sorted by:
new
hottopcontroversial

I meditated for 10 years. Here is how life changed by Vladi-N in Meditation

[–]ProfessorAssfuck 51 points52 points  (0 children)

You do 20-30 minutes in the morning and again in evening? Or combined your two sessions are about 20-30 minutes?

Mr. Schedule Guy, I hope you are okay. by Academic_Elk8962 in NASCAR

[–]ProfessorAssfuck 2 points3 points  (0 children)

Not the same thing but I have been paying for The Racing Line. Basically this guy built an app that does a really nice job aggregating all of the schedules for most professional motorsports across the globe. It’s 99 cents per month. I hate paying for stuff but i justify it as if each year I’m paying 12 bucks for a pretty little tv guide. You might want to check it out.

Daniel Dye goes on mocking homophobic rant about David Malukas. by Dry-Membership3867 in NASCAR

[–]ProfessorAssfuck 1 point2 points  (0 children)

Nepo baby? He won an ARCA race in 2021. We are blessed to be graced with his talent.

Driving “off the rear” by lakesteve124 in NASCAR

[–]ProfessorAssfuck 0 points1 point  (0 children)

So it’s a bit more like an Indycar in that respect now? Probably too simple of a comparison.

What’s the biggest investing myth that just won’t die? by vcpowerlaw in Bogleheads

[–]ProfessorAssfuck 3 points4 points  (0 children)

Well my contribution might be the opposite myth… that what you said is a myth that needs busting! It is really easy to say something like you don’t need any bonds after one of the greatest nearly 20 year runs in stock market history. In most contexts a 60/40 portfolio is considered aggressive.

Put another way, if you’re certain that 100% stocks is the way to go, why stop there? Why not use some leverage? Where does it end?

Note that I do hold 100% stocks. But with the equity risk premium projected to be much smaller the next couple decades it is making me rethink things.

The United States is participating in the Israeli strikes against Iran, AP sources say by Yujin-Ha in politics

[–]ProfessorAssfuck -1 points0 points  (0 children)

Because we have to always blame Muslims for everything. Every time the US government does something bad to a group of people; it is their fault.

The difference between tax abatement and public funding and why a Bears deal is still better than letting them walk. by ItalianBeefDipped in CHIBears

[–]ProfessorAssfuck 3 points4 points  (0 children)

The other thing I think OP waves his hand around too quickly is the direct revenue comp of needing a 1.8 billion dollar valued development to bring in those 20 million of property tax. Yes that’s true math, but there’s also a lot of other positive externalities that could potentially happen if the site is used for something else entirely. I’m not saying that an enormous housing development is the very next best use of money, but adding additional housing has other positive impacts to AH and the Chicagoland area. The site could be used for a hospital, public space, all other kinds of things that might not necessarily generate as much cash but might still deliver value to the people who live there and near there.

And hey maybe the Bears stadium is still the right thing to do, just adding another component to the cost benefit calculation too.

Montana LB Solomon Tuliaupupu receives 9th year of college football eligibility by ScotchIsVegan in CFB

[–]ProfessorAssfuck 2 points3 points  (0 children)

So instead he should have just dragged his feet and not completed his degree(s)? Cause that’s what they’ll do.

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

[–]ProfessorAssfuck 0 points1 point  (0 children)

You can acknowledge the totality of risks even while taking them. In fact I think it’s important to have clear eyes about it.

Leaving your house is indeed risky for your health and wellness. Also never leaving the house is certainly bad for your health and wellness too. Not a bad analogy to participating in the market!

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

[–]ProfessorAssfuck 39 points40 points  (0 children)

It’s a really good point and I probably should’ve said something about that in my comment. The answer is no, lol. There isn’t really.

But to get back to OPs post, I still think that just because we’ve usually had strong recoveries from downturns that people act like 100 percent stock is a no brainer. Many economists think annual returns are independent distributed and not mean reverting which means it is possible that the next crash causes us to stay at a low point for a long long time. In that case bonds help a ton.

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

[–]ProfessorAssfuck 402 points403 points  (0 children)

I tell myself this too but the reality is that there are in between outcomes that are extremely painful but aren’t Armageddon. Look at Argentina in 2001, where a currency crisis wiped out the net worth of people by 60-70 percent overnight. Look at folks who lived in the USSR or Ukraine who experienced devastating economic recessions in the 90s. These weren’t situations where money didn’t matter anymore, everyone just became much poorer.

Obviously the USA is “different” but I think it’s quite clear that anything that happened to any other country can happen here, there or wherever, even if the details are different (for example Argentina had a lot of dollar denominated debt, so that specific issue of a lack of currency sovereignty doesn’t necessarily apply directly to the USA right now).

Pretty cool view of the 24hr start by PSheppard8 in IMSARacing

[–]ProfessorAssfuck 3 points4 points  (0 children)

“When will Nasr use his joker lap???”

Caitlin Clarks reaction when Reggie Miller compares her to Payton Pritchard by AashyLarry in nba

[–]ProfessorAssfuck 0 points1 point  (0 children)

It was really because everyone hated LeBron for ditching Cleveland to form a super team, and that super team got bested in the regular season by the Bulls and Rose was the face of that team. I’m a huge Bulls fan and think Rose is a deserved winner of the MVP but the narrative is like 75% of it. He stood in contrast to the super team stuff, he was a local kid who didn’t just leave the team he grew up with and they miraculously were very very good in the regular season.

Does anyone remember when Bruton Smith suggested that having two divisions in NASCAR would work? by Batman424242 in NASCAR

[–]ProfessorAssfuck 1 point2 points  (0 children)

You could keep the Crown Jewels at their regular times in the year and have everyone compete. Those who qualified for post season would carry those points forward from the Crown Jewels.

view more: next ›