Author Topic: Interesting Articles...  (Read 1747430 times)

Offline Ergel

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Re: Interesting Articles...
« Reply #6660 on: March 19, 2017, 08:35:59 AM »
Maybe they should ask how many long term users have chronic pain?
+1 (I clicked through just to assume that you were wrong, but the study is pretty silly. There is probably a correlation between people being on opioids for 10 days and needing pain killers for longer, no? Silly that they didn't even mention that)

That being said, there is a real problem in this country. Trump should solve it
Life isn't about checking the boxes. Nobody cares.

Offline JTZ

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Re: Interesting Articles...
« Reply #6661 on: March 19, 2017, 08:46:35 AM »
I clicked through just to assume that you were wrong...
Normally a good assumption.  :)
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline JTZ

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Re: Interesting Articles...
« Reply #6662 on: March 19, 2017, 08:48:56 AM »
That being said, there is a real problem in this country. Trump should solve it
He can solve one of the real problems this country has by stepping down.  :P  :)
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline Ergel

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Life isn't about checking the boxes. Nobody cares.

Offline ExGingi

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Re: Interesting Articles...
« Reply #6664 on: March 19, 2017, 04:26:33 PM »
http://ritholtz.com/2017/03/steady-wins-investment-race/

While I have tremendous respect for Ritholtz's acumen and clear thinking, I find his last sentence a little disturbing. I personally think Richard Russel's lessons make a lot more sense for almost everyone (see rule #2) http://dowtheoryletters.com/Content_Free/2494.aspx
I've been waiting over 5 years with bated breath for someone to say that!
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Offline skyguy918

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Re: Interesting Articles...
« Reply #6665 on: March 19, 2017, 07:40:27 PM »
http://ritholtz.com/2017/03/steady-wins-investment-race/

While I have tremendous respect for Ritholtz's acumen and clear thinking, I find his last sentence a little disturbing. I personally think Richard Russel's lessons make a lot more sense for almost everyone (see rule #2) http://dowtheoryletters.com/Content_Free/2494.aspx
Not sure what your issue with it is. These are very basic outcomes of time value of money, and they both say the same thing.

Offline ExGingi

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Re: Interesting Articles...
« Reply #6666 on: March 19, 2017, 07:47:37 PM »
Not sure what your issue with it is. These are very basic outcomes of time value of money, and they both say the same thing.
The issue is in the attitude that a reader my take from this. See Richard Russel's rule #3 in the link above.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline skyguy918

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Re: Interesting Articles...
« Reply #6667 on: March 19, 2017, 08:01:22 PM »
The issue is in the attitude that a reader my take from this. See Richard Russel's rule #3 in the link above.
State your point clearly.

#3 has nothing to do with what Ritholz was talking about, and doesn't contradict it in any way.

Offline ExGingi

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Re: Interesting Articles...
« Reply #6668 on: March 19, 2017, 08:24:08 PM »
State your point clearly.

#3 has nothing to do with what Ritholz was talking about, and doesn't contradict it in any way.
Ritholtz finishes up with: "The second is that if you’re aiming for outperformance, make sure you win big early."

Is that within anyone's control? If it were, why would the same person not win big consistently?

I guess my problem is with Ritholtz calling this a lesson, as if it is something that can be learned and replicated.

It might be a lesson for hedge fund managers, that if they didn't win big early, they should close shop, but where's the lesson for the retail investor?
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Ergel

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Re: Interesting Articles...
« Reply #6669 on: March 19, 2017, 08:34:06 PM »
::) he's just pointing out a simple mathematical fact. I don't think he's giving advice
Life isn't about checking the boxes. Nobody cares.

Offline skyguy918

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Re: Interesting Articles...
« Reply #6670 on: March 19, 2017, 08:34:49 PM »
Ritholtz finishes up with: "The second is that if you’re aiming for outperformance, make sure you win big early."

Is that within anyone's control? If it were, why would the same person not win big consistently?

I guess my problem is with Ritholtz calling this a lesson, as if it is something that can be learned and replicated.

It might be a lesson for hedge fund managers, that if they didn't win big early, they should close shop, but where's the lesson for the retail investor?
It's obviously not intended to be actionable advice. It's highlighting the lesson of the importance of early returns due to compounding (TVM).

::) he's just pointing out a simple mathematical fact. I don't think he's giving advice
+1 Hard to read it any other way.

Offline ExGingi

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Re: Interesting Articles...
« Reply #6671 on: March 19, 2017, 08:44:56 PM »
::) he's just pointing out a simple mathematical fact. I don't think he's giving advice
Lesson?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline JTZ

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Re: Interesting Articles...
« Reply #6672 on: March 19, 2017, 08:46:35 PM »
::) he's just pointing out a simple mathematical fact. I don't think he's giving advice
What mathematical fact? To out preform you don't need to win big early.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline Ergel

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Re: Interesting Articles...
« Reply #6673 on: March 19, 2017, 09:08:28 PM »
What mathematical fact? To out preform you don't need to win big early.
No, that big returns early are beneficial to long term growth (and more beneficial than big returns later)
Life isn't about checking the boxes. Nobody cares.

Offline ExGingi

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Re: Interesting Articles...
« Reply #6674 on: March 19, 2017, 09:17:55 PM »
No, that big returns early are beneficial to long term growth (and more beneficial than big returns later)
My problem is with him calling this a "lesson for investors". Contrast that with how Richard Russell (עליו השלום) put the lessons for investors, stressing NOT chasing returns, and not losing money (which I am sure Ritholtz agrees with). Russell's advice could be replicated by anyone.

« Last Edit: March 19, 2017, 10:12:43 PM by ExGingi »
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
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Offline aygart

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Feelings don't care about your facts

Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
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Offline good sam

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Re: Interesting Articles...
« Reply #6678 on: March 21, 2017, 12:41:44 AM »


https://www.theguardian.com/books/2017/mar/16/oxford-comma-helps-drivers-win-dispute-about-overtime-pay

I don't understand the appeals court. If "shipment or distribution" is a single clause, then the sentence is a fragment, missing the "and" or "or" to tie the list together.
If you don't care why would you comment?
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Offline elit

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