Search found 55 matches

by ArthurPooh
Tue Apr 23, 2024 12:38 pm
Forum: Permanent Portfolio Discussion
Topic: I do not undestand the theory behind international PP at all
Replies: 27
Views: 23968

Re: I do not undestand the theory behind international PP at all

For anyone who might have been interested in my thoughts here and on the other thread : the final allocation we have decided on and are investing in right now is: 50% developed country stocks (in which 25% large and mid-cap and 25% small cap), 25% cash, 25% gold. Minor details still to be ironed out...
by ArthurPooh
Sun Apr 14, 2024 9:30 am
Forum: Politics
Topic: Taxes
Replies: 25
Views: 766

Re: Taxes

Pointedstick wrote: Sat Apr 13, 2024 11:08 am So maybe this whole "we pay half of our money to the government!" meme is a bunch of baloney pushed by people trying to make you mad and turn off your brain so you'll make bad decisions that just so happen to serve their purposes.
What are some examples of these bad decisions?
by ArthurPooh
Tue Apr 09, 2024 11:27 am
Forum: Politics
Topic: Taxes
Replies: 25
Views: 766

Re: Taxes

Jack Jones wrote: Tue Apr 09, 2024 4:36 am When born under such conditions, it seems like non-participation and retreating to the frontier is the best you can do.
And yet people still roll their eyes when I talk about colonizing Antarctica...
by ArthurPooh
Sun Apr 07, 2024 12:16 am
Forum: Politics
Topic: Occupied Land acknowledgements
Replies: 16
Views: 801

Re: Occupied Land acknowledgements

I can't believe I was vaguely aware of this song (as in I recognize the tune) yet I've never associated it with Australia or any political themes. "Give it back" is a quite creepy line. And it seems somewhat grotesque to me that such a song is sung by a guy who looks like elderly Reinhard...
by ArthurPooh
Sun Apr 07, 2024 12:08 am
Forum: Gold
Topic: Zimbabwe announces return to the gold standard
Replies: 5
Views: 436

Re: Zimbabwe announces return to the gold standard

Is it redeemable for USD and gold, or what? Apparently it's not redeemable for gold. It's supposedly "backed" by USD and gold. I think after the Zim dollar failed there have been two supposedly USD-pegged currency systems already and they did not stay pegged for too long. This seems like ...
by ArthurPooh
Sat Apr 06, 2024 2:17 pm
Forum: Gold
Topic: Why the big move in gold?
Replies: 78
Views: 76306

Re: Why the big move in gold?

But back to my main point. Looking for a reliable site for the "real" rate of inflation, not the official CPI-U rate (which I would be heartened to hear is actually accurate). An alternative explanation of the CPI not reflecting the true inflation rate is the suppression of purchasing pow...
by ArthurPooh
Fri Apr 05, 2024 3:52 pm
Forum: Permanent Portfolio Discussion
Topic: Investments Versus Liquidity
Replies: 3
Views: 337

Re: Investments Versus Liquidity

Lets consider investments to be money we give to other people in the hope that it grows, and liquidity to be the money we set aside to ensure we can meet our day to day obligations “whatever the future brings”. From this lens, stocks are investments and bonds, cash, and gold are about liquidity, ri...
by ArthurPooh
Fri Apr 05, 2024 3:44 pm
Forum: Politics
Topic: Occupied Land acknowledgements
Replies: 16
Views: 801

Re: Occupied Land acknowledgements

I can't believe I was vaguely aware of this song (as in I recognize the tune) yet I've never associated it with Australia or any political themes. "Give it back" is a quite creepy line. And it seems somewhat grotesque to me that such a song is sung by a guy who looks like elderly Reinhard...
by ArthurPooh
Fri Apr 05, 2024 12:54 pm
Forum: Politics
Topic: Occupied Land acknowledgements
Replies: 16
Views: 801

Re: Occupied Land acknowledgements

When did acknowledging that your institution is on “Located on Occupied and Unceeded XYZ Ancestral Homelands” become a thing? Is it anything other than empty virtue signaling? I have yet to encounter this. What are examples of this? From Perth Mint's website: Acknowledgement of Country: We acknowle...
by ArthurPooh
Sun Mar 31, 2024 4:47 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 239
Views: 124747

Re: BTC in the PP

You have a "deep storage" multi-sig wallet that you almost never touch that you treat like a vault, the keys held by multiple professional trusted third parties that will only provide access to you. You have a self-custodied wallet that you treat as an account for the purpose of making an...
by ArthurPooh
Sat Mar 30, 2024 4:52 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 239
Views: 124747

