Search found 41 matches

by johnnywitt
Sat Nov 28, 2020 11:54 am
Forum: Permanent Portfolio Discussion
Topic: BelangP & PP
Replies: 12
Views: 630

Re: BelangP & PP

Out of all the popularized portfolios in the market of investment ideas, I don't really know of one that is more "black swan proof" than the PP. The biggest challenge with the PP is just getting people to accept it and stick with it. Gold makes people nervous. Long treasury bonds make people nervou...
by johnnywitt
Sat Nov 28, 2020 11:48 am
Forum: Permanent Portfolio Discussion
Topic: BelangP & PP
Replies: 12
Views: 630

Re: BelangP & PP

A Black Swan proof portfolio doesn't exist any more than a magic unicorn that shits diamonds. There are, however, portfolios that are extremely prudent as Howard Marks always likes to say. I guess most on here tend to agree that the PP is one of those portfolios, but there are at least 3 others tha...
by johnnywitt
Mon Nov 23, 2020 6:08 pm
Forum: Gold
Topic: Goldman Sachs acquired AAAU
Replies: 16
Views: 1230

Re: Goldman Sachs acquired AAAU

Sherlock wrote:
Tue Oct 13, 2020 6:04 pm
What is the next best alternative? IAU? PHYS?
SGOL?
by johnnywitt
Mon Nov 23, 2020 6:04 pm
Forum: Gold
Topic: Eagles / Buffalos vs Lady Fortuna’s
Replies: 13
Views: 419

Re: Eagles / Buffalos vs Lady Fortuna’s

Just got a beautiful Lady Fortuna 50g bar with PAMP Veriscan (so it’s easy to verify) - is there any reason why this easily verifiable gold would be less liquid than an eagle / buffalo. Also is there any legal difference between a bar and an Eagle / Buffalo? Yes, it would most likely fetch less bec...
by johnnywitt
Mon Nov 23, 2020 5:52 pm
Forum: Permanent Portfolio Discussion
Topic: BelangP & PP
Replies: 12
Views: 630

Re: BelangP & PP

A Black Swan proof portfolio doesn't exist any more than a magic unicorn that shits diamonds. There are, however, portfolios that are extremely prudent as Howard Marks always likes to say. I guess most on here tend to agree that the PP is one of those portfolios, but there are at least 3 others that...
by johnnywitt
Mon Nov 23, 2020 5:36 pm
Forum: Bonds
Topic: LTT & HARRY BROWNE: Doug Casey Opines
Replies: 17
Views: 556

Re: LTT & HARRY BROWNE: Doug Casey Opines

The part about switching out LTT’s for T bills starts at 3 minutes in. https://youtu.be/GI5iUvrHhQ0 Yeah, so I was constrained for time. He also elaborates more towards the end of the VLOG as well, but it is pretty much a reiteration. My motive was just to get it out there for informational purpose...
by johnnywitt
Mon Nov 23, 2020 5:32 pm
Forum: Permanent Portfolio Discussion
Topic: HB Actually Did Disavow Growth Stocks In The PP
Replies: 8
Views: 450

Re: HB Actually Did Disavow Growth Stocks In The PP

To answer what HB would have said privately is pretty easy actually- Harry would've said VP. Now the as to the PP the resounding question is: what would Harry have done with the LTT component of the PP??? Would he have advocated that, at least temporarily, someone substitute STT or just all T Bills...
by johnnywitt
Sat Nov 21, 2020 10:52 am
Forum: Permanent Portfolio Discussion
Topic: HB Actually Did Disavow Growth Stocks In The PP
Replies: 8
Views: 450

Re: HB Actually Did Disavow Growth Stocks In The PP

To answer what HB would have said privately is pretty easy actually- Harry would've said VP. Now the as to the PP the resounding question is: what would Harry have done with the LTT component of the PP??? Would he have advocated that, at least temporarily, someone substitute STT or just all T Bills ...
by johnnywitt
Sat Nov 21, 2020 10:49 am
Forum: Bonds
Topic: Switching from TLT to TIPS
Replies: 4
Views: 417

Re: Switching from TLT to TIPS

Go ahead and buy fire insurance from the arsonists. >:D
by johnnywitt
Sat Nov 21, 2020 10:47 am
Forum: Bonds
Topic: LTT & HARRY BROWNE: Doug Casey Opines
Replies: 17
Views: 556

LTT & HARRY BROWNE: Doug Casey Opines

Doug Casey was a friend of Harry's and he has a great YouTube Channel with Michael Smith that would be of interest to many subscribers here. Doug opines on the LTT component of the PP here on Youtube: Doug Casey's Take (ep. #41) Friday AMA: Ayahuasca, Most Exotic Country, Buying Property... The bit ...
by johnnywitt
Fri Nov 20, 2020 5:45 pm
Forum: Permanent Portfolio Discussion
Topic: HB Actually Did Disavow Growth Stocks In The PP
Replies: 8
Views: 450

Re: HB Actually Did Disavow Growth Stocks In The PP

I also don't think HB would want his opinions to turn into dogma. I think he would want people to think for themselves. His thoughts and opinions evolved over the years, which goes to show they were not some rigid set of rules that cannot change based on new information. We all have the ability to ...
by johnnywitt
Sun Nov 15, 2020 4:20 pm
Forum: Permanent Portfolio Discussion
Topic: HB Actually Did Disavow Growth Stocks In The PP
Replies: 8
Views: 450

HB Actually Did Disavow Growth Stocks In The PP

I'm sorry that I missed Harry's disavowal of Growth Stocks. It was because it was in one of his last "Moneytalk" Shows entitled "John & Harry Cover the Silver Story" Part I available on YT on "The Harry Browne Archives". I never watched this episode because I didn't plan on investing in silver. I le...