All well and good but large language models (LLMs) aren’t necessarily pulling from the relatively manicured gardens of information that statistical/actuarial models do. LLMs pull from sources like Reddit threads and other online content—which are often bastions of the “inferior human judgment” you referenced above. Hence my concern when you apply the term “superiority” to AI. Can AI be helpful? Yes. (Especially when trained on the appropriate content.) Is it superior? Well, query an LLM and check its referenced sources yourself.
Thank you, but “superiority” would imply that AI actually did that—and did that consistently. Maybe someday the word will apply, but Dennis merely raised an interesting situation where AI bested one urgent care PA.
Those year-end episodes were indeed extra special, weren’t they Nick? Mr. Rukeyser had such a smart way of putting everything in perspective. Linda, I wish I could have seen your family dance to the theme music!
Wall $treet Week holds a special place in my heart as well. Ironic as it may sound, hearing all those esteemed Wall Street wizards left me with an overall impression that the emperor has no clothes. Broad Index funds made even more sense to me after watching the show regularly.
There’s certainly nothing wrong with simple, especially if you are guiding others. Perhaps it would be worthwhile to consider their investments holistically rather than in isolation. What are they already holding in tax-advantaged accounts and elsewhere? Taking a total portfolio approach that looks at asset allocation across all accounts might enable them to have a single tax-efficient ETF/fund in taxable (perhaps a total stock market or total world fund) and further diversify/tilt in tax-advantaged accounts.
If you don’t like what he’s serving, don’t order it. Mr. Quinn has been part of the Humbledollar menu for many, many years. Though maybe not to everyone’s taste, he’s at least enthusiastically contributing. Maybe it would be more “productive” if folks brought their own experiences to the table rather than trying to “challenge” Mr. Quinn. After all, variety is the spice of life!
Why would “everyone” answer yes? The questionnaire you link to does not mention mutual funds (or stock of companies that hold crypto for that matter), only ETFs. And if you select the item that mentions ETFs, the result tells you to reply “no” to the question.
Comments
All well and good but large language models (LLMs) aren’t necessarily pulling from the relatively manicured gardens of information that statistical/actuarial models do. LLMs pull from sources like Reddit threads and other online content—which are often bastions of the “inferior human judgment” you referenced above. Hence my concern when you apply the term “superiority” to AI. Can AI be helpful? Yes. (Especially when trained on the appropriate content.) Is it superior? Well, query an LLM and check its referenced sources yourself.
Post: AI vs. Urgent Care: Guess Who Got It Right?
Link to comment from August 29, 2025
Thank you, but “superiority” would imply that AI actually did that—and did that consistently. Maybe someday the word will apply, but Dennis merely raised an interesting situation where AI bested one urgent care PA.
Post: AI vs. Urgent Care: Guess Who Got It Right?
Link to comment from August 29, 2025
I’m confused. What “superiority of AI” are you referring to?
Post: AI vs. Urgent Care: Guess Who Got It Right?
Link to comment from August 29, 2025
He would say “don’t make it any more complicated than it is.” https://youtu.be/ETrZX5Ojx_E
Post: Hedge funds, venture capital. private equity, etc. in a 401k. BAD IDEA!
Link to comment from August 8, 2025
Those year-end episodes were indeed extra special, weren’t they Nick? Mr. Rukeyser had such a smart way of putting everything in perspective. Linda, I wish I could have seen your family dance to the theme music!
Post: My Money Memories
Link to comment from August 8, 2025
Wall $treet Week holds a special place in my heart as well. Ironic as it may sound, hearing all those esteemed Wall Street wizards left me with an overall impression that the emperor has no clothes. Broad Index funds made even more sense to me after watching the show regularly.
Post: My Money Memories
Link to comment from August 8, 2025
There’s certainly nothing wrong with simple, especially if you are guiding others. Perhaps it would be worthwhile to consider their investments holistically rather than in isolation. What are they already holding in tax-advantaged accounts and elsewhere? Taking a total portfolio approach that looks at asset allocation across all accounts might enable them to have a single tax-efficient ETF/fund in taxable (perhaps a total stock market or total world fund) and further diversify/tilt in tax-advantaged accounts.
Post: VG Portfolio Suggestions for Taxable Account
Link to comment from July 22, 2025
If you don’t like what he’s serving, don’t order it. Mr. Quinn has been part of the Humbledollar menu for many, many years. Though maybe not to everyone’s taste, he’s at least enthusiastically contributing. Maybe it would be more “productive” if folks brought their own experiences to the table rather than trying to “challenge” Mr. Quinn. After all, variety is the spice of life!
Post: A new challenge for RDQ
Link to comment from June 25, 2025
Can we all just get along?
Post: A new challenge for RDQ
Link to comment from June 25, 2025
Why would “everyone” answer yes? The questionnaire you link to does not mention mutual funds (or stock of companies that hold crypto for that matter), only ETFs. And if you select the item that mentions ETFs, the result tells you to reply “no” to the question.
Post: Cryptocurrency in a 401(k)?
Link to comment from June 11, 2025