Re: BTC in the PP

I have an counterargument to the whole Bitcoin Standard narrative that I have never seen stated online and yet it seems like it should be fairly obvious. Warning: this will be somewhat long (if still shorter than the Moldbug article posted above) and I will talk about gold. A lot. First, let's state...
by ArthurPooh
Sat Mar 30, 2024 1:12 am
Forum: Variable Portfolio Discussion
Topic: A history lesson for our crypto trolls
Replies: 24
Views: 4523

Re: A history lesson for our crypto trolls

What are the best ways for those fleeing Ukraine or China to move wealth In case of Ukraine, it's buying $100 bills (along with other hard currencies) for any price, hiding them well and hoping you still have some left after Slovakian/Polish/Hungarian/Romanian border guards are done with you. You w...
by ArthurPooh
Sun Mar 24, 2024 1:37 pm
Forum: Variable Portfolio Discussion
Topic: Private equity
Replies: 2
Views: 256

Re: Private equity

How can a regular person even invest in private equity? I don't know about the UK, but if I'm correct in the US you need to be an accredited investor (high net worth and/or high income) to be allowed to invest in these funds.
by ArthurPooh
Fri Mar 22, 2024 6:35 am
Forum: Variable Portfolio Discussion
Topic: Moonshots
Replies: 20
Views: 8240

Re: Moonshots

dualstow wrote: Thu Mar 21, 2024 8:40 pm Anyone for Toast/TOST?
Not a moonshot, just a variable portfolio stock, but it doesn’t warrant its own thread.
I've expected a company with this name to be a chain of bakeries or pastry shops.
by ArthurPooh
Fri Mar 22, 2024 6:33 am
Forum: Stocks
Topic: Small Cap Value vs US Total Stock Market
Replies: 19
Views: 5959

Re: Small Cap Value vs US Total Stock Market

Buffett can tour a factory and get insider info. He defines value as great companies that are underpriced. Guru quants eg Asness & Arnott define value as bad/underperforming based on a few metrics like price to book. We are competing with millions of investors poring over public data online, da...
by ArthurPooh
Wed Mar 20, 2024 11:38 am
Forum: Permanent Portfolio Discussion
Topic: PP as Emergency Fund / Income Source
Replies: 8
Views: 743

Re: PP as Emergency Fund / Income Source

This also helps answer the Permanent Portfolio sizing question. When your PP is large enough to deliver enough US Dollars to cover your mortgage each month for the next 12 months, that's a certain level of financial stability and peace of mind. Once your PP grows large enough to deliver your curren...
by ArthurPooh
Wed Mar 20, 2024 11:09 am
Forum: Permanent Portfolio Discussion
Topic: PP as Emergency Fund / Income Source
Replies: 8
Views: 743

Re: PP as Emergency Fund / Income Source

This also helps answer the Permanent Portfolio sizing question. When your PP is large enough to deliver enough US Dollars to cover your mortgage each month for the next 12 months, that's a certain level of financial stability and peace of mind. Once your PP grows large enough to deliver your curren...
by ArthurPooh
Wed Mar 20, 2024 10:56 am
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 239
Views: 124747

Re: BTC in the PP

Does it contain anything that already wasn't included within Moldbug's article that started the whole "Bitcoin as a store of value" argument? I didn't know the name Moldbug until you just mentioned it. Is it this article? https://www.unqualified-reservations.org/2013/04/bitcoin-is-money-b...
by ArthurPooh
Tue Mar 19, 2024 12:25 pm
Forum: Variable Portfolio Discussion
Topic: BTC in the PP
Replies: 239
Views: 124747

Re: BTC in the PP

The interesting thing about this, is that in the long run, it might not matter much how much you have, just as long as you have some. I personally don’t care about the difference between being a billionaire or a trillionaire. This is exactly how I bought. Just threw some tiny cash into it and walke...
by ArthurPooh
Sat Mar 16, 2024 10:58 am
Forum: Stocks
Topic: Why Value?
Replies: 24
Views: 985

Re: Why Value?

What I mean is, if you individually bought and held the Magnificent 7, you would of course get dinged when one of them invariably slides. If you buy the total market, some unknown that you never would have thought to buy is going to grow to become part of the next favored group, the Fantabulous 8. ...
by ArthurPooh
Sat Mar 16, 2024 9:45 am
Forum: Stocks
Topic: Why Value?
Replies: 24
Views: 985

Re: Why Value?

What I mean is, if you individually bought and held the Magnificent 7, you would of course get dinged when one of them invariably slides. If you buy the total market, some unknown that you never would have thought to buy is going to grow to become part of the next favored group, the Fantabulous 8. ...
by ArthurPooh
Sat Mar 16, 2024 9:32 am
Forum: Stocks
Topic: Why Value?
Replies: 24
Views: 985

Re: Why Value?

The pure TSM allocation is