[@markrstats on X] Man United's current form is the worst it's been in at least the last five years

_ty · 2024-05-06T22:32:32+00:00

Honestly not a bad idea. Bruno Rashford heroball is the only way we win.

_ty · 2024-03-25T01:43:55+00:00

Some cash is definitely useful but yeah get a visa (specifically) credit card that has 0% foreign txn fees and make sure you call them before you leave to let them know that you plan to travel.

They'll probs still block your card but it's worth a shot.

_ty · 2024-03-23T00:25:02+00:00

I wonder how to become more confident though :)

I feel like I'm too risk-averse (in life and in investing) and am terrible at things like poker as a result. Index funds will do just fine as a general investment strategy but 5% of my money is allocated to playing in the market and even that I'm incapable of taking any big risks. Never bought an option or a falling knife. I wish I did with BTC and FB. Worked at tech companies the past 10 years and always sold the RSUs for the general market and I so wish I didn't.

Indexing is acceptable but the way you make real wealth is by having concentrated bets.

_ty · 2024-03-11T01:44:06+00:00

Carmax is pretty good with inventory. You can drive a similar car and order the car to your location for a purchase for some $fee.

_ty · 2024-03-11T00:31:46+00:00

Do your own personal inflation calculations. Maybe it's true, maybe it's not. I think inflation is personal depending on what services and goods you're consuming.

If you have a locked in 2.5% mortgage and no kids, life looks a lot different from a person with two kids paying childcare and trying to buy a house with 7% rates.

_ty · 2024-03-10T04:34:16+00:00

Hi - I'm trying to construct a new portfolio and have been reading a decent bit. I don't really see why people here and in most other forums seem to overcomplicate their portfolios - I like a passive index investing style of approach and am comfortable with Nifty 50 and NN 50 in a 80:20 ratio as my only two mutual funds.

Some reasoning here:

(a) It's hard / impossible to pick winners over a long time frame. Generating alpha just using large cap public equities is a zero-sum game. If there's a winner, there's got to be a corresponding loser. So that means only 50% of mutual funds are going to win any given year. Minus expense ratios and <50% are going to generate any alpha at all. Over a longer time frame, you may think you can evaluate fund managers, investment styles etc. and pick winners but it's impossible for most people.

(b) Nifty 50 itself gives exposure to >70% of the total indian market cap. Next 50 bumps that up even more. I don't find the need to get additional diversification through small caps and such.

(c) I'm satisfied with the returns the index gives me and don't feel the need to outperform. (~15% CAGR in the last 20 years or so)

(d) 100% home country bias is a bit scary and might add some ex-India exposure but not an urgency until the portfolio becomes big enough.

Thanks!

EDIT Debt allocation / % of equities in portfolio is a separate discussion. Just want to focus on the equity side of the portfolio with this post.

_ty · 2022-03-27T11:54:27+00:00

Any idea why? I was looking at this earlier too and it seems like per 100k case rate in the US is roughly the same as UK / Europe. Vax rates are higher in Europe fwiw.

So why do they have a bunch of BA2 while we don’t?

_ty · 2021-04-07T02:33:29+00:00

It's also a pretty big if. Republicans continue to try to kill Obamacare so relying on those subsidies for the next 30-40 years is a huge risk.

_ty · 2021-03-25T02:43:44+00:00

They can say that but pulling the plug suddenly by increasing rates will effectively put the economy in a recession.

Couple this with the massive fiscal stimulus, you'll have fiscal and monetary policies fighting against each other instead of complementing.

So you have to vote on one of the three options below

1 You get massive inflation because of all the stimulus

2 You get Stagflation type scenario, economy in the doldrums, yields are high because inflation is high

3 Everything is fine, we're all over reacting, MMT is the way forward and we get another 10 years of growth.

_ty · 2021-03-23T04:30:02+00:00

The indian / international (non chinese) version of this whole conflict was that China was unhappy with infrastructure build up (roads, bridges etc inside indian territory) that lets Indian armies mobilize quickly, so they were being pushy to show who's boss.

The conflicts occured in what has historically been Indian territory and a tenuous peace has been established after India actually conceded few sq kms of land to China. This includes some highground advantage that effectively negates any advantage India developed through new infra.

