CorpRaider

It was down for me too.

Pretty sure Bogle hates ETFs. Not sure Buffett knows what one is...I kid, but really he has only talked about index funds not in an ETF wrapper, but I don't see how that will make any impact in the crash.

I will, I will. Coming up on a decade of beat down for some of them.

Something that is passive in that the investor thinks it represents a good statistical estimate/sample of the performance of the asset so that they don't have the opportunity for a performance gap by piling into the active strategy when it outperforms and bailing out when it lags (they just pile in and out of the asset class but have 1/2 as many temptations). They accept their plebeian fate and increase their chance of actually receiving patrician returns....om

Sorry the discussion of leverage made a synapse or two fire. One of you guys take over one of the small, shitty CEFs and invest in like VBR or VOE with 1.2i-sh leverage via preferred. Crush it for a decade (or until you get the multiple on par with that pimco levered index CEF) and do a yuge secondary.

Meb faber and those the investor's podcast guys are good sometimes. Sometimes you just listen to PP talk about how they are fundamental investors and then just talk about macro speculation and ray dalio the whole time.

MIB has some good interviews. But I must admit I've probably not listened in half a year. I think I got annoyed that I couldn't find it on stitcher and had to use the bloomber radio app. He does sometimes talk waaay too much. Kind of cringeworthy when he's beating Asness or Arnott about the head with that T3 law degree. ;D

thanks for the tips. Did you make the cut? Yeah I actually did get an allocation (just 2) but I'm trying to cancel because I actually got tickets through another channel too. This happened to me at the SEC championship cam-fest a few years back as well, but I got out of one set of tickets. Airfares are kind of ridiculous from Raleigh. I can fly to Europe for only slightly more...too many tarheels and gamecocks around, I suppose.

CCL, from 8 years old; held for like uh 30 years. I think it was maybe a 6 bagger.

I have a buddy who is a Villanova guy and he said tickets were not a hard get last year (and they had UNC and UK in the final four so it wasn't like it was small fanbases who don't travel). Primesport is a good site to check too, I think its the official NCAA marketplace and the fees might be lower.

Put in my request through the GCC!

Just saying, half the posts on the VRX threads and SHLD are about whether it is a zero. Markel probably has no where near the number of posts but is much more reflective of a consensus long. I just question whether selecting based on post count reflects positivity about investment outcome. I would be more interested in seeing figures for all posts, but really I'm not that interested. I definitely continually assert that VOE, RPV, VBR, etc... are likely to kick most of our asses over the long term.

In fairness, I would note that the last decade is one of the few in the history of (at least us returns) the stock market where value underperformed. Not sure what his benchmark should be but portfolio visualizer shows a (.16) cagr over the period from 01/01/2007 - 02/28/2017 for international developed ex-us value stocks.

Looks like Trump reflation trade made be petering out by the end of the week.

Yeah, I used to whoop Mr. Icahn's butt on this regularly back in maybe the 90's or early aughts. Biotech or athleisure consolidation was usually my game. Pretty sure I took nike over with new balance once or twice.

A chauffer?

Frequency of posts might not always imply enthusiasm. In many of those cases it reflects debate and controversy. I think that is the case with many if not most of those posts. Some of the "compounders" have posts but there is not controversy about how to express the investment, for example, as was the case with BAC-WTA. Most of that thread is theoretical discussion about how to express the bet and why.

The Munger thing was a risk arb, I believe, back when no one did that and the returns were fat and easy.

Yeah, seems like you guys have all the signs. Maybe they are quasi-state entities such that you can end up with a nice Japan type slow leak over a decade versus a "pop".

I see a repeat to the north.

VBR or VOE.

;D No shame man.

Good stuff. Returns on capital even.

A measure of my allotted time upon the earth.

Maybe.