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LewisBraham
Hi Hank,
Your satire came across very well. Don't worry about the user name.
Best,
Lewis
@LLJB
There is an illustration of what you seek on page 11 of the report:
asyousow.org/wp-content/uploads/report/The-100-Most-Overpaid-CEOs-2017.pdf
The bar chart is called: "FIGURE 4 – MOST OVERPAID CEOS UNDER-DELIVER FOR SHAREHOLDRs"
@Mark. I'm just trying to figure out what influences those votes or do they just not care.
Let's say you're running one of the biggest fund shops on earth, and you have the opportunity to run General Electric's 401k plan and collect millions of dol…
This is the full report: asyousow.org/wp-content/uploads/report/The-100-Most-Overpaid-CEOs-2017.pdf
Once again at big firms DFA comes out on top as voting against these kinds of pay packages while BlackRock, Vanguard and Fidelity are at the bottom,…
For a married couple the estate tax doesn't kick in on a federal level until about $10 million, $5 million per parent. Individual states may have their own estate tax though that could be at a lower level. Moreover, there is talk about eliminating t…
@hank Well, since Maurice's avatar for this site is a portrait of Trump beside an American flag, would he then therefore be banned from participation as every one of his comments has an image of the Donald next to it? Or what about references to the…
I think some of the member cited examples on how ruthless moderation might work are precisely the reasons it shouldn't exist. It should be acknowledged that limiting discussions to how to make the most money off of X fund or Y stock is actually emb…
I'll repeat: people on this board tend to say a post is "too political" when it is political belief they personally disagree with. When the political point is something they approve of, they either say nothing or voice their agreement. Even in the e…
It seems like the index futures are slightly positive, probably another modest up day tomorrow. I wonder if Mr. Market thinks this is already priced in.
Since I'm sure everything except the press coverage so far will be "great"," tremendous," "beautiful," "big league or 'bigly?'" and "huge!" in the speech, the market will be up tomorrow. Trump once said to New Yorker writer Mark Singer he only sells…
The thing these kinds of essays fail to acknowledge is how short in terms of human history 100 years is. And there is nothing scientific to this historical experience that one can extrapolate necessarily into the future indefinitely. All one can say…
@msf I agree it is virtually impossible to do business or invest without entering some of these ethical/political grey areas. It is part of life and it would be hard to function on a practical level otherwise, so yes we can try and must sometimes se…
@MSF There is an interesting question as to whether or not a belief in maximizing profit at all costs regardless of the ethical consequences is or isn't a political view. I would say it is. One could claim neutrality like Switzerland, but that has h…
@Ted Since you're quoting me, albeit anonymously, I will respond: You post political irrelevant material all the time. If you want this to be a mutual fund only board, stop posting articles like "Why We Need a New Milton Friedman." What you really m…
@OJ Advertising revenues? What advertising revenues? Can you ask these Internet entities to pass along some of these revenues to the publications I read and work for?
@MSF Brilliant Monty Python sketch! Haven't seen that one in a while. They do seem to capture the problems in every political system in a clever accessible way. This one is just as hilarious:
@Ted Let's assume this is a democracy and you're not god, OK? You just started a thread called "America Needs a New Milton Friedman." What does that have to do with mutual funds?
@JohnChisum
@davidmoran
It is an interesting question if one shuts off debate and simply refuses to listen to the other side by only viewing certain media outlets that share your views whether this behavior is any different from "confirmation bias…
@Maurice, There is something inherently socialistic and redistributive about any public good. No one gets out of the system exactly what they paid in via taxes. It's just few people realize how much the government benefits them. For instance, the pu…
@Maurice, There are few Communists in the U.S., but if you or your family receive Medicare, Social Security, walk in public parks, drive on public roads, attended public schools or support our troops, then you're a socialist or at least benefiting f…
Are you there God? It's Me, Margaret.
Seriously, The Wall Street Journal Guide to Understanding Money and Investing is good for beginners: https://thriftbooks.com/w/wall-street-journal-guide-to-understanding-money-and-investing-wall-street-journal-…
I would argue that the bond market serves a more useful broad societal function than the stock market currently as companies can use debt to grow their businesses. While companies can issue new stock to grow, the percentage of actual IPOs and second…
@JohnChisum Robert Mann was merely compiling what was already present on Politifact. You can see for yourself here how Politifact rates Trump:
politifact.com/personalities/donald-trump/
How Politifact rates Obama: politifact.com/personalities/barack…
Lather, rinse, repeat: wired.co.uk/article/us-president-donald-trump-attention-economy
The thing people don't understand is that Trump isn't really hostile to the media. He is the media. He's the equivalent of a meme, an Internet troll, an earworm y…
Is there an "active share" study that incorporates survivor bias? If not, I wonder about the value of the measure. Funds with high active share that do well will survive and tilt study results in favor of active share while funds with high active sh…
Believing that you can't let politics get in the way of financial matters, investing or business is a political position. It's called libertarianism. There's a political party devoted to it. Just out of curiosity if you believe politics shouldn't be…
Life is political. If you live in a society with laws, politics are involved with every aspect of those laws. And even if you live in a cave somewhere away from society, that in itself is a political statement.
What's simple about the three index portfolio is the costs--both management fees and trading costs. There is no question this is an advantage over higher cost actively managed funds. But in other respects three total market index funds are not so si…
Indeed, Masters Select Funds represents a fascinating case of active management not working as planned even with seemingly top managers. Some potential explanations include the higher concentration risk of holding just 15 stocks or less for each man…
@DanHardy I'm sorry you're so frightened. It will be OK. Just remember every time you think this when you hear about illegal immigrants,
know that it is all an irrational fake-news induced fear and that your hero Barry Glassner would tell you to t…
