Michael Anderson

Sharing knowledge, creating connections, loving life, and just trying to figure it all out.

[Michael Anderson @MJAnderson96]

@CliffordAsness He's part of the Jackson Hinkle commie for clicks idiot parade.

[Clifford Asness @CliffordAsness]

Key quote: “long-term investors are shielded from the risks because they can lock up their capital to weather market cycles”

The only risk being “shielded” is the risk of being dumb (selling in a panic). That’s not a trivial thing, we’re all dumb sometimes in this way. But just to spitball here, long-term investors can shield themselves by, say, working on not being dumb. It works very well even in liquid assets.

Also, have I mentioned before the illiquidity has gone from a bug to a feature (and I’m not picking on this article, it’s ubiquitous)?

https://t.co/m8x8TF8wAr

I may have also mentioned that when something goes from a bug to a feature you now pay in giving up extra ER rather than receiving it.

What was once “I can buy illiquids as I’m LONG-TERM and don’t need the money for a long time” has become “I buy illiquids because I know I’m too SHORT-TERM and being in illiquids saves me from myself.” David Swenson would not approve of this full 180 in reasoning. Full 180.

[Michael Anderson @MJAnderson96]

@KentJett @beyoncegarden Its annoying. I actually laugh when someone gets up real quick an pushes to get out but then still has to wait when every row in front of where they make it to gets up, slowly gets their luggage, and crawls out...

[Michael Anderson @MJAnderson96]

@seansebold @MebFaber

[Michael Anderson @MJAnderson96]

@GallagherShow The greatest to ever do it. Honestly, was surprised Rich's still alive and kicking!

[Michael Anderson @MJAnderson96]

@Bouje99 @awealthofcs @grok Another factor is also population, about 150 million more people today, with most gains in the cities/suburbs in coastal areas where housing is generally more expensive .

[Michael Anderson @MJAnderson96]

@haugejostein A good read: https://t.co/Cq4RShPxP2

[Michael Anderson @MJAnderson96]

@IamCharlietoday @AntiLeftMemes I thought so too at first, till I rewatched it. The bike was NOT in the right hand lane--he was at the edge of the middle lane and just turned. Had he been in the middle of the right lane he would have been in the right of way.

[Michael Anderson @MJAnderson96]

@zerohedge Long term power solution.

[Michael Anderson @MJAnderson96]

@j_bambrick I feel like one misconception regarding A/C is folks perceive all of the US is at the same latitude as England and Northern Europe. Nope, NY is more like Spain, Texas is like Northern Africa. So with a Western economy, it makes sense a bulk of the US has A/C.

[Michael Anderson @MJAnderson96]

@MuldoonMartin @KonstantinKisin Two weeks!!!

[Curiosity @CuriosityonX]

If you understand this reference, you are one of us.

[Wild content @Nocapmedia]

You literally can’t make this one up

[Michael Anderson @MJAnderson96]

@PlanoEastHoops Kids probably like playing there, like in a practice gym so no spectators. Course probably miss the home fans.

[Michael Anderson @MJAnderson96]

@christine_benz While I agree with your premise, its a bank, not an advisor. They offer the product and execute the transaction, but they have no advice responsibility.

[Michael Anderson @MJAnderson96]

@christine_benz @jyangrohr CD maturity date should be listed on every statement on the CD line item.

[Michael Anderson @MJAnderson96]

@crazyclipsonly At first, I thought, "that's a solid nap! Didn't even wake him up..."

[Michael Anderson @MJAnderson96]

Supernerds Unite Against Dave Ramsey’s 8% Safe Withdrawal Rate Guidance | ThinkAdvisor https://t.co/tWZcMnU1Rn

[Michael Anderson @MJAnderson96]

@BillWinterberg Banks adding 3FA now! You must do the secret handshake, after inputting the texted code, after entering your login and pw.... Good luck aggregators!!!

[Michael Anderson @MJAnderson96]

@moseskagan Its not about that; its the infrastructure can't support millions crossing the border a year. Schools, healthcare, city services, etc. all get overwhelmed. The tide has to be slowed to a nice , even trickle. And its incredibly unfair to those who come legally & wait in line.