TJ Terwilliger
@tj-terwilliger.bsky.social
Finance and investing. I like shareholder yield however I can get it, and no-brainers.
Find more of my writing at:
https://www.compoundingdividends.net
https://tjterwilliger.substack.com/
Find more of my writing at:
https://www.compoundingdividends.net
https://tjterwilliger.substack.com/
Reminder:
Stocks are re-priced every second, but investing is a long-term game.
Stocks are re-priced every second, but investing is a long-term game.
November 27, 2025 at 2:03 PM
Reminder:
Stocks are re-priced every second, but investing is a long-term game.
Stocks are re-priced every second, but investing is a long-term game.
Which AI models hallucinate the most?
h/t @VisualCap
h/t @VisualCap
November 26, 2025 at 2:02 PM
Which AI models hallucinate the most?
h/t @VisualCap
h/t @VisualCap
Charlie Munger's 25 Cognitive Biases
November 26, 2025 at 11:58 AM
Charlie Munger's 25 Cognitive Biases
“My only plan is to keep coming to work each day. I like to steer the boat each day rather than plan ahead way into the future.”
- Henry Singleton
- Henry Singleton
November 25, 2025 at 5:59 PM
“My only plan is to keep coming to work each day. I like to steer the boat each day rather than plan ahead way into the future.”
- Henry Singleton
- Henry Singleton
What if US stocks are expensive because of basic supply and demand?
Americans' retirement assets grew from $3.3T to $44.3T (2013-2022).
Meanwhile, the number of publicly listed companies dropped from 8,000 to 4,400.
More money chasing fewer companies = higher prices.
Americans' retirement assets grew from $3.3T to $44.3T (2013-2022).
Meanwhile, the number of publicly listed companies dropped from 8,000 to 4,400.
More money chasing fewer companies = higher prices.
November 25, 2025 at 12:04 PM
What if US stocks are expensive because of basic supply and demand?
Americans' retirement assets grew from $3.3T to $44.3T (2013-2022).
Meanwhile, the number of publicly listed companies dropped from 8,000 to 4,400.
More money chasing fewer companies = higher prices.
Americans' retirement assets grew from $3.3T to $44.3T (2013-2022).
Meanwhile, the number of publicly listed companies dropped from 8,000 to 4,400.
More money chasing fewer companies = higher prices.
Watch comparing yourself to others - you'll never win that game, and you won't even have any fun!
November 24, 2025 at 6:02 PM
Watch comparing yourself to others - you'll never win that game, and you won't even have any fun!
I'll never forget the month my dividend income hit $60.
Not because it was a lot of money.
But because it covered my internet bill.
That's when everything changed.
Not because it was a lot of money.
But because it covered my internet bill.
That's when everything changed.
November 24, 2025 at 2:02 PM
I'll never forget the month my dividend income hit $60.
Not because it was a lot of money.
But because it covered my internet bill.
That's when everything changed.
Not because it was a lot of money.
But because it covered my internet bill.
That's when everything changed.
Compounding is slow at first.
Then it’s magic.
Wait for the magic.
Then it’s magic.
Wait for the magic.
November 23, 2025 at 2:02 PM
Compounding is slow at first.
Then it’s magic.
Wait for the magic.
Then it’s magic.
Wait for the magic.
7. Bear markets are opportunities.
Warren Buffett in the middle of the 2008 crisis:
"I feel like an oversexed man in a harem."
Warren Buffett in the middle of the 2008 crisis:
"I feel like an oversexed man in a harem."
November 22, 2025 at 8:57 PM
7. Bear markets are opportunities.
Warren Buffett in the middle of the 2008 crisis:
"I feel like an oversexed man in a harem."
Warren Buffett in the middle of the 2008 crisis:
"I feel like an oversexed man in a harem."
6. Preparing for corrections is more expensive than the actual correction
November 22, 2025 at 8:57 PM
6. Preparing for corrections is more expensive than the actual correction
5. The larger the crash, the higher the returns for the next 5 years
November 22, 2025 at 8:57 PM
5. The larger the crash, the higher the returns for the next 5 years
4. You make more in bull markets than you lose in bear markets
November 22, 2025 at 8:57 PM
4. You make more in bull markets than you lose in bear markets
3. Twenty bear market quotes
November 22, 2025 at 8:57 PM
3. Twenty bear market quotes
2. Bear markets are opportunities
November 22, 2025 at 8:57 PM
2. Bear markets are opportunities
1. Buy when the media is talking about a stock crash.
If you invested in the S&P500 every time CNBC reported that the stock market was in turmoil, your average return after 1 year is 40% with a 100% win rate.
