Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MIBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of MIBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Investment Strategies / Mechanical Investing
Unthreaded | Threaded | Whole Thread (44) |
Author: Mark19   😊 😞
Number: of 6131 
Subject: Re: A mechanical strategy
Date: 03/25/23 8:04 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
Thank you Anchak.

It would just be one more task to keep track of, so I am glad it does not work.

Over the decades now, I have seen so many strategies that seem to work and then when you try them they stop working, or they never worked. The latest is Saul's board. It worked so incredibly well and now is getting hammered.

I heard an interview with Aswath Damoderan and he talked about someone on his death bed, who used fancy charts all his life, and someone comes in and says 'You know, if you had just bought and held spy, you would have done 1/2% better per annum.' The guy looked at him and said, 'True, but I had much more fun with my charts.'

I am starting to believe that is what investing is really about. We have fun coming up with new techniques, learn the different companies, but don't do much better than just owning some ETFs.

And more to the point, if we have fun, it does not matter.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Mark19 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 6,115 posts about Mechanical Investing. The article-length ones it recommended most:
Dividend investing · 52 recs · 2025
Non-Mag7 screen · 34 recs · 2025
OT - Div yields and returns · 32 recs · 2024
Using AI to generate backtesting programs · 30 recs · 2025
Rankings for 19Dec2022 · 29 recs · 2022
Unthreaded | Threaded | Whole Thread (44) |


Announcements
Mechanical Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of MI | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community