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
charlie munger
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
What The Duck! (Notes From The 2019 Berkshire Hathaway Meeting)
Berkshire Hathaway Meeting 2019Want to win a set of Warren Buffett/Charlie Munger ducks? Read on!Mrs. 1500 and I attended the Berkshire Hathaway meeting a couple of weeks ago. The event is often called the "Woodstock of Capitalism." Investors from around the world come to hear Munger and Buffett spout their wisdom:The meeting has three parts:Movie: The meeting … [Read more...] about What The Duck! (Notes From The 2019 Berkshire Hathaway Meeting)
Meetups In Omaha This Saturday!
This weekend is the Berkshire Hathaway meeting in Omaha. I'm in town with Mindy:The girls:And the dinosaurs:Also in town is Grant from Millennial Money, Cody from Fly to FI, the Frugal Professor, and last, but never least, the Waffle Couple.Party Time, FIRE StyleThere are three, fun parties going on this weekend.1. Shareholder MeetingThe … [Read more...] about Meetups In Omaha This Saturday!
Munger, Allocation, Sheep and Crazy Uncle Larry
MMM (My Favorite Munger) Let's start off with some Charlie Munger quotes. The last line of the second one is just great: Another thing I think should be avoided is extremely intense ideology because it cabbages up one’s mind. ... When you’re young it’s easy to drift into loyalties and when you announce that you’re a loyal member and you start shouting the orthodox ideology … [Read more...] about Munger, Allocation, Sheep and Crazy Uncle Larry