Elon Musk, the richest man in the world, has a net worth of approximately $1.4 trillion,
The second richest person, Larry Page, holds a net worth of around $302 billion.
The difference between the two is roughly $1.1 trillion.
If you have $1, you are closer to the second richest person in the world than the second richest person is to Elon Musk.
As a Kenyan voter, I would be concerned that a "promising" presidential candidate cannot control his own people. How would we expect him to deal with corruption if he cannot deal with small issues.
My opinion as a neutral is that on Maraga's side, maybe he listened to the other party and thought the problem should have been addressed in-house but you had already left.
On Shakira's side, I get why she feels betrayed by Maraga who should have taken the matter seriously.
You have already decided that I am a liar and that my intentions are malicious.
When something as straightforward as a timeline cannot be communicated accurately, it becomes clear that facts are not the priority here.
Instead of questioning the leadership failures that left women in that campaign vulnerable and inadequately protected, you choose to point fingers at the woman who is harmed for daring to raise concerns about women’s safety and dignity.
But hata sijui nakuambia nini. You campaigned enthusiastically for Ruto, which already suggests a level of judgment that is fundamentally flawed.
So please, leave me alone.
Can’t Tame Us. 🦁
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🔥 "A Quantitative Approach to Tactical Asset Allocation" UNA GEMA ESTE PAPER La estrategia que estaba en cash antes de 2000, 2008 y 2020
Mebane Faber lo publicó en el Journal of Wealth Management 2007. La idea es así de simple: cada fin de mes mirás si el precio del activo está arriba o abajo de su media móvil de 10 meses. Si está arriba, mantenés la posición. Si está abajo, salís a cash
La regla aplicada a 5 asset classes desde 1972:
- S&P 500 (acciones US)
- MSCI EAFE (acciones internacionales)
- GSCI (commodities)
- NAREIT (REITs)
- 10-year US Treasuries (bonos largos)
Construyó un portfolio equally-weighted entre las 5 con la regla aplicada a cada una
Los resultados del portfolio tácticamente gestionado vs buy-and-hold:
- Equity-like returns con bond-like volatility
- Más de 35 años consecutivos de retornos positivos
- Drawdowns dramáticamente menores que cada asset class individual
- Sidesteps de bear markets prolongados
- Performance comparable a hedge fund indices
Por qué funciona: las tendencias persisten más tiempo del que el mercado eficiente predice, especialmente a horizontes mensuales. Saltarte solo los peores meses de un bear market preserva capital para los rebotes
La crítica honesta: en bull markets sostenidos como 2010-2020, el modelo subperforma al buy-and-hold porque sale y entra con cierta frecuencia generando whipsaw. El edge se nota en crisis (2000, 2008, 2020)
Mi conclusión: es de los papers más prácticos que vas a leer. Una regla, 5 ETFs, rebalanceás una vez por mes, y reducís dramáticamente el riesgo de drawdown sin sacrificar mucho retorno. Zarattini, Pagani y Gabriel acaban de actualizar los resultados a marzo 2025 y siguen sosteniéndose
Link al paper primer comentario
@CFC_Jazz@justcfc Barcola is a Madueke with better dribbling ik he confuses people who watch TikTok edits but I do watch a lot of PSG matches. There is a reason he hasn't displaced Kvara from the starting 11
When you start making good money, save it. Especially in the beginning. Save as much as you can. You'll desire things. New car, new watch, designer clothes to show the world you made it. And dumb philosophies will try to justify it. YOLO, life is short. Don't pay attention. Don't change anything. Save for a few years. And one day you'll notice, the urgency is gone. The anxiety... gone. You go to a restaurant, and you stop looking at the right side of the menu. You plan a holiday and you don't wait 3 weeks for cheap flights. Someone made you an offer that doesn't feel right, and you say no without thinking twice. That's what happens when you overcome instant gratification. It will give you peace to move at your own pace. A little patience, that's all you need. And it will give you something that no material object can ever match: a calm nervous system.
Hate how as a Kenyan, everyday feels like we are parenting Kipchirchir through his presidency because he's a toddler that wants to mess up everything.
It's all "Wacha!" "Usiguze hio" "Usiuze hio" "Usiibe hio" "Usikule pesa ya education" "Nisikupate na terrorists" for fucks sake!