hnnewguy

37 ms·

241.
by hnnewguy 12y ago
Why do people downvote questions?
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by hnnewguy 12y ago
> So what he's describing, beating the S&P 500 by a bit over that period, isn't implausible. Certainly not. I suppose I take issue with having been able to do so for "decades", via only large-cap stocks. That&#x
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by hnnewguy 12y ago
> you do know that bond prices and the bank rate are linked bank rate goes up bond prices go down Yes, that is true. But how is the bond price relevant, from the Fed's perspective, if they aren't selling the bonds?
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by hnnewguy 12y ago
> it among 5 stocks that went to 4X, 3X, 3X, 0X and 0X What stocks?
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by hnnewguy 12y ago
> I have done so consistently for the past decade. We need a rule in financial threads that you can't boast about your investment results unless you're willing to prove it. > Or you can try an ETF linear combination Oh, br
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by hnnewguy 12y ago
> hold enron to the bitter end. Holding Enron in a portfolio consisting of hundreds of securities will have little impact on the overall portfolio returns. That's the whole point of diversification.
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by hnnewguy 12y ago
> I invest with them in some of their index funds and pay no more than 0.4% in fees The fees for VTI, which is Vanguard's Total Stock Market Fund is 0.05%. On top of that, in Canada, most brokers will allow you to buy ETFs in a R
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by hnnewguy 12y ago
> I invested some of that money to the stock market in late 2007. Not all, fortunately. Why? The inflation adjusted CAGR of the S&P from Jan 1, 2007 to Jan 1, 2014 was almost 4%.
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by hnnewguy 12y ago
So, you're investing only in large cap stocks, while spending as little time as possible doing analysis, and over decades have consistently surpassed the S&P returns, with low risk and low volatility? Forgive me if I don't bel
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by hnnewguy 12y ago
QE doesn't need to be unwound; bonds can roll off into cash.
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by hnnewguy 12y ago
> Why does all of you seem to hate Krugman? I don't. I have much respect for the man. But his NYT writings can sometimes lean towards what might be described as "left-wing blowhardism".
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by hnnewguy 12y ago
> Generally, they will cause extreme anxiety in those who are naturally prone to it, possibly to the breaking point Generally? No. I've taken and been around people who have taken mushrooms for over 15 years. I still dabble on oc
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by hnnewguy 12y ago
> and I hate Krugman! I try to separate academic Krugman from New York Times Krugman. It helps.
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by hnnewguy 12y ago
As an economics undergraduate, Paul Krugman's paper on The Theory of Interstellar Trade was a must read, exclusively for its light-heartedness: https://www.princeton.edu/~pkrugman/interstellar.pdf (12 pages, qui
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by hnnewguy 12y ago
> No he will not and cannot. Your bar is very high. I hope you practice what you preach. Personally, I think Bill Gates has been a net positive for the world.
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by hnnewguy 12y ago
> You could make the case that Freeway Rick Ross is a really nice guy Good point. Is he "mean" or not? More curiously, is he "successful" or not?
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by hnnewguy 12y ago
> I can't help but think he deliberately held the internet back for 6 or 7 years for his own profit. First, the degree to which he "held back" the internet, when contrasted with what Microsoft did positively for home comp
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by hnnewguy 12y ago
> There's also a tendency for people to think they're good people and not realize how they're being mean. Criminals are good at this. "Criminals" are also good at being mistaken as mean people when they are real
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by hnnewguy 12y ago
> Maybe a more accurate title would be "Mean People Fail in Silicon Valley" Silicon Valley has the same proportion of mean, nasty, ugly people as anywhere else in the world. And some of these people are successful, just like
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by hnnewguy 12y ago
> How do I learn that? I had (have?) the same issue. Maybe it's something that experienced programmers take for granted; there is a huge disconnect between writing code and developing software. I've asked the same question,
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by hnnewguy 12y ago
> I just wish the media didn't make this an "us" vs. "them" situation. This approach is so destructive: it improves the situation for nobody but only fuels class hate. I agree. And yet, this place is set aflame
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by hnnewguy 12y ago
> Co-founding PayPal and then following up with Tesla and SpaceX aren't too shabby He didn't co-found Paypal, and was an early investor in Tesla, not a founder. He did found SpaceX. This isn't to take away from his accom
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by hnnewguy 12y ago
> TLDR: take it apart and put it on a plane Yeah, I'm not sure why it's a surprise to anybody that you can load anything on a plane and get it anywhere in the world as fast as that plane can fly. What's with all the
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by hnnewguy 12y ago
Well, this is merely a hobby interest to me, and it's a been a while since I read ' Dark Pools ' but: it's less "using information" to front-run, and more "taking advantage of computational glitches"
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by hnnewguy 12y ago
> front-running usually involves an agency problem Historically, in the HFT world, it also involved getting ahead of big orders in the order book by taking advantage of how orders are systematically queued or prioritized.
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by hnnewguy 12y ago
> That statement is far more reasonable than 'It's literally impossible for Japan to default on their debts', which is false. This is slightly pedantic. The argument was about whether incurring ever-greater amounts of de
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by hnnewguy 12y ago
>there exists inflation adjusted debt Because they decided to issue it, mainly to instill confidence in a currency with a history of big inflation. But this isn't the norm. It doesn't change the argument that it is impossibl
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by hnnewguy 12y ago
> That's purely multiple expansion, not earnings growth. Where do you see "multiple expansion" and "no earnings growth"? MSFT: Year ~P/E EPS 2010 20.24 $2.10 2011 12.09 $2.69 2012 9.70
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by hnnewguy 12y ago
>False. I think you're both right. When you can print your own currency it is literally impossible to default on your debts, unless you choose to. Often times defaulting has benefits to the debtor, like the Russians escaping from
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by hnnewguy 12y ago
> We ordinary people clearly don't benefit from inflation, but who does? How are us ordinary people benefiting when our wages fall and our debts become more onerous, both products of a deflation?

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