Omada

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Hint: Concentrated, high conviction investments, is THE way.

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It can be, but this can certainly lead to subpar results or worse. Conviction needs to be backed by something substantial and ideally quantifiable, not hopes and dreams. If you don't have that, then you're exposing yourself to very serious risks that may not be apparent at first but will manifest in the long run. Diversification lowers the ceiling, but it also raises the floor.

This board is not particularly sophisticated (exceptions obviously exist). It is above average, and based on my memory, thus doing the good work of telling working and middle class people to diversify and index invest to avoid blowing up and/or getting below-average results. That is a good thing for this board to be since the gap between that and having earned the right to high conviction is significant and, in my opinion, means getting past the point of supposed sophistication of blindly trusting a number of ratios and formulas.

To give an example of having proper conviction, I have a trading system for the S&P 500 index that achieves, unleveraged, 80% of the index returns while only in the market 35% of the time. It can blow up if trading at half Kelly, and it has a disappointing Sharpe Ratio of just 0.5 to 0.7. That sentence will scare off many institutions and sophisticated investors, but the Sharpe ratio was meant for quickly examining one's overall portfolio and discriminates against all volatility, even upside volatility. The profit factor is 1.75, and it achieves a 20% CAGR at 3x leverage, at which it is neither overfit to the historical data nor at risk of blowing up. I could spit out some more numbers, but the point is I can have conviction because the data supports it, and I understand why when it doesn't.

I am not saying all this to appear elitist or to brag. I'm trying to add this disclaimer: if you are going to concentrate your portfolio, you better be certain you understand what you're doing, not relying on hopes and dreams or thinking you know more than you do. Otherwise, you risk becoming wallstreetbets or LTCM.

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If I'm being honest I don't care about your respect. We can still have an intelligent conversation though.

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These are contradictory statements, and considering our brief interactions thus far, I don't think you fully understand what an intelligent conversation is. Mutual respect is required for intelligent conversation to stop it from degrading to ridicule and defensiveness. You've thus far failed to show you are willing and/or able to engage in intelligent conversation, as seen here:

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Ah yes, everyone is corrupt and Lacy was railroaded.

Let's just ignore the driver who said he had to pull over to avoid a head on collision with a reckless driver and the dozen or so people who gave eyewitness accounts that a "green charger" caused the accident.

:rolleyes:

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That is why I informed you I shall be polite: I intend to avoid ridiculing you. But since you put words in my mouth, used a snide emoticon, and attempted to mock me for a position I do not even hold, then I reasonably expect no intelligent conversation from you and thus do not respect you. You don't have to care, but you don't get the right to say you seek intellligent conversation, either.

You may be right about your position, but you've failed to explain why. And as of right now, I'm not sure if it is worth my time to ask questions or attempt to discuss this further, so I'll just wish you a pleasant night and get back to my business.

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Did she swerve into oncoming traffic to avoid the truck because of the Dodge Challenger? Yes.

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I'm not 100% on this. The woman was doing close to 50 mph according to the portions of the DA's investigation that Mr. Ory released. The crash occurred more than 100 yards beyond a 40 mph speed limit sign she had passed, and the truck in front of her was doing about 30 mph. If, then, she isn't reacting to Lacy being in her lane, then it seems her swerving is due to her own negligence because she did not give herself enough time and/or space to react to the vehicle in front of her. I am not a lawyer, so this makes it difficult for me to determine overall fault.

We need to see the DA's full report (with private information redacted) to understand what happened. The woman who hit Mr. Hall lied about her speed, so her statements are questionable. The state trooper apparently tried to adjust a witness's statement, (which the witness refused to sign) which hurts the integrity of his investigation. Mr. Ory has released selective information from the report to support his defense while leaving the rest on the cutting room floor. The most objective source may be the full DA investigation report, or at least it can provide more information.

Speaking of information, did the donut shop or the Dollar General not have security cameras that could've caught the incident? We don't have any released videos properly showing the accident, let alone the other lane of traffic.

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What's a bullpen?

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A writing instrument used by male cattle

RLDSC FAN, check my post on page 5 for the blog and his last two blogposts.

Yes, he does say, "Climate change will kill us all; COVID will kill us all; vaccines will kill us all; AI will kill us all." But the quote with some context is:

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And with all this, a sharp rise in apocalyptic messaging: Climate change will kill us all; COVID will kill us all; vaccines will kill us all; AI will kill us all – no matter the bubbles we ascribe to, we’re bombarded with existential crises with no solutions.

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Overall, he's a conspiracy nut who thinks/thought Repubs and Dems are working together to establish a NWO, etc. He probably chose the Trump Trial for max publicity.

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My husband usually cleans as I cook. He’s also on standby for last minute grocery runs, reaching for things in the upper cabinets, and to remind me (several times) that I don’t need to cook for a crowd.

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It sounds like Alfalfa is a good husband, Darla.

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I mean I can always just run my 3 computers on my mouse click program and do about one thousand votes an hour until october.

Would probably get Q disqualified though because the vagenes on ar15 would complain like the libs they are

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I was just offering a solution to JoeNelson (and anyone else in similar situations) to keep his family happy while getting in his votes for the day. Personally, I don't have time to consistently vote every hour, so I use Tor browser to get my votes in when I can.

Also, RIP Cheese. Maybe they would've left him up if he was called a hogdog.

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My wife and kids are threatening to leave because they can’t take the timer going off every hour any more.

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Drop the timer and use a tor browser. Goober's side is already engaging in such shenanigans, so feel no guilt.

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Say this one in your best Saban voice and add “aight” to the end. . .

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Do I get to chew out a reporter after that?

Do Pelini