DFJ

concerned_citizen171

agree on small caps and energy (oil). also japan (maybe DFJ, JAPN, SCJ as ETFs to review)

ThreeSupreme

>Delaware Chancery Court Judge Kathaleen McCormick wrote in her ruling agreeing that Musk’s pay package was inappropriately set by Tesla’s board. Umm... This board was kind of stacked in Elon's favor. **Elon Musk Relatives And Friends On Tesla's Board** Elon Musk’s $56 billion pay package was granted by Tesla’s board of directors in 2018. However, a Delaware judge voided this package, ruling that the company’s board of directors failed to prove “that the compensation plan was fair”. The judge found that the process leading to the board’s approval of his compensation was “deeply flawed”. As for the composition of Tesla’s board, it included individuals with close ties to Musk. For instance, one member was Musk’s brother, Kimbal. Another was Antonio Gracias, a chief executive of a private equity firm, who had personal ties with Musk, including vacationing together and attending family events. Other board members were also noted to have personal or business ties to Musk. These relationships have led to criticism and legal challenges regarding the independence of Tesla’s board. In 2018, Tesla’s board of directors consisted of the following nine members: **1. Elon Musk: Chairman** 2. Elon Musk: Tesla’s Chief Executive Officer and co-founder 3. Brad Buss: Served as chief financial officer of solar panel installer SolarCity for two years before retiring in 2016. 4. Robyn Denholm: The first woman to join Tesla’s board, Denholm is chief operations officer of telecom firm Telstra and the ex-CFO of network gear maker Juniper Networks 5. Ira Ehrenpreis: Founder and managing partner of Ehrenpreis venture capital firm DBL Partners, which is an investor in Tesla 6. Antonio Gracias: Lead independent director at Tesla Gracias since 2010. Founder and chief executive officer of Valor Equity Partners 7. Steve Jurvetson: Co-founder of Silicon Valley venture capital firm Draper Fisher Jurvetson 8. Kimbal Musk: Elon Musk’s brother and co-founder of restaurant chain The Kitchen 9. Linda Johnson Rice: First African-American and second woman to join Tesla’s board From the 2018 Tesla board members list, Kimbal Musk, is a relative of Elon Musk. He is Elon Musk’s brother. Also, it’s worth noting that Tesla did acquire SolarCity, a company founded by two of Musk’s cousins. Additionally, Steve Jurvetson and the venture capital firm Draper Fisher Jurvetson (DFJ) did own shares of Tesla stock in 2018. Jurvetson was an early investor in Tesla and served on its board from 2006 to 2020. As for DFJ, it still held 689,676 shares of Tesla according to SEC documents. Regarding Musk’s own voting power, as both CEO and Chairman, Musk held a significant stake in Tesla. In 2018, his ownership stake was reported to be 22.1%. Musk’s voting power came directly from his ownership shares in the company. It’s worth noting that even though Musk did not hold a majority of the shares, he had significant influence and could rally other shareholders to bridge the gap between his ownership stake and majority control.

JeffB1517

I like Japan for valuation. GSJY and DFJ which I'm in not up that much this quarter. I also have broad international developed which hold. Japan. Japanese companies are slowly moving towards focusing on return. Female labor participation rates are rising rapidly. Demographics are bad but many of the profitability problems in Japan are a result of low productivity policies. I comfortably hold but like lots of people I've been burned badly in the past.

Cannanyt

We were all living in DFJ's shadow, wanting our $50K to become $55M, and didn't accept $1M...

harrison_wintergreen

SCHD and VTSAX wouldn't be pointless, but there would be a lot of overlap. They're both dominated by large US companies. look under "portfolio" or "holdings" and you'll see all the stocks in SCHD will also be held in VTSAX. I don't have anything against SCHD, but you'd be doubling up on a lot of large US companies. if the goal is to diversify I'd look at something a little more unorthodox or off the wall so you're more likely to get stocks you don't already have. things like DFJ (Japan high-dividend small cap stocks), GVAL (deep value stocks from Poland, Columbia, Czech Republic, etc, mostly mid-size companies), DVYE (emerging market high-dividend stocks), FNDF (a 'fundamental index' for large foreign companies), a 'master limited partnership' ETF because MLPs trade on the stock market, and some are very large companies, but MLPs are not included in index funds (list of MLP ETFs: https://etfdb.com/etfdb-category/mlps/) if you want to lower the overall beta, there are low-beta EFTs like ACWV. utilities tend to have low beta, as do most bond funds and most 'balanced funds'.

harrison_wintergreen

S&P 500 funds are all gonna be practically identical over the long-haul, because they're all following the same index. Fidelity and Schwab are tied for the cheapest fund that I'm aware of at .02%. FXAIX or SWPPX. FNILX from Fidelity is a large-cap index with zero fee that's very similar to the S&P 500 but as close as they can get without paying a fee to Standard & Poor's. VT is a good option, it's well diversified globally. if you wanted to do more than VT + S&P 500 +target date, i'd recommend (a) a small-cap ETF (VT & S&P 500 are both dominated by large companies) and/or (b) something a little off-the-wall or unusual, so you get a bit of concentrated exposure to something that's not already in VT/S&P 500. ... something like DFJ (Japan small cap dividend stocks) or DVYE (emerging market high-dividend stocks) or GVAL (global deep-value stocks from places like Poland or Columbia that aren't held in VT), or ALTY (alternate income options like covered calls, master limited partnerships, emerging market bonds).

The_Stein_Lives

Plenty of startups need cash infusions. Tesla got one from DFJ. Read about it.