This is really cool, but it would be more useful (IMO) with the following changes:
- Have all comparisons start at 0 - Ditch the log scale
Show HN: Inflation-adjusted stock charts – Total Real Returns
241–250 of 279 posts
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#242Earlier quoted context omitted.
Actually I'm heartened to see people defending religion on HN. Tithing to a church you truly belong to is probably a better use of your money, even purely by personal benefit, than tithing Wall Street. I hope that I've introduced some of those ideas in the text by making a negative comparison to the church. But yes; it was sloppy and possibly interpreted as disparaging of religious practice itself, so for that I apol…
You might be even more heartened to know that one of the top most and highly respected computer scientist, Donald Knuth, is ardently religious. The contrast between his works that is extraordinarily precisely well reasoned after decades of thinking and his complete submission to ancient religion where logical reasoning is not all that welcome, is absolutely a thing to behold. It makes me marvel at complexity and perh…
Is it really all that surprising? I’m a fairly spiritual person, and work with logic and reasoning every day.
I like to think about this kind of stuff for fun and one of my answers to this is that if you like fiction, you are able to suspend disbelief at will (whether aware of it or not). I think faith requires disbelief and trust to work. Without disbelief, you will question, and without trust, you’ll undermine.
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#243Earlier quoted context omitted.
I liked your explanation but you undermine your write up by discussing something you clearly have no business discussing: >> People tithe and sacrifice to their church for a promise of rewards in the afterlife. This is a fundamental misunderstanding of tithing and I’m not going to get into that at the moment, but it makes me consider if you are discussing other things in your write up that you don’t have experience w…
>> People tithe and sacrifice to their church for a promise of rewards in the afterlife. > This is a fundamental misunderstanding of tithing and I’m not going to get into that at the moment... I'll explain some from a fairly classic Protestant perspective. This was literally what started the Protestant Reformation. Martin Luther was horrified that the Church was essentially attempting to sell salvation via indulgence…
When you selected Martin Luther as your mental leader, have you been aware of his antisemitism?
https://en.wikipedia.org/wiki/Martin_Luther_and_antisemitism
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#244This period has been very special because of the 401k, which is itself part of the growth story of the corporate legal structure. I think this is coming to an end. Corporate boards and officers no longer represent the best long-term interests of the companies and shareholders they represent. It’s also a very precarious legal status as an arbitrary judicial ruling can make or break a company. Finally, and perhaps most…
> cash flows from working class into the stock market will eventually hit equilibrium with capital extraction from the owner class What? The working class becomes owners when they buy shares.
I don’t think this is the case in any meaningful way, especially through the 401k mechanism, as participants are forced to delegate their ownership rights to the fund manager, which is yet another layer of dysfunctional fiduciary abstraction. The latest set of developments here are the fiduciary duties to ESG, which was intended to align long-term interests of fund participants and fund managers, but has been warped into a tool for fund managers to control investment flows arbitrarily by ESG ratings rather than by passive market indicators. It’s easy to see how this could be abused in a scenario like the listing and then de-listing Tesla in the ESG index. Smaller private equity funds can nimbly adapt to front-run the bigger funds even without prior knowledge of the rating change. This does not rule out the possibility of either prior knowledge or purposeful manipulation; easy to do and hard to prove.
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#245This period has been very special because of the 401k, which is itself part of the growth story of the corporate legal structure. I think this is coming to an end. Corporate boards and officers no longer represent the best long-term interests of the companies and shareholders they represent. It’s also a very precarious legal status as an arbitrary judicial ruling can make or break a company. Finally, and perhaps most…
> People tithe and sacrifice to their church for a promise of rewards in the afterlife. You… you may want to post some receipts on this, or perhaps edit your comment
It’s commonly taught this way in the historical context of religious conquest and reformation, which may or may not be accurate for some population in some period of time, but is probably a lazy approximation that historical populations were ignorant and simplistic. My understanding is limited, but specifically that the term is not commonly used today outside of certain traditional churches (I have been to some). I used it to invoke the historical imagination where one may consider their actions in the perspective of a larger timeline where someone else may be studying them. But it’s certainly touched a nerve and distracted from some of the points I was trying to make. Or perhaps it was so vapid that there’s nothing else to discuss. Either way, I’d like to know.
