If you have a perksatwork account, you can get a thinkpad with those specs for about $1.2k. During national holidays it goes for under $1k.

https://www.lenovo.com/us/en/p/laptops/thinkpad/thinkpadp/le...

External dedicated GPU enclosure. Turns a Thunderbolt-3 laptop into a workstation for CAD & AI workflows.

I love my old Thinkpad, but its old nvidia is not enough for blender. How's the performance of your setup? Could you share the exact model & gpu you are using?

Shame that Apple Silicon Macbooks are not able to take advantage of dedicated GPUs.

The cash sweep program at ibkr is FDIC insured up to $2.5M, plus $250k SIPC.

ICS and CDARS cash sweep is FDIC insured across 2000 banks.

Also consider direct buying treasuries with a segregated custodial account.

PSA: Outside of stat arb and heavily leveraged market making with teams of PhDs, 60% annualized CAGR doesn't exist. In the real world, anything above 10% over the long-term (in-sample over 50 years), is extremely likely to be spurious and won't repeat.

None of the retail brokers (including ibkr) do this correctly, although ibkr is probably the best for retail. Their cross-margining for futures options doesn't work (since the options are treated as "securities" and the futures are treated as "commodities", they treat them as segregated accounts).

They do handle multi-legged options trading, and implement SPAN correctly within the futures space. Portfolio Margining is not always correct (they don't implement customer portfolio margin baskets right), and be aware that margin can *and does* change drastically, particularly during financial crisis.

https://www.federalreserve.gov/econres/feds/an-empirical-ana... (p38-45).

Sure, equal weight split between SPY, EFA, EEM, VNQ.

7.7% real return with 17.7% vol vs 7.1% real return with 17.1% vol.

Sharpe for equal weight: 0.435; Sharpe for SPY: 0.415

True for strong-form EMH but not for semi-strong or weak.

Not necessarily true; if you got a mark on copper futures in Europe then you would expect the best American copper futures bid/ask to change fast. Updating bid/ask doesn't require trading.

It requires active participants in the market.

Emerging and international developed markets performed extremely well last year. Part of the under-performance this year is from the US dollar rising.

On an enterprise value basis the US looks more expensive than both international and emerging markets[1].

[1] https://allocatesmartly.com/asset-allocation-roundup-2/?aff=...

Title is misleading, "Animal spirits" is a phrase used by John Maynard Keynes to refer to exuberance. https://en.wikipedia.org/wiki/Animal_spirits_(Keynes)