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money:class [2019/04/11 09:16]
admin
money:class [2019/06/05 17:56] (current)
admin
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 +===== Class #2 =====
 +I would like to run another <​basics>​ session. What does next week look like? I’ll try for Friday.
 +
 +  * What is a mutual fund?
 +
 +  * What is an index fund? How can it beat >50% of active investment money, guaranteed? Should I try to pick stocks myself?
 +
 +  * Should I focus on paying off my house first or just pay interest and invest in the stock market instead?
 +
 +  * Any other questions that come up
 +=== Index Funds ===
 +Why are they so recommended?​ It's not necessarily for the typical reasons.
 +  * The clearest explanation I've found of why they outperform is on this series in Philosophical Economics: http://​www.philosophicaleconomics.com/​2016/​05/​passive/,​ http://​www.philosophicaleconomics.com/​2016/​05/​followup/,​ http://​www.philosophicaleconomics.com/​2016/​05/​indexville/,​ http://​www.philosophicaleconomics.com/​2016/​05/​passiveactive/​
 +
 +
 +Be wary of the tradeoff you're making when you give up your time in researching looking for outperformance. ​
 +
 +However, Mohnish Pabrai gave some points in his talk to new investment manager wannabees in China: {{youtube>​9tGjXPhnp-s?​medium}}
 +  * Easy to get outperformance in micro cap stocks. Not many analysts are on them, and they'​re too small for big fish like Pabrai Funds or Buffett to use.
 +  * 
 +
 +===== Class #1 =====
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   * Q/A class   * Q/A class
  
money/class.1554999385.txt.gz · Last modified: 2019/04/11 09:16 by admin