I was listening to Morgan Housel's excellent podcast and heard this quote from Bernard Moitessier:To have the time, to have the choice, not knowing where you're heading, what you're doing, and just going there anyway, without a care, without asking any more questions, you can't understand how happy I am.What do you think of Bernard's words? Could you be happy with no … [Read more...] about Deoptimization
Warren Buffett Bet: Year 6 Update
Six years ago, Dividend Growth Investor (DGI) asked me if I'd like to participate in the Warren Buffett bet. For those unfamiliar, in 2008 Buffett famously challenged the hedge fund industry::Can you beat the S&P 500 over a period of 10 years?Buffett won as the hedge fund got clobbered by the S&P 500.But I like fun experiments and a little … [Read more...] about Warren Buffett Bet: Year 6 Update
2023 In Review: Surpassing Max Q
Yet another obligatory 2023 Review Post! Bleh!!!Sigh. I'll try to make it fun.Investments!We had a very good year. Our net worth started at $3,342,821 and ended at $4,792,750 for a 43% gain or $1,449,929. Yowsers! That's our biggest year ever:Tech did very well and our biggest holding, Tesla, killed it. The stock had a stellar 2023, starting at $118 and … [Read more...] about 2023 In Review: Surpassing Max Q
November Performance. It’s All Good.
My main goal* was to build an investment and cash portfolio of $1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in 1500 days**, starting from 1/1/2013 and ending in February of 2017. I made my goal in 2016, my 1500 Days are over, and I’ve left my job. In the interest of openness, I’ll continue to share my numbers. For now…Austin, Las Vegas, … [Read more...] about November Performance. It’s All Good.
My Biggest Investing Takeaway For 2023
I have a fun little secret to tell you. On the Mile High FI podcast that I cohost, Doug used Chat GPT to create a script for a small segment. Then he used Descript's voice cloning to read the script in his voice. So part of the podcast in the clip below (starting at 2:20 and ending at 6:50) was completely generated with artificial intelligence (AI):My Biggest Investing … [Read more...] about My Biggest Investing Takeaway For 2023