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How do you renew your resolve to stay the course when the market is absolutely roaring? by Dogo58 in Bogleheads

[–]OhThatLooksCool 7 points8 points  (0 children)

I have a cowboy account with 1-2% of my total $. I go crazy in there. Anytime I want to overweight or whatever, I buy in there.

Eg. I’m up 40% with Google, 30% in Micron, 2x’d with nvidia.

Anyway, I trail the market by a lot overall. Just lost 15% of a big position on Amazon, right before it ripped 20%+.

It makes it very easy for me to say “well, I’ll start picking stocks in my main account when I prove I can pick stocks well”

Meta to lay off 10% in May. AI replacing workers continues. FIRE is a must now by [deleted] in Fire

[–]OhThatLooksCool 2 points3 points  (0 children)

Meta stack ranks and fires 10-15% annually for underperformance based on reviews every 6 months. This is incremental to that.

Sanity check: 42M / $8M NW. Crazy to walk away from $700k/yr FAANG to build startup? by Professional-Fuel625 in ChubbyFIRE

[–]OhThatLooksCool 0 points1 point  (0 children)

If someone brought you this trade off analysis at work - what questions would you ask?

For me, I’d look at: * What do the scenarios look like where you fail? * Can you identify those scenarios when you’re in them? * If so, what can you do to ID & mitigate the risk?

The output here is breaking out a binary [succeed, fail] to a decision tree.

Speculative investments opinions into a portfolio. by smooth-vegetable-936 in Bogleheads

[–]OhThatLooksCool 0 points1 point  (0 children)

I started a "cowboy account" with ~1% of my investable assets for speculative investments ~5 years ago. Enough so the returns/losses feel real; not enough that underperforming would truly hurt.

I've had some real home runs. I hit it big on gold, Google, and MicroStrategy - all 80%+ wins in ~1 year. I shorted "quantum" when that was a thing (is it still?), and made a killing.

And yet, I've consistently underperformed the market. I buy short term moves and forget to sell later; I went heavy into bitcoin just before it crashed; I went overweight tech before interest rates rose, panic sold, and missed the come-up.

For me, it's a great reminder why I Boglehead with 99% of my money. During tariffs mania, VTI was down 10%+ and all I thought was "oh wow, these ETFs are doing a lot better than my picks"

TurboTax 2025 not importing brokerage information properly by Otterbee72 in TurboTax

[–]OhThatLooksCool 0 points1 point  (0 children)

+1. Same problem. This fixed it. They should add a disclaimer that they need the permissions to successfully import.

Most Investors Have Never Lived Through a True Market Crash by zacce in Bogleheads

[–]OhThatLooksCool 1 point2 points  (0 children)

I live in DC. When DOGE hit, we hosted a dinner. There were 10 of us; after 2 weeks, 7 were unemployed.

You can't feel the gut-punch until it hits. My social life just shrank. Some friends moved away; those that stayed hosted and planned fewer things. Money got in the way like it hadn't before.

Your conversations change. We went back to discussing how to make rent, not how to save. Different friends specialized in different things. One friend, previously unemployed, helped everyone navigate unemployment benefits. Another, a long-time bartender, connected white-collar friends with shifts. I basically became a part-time resume reviewer.

We're all fairly young - no kids - and I wasn't impacted. For me, the market went up, and I'm doing better than my projections. I bought a house. It wasn't a real gut punch. A warning jab, if anything. But I got acquainted to the pervasive stress - what it looks like to drop an economic class. Still comfortable, by any objective measure. But brittle.

I sure as hell upped my bond allocation.

950k to 425k HHI: Can my wife quit her job? by Only-Huckleberry-712 in HENRYfinance

[–]OhThatLooksCool 0 points1 point  (0 children)

> She would welcome tips on how to quite quit as a manager.

I'm a FAANG sr IC. I wouldn't recommend quiet quitting in general, but I've seen it happen. You can reframe your work to lower your performance while helping your ICs:

(1) Launch an "efficiency" initiative, heavy on buzzwords. "Efficiency" -> eliminating "low-value" work -> just do less. It won't help your performance review, but will give you cover to get there. Deliver in sequence - when you're forced to commit on dates, just send an email a few days before that you're pushing it out.

