tombert

14 ms·

301.
by tombert 4mo ago
I used to do something similar with an old Samsung ML-2010 back when I was in college the first time around. I think it was software and not hardware, but for some reason when I had that printer hooked up to my computer and idle for more th
302.
by tombert 4mo ago
Yeah, I guess this entire thread has been an inadvertent exercise in Cunningham's Law, and maybe Dunning Kruger as well. I thought I understood this stuff more than I actually do. Guess I have some stuff to learn over the weekend!
303.
by tombert 4mo ago
The poster was mostly right, and I was mostly wrong, I don't like admitting that but that's just what it is. I updated the skill I wrote to make it so that rebalancing is "buy-only", as in rebalancing will just buy share
304.
by tombert 4mo ago
Too late to edit my comment, but some of the responses here were right; this is a actually a bad idea, at least with the naive way I was describing it. There's a lot more tax stuff that you avoid with ETFs compared to the makeshift th
305.
by tombert 4mo ago
Yeah I was wrong, I actually updated my comment right before you posted your response so I understand why you didn't see it. I was definitely wrong; I misunderstood something about ETFs. ETFs probably are more tax efficient after all,
306.
by tombert 4mo ago
Yeah I just looked it up myself. I was wrong; taxes are definitely more efficient with ETFs. Now this idea is sounding pretty stupid. Damn.
307.
by tombert 4mo ago
Everyone keeps saying this but I'm a little confused; you're still paying the reweighting taxes with QQQ, it's just rolled into the management fees.
308.
by tombert 4mo ago
You pay interest when you short stock. And if we want to talk about "bad financial advice", I think telling people to try and time the market with a short is considerably worse than "buy the same shares that QQQ does".
309.
by tombert 4mo ago
You pay interest on shorting, and it requires trying to time the market, which people are famously bad at doing.
310.
by tombert 4mo ago
IBKR has payment for order flow if you use the Lite service, so it actually wouldn't be $30-40 a month. You still are paying the capital gains taxes with the ETF, they are just rolled into the management fees. You can avoid a lot of th
311.
by tombert 4mo ago
I agree I don't need it, I actually wrote a program to automatically buy and sell stuff years ago using Alpaca [1]. I just found it a bit of a pain in the ass to manage a service to do that automatically, vs thirty seconds of chattin
312.
by tombert 4mo ago
I have enough capital to where I can do everything with the incremental share threshold of Interactive Brokers; as such I don't have to deal with the fees associated with normal direct indexing.
313.
by tombert 4mo ago
I'm doing the same strategy for rebalancing that QQQ does, and I figure that the headache of tax time is a "Tom in 11 months from now"'s problem :) Some tax software nowadays will allow you to simply upload the tax docum
314.
by tombert 4mo ago
Yeah, actually I think I was getting confused on some of the terminology. It looks like you're right. Still, as you said, just mimicking regular QQQ is achievable.
315.
by tombert 4mo ago
I did that first actually. I don't let it buy anything without confirming, and I will load the CSV into Google Sheets to make sure that the numbers more or less correspond to what I think they will. It's just easier to directly us
316.
by tombert 4mo ago
I mean, even still, my point stays the same; if you have access to their strategies, I don't see why you can't just get the MCP to directly mimic that.
317.
by tombert 4mo ago
If you're asking about the average person, no. I am in the "false confidence" stage of Dunning Kruger Syndrome for finance stuff, so I personally would do swap agreements, but I'm not an average case.
318.
by tombert 4mo ago
Even given that, I don't see any reason I couldn't also just mimic what QQQ does with the MCP.
319.
by tombert 4mo ago
I use the Interactive Brokers MCP pretty heavily. I don't do any cool automatic fun "trading", but instead I use it to have "pseudo-QQQ". I didn't like the relatively high fees for QQQ, and I realized that Inve
320.
by tombert 4mo ago
Isn't this literally how GANNs are trained?
321.
by tombert 4mo ago
You’re absolutely right! It can be frustrating talking to an AI—especially when you’re expecting a human. Let’s try again, this time I’ll make sure to be a person :rocket: In all seriousness, I agree. It’s getting to this depressing point
322.
by tombert 4mo ago
I don’t want to say the bank’s name, but let’s give the pseudonym of “Morgan” to the first, and “Stan” for the second.
323.
by tombert 5mo ago
Donald Trump made a fake school where he was telling single moms to max out their credit cards so that they could eventually take a photo in front of a cardboard cutout. This would be for like $5-10 grand Single moms historically don't
324.
by tombert 5mo ago
Not the OP, but having been in many similar interviews, I feel like it's an easy trap to fall into, especially if you've not developed a good bit of curmudgeonly cynicism. At least when I've done these interviews, they will b
325.
by tombert 5mo ago
I have a two way tie for the worst interviews I've ever had, for very different reasons. First, in 2023 I interviewed for a startup as a lead architect. They had me do some virtual whiteboard stuff, and so I was drawing rectangles and
326.
by tombert 5mo ago
I feel like you're trying to paint me as some Luddite, like I'm against using AI, or that I don't know about it. I know how to use AI just fine. I use Claude all the time. I'm not opposed to asking it, and in fact I had
327.
by tombert 5mo ago
Yeah, but I find that particularly with laptops, even with LTS releases, there's almost always something you need to fix. For example, there's a weird quirk with my laptop that if I am using a USB keyboard and stop typing for mo
328.
by tombert 5mo ago
It actually won't have "had" any experiences though. Yes, it can aggregate stuff from blog posts and reviews and marketing material. That's hardly the same thing.
329.
by tombert 5mo ago
I've only been running NixOS (in any serious capacity) for three years, but I have installed it on every computer that I am allowed to install it on now. It has been the most headache-free Linux I've used, simply because I'm
330.
by tombert 5mo ago
I'm not entirely sure what your point is here; me asking for humans to give an opinion does not preclude me from also asking AI.

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