If you invested in the S&P500 every time CNBC reported that the stock market was in turmoil, your average return after 1 year is 40% with a 100% win rate.
November 22, 2025 at 8:57 PM
1. Buy when the media is talking about a stock crash.
If you invested in the S&P500 every time CNBC reported that the stock market was in turmoil, your average return after 1 year is 40% with a 100% win rate.
If you invested in the S&P500 every time CNBC reported that the stock market was in turmoil, your average return after 1 year is 40% with a 100% win rate.
The S&P is down less than 2% in a month, yet it feels like the Great Depression in here. Most of you aren't ready for what a real bear market looks like.
7 must-see visuals to prepare your mind (and portfolio) for a true bear market, so you can buy the bottom instead of selling it 👇
7 must-see visuals to prepare your mind (and portfolio) for a true bear market, so you can buy the bottom instead of selling it 👇
November 22, 2025 at 8:57 PM
The S&P is down less than 2% in a month, yet it feels like the Great Depression in here. Most of you aren't ready for what a real bear market looks like.
7 must-see visuals to prepare your mind (and portfolio) for a true bear market, so you can buy the bottom instead of selling it 👇
7 must-see visuals to prepare your mind (and portfolio) for a true bear market, so you can buy the bottom instead of selling it 👇
Equity Research Interview Questions
November 21, 2025 at 10:27 PM
Equity Research Interview Questions
Traders VS Dividend investors RN
November 21, 2025 at 7:17 PM
Traders VS Dividend investors RN
10. Hold on to your losers
Hoping a bad stock will bounce back can cost you.
Sometimes it’s better to cut your losses and move on.
Hoping a bad stock will bounce back can cost you.
Sometimes it’s better to cut your losses and move on.
November 21, 2025 at 1:31 PM
10. Hold on to your losers
Hoping a bad stock will bounce back can cost you.
Sometimes it’s better to cut your losses and move on.
Hoping a bad stock will bounce back can cost you.
Sometimes it’s better to cut your losses and move on.
9. Panick during market drops
Selling in a panic when prices drop locks in losses.
Staying calm and patient is key for long-term success.
Selling in a panic when prices drop locks in losses.
Staying calm and patient is key for long-term success.
November 21, 2025 at 1:31 PM
9. Panick during market drops
Selling in a panic when prices drop locks in losses.
Staying calm and patient is key for long-term success.
Selling in a panic when prices drop locks in losses.
Staying calm and patient is key for long-term success.
8. Time the market
Predicting market highs and lows is nearly impossible.
Staying invested is usually a safer bet.
Predicting market highs and lows is nearly impossible.
Staying invested is usually a safer bet.
November 21, 2025 at 1:31 PM
8. Time the market
Predicting market highs and lows is nearly impossible.
Staying invested is usually a safer bet.
Predicting market highs and lows is nearly impossible.
Staying invested is usually a safer bet.
7. Chase past winners
Just because a stock did well before doesn’t mean it will again.
Yesterday's winners can be tomorrow’s losers.
Just because a stock did well before doesn’t mean it will again.
Yesterday's winners can be tomorrow’s losers.
November 21, 2025 at 1:31 PM
7. Chase past winners
Just because a stock did well before doesn’t mean it will again.
Yesterday's winners can be tomorrow’s losers.
Just because a stock did well before doesn’t mean it will again.
Yesterday's winners can be tomorrow’s losers.
6. Ignore fees and costs
High fees eat into your returns over time.
Always check the costs of buying and selling.
High fees eat into your returns over time.
Always check the costs of buying and selling.
November 21, 2025 at 1:31 PM
6. Ignore fees and costs
High fees eat into your returns over time.
Always check the costs of buying and selling.
High fees eat into your returns over time.
Always check the costs of buying and selling.
5. Trusting your friends' advice
Your friends might mean well but can be wrong.
Do your own research before following them.
Your friends might mean well but can be wrong.
Do your own research before following them.
November 21, 2025 at 1:31 PM
5. Trusting your friends' advice
Your friends might mean well but can be wrong.
Do your own research before following them.
Your friends might mean well but can be wrong.
Do your own research before following them.