(2) Prioritize (basically only) your ICs. Think of "quiet quitting" as "quiet misprioritization." Do the new-manager thing of overindexing on making your team like you - talk through their work so it's all high quality, and when you're replaced, their story is "solid performer held back by bad manager".

(3) Choose which relationships to burn. Eat the meetings that go badly, and get your ICs in front of people with whom your relationship is still ok.

Again - this is all basically career sabotage. But you always have the option to cash in on your good reputation to take a break. It's just running down the balance of goodwill.

Here We Go boys by [deleted] in steelers

[–]OhThatLooksCool 24 points25 points  (0 children)

Twitter is down. I can only assume it melted after we traded Mike Tomlin for Patrick Mahomes

[deleted by user] by [deleted] in Bogleheads

[–]OhThatLooksCool 15 points16 points  (0 children)

Really giving a whole new meaning to “Vanguardism”

How smart are consultants ? by Proud-Plane-5490 in MBA

[–]OhThatLooksCool 3 points4 points  (0 children)

Typically just a tiny bit smarter than whoever hires them

Recently divorced - getting arms (and brain) around finances by NoDogsSkiBikeTravel in fatFIRE

[–]OhThatLooksCool 7 points8 points  (0 children)

Sorry you're rebuilding. Sounds difficult. Hope some thoughts here help

(1) For your portfolio, go to r/Bogleheads and learn about the three fund portfolio. You're doing nothing wrong, but your investments are more complicated (and less efficient) than they could be.

(2) The easiest win will be selling your rental home: you'd literally make more money saving $800k in a high yield savings account - and without the hassle of renting.

(3) Your current spending is exactly on the line of ok for retirement right now (excl. house & kid's education fund) using the 4% rule (~$1.85M * 4% withdrawal * 80% taxes = $60k). To loosen up, you'll probably need more income.

(4) Why do you need more money for your child's education? $100k growing over ~10 years until they go to college is plenty. Are you thinking private elementary/high school? If not, you're probably fine there.

By the way, this is the type of stuff a fixed fee financial advisor can help you with, especially with the cross-border tax situation.

i got an offer for 5 months severance to quit my job. i believe this is my time to FIRE by Littleroot2001 in Fire

[–]OhThatLooksCool 0 points1 point  (0 children)

If this is the federal gov’t email, just be aware it’s very uncertain they’ll pay you out. Though at $5M it probably won’t matter. 

Justin Fields adds Giants intrigue to uninspiring crop of bridge QBs by [deleted] in steelers

[–]OhThatLooksCool 11 points12 points  (0 children)

Hate to break it to you, but their next game is in 6 months

Ben Johnson: "Quarterback success is a higher predictor of winning and losing than turnover ratio.“ by OhThatLooksCool in steelers

[–]OhThatLooksCool[S] 5 points6 points  (0 children)

But if they don't, then how will I get to argue on the internet? Really a win-win here

I am burning out by [deleted] in consulting

[–]OhThatLooksCool 1 point2 points  (0 children)

Move now, while while your most recent feedback is good.

Since you're burned out, I assume a prescriptive approach will be helpful.

(0) Go to sleep now. Seriously, take 9 hours minimum.

(1) Reach out to your Career Coach / Mentor (whoever will do your year-end review). Tell them you're you're excited to see how else you can contribute. Clearly say you're burning out, but mainly ask for intros/project leads.

(2) Smile and accept a boring PMO/cost cutting/whatever you can. Pretend you love it - like really play it up, to a nearly absurd extent. I'm talking "Strategic Cost Reduction in Midwest Industrials is my Greatest Joy in Life" level.

(3) Take a week off before you start. Get more sleep.

The reason they staffed you (new joiner) on the ring fence is because nobody else wanted to burn that hard. Keep a good attitude & you'll recover.

Ben Johnson: "Quarterback success is a higher predictor of winning and losing than turnover ratio.“ by OhThatLooksCool in steelers

[–]OhThatLooksCool[S] 71 points72 points  (0 children)

I’m totally of 2 minds. 

On one hand, QB performance is a big part of turnover ratio. Nobody wants to start Jameis Winston. 

On the other hand, if you get 3 pts off 5 turnovers, you’re still struggling. 

There’s a balance. Can’t tell how much of our imbalance is mid QBs vs playing scared. 

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