Search found 6 matches

by TomWexler
Sat Jan 21, 2023 6:12 am
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 523
Views: 241463

Re: Golden Butterfly Portfolio

To any holders of the GB, or anyone really, what is your review of its performance in 2022, and how do you see it going forwards? How did it do vs the PP?
by TomWexler
Sat Sep 03, 2022 12:22 am
Forum: Permanent Portfolio Discussion
Topic: Interesting site on the PP/Risk Parity
Replies: 3
Views: 1176

Re: Interesting site on the PP/Risk Parity

Ack, I should have shared him earlier on here. It's interesting how he got to his 30 stock / 50 ITT split / 20 gold. Jem is a good dude, on the Rational Reminders forum. There are only two or three of us risk parity folks on that place (they're all about factors, stocks, and leverage), so its nice ...
by TomWexler
Tue Aug 16, 2022 2:08 am
Forum: Variable Portfolio Discussion
Topic: Synthesis of the PP and GB portfolios
Replies: 21
Views: 1780

Re: Synthesis of the PP and GB portfolios

Hi, I'm sure this has been mentioned before, but I've found an interesting synthesis of the Permanent Portfolio and the Golden Butterfly. I love the simplicity of the PP, but I'm not a fan of LTTs even though I know the arguments in their favor (liability matching, especially as TIPS, and bond conv...
by TomWexler
Sat Aug 13, 2022 11:02 pm
Forum: Variable Portfolio Discussion
Topic: Synthesis of the PP and GB portfolios
Replies: 21
Views: 1780

Re: Synthesis of the PP and GB portfolios

For what its worth, my PP/GB inspired portfolio is split 6 ways in order to include international stocks as one of the equal parts to go with the GB I think some home country bias is justified, especially since the US is currently 60% of the equities market, but I'd like some direct exposure to the...
by TomWexler
Sat Aug 13, 2022 1:05 pm
Forum: Variable Portfolio Discussion
Topic: Synthesis of the PP and GB portfolios
Replies: 21
Views: 1780

Re: Synthesis of the PP and GB portfolios

FWIW, my retirement allocation is also about 50% stocks, GB inspired So, I think overall looks fine I'd probably avoid international (Gold kinda provides some of that diversification) And, I'm Meh on TIPS. No cash, high on stocks, low on duration -- I'd keep bonds focused on the bond role in the po...
by TomWexler
Fri Aug 12, 2022 10:49 pm
Forum: Variable Portfolio Discussion
Topic: Synthesis of the PP and GB portfolios
Replies: 21
Views: 1780

Synthesis of the PP and GB portfolios

Hi, I'm sure this has been mentioned before, but I've found an interesting synthesis of the Permanent Portfolio and the Golden Butterfly. I love the simplicity of the PP, but I'm not a fan of LTTs even though I know the arguments in their favor (liability matching, especially as TIPS, and bond conve...