Search found 684 matches

by notsheigetz
Tue Oct 15, 2013 8:21 pm
Forum: Permanent Portfolio Discussion
Topic: Is the PP dead in light of Fama, Hansen and Shiller's "Nobel"
Replies: 25
Views: 8884

Re: Is the PP dead in light of Fama, Hansen and Shiller's "Nobel"

Sounds like an argument for market timing, if one can even make such an argument, doesn't it? A friend of mine who is a financial adviser (translation annuity salesman), tells me that the PP (after I introduced him to it), is like having one foot on the gas and one foot on the brake. So his point i...
by notsheigetz
Tue Oct 15, 2013 8:04 pm
Forum: Other Discussions
Topic: Closing the National Parks
Replies: 2
Views: 1442

Closing the National Parks

I was going to pose this question in the form of a poll but it didn't seem to fit within the limitations of this forum's software. So the question is, do you a favor a law declaring that the National Parks of the United States belong to the people of the United States and cannot be closed to public ...
by notsheigetz
Tue Oct 15, 2013 7:04 pm
Forum: Other Discussions
Topic: The death of JFK and the rewriting of history by the Left
Replies: 3
Views: 2053

Re: The death of JFK and the rewriting of history by the Left

I'm recording and watching "The Kennedy's" on Reelz. Greg Kinnear plays Kennedy. I expected a whitewash of the Kennedy legacy but I think it's been pretty fair so far. Didn't know that when JFK had Dr. Feelgood over to give meth-amphetamine injections, Jackie got in on the action too - if true. Most...
by notsheigetz
Tue Oct 15, 2013 6:30 pm
Forum: Bonds
Topic: So much for the "risk-free" nature of Treasuries
Replies: 231
Views: 36799

Re: So much for the "risk-free" nature of Treasuries

I was just trying to figure out how the act of a government building a canal could result in people being "poorer" — which was KShartle's actual argument that I was trying to refute. If he had simply said that governments are just generally destructive, in a broader sense, I would have agreed with ...
by notsheigetz
Tue Oct 15, 2013 3:44 pm
Forum: Permanent Portfolio Discussion
Topic: Is the PP dead in light of Fama, Hansen and Shiller's "Nobel"
Replies: 25
Views: 8884

Re: Is the PP dead in light of Fama, Hansen and Shiller's "Nobel"

MediumTex wrote: $10 billion?

Are you sure?
Sorry, my mistake.

George Soros was the one with 10 Billion in the article I read. JR, his ex-partner is at a measly 300 milion.
by notsheigetz
Tue Oct 15, 2013 7:57 am
Forum: Permanent Portfolio Discussion
Topic: Is the PP dead in light of Fama, Hansen and Shiller's "Nobel"
Replies: 25
Views: 8884

Re: Is the PP dead in light of Fama, Hansen and Shiller's "Nobel"

If economic conditions are predictable, it's not just the PP that's dead, basically the entire investing world is turned on its head. Ask yourself why the biggest, richest players aren't using this predictive model if it's correct. They don`t? Show me one big player which is currently in gold or lo...
by notsheigetz
Sat Oct 12, 2013 10:11 pm
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 284
Views: 61442

Re: PP investors--stay the course

When you sit on the pot, think about losing everything and be ready.

Buddha say.
by notsheigetz
Sat Oct 12, 2013 8:33 pm
Forum: Bonds
Topic: World top bankers warn of dire consequences if U.S. defaults
Replies: 0
Views: 1504

World top bankers warn of dire consequences if U.S. defaults

http://www.reuters.com/article/2013/10/12/us-usa-fiscal-banks-idUSBRE99B09F20131012 I don't know about the rest of you but these kinds of headlines are starting to have some kind of surreal effect on me like in a Saturday Night Live comedy skit. So the world's top bankers got together and decided t...
by notsheigetz
Sat Oct 12, 2013 8:05 pm
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 284
Views: 61442

Re: PP investors--stay the course

frommi wrote: Error #2: You assume that the Max DD of the PP has occured in the past. But what if it lies in the future and is bigger?
Oh my God! I never even thought of that.
by notsheigetz
Sat Oct 12, 2013 1:15 pm
Forum: Permanent Portfolio Discussion
Topic: PP investors--stay the course
Replies: 284
Views: 61442

Re: PP investors--stay the course

I can see where it's appealing to follow in the footsteps of someone like WB who has amassed a fortune of 60 billion dollars but with that much money a major stock market crash probably isn't going to have much effect on his retirement plan. I wish I lived in that universe but I don't which is why I...
by notsheigetz
Sat Oct 12, 2013 8:20 am
Forum: Other Discussions
Topic: Nothing HAS to happen?
Replies: 16
Views: 2055

Re: Nothing HAS to happen?

I think I'll stick with HB's original saying. Even if it's true that if we keep going in the same direction we will end up in the place we predict, there is no way to know whether we will keep going in that direction or not and worrying about it will drive you crazy. As for the MR adherents in the f...
by notsheigetz
Sat Oct 12, 2013 7:52 am
Forum: Other Discussions
Topic: GRAVITY
Replies: 22
Views: 6327

Re: GRAVITY

SPOILER ALERT!!! I'm not completely sure that Sandra Bullock didn't die at some point after her hallucination of George Clooney making it back.  Such a hallucination would be consistent with a person dying, and much of what happened afterward seemed a little less believable than what came before.  ...