Honestly, what really interests me is the idea of getting together a conference of PP adherents once we gather enough members.

Maybe Craig and/or Tex would be willing to make a comeback for such a thing.

Really though, it would be like a Bogleheads conference but BETTER.

Why do financial authors all seem to have a penchant for quoting classic texts like this?

Ben Graham, too, had lots of quotes from Horace, Virgil, and the like. I believe Burton Malkiel has a few as well.

Thanks for the thoughts, fellows. It strikes me as interesting how fragile the seeming stability of one's home really is. It really doesn't take much -- just one event, just one knock away from equilibrium to turn a person's entire life upside down. What's worse, a return to normality is never guara...

I'm busy at work so I won't be able to expound on this quite as much as I'd like to, but I figured I'd make a post about this before it slipped my mind. The recent events in Hong Kong have made it abundantly clear that the PP and its "all weather" philosophy to investment (and even life!) is as rele...

My overall personal take is that the U.S. is currently in the same situation the British were in before the two World Wars. A financial and hegemonic powerhouse of the world slowly losing its influence, only to have it abruptly drop off due to some type of systemic event. A kind of punctuated equili...

ochotona wrote: ↑

Thu Nov 14, 2019 1:21 pm

Smith1776 wrote: ↑

Thu Nov 14, 2019 1:18 pm

Keep that gold close, my friends.

Keep the gold close, and the lead closer.

That's the best prepper tagline I've ever heard.

You'd better copyright that before someone takes it!

As far as I'm concerned, I think it's the endgame for the current U.S. monetary regime as well as U.S. dollar hegemony. The arithmetic of the budget deficits, without even including the off balance sheet stuff, militates strongly against any possibility of continued solvency. And there is no politic...

Current allocation, which I'm HOPING is now permanent -- it is the permanent portfolio after all, right? ;D :o Digital PP: 25% T-bills 25% Long term government bonds 15% Gold 5% Silver 5% Total world market cap weight equity 5% Global value fund 5% Canadian SCV 5% U.S. SCV 5% International SCV 5% Em...

If you split up your equity allocation with different tilts, then at least you minimize your exposure to the most expensive stocks to only part of your portfolio.

Diversification!

ILIZA'S NEXT SPECIAL IS ALMOST OUT! YAAAASSSSS!!!

https://youtu.be/ATDhYdHbvc0

Some billionaires are worthy targets of scrutiny and even ridicule. Gates isn't one of them. The man is using his wealth for insane good, and is pledging to use it for vaccines, saving lives, and helping the poorest of the poor. Warren is off the mark here. Gates made his fortune by serving society....

Fully one fifth of the equity portfolio of my portfolio is invested in emerging markets. Emerging markets SCV to be exact. Emerging markets are riskier than developed markets. And markets are very efficient. It stands to reason that the market will then price emerging market stocks to have higher ex...