == some lowly regular forum member like myself

Smith1776 wrote: ↑Tue Jul 07, 2020 7:29 pm

bedraggled wrote: ↑Tue Jul 07, 2020 7:12 pm "Big Tex?" "LittleTex?"

"Is nothing sacred?" A moustache on the Mona Lisa would be less scandalous!

We're taking about Jordan Peterson in that other thread, and he's all about hierarchies. So how about this?

BigTex == Harry Browne
MediumTex == MediumTex
LittleTex == some lowly regular forum member like myself

Seems right to me!

Vinny

yankees60 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

yankees60 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.