michielterlouw

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michielterlouw
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  • Investment thread

    My thoughts:

    1. Start by making sure you really know what your goal is. You write that you don't want high-risk speculative stuff, but also that you don't "just want to go for 5% returns". These are potentially conflicting statements. In today's market (with historically low interest rates), most experts say that about 5% is what investors should expect from a well balanced portfolio.

    2. The majority of your return is the result of your asset allocation (how much you put in bonds, stocks, and other categories). Picking individual stocks is exciting, but ultimately doesn't influence the result that much (unless you cherry-pick a few speculative companies to invest in)

    3. The golden rule is that: as an investor, you need to make sure you get rewarded for the risk you take on. If one investor (John) puts all his money in company ABC, and makes a 7% return, and his friend Anna puts all her money in companies ABC, DEF, GHI and JKL and also makes 7% return.... then I would say that Anna is the better/smarter investor. John took on more risk by putting all his eggs in one basket, but was not rewarded for the additional risk.

      If a third investor comes along (Bob), and he makes 7% by investing in an index fund that tracks the average weighted share price of 500 companies, then he's doing better than John and Anna, because he gets the same result with less risk.

      What this means is that, if you decide to be stubborn and not follow a broad index, you are intentionally taking on more risk than necessary. Professional investors do this, because they believe they have better information than the average investor, and they believe they are better at analyzing the available information. Some of them succeed.

      If you take on extra risk, you have to realize that you are betting on your own ability to analyze the market better than millions of other investors (better than "the crowd"). This can be an exciting bet to take, but there's also something inherently arrogant about it (I'm not judging)

    4. There is no rational reason for Dollar Cost Averaging. Historically, putting in all the money at once (lump sum) leads to higher returns. On the other hand, some people just sleep better if they spread their investments.
    HatorianDoctor_NickGiovanni
  • Everyone Should Get a Bidet

    Here in Finland, EVERY toilet comes by default with a bidet shower.

    Wikipedia:

    A bidet shower (bum gun, bidet spray, bidet sprayer, or health faucet), is a hand-held triggered nozzle that is placed near the toilet and delivers a spray of water used for anal cleansing and cleaning of the genitals after using the toilet for defecation and urination. The device is similar to that on a kitchen sink sprayer.



    telephoneofmadness
  • Where I felt bald move went wrong in 2018

    I will reiterate what I already said early on in the thread: let's not be defensive.

    As a service designer, customer reseach is a big part of my daily job. And I know that spontanious, unsolicited feedback from customers, especially the negative stuff, is GOLDEN. It can give you valuable insight into why customers might be disengaging with you; information which you would otherwise have no way of finding out about (you can look at churn rates, but that only tells you how many people are leaving - not why)

    Of course I can't know if the guys view it that way, but Aron seems to be welcoming the feedback, and not mind the thread title. Keep in mind that they receive many, many emails every week in which listeners express their appreciation for BM (which they choose not to read out loud during the podcast, because it would sound like autofellatio - I'm paraphrasing here)

    I think it's great that OP took the time to list the things he was disappointed with this year. It just shows that he cares about the content, and probably also about BM as a company and a community.
    MFGgguenotrhcoopDoubleA_RonBloodyTacoGiovannitingudu
  • Where I felt bald move went wrong in 2018

    Please let's not get defensive because of some honest feedback. Nobody here was suggesting the guys aren't working hard.

    And about TWD: I don't "expect them to continue to cover it and make themselves miserable in the process". I just miss listening to their views on (and jokes about) the show.



    mtron32ElisaA_Ron_HubbardGiovannirhcooprustywright4
  • Where I felt bald move went wrong in 2018

    I've noticed that I've pretty much stopped listening to the Bald Move podcasts. The last time was probably the season wrap up for Better Call Saul sometime back in October.

    A transition to the Watching Dead would have been smooth and nice, but unfortunately the guys don't cover it anymore. Which I understand, but in hindsight (!) I think it's an unfortunate choice. This half season TWD was good and enjoyable again. Good character building, inspired cinematography (they've added some classic horror vibe), and very little stupidity in how people behave (except for a bit of that during the first 2 episodes).

    The BM-content that it has been replaced with, just doesn't interest me much. Season of the Cage and the Giamatti stuff especially.... Personally I prefer the commissioned movie podcasts from before. But probably that's just me.

    I'm sure I'll return as a loyal listener and subscriber once the Baldies content drops. And when other TV shows start airing again of course.


    SchluppElisaJaimieTGiovannimft9186gjames80Janco