Comments on: Is Rich Dad the Great Black Swan Hunter? http://www.doughroller.net/investing/is-rich-dad-the-great-black-swan-hunter/ Money Management and Personal Finance | The Dough Roller Sat, 21 Nov 2009 01:10:27 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Dan at Everydayfinance http://www.doughroller.net/investing/is-rich-dad-the-great-black-swan-hunter/comment-page-1/#comment-1142 Dan at Everydayfinance Fri, 12 Oct 2007 02:41:56 +0000 http://www.doughroller.net/2007/09/28/is-rich-dad-the-great-black-swan-hunter/#comment-1142 I read an item with him in Businessweek where he advocated keeping 95% of your holdings in TIPS (Gee, thanks for the 2% return matching inflation!) and the other 5% in way out of the money index call options; the thought being that in down markets, you'll break even, but in up markets, you'll make a killing when your out of the money calls come into the money, assuming the return outpaced the premium priced in when you purchased and they didn't expire yet. I haven't modeled this historically yet (as you could practically back into a good model to prove the theory, so I'd have to do it randomly), as I've modeled other quantitative plays, but it is interesting, have to give him that. I'm glad I didn't entertain it this year though, killing in internationals and tech. I read an item with him in Businessweek where he advocated keeping 95% of your holdings in TIPS (Gee, thanks for the 2% return matching inflation!) and the other 5% in way out of the money index call options; the thought being that in down markets, you’ll break even, but in up markets, you’ll make a killing when your out of the money calls come into the money, assuming the return outpaced the premium priced in when you purchased and they didn’t expire yet.

I haven’t modeled this historically yet (as you could practically back into a good model to prove the theory, so I’d have to do it randomly), as I’ve modeled other quantitative plays, but it is interesting, have to give him that.

I’m glad I didn’t entertain it this year though, killing in internationals and tech.

]]> By: DR http://www.doughroller.net/investing/is-rich-dad-the-great-black-swan-hunter/comment-page-1/#comment-1020 DR Mon, 01 Oct 2007 00:34:25 +0000 http://www.doughroller.net/2007/09/28/is-rich-dad-the-great-black-swan-hunter/#comment-1020 Shadox, I agree with you. I actually found some value in Rich Dad, Poor Dad, but it's been downhill ever since. Shadox, I agree with you. I actually found some value in Rich Dad, Poor Dad, but it’s been downhill ever since.

]]> By: shadox http://www.doughroller.net/investing/is-rich-dad-the-great-black-swan-hunter/comment-page-1/#comment-1019 shadox Sun, 30 Sep 2007 23:58:23 +0000 http://www.doughroller.net/2007/09/28/is-rich-dad-the-great-black-swan-hunter/#comment-1019 With all due respect to Mr. Kyosaki, that guy is a fraud. I only read Rich Dad, Poor Dad but I was so underwhelmed by its mediocraty that I made up my mind up him right then and there. I thought his advice was simply horrible. In his book he actually goes as far as to advise people not to diversify. Seriously. With all due respect to Mr. Kyosaki, that guy is a fraud. I only read Rich Dad, Poor Dad but I was so underwhelmed by its mediocraty that I made up my mind up him right then and there. I thought his advice was simply horrible. In his book he actually goes as far as to advise people not to diversify. Seriously.

]]> By: Moolanomy weekly roundup #10: “Best of M-Network” edition | Moolanomy http://www.doughroller.net/investing/is-rich-dad-the-great-black-swan-hunter/comment-page-1/#comment-1018 Moolanomy weekly roundup #10: “Best of M-Network” edition | Moolanomy Sun, 30 Sep 2007 13:02:29 +0000 http://www.doughroller.net/2007/09/28/is-rich-dad-the-great-black-swan-hunter/#comment-1018 [...] Dough Roller (RSS) presents Is Rich Dad the Great Black Swan Hunter? — good advice…do your [...] [...] Dough Roller (RSS) presents Is Rich Dad the Great Black Swan Hunter? — good advice…do your [...]

]]> By: PFJournal http://www.doughroller.net/investing/is-rich-dad-the-great-black-swan-hunter/comment-page-1/#comment-1016 PFJournal Sun, 30 Sep 2007 00:44:23 +0000 http://www.doughroller.net/2007/09/28/is-rich-dad-the-great-black-swan-hunter/#comment-1016 I was really impressed with Taleb from Fooled by Randomness and look forward to this new one. I agree, Koyasaki and his ilk would do well to pay more respect to uncertainty. I was really impressed with Taleb from Fooled by Randomness and look forward to this new one. I agree, Koyasaki and his ilk would do well to pay more respect to uncertainty.

]]> By: plonkee http://www.doughroller.net/investing/is-rich-dad-the-great-black-swan-hunter/comment-page-1/#comment-1012 plonkee Fri, 28 Sep 2007 20:42:56 +0000 http://www.doughroller.net/2007/09/28/is-rich-dad-the-great-black-swan-hunter/#comment-1012 Black swans. Yes. Kiyosaki. No. Nuff said. Black swans. Yes.

Kiyosaki. No.

Nuff said.

]]> By: Good to Go Pile . . . « Trading for the Masses http://www.doughroller.net/investing/is-rich-dad-the-great-black-swan-hunter/comment-page-1/#comment-1011 Good to Go Pile . . . « Trading for the Masses Fri, 28 Sep 2007 18:21:39 +0000 http://www.doughroller.net/2007/09/28/is-rich-dad-the-great-black-swan-hunter/#comment-1011 [...] Is Rich Dad the Great Black Swan Hunter? [...] [...] Is Rich Dad the Great Black Swan Hunter? [...]

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