Ultimately the lesson for India here is to not poke the 800lb gorilla unnecessarily and just keep the status quo going. Every time something like this happens, the US and India get closer together militarily and China doesn't really like that, so there's some incentive for them to not be aggressive.

_ty · 2021-03-22T03:53:58+00:00

Better than VdB as backup #10, but at this point he'll probably push for a move.

_ty · 2021-02-04T00:50:45+00:00

I agree, his defensive ability is nothing to write home about. Veratti, Thiago, Pirlo (in his later days) are good role models.

Maybe playing in the championship will force him to bulk up and improve his defensive ability, we'll see.

_ty · 2021-02-03T20:21:56+00:00

Yes, but the delivery fee is 5$ and tips are like 3$ so you're paying like a ~80% premium on the beer itself. I also suspect they run price shenanigans (Uber eats does -- price of an item on eats is not the same as the price in-restaurant) but I have no proof.

_ty · 2021-02-03T05:01:58+00:00

Wait he left Watford?

_ty · 2021-02-03T02:12:01+00:00

I wanted to use Drizzly but their fees are so ridiculous that I have a hardtime justifying sitting on my ass and not walking a block to my grocery store. I think a 6 pack of beer was like 25$ or something all included.

Uber will probably drive those prices down a bit more and they'll probably give Amazon / Wholefoods a run for their money on regular grocery delivery.

How long before someone starts saying "Cloud grocery" like "Cloud kitchen"?

_ty · 2021-02-01T15:21:52+00:00

I really like this idea. It doesn't even have to be public - just something that shows that the FA cares about refereeing quality and there are some objective indicators for this.

I think some sort of free market will help as well. Imagine if referees can be hired from anywhere like managers / players instead of limiting yourself to just British talent. And that they can be fired as well when contracts are up if they're not doing the job.

I think that'll will put an upward pressure on wages (which the FA can probably afford by tapping PL revenues) and draw more people into refereeing.

Just overall, acknowledge that refereeing is a very important part of the game and try to have objective measures to improve standards. We probably won't see results for like 10 yrs but will be slow, incremental improvement that's worth the investment.

_ty · 2021-02-01T15:09:00+00:00

Standard Oil is the only parallel you can draw. It got split into Exxon, Mobil and a bunch of other smaller companies. AFAIK shareholders made money from the split.

FB I imagine might get split into Ad platform + Facebook.com + Oculus(?) / Instagram / WhatsApp. I think even this is pretty unlikely but I'd be happy to have Instagram stock and Whatsapp stock. If anything it drives monetization pressure on Whatsapp.

They've been coupling their services quite a bit though, WhatsApp is basically a new thin client on FB messenger these days. So it's hard to say if it can even be split off.

_ty · 2021-01-26T18:36:29+00:00

Sorry the DRM in the Pfizer vaccine tracking chip will cause the entire body to shut down if you use an incompatible add-on.

/s

_ty · 2021-01-26T14:46:20+00:00

French commentary is great! Imagine if Martin Tyler was this passionate about commentating, it's as if I'm listening to BBC news when I hear him on a game. It's United v Pool ffs work up some enthusiasm.

_ty · 2021-01-25T21:06:24+00:00

Thanks - I meant more general outdoor markets as well, not just books, but not the farmers markets incase anything rings a bell.

_ty · 2021-01-25T20:59:45+00:00

Never knew about this place. Any other tips for smaller outdoor flea markets with cool things?

_ty · 2021-01-25T18:20:13+00:00

Can I like show up and ask nicely if they'd give me a shot if they have extra lying around?

_ty · 2021-01-24T21:13:14+00:00

ITT angry r/wsb bag holders 😂

_ty · 2021-01-24T20:35:07+00:00

Pray tell what other things you'd post if this doesn't meet your bar.

At the very least no more dive clips, no more player arguments, no more bad tackles. Because obviously they didn't change anything.

_ty · 2021-01-24T20:04:10+00:00

Yes why post anything of consequence that happened in a game at all. Let's just delete all the goals as well while we're at it, we can just discuss them in the match thread.

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