In December of 2017, Dividend Growth Investor (DGI) asked me if I’d like to duplicate the famous Warren Buffett bet. For those unfamiliar, in 2008 Buffett famously challenged the hedge fund industry:Can you beat the S&P 500 over a 10 year period?Buffett won as the hedge fund got clobbered by the S&P 500.But, I like fun experiments and a … [Read more...] about Can I Win The Warren Buffett Bet? (Year 5 Update)
Investing
VTSAX Won’t Go To Zero
If you've read this blog for any length of time, you know that I talk about Tesla frequently. I got lucky purchasing the stock on a whim in 2012 for $1.93 (split-adjusted). Tesla had a tremendous run up, but the stock hasn't been doing so hot lately. The stock hit $407 back in November of 2021 and has since crashed down to $163. Oof:Tesla is an interesting company to … [Read more...] about VTSAX Won’t Go To Zero
Unicorns, The Easter Bunny, And Safe Passive Returns
I was perusing the Choose FI group on Facebook last week and someone posted something that went like this:I pulled all my investments out of VTSAX in 2020 and have been sitting on cash ever since. I don't want to get back into VTSAX. I'm looking for something that is passive, has a good return, and is safe.Many of the comments were unkind.You clearly don't know what … [Read more...] about Unicorns, The Easter Bunny, And Safe Passive Returns
When The Game Doesn’t Feel Quite The Same
On a recent trip, I downloaded the book It to my Kindle. Light reading, right? The book quickly drew me in. I hadn't read fiction in a long, long time. The most recent issues of The Economist gathered dust while I plowed through Stephen King's novel.This was a change. For the past couple of decades, I've considered all of these activities to be a sub-optimal use of my … [Read more...] about When The Game Doesn’t Feel Quite The Same
The Right Question To Ask About The Crazy Markets
I fully admit that I did the wrong thing back in 2008 when the stock market got walloped. I had only been investing for about 10 years and I freaked out:I logged into my 401(k) account late one night and lowered my contributions so that I put in exactly enough to get the company match and no more. For the next couple of years, I paid no attention to my investment … [Read more...] about The Right Question To Ask About The Crazy Markets