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135 points holman | 5 comments | | HN request time: 0s | source
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mason55 ◴[] No.45764374[source]
A 10% tender offer isn't really an interesting discussion. You should take definitely take 10% off the table unless you're already pretty wealthy.

The interesting discussion is how much you should take off the table if the offer is uncapped.

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1. toomuchtodo ◴[] No.45764629[source]
> The interesting discussion is how much you should take off the table if the offer is uncapped.

50% for security, let the remaining 50% run. We can spend countless hours modeling the risk and return delta of various percentages and against non correlated asset classes you might diversify into once liquid, but most of life is luck; you can do everything right and still lose. This makes it easy, imho.

(not investing advice, just a rando, n=1)

Edit: noir_lord indeed! Good eye. https://www.youtube.com/watch?v=1TCX90yALsI

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2. noir_lord ◴[] No.45764862[source]
> you can do everything right and still lose.

ST:TNG fan? - That was an important lesson for me as a kid.

“It is possible to commit no mistakes and still lose. That is not a weakness; that is life.” - Picard

3. fencepost ◴[] No.45765060[source]
Another voice in favor of "money today good" (though not from personal experience).

I'd even go so far as to recommend putting that money specifically into things that promote your long-term economic stability, e.g. is it enough to let you buy a home that's going to have monthly expenses below what you're paying in rent? There's plenty of economic uncertainty out there right now, but I feel confident in one thing: Even if the entire economy goes into the crapper rent will not go down. In addition the real estate market is pretty soft right now because of uncertainty, so if you're in a position to purchase that may let you basically lock in your monthly housing costs for a decade or more.

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4. toomuchtodo ◴[] No.45765076[source]
https://www.youtube.com/watch?v=XamC7-Pt8N0 (NSFW language, first 45 seconds is the relevant part)
5. ◴[] No.45766052[source]