Rick Nott, CFA

Different

[Rick Nott, CFA @_iamnott]

The entire point of having money is to not think about money.

[Michael Arrington 🏴‍☠️ @arrington]

Its so interesting that car dealerships don't really want to sell new cars for cash any more. They are laser focused on the financing option and get visibly frustrated when you say you just want to give them money and get a car and that's the whole transaction.

[Rick Nott, CFA @_iamnott]

@PolitBirojs @honest_math You’re right. But I’m not talking about market value but possible methods of arriving at intrinsic value.

[Evan @StockMKTNewz]

“People are careful with their money when they buy a refrigerator or plane ticket. But they hear about a stock on a bus and they'll put 5k, 10k behind it” - Peter Lynch

[Rick Nott, CFA @_iamnott]

@honest_math Link: https://t.co/0p1W1ET01H

[Rick Nott, CFA @_iamnott]

Would love to know your thoughts on this article from CFA institute. The production cost is closest to traditional fundamentals Ive seen. I find BTC interesting because theres no other asset (land, gold maybe) that can be used as a timeline to measure comparable inflation adjusted value (fixed or decreasing denominator).

[Rick Nott, CFA @_iamnott]

@markcecchini 100% true! Though I’m increasingly seeing couples with completely separate finances.

[Rick Nott, CFA @_iamnott]

@xTRYB_Media Just wrong.

[Rick Nott, CFA @_iamnott]

@chamath At its core, without all the things everyone has mentioned that are not actually the sport, It’s boring. Scoring is too frequent and comes too easily compared to other sports. It’s like watching two people exchange blows in a pillow fight.

[Rick Nott, CFA @_iamnott]

@T_Gatzemeier 👍 I’m still amazed how many people ignore such a powerful account because of 1) a perception of income limitations or 2) an oversimplified calculation of present vs future tax rates. It’s so much more than that.

[Rick Nott, CFA @_iamnott]

@grzczyk @CFPBoard Bizarre

[Rick Nott, CFA @_iamnott]

incredible day at the #pacificairshow #USA

[Yang Tang @yangtang]

Introducing @ArchIndices Portfolio Analyzer

These are portfolio tools for investors to build, analyze, and optimize their portfolios to meet their goals

https://t.co/yA6oIXVgLl

[Chris Bakke @ChrisJBakke]

At my hedge fund, I pay an analyst to walk around parks in Austin, SF, and NY and ask these people who are tanning at 2pm on a Tuesday where they work.

We then short the stock.

We’re up 728% this year.

[Rick Nott, CFA @_iamnott]

@markcecchini With all of the red tape, regulation and ERISA laws around 401ks, it’s incredible how bad their investment choices can be.

[Rick Nott, CFA @_iamnott]

@MeasureTwiceMNY Nailed it. I would add that realistically there are so many variables that go into a plan, it’s biggest value is navigating around known big risks & opportunities (ie change in income, scenarios or taxes) and less about actual future dollar outcomes. The future is unknowable.

[Douglas A. Boneparth @dougboneparth]

banks: we must destroy bitcoin

also banks: we will be offering a bitcoin etf

[Rick Nott, CFA @_iamnott]

@FiSurgi And will they be aware of all this in advance?

[Rick Nott, CFA @_iamnott]

👇

[Navalism @NavalismHQ]

"My definition of wisdom is knowing the long-term consequences of your actions."

@naval

[Vivek Ramaswamy @VivekGRamaswamy]

It’s time to stop saying “People of Color.”

It’s meaningless to classify people by skin color.  It needlessly pits “whites” against “nonwhites.”

In the USA, we are Americans. Period.

[HonestMath.com @honest_math]

Both things are true:

1. You should get to know your clients.

2. When folks like Ramsey broadcast to millions that $1M safely supports an $80K/yr inflation-adjusted perpetuity, a swift and thoughtful rebuke from experts on the technicalities is both appropriate and necessary.