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The 10 Most Recent Messages By mungofitch

Take me back to where I was.
  • Date: 5/29/15 5:54 PM
  • Number: 217155
  • Recommendations: 1
So, your idea of the worst is much higher than the actual worst, and actually a little above typical.

Oops, hit "submit" a bit fast.
I misread part of your post, and I see that you mentioned a final estimate around 3%
(Continued...)
  • Date: 5/29/15 5:35 PM
  • Number: 217154
  • Recommendations: 0
one should not expect a monkey starting today with a dartboard to manage the historically typical after-inflation 6.5%/year including dividends
...
I believe the worst 50-year return of the S&P was around 7%.


Might need
(Continued...)
  • Date: 5/29/15 3:09 PM
  • Number: 217152
  • Recommendations: 7
Buffett was recently asked this question, probably on CNBC.
He said that if interest rates stay very low for an extended time, in
retrospect the market will look cheap now. If interest rates rise
quickly and rapidly, in retrospect

(Continued...)
  • Date: 5/29/15 12:34 PM
  • Number: 217145
  • Recommendations: 4
Who has learned the hard way that he is unable to accurately forecast very much and has
settled on the next best alternative which is averaging into good businesses and holding on for the long haul.


Absolutely true.
The
(Continued...)
  • Date: 5/29/15 12:23 PM
  • Number: 217144
  • Recommendations: 12
Now that I think about it, there are several similarities between Charlie and GHU.
About the same age, if I'm not mistaken, and both famously unafraid to be contrarian.
Utterly immune to group think.
Demonstrated ability to stick with
(Continued...)
  • Date: 5/29/15 9:36 AM
  • Number: 256644
  • Recommendations: 2
You mentioned that you don't want to use two-factor authentication since you would have to give them your phone number.
What about using a "burner", throw away phone, which is a prepaid phone which comes with a new phone

(Continued...)
  • Date: 5/28/15 6:40 PM
  • Number: 256640
  • Recommendations: 1
It's sure easier when you're a Luddite like me. No smartphone, just the
old flip-style (and mostly it's turned off and in my glove compartment).
Have never done a tweet and have sent perhaps 3 texts in my life since
it's a pain in

(Continued...)
  • Date: 5/28/15 2:39 PM
  • Number: 256637
  • Recommendations: 4
Thanks, all, for the comments.

But what you might try, in case there is a hidden software keylogger or other malicious
software on your machine, is to get a copy of Ubuntu Linux on a thumb drive...


I'm pretty sure that
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  • Date: 5/28/15 10:38 AM
  • Number: 256627
  • Recommendations: 8
I have a twitter account.
Interesting thing recently...it has been hacked.
No big deal, I basically don't use it, it's just a placeholder.
Since I don't use it, the password was easily guessable. I figured what the heck, there's nothing
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  • Date: 5/27/15 2:27 PM
  • Number: 217123
  • Recommendations: 2
Nice article...excellent precis of the underlying research.

Anecdotally, a friend of my was boss of a small public firm for many years, listed both on Nasdaq and in Toronto.
Even five years ago he estimated the annual costs to be around
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Take me back to where I was.
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