I think about lot of preferred factor research was done off of old data series....as a long term small cap and international bag holder, I wonder when do you change your mind....if not today, WHEN? And if you don't ever change your mind, what are you...(me and my heirs in my

In case you didn't know, I hate small caps, and for sure international....i have followed the diversification theme to the tee for 30 years....I just don't like the outcome....thus the Damodaran monk....it will be what it will be...

What goes on in the crypto space with bots is out of the world insane....the most extreme zero sum games in the world....but all the power to you

I have come to the conclusion that all factor based investing is a religious exercise in monastery level implementation....no time period is enough.....no periodic evidence is enough....either you believe....or you are a non believer...decide where you want to be....

I think all of factor based investing is solely dependent on the failings of humans....we misprice things because of our proclivities....and we will wait for gadot and if needed Moses to come save us from the depravity of the masses....

The investing believers in God can never be proven wrong.....because it has only been 30 40 years....

See...one of the assumptions of the true believers in investing....especially the factors kind...is that we will all live to the ripe old age of munger or buffet.....which of course is not true...especially if you are in a super non wealthy category.....decide who your mortal

Just to date myself....in my old days, we spent enormous amount of time buying the right preferreds....you heard it right....relative value preferreds...it was a true skill set......but today you would accept that it was a moronic exercise in information.....the same applies for

I like momentum investing for one simple reason....it is my counterweight to religious investing....factor investing is a significant part of that religious investing.....

Egghead will cite 50 year evidence...and feel good about it....and the rest of us look at the outcome and say are you kidding me....this is what we left on the table....and you want me to feel good about it....so yeah...there we are

Global investing has been a good outcome for everyone else than US investors.....for obvious reasons....and it has hurt us investors more because they are more religious about their investing.....by the the investing doctrine propagated by US academia....

US asset owners have been bamboozled by US academic community like no other....as if they knew anything

Every time someone asks me, are you buying small caps....i say why...i did that for 30 years, where has that gotten me....then they tell me about Fama French nonsense...if that isn't religiosity I don't know what is

I don't think people truly appreciate the confluence of financilization of savings globally....and the old factor investing paradigm.....the world has changed....not just here..the world over....but it is very difficult for us to move beyond 50 year old academic work.....if it

You know the part I hate the most about investment theoreticians....their moral and theoretical certitude .....despite the fact that things haven't worked out according to God's plan for decades...not years...not a decade or two....decades

When it is OPM, you can think in the abstract...benchmark...acwi is the opportunity set etc....but when it is your own money, it is about what have I been thinking...fir decades....nay be u should reexamine my assumptions and beliefs....