You may notice this response as less apologetic than the first few times this accusation was levied. That doesn’t mean I regard it as any less accurate, but as I see it again, I try to address different aspects as there must have been something lacking to warrant repetition. One thing I’ve noticed is that none of the accusations have bothered to provide a specific correction. Perhaps you should consider starting with the assumption that people want to do well by you and improve their understanding of the things that are important to you, but cannot do that without your participation.
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#246Earlier quoted context omitted.
>> People tithe and sacrifice to their church for a promise of rewards in the afterlife. > This is a fundamental misunderstanding of tithing and I’m not going to get into that at the moment... I'll explain some from a fairly classic Protestant perspective. This was literally what started the Protestant Reformation. Martin Luther was horrified that the Church was essentially attempting to sell salvation via indulgence…
When you selected Martin Luther as your mental leader, have you been aware of his antisemitism? https://en.wikipedia.org/wiki/Martin_Luther_and_antisemitism
> When you selected Martin Luther as your mental leader
That's not what I got from the post at all. Historically Martin Luther is extremely significant, and as that's as far as I can see why OP referenced him. And frankly, it's not very useful to apply modern norms to historical figures. I get the same vibe from your post as "Did you know Thomas Jefferson owned slaves? And raped Sally Heming? Clearly it was non-consensual because of their master-slave relationship."
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#247Earlier quoted context omitted.
When you selected Martin Luther as your mental leader, have you been aware of his antisemitism? https://en.wikipedia.org/wiki/Martin_Luther_and_antisemitism
> When you selected Martin Luther as your mental leader That's not what I got from the post at all. Historically Martin Luther is extremely significant, and as that's as far as I can see why OP referenced him. And frankly, it's not very useful to apply modern norms to historical figures. I get the same vibe from your post as "Did you know Thomas Jefferson owned slaves? And raped Sally Heming? Clearly it was non-conse…
It is very important to apply modern norms to historical figures - to better understand the past and how misaligned ideas / movements / behaviors from the past can be in the present.
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#248Earlier quoted context omitted.
Principal should be adjusted for inflation. If I invest $10k and the investment is worth $11k today but we’ve experienced 10% inflation in that time then my actual profit is 0 and I should pay no tax on the $1k of proceeds.
Why should investors get an inflation shield that wage-workers don't?
I support minimum wages adjusting for inflation. Keep in mind most wage workers don’t pay taxes. And in fact actually receive credits which give them more back than they paid in. I’m not against that but it should be considered. If anything, include an inflation credit.
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#249Earlier quoted context omitted.
Are "buy" and "live in a car" the only two options?
You can rent, but that's money wasted. The longer you rent, the longer you didn't invest. Also rents are higher than mortgage payments, making it worse.
I really hate this mindset. I rented for about a decade. Renting allowed me to bounce around from job to job in various cities and grow my career. Had I owned houses during that time I would have lost money due to the transaction cost overhead. I was also not responsible for any upkeep, which I'm not well suited for anyway. Oh and I absolutely did invest. My money was simply invested in the stock market which had a far higher rate of return than the housing market.
I own today, but I'm well ahead of most of my peers that bought houses right out of college.
Re: Show HN: Inflation-adjusted stock charts – Total Real Returns
#250Earlier quoted context omitted.
> cash flows from working class into the stock market will eventually hit equilibrium with capital extraction from the owner class What? The working class becomes owners when they buy shares.
I don’t think this is the case in any meaningful way, especially through the 401k mechanism, as participants are forced to delegate their ownership rights to the fund manager, which is yet another layer of dysfunctional fiduciary abstraction. The latest set of developments here are the fiduciary duties to ESG, which was intended to align long-term interests of fund participants and fund managers, but has been warped…
> I don’t think this is the case in any meaningful way, especially through the 401k mechanism, as participants are forced to delegate their ownership rights to the fund manager
Administration rights, not ownership. And 401k's, with all their issues, are still one of the best investments a worker can make.