Search found 15 matches

by Redbird
Thu Nov 07, 2019 4:24 pm
Forum: Skills & Tools Questions
Topic: Best method to sharpen a knife?
Replies: 24
Views: 4301

Re: Best method to sharpen a knife?

I posted this in a different thread. I like this method:

How to Sharpen a Knife | Paul Sellers
https://www.youtube.com/watch?v=bailuQUh2mY
by Redbird
Fri Oct 18, 2019 9:41 am
Forum: Money Questions
Topic: Better Asset Allocation?
Replies: 34
Views: 5809

Re: Better Asset Allocation?

I was wondering whether those of you who have already quit your jobs changed your asset allocation after "retiring". In other words, did you switch from an accumulation strategy to a capital preservation strategy? As I get closer to quitting I worry that my allocation is too aggressive (95% equities...
by Redbird
Wed Oct 16, 2019 3:31 pm
Forum: Money Questions
Topic: Why Index Funds Are Like Subprime CDOs
Replies: 121
Views: 13329

Re: Why Index Funds Are Like Subprime CDOs

I'm not sure if this is the right thread, and I'm not taking a position. Just offering this as food for thought:

https://global-macro-monitor.com/2019/1 ... arket-run/
by Redbird
Mon Oct 14, 2019 3:43 pm
Forum: Resources & Recommended Reading
Topic: Resources and recommend watching
Replies: 254
Views: 89443

Re: Resources and recommend watching

How to Sharpen a Knife | Paul Sellers

https://www.youtube.com/watch?v=bailuQUh2mY
by Redbird
Wed Oct 09, 2019 10:21 am
Forum: Transportation Questions
Topic: Why The US Will Never Have High-Speed Rail
Replies: 20
Views: 3484

Re: Why The US Will Never Have High-Speed Rail

Correct, the landowners are the primary opposition. Also, it has so far survived attempts by the Texas Legislature to kill it. https://www.texastribune.org/2019/04/25/could-texas-high-speed-rail-hit-speed-bump-session/ https://www.texastribune.org/2019/05/15/texas-bullet-train-avoids-possible-delays...
by Redbird
Wed Oct 09, 2019 9:33 am
Forum: Transportation Questions
Topic: Why The US Will Never Have High-Speed Rail
Replies: 20
Views: 3484

Re: Why The US Will Never Have High-Speed Rail

Texas High-Speed Rail:

https://www.texascentral.com/project/

I would like to see it succeed, but it faces a great deal of opposition. Interestingly, it's entirely privately funded.
by Redbird
Thu Oct 03, 2019 1:54 pm
Forum: Money Questions
Topic: Yields and Flows
Replies: 87
Views: 9084

Re: Yields and Flows

I'm reminded of an old Scott Adams (of Dilbert fame) blog post.

Goals vs Systems: https://www.scottadamssays.com/2013/11/ ... s-systems/
by Redbird
Wed Oct 02, 2019 4:44 pm
Forum: Money Questions
Topic: Yields and Flows
Replies: 87
Views: 9084

Re: Yields and Flows

@classical_Liberal You absolutely hit the nail on the head in your second paragraph and articulated what I am indeed intuiting. I suppose I just need to decide what to do about it and move forward. I know holding back/waiting until conditions are perfect is fear-based, and I like the leap of faith a...
by Redbird
Wed Oct 02, 2019 9:49 am
Forum: Money Questions
Topic: Yields and Flows
Replies: 87
Views: 9084

Re: Yields and Flows

@classical_Liberal I agree, there's a lot of great stuff in that book. I had to put it down frequently to digest the sentence/paragraph/concept I just read. @oldbeyond and @7Wannabe5 I haven't gone down the permaculture rabbit hole yet! I'm definitely intrigued, though. So far my gardening has been ...
by Redbird
Tue Oct 01, 2019 8:26 am
Forum: Money Questions
Topic: Yields and Flows
Replies: 87
Views: 9084

Re: Yields and Flows

If I understand this discussion correctly, I think this would be another good example of level 6:

https://blog.lostartpress.com/2016/05/0 ... rd-part-1/

https://blog.lostartpress.com/2016/05/0 ... rd-part-2/
by Redbird
Tue Oct 01, 2019 8:09 am
Forum: Money Questions
Topic: Yields and Flows
Replies: 87
Views: 9084

Re: Yields and Flows

I read The Fifth Discipline and found it thought-provoking. I especially liked the chapter on Personal Mastery but found the rest difficult to apply as I don't normally think of myself as a large organization. :D
by Redbird
Thu Sep 26, 2019 9:44 pm
Forum: Money Questions
Topic: Yields and Flows
Replies: 87
Views: 9084

Re: Yields and Flows

Thank you, everyone, for the thoughtful replies and great discussion. Very much appreciated. black_son_of_gray, those were excellent examples and make a lot of sense and, Jacob, per your suggestion I re-read chapters 5 and 7. I think I'm starting to "get it", at least, intellectually. Applying it is...
by Redbird
Wed Sep 25, 2019 2:15 pm
Forum: Money Questions
Topic: Yields and Flows
Replies: 87
Views: 9084

Yields and Flows

Greetings! After going over the ERE Wheaton levels, I believe that I'm at level 5 (Optimization) and that if I could get to level 6 (Yields and Flows), I could quit my job right now. But, I'm not sure I grasp what Yields and Flows looks like. Are there any additional examples that illustrate this le...
by Redbird
Wed Sep 25, 2019 1:46 pm
Forum: Skills & Tools Questions
Topic: How to get started in woodworking (book recommendation)
Replies: 14
Views: 2164

Re: How to get started in woodworking (book recommendation)

For hand tool woodworking, "The Essential Woodworker" by Robert Wearing is a great place to start: https://lostartpress.com/collections/books/products/the-essential-woodworker For tool selection, "The Anarchist Tool Chest" by Chris Schwarz (one of the co-founders of Lost Art Press): https://lostartp...