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Has anyone else been paying attention to this long time Seeking Alpha battle between growth and DGI investors?
There's one particular growth investor that has been, well, kicking a$$ the last 10 to 12 years in the market, has developed quite the following even though he doesn't post blogs/articles anymore
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(10-24-2021, 01:15 PM)rayray Wrote: Has anyone else been paying attention to this long time Seeking Alpha battle between growth and DGI investors?
There's one particular growth investor that has been, well, kicking a$$ the last 10 to 12 years in the market, has developed quite the following even though he doesn't post blogs/articles anymore
I am interested, any more details (ink?)
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Haven't noticed anything in particular. It hasn't even been a fair fight unless you cherry pick the years.
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https://seekingalpha.com/instablog/69776...t-90451825
here you go Niles
it's been going on for years, as10675, use to write his own blogs/articles--he would occasionally post his fidelity account with a screen shots
he didn't fight the market and went with the flow, been following him for quite a while--he would make a comment on one of the DGI articles and get into these knock-down arguments with his posts usually getting deleted--in fact if i remember correctly that's why he started writing his own blogs/articles cause it was like certain DGI guru's were banning as10675 comments, just a comment of his would get deleted
he had big issues with chowder and pendragonY
currently, as10675 has developed a pretty good following in his comment section where he has nicknames for all his nemesis's, chowder is the soupman or something like that--i have a hard time figuring out who's whi concerning the nicknames--he won't tell you
for the record as10675 and buyandhold2012 are my favorite posters on seeking alpha
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Buy and hold is a character. He has
obscenely large positions in some of the stocks he dripped for 50 years.
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concerning as10675, if you go to the beginning he started off with the typical retirement/utes/pipelines/dividend players investments early on but changed when he was seeing his principle eroding
if i remember correctly he retired or started managing his own investments right after the great recession--a great time to do so for anyone
another guy i use to follow until he went to a pay-to-view format was Dividend Growth Investor, he had a great blog on the net--he was another guy that delved into the market in 2008, turned into great success
this reminds me, i got banned from DividendMantra, he got huffy about some couple buying their dream home for 1.3 to 2mil (can't remember), said no one needs a home like that and there should be housing limits in place etc etc etc--i said something like if that's their dream they deserve it--he got a little upset--i said something like we live in a free society, and if you make it you have the right to spend it anyway--he went off on me then blocked/banned me--you'd swear the couple was buying a 50 million dollar mega-mansion--the house wasn't even crazy extravagant from what i remember--plus the last time i checked we live in a capitalist society
anyways, there's always been a growth vs value debate but SA as their own DGI vs Growth thing going on between a few people, it's interesting
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Same general attitude in the late 90s. Dividend stocks were for the elderly. No price was too high to pay for growth stocks.
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(10-25-2021, 06:28 AM)fenders53 Wrote: Same general attitude in the late 90s. Dividend stocks were for the elderly. No price was too high to pay for growth stocks.
correct, i'm more in the middle, i've personally witnessed a few people get very wealthy buying and holding dividend payers throughout the years--not yield chasing--have to stress that one
imho, a consistent plan is more important, a viable financial plan and sticking to it works well--flip/flopping hurts many portfolio's, cause those that flip-flop plans typically do so at the worst possible time to do so
it took me 20 plus years to see the benefits of investing, i'm at a time in life where i'm seeing the biggest moves (in either direction) with the portfolio--the first ten years maybe the first 13 years was like treading water no matter what i did, most of that time i was in mutual funds and etf, low cost funds--some people think investing in etf's/mutual funds is magic to make money, well, no not really, one can get hammered big time in those investments too
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10-25-2021, 07:23 AM
(This post was last modified: 10-25-2021, 07:25 AM by fenders53.)
(10-25-2021, 07:04 AM)rayray Wrote: (10-25-2021, 06:28 AM)fenders53 Wrote: Same general attitude in the late 90s. Dividend stocks were for the elderly. No price was too high to pay for growth stocks.
correct, i'm more in the middle, i've personally witnessed a few people get very wealthy buying and holding dividend payers throughout the years--not yield chasing--have to stress that one
imho, a consistent plan is more important, a viable financial plan and sticking to it works well--flip/flopping hurts many portfolio's, cause those that flip-flop plans typically do so at the worst possible time to do so
it took me 20 plus years to see the benefits of investing, i'm at a time in life where i'm seeing the biggest moves (in either direction) with the portfolio--the first ten years maybe the first 13 years was like treading water no matter what i did, most of that time i was in mutual funds and etf, low cost funds--some people think investing in etf's/mutual funds is magic to make money, well, no not really, one can get hammered big time in those investments too
I did this weird. Growth investing for 25 years. Some DGI before and very recently. I tangled with some yield traps through the years. I agree if you are going to make moves it can't be impulsive. I have a couple stocks I'd love to dump at the open and move it to tech. That would likely end bad. And if you own enough stocks you effectively own an index ETF. Nobody is spared in a big downturn.
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I remember that guy now. His EGO is a little much for my reading pleasure but he isn't really wrong to engage some of those guys. They oversell their agenda.
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10-25-2021, 08:45 AM
(This post was last modified: 10-25-2021, 08:47 AM by rayray.)
(10-25-2021, 07:43 AM)fenders53 Wrote: I remember that guy now. His EGO is a little much for my reading pleasure but he isn't really wrong to engage some of those guys. They oversell their agenda.
i think there's a lot of ego's in play
in the beginning his questions were legitimate but when the post deleting started, it was game on
idk, if you're going to write articles you have to take legitimate questions, if not, well, i can't take that point of view serious--i like seeing all sides of something
that was part of the reason why he posted screen shots of his portfolio and dared some of these others to do the same--they wouldn't do it
i remember feeling bad for pendragonY when they were going back and forth
chowder on the other hand, his ego too, forgetaboutit, didn't feel sorry for him
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(10-25-2021, 08:45 AM)rayray Wrote: (10-25-2021, 07:43 AM)fenders53 Wrote: I remember that guy now. His EGO is a little much for my reading pleasure but he isn't really wrong to engage some of those guys. They oversell their agenda.
i think there's a lot of ego's in play
in the beginning his questions were legitimate but when the post deleting started, it was game on
idk, if you're going to write articles you have to take legitimate questions, if not, well, i can't take that point of view serious--i like seeing all sides of something
that was part of the reason why he posted screen shots of his portfolio and dared some of these others to do the same--they wouldn't do it
i remember feeling bad for pendragonY when they were going back and forth
chowder on the other hand, his ego too, forgetaboutit, didn't feel sorry for him
It took some time to find a few SA authors I trust. If you aren't careful you'll find confirmation bias there, or a troll battle if you like. We don't have the skillset of 500 authors here but there is plenty of experience, and we are mostly transparent. I know who is good at DD or trading. Who is drawn to the FOMO, and who is overly cautious. I honestly hope everyone here reaches financial independence. You don't get that everywhere on the net.
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