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ESRogs comments on A Guide to Rational Investing - Less Wrong
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You mentioned at your talk that you were leveraged well past 100% of your net worth in equities. Can you elaborate on how you came to make that decision? As far as I can see, the only source of money at a reasonable rate that I can easily invest is margin, and that comes with both a 1.5-2% interest rate and the risk of margin calls, which makes me nervous. (In addition, I'm not so confident that I would be psychologically capable of making good decisions if such a really huge volatility happens to me.)
What's your thought process about that like?
As an additional data point, I am currently using that strategy with interactive brokers. My justification is that I'm still young and can afford to take risks. To construct the portfolio, I created a small wealthfront.com IRA account, and then replicated it in IB (with some slight tweaks) using portfolio margin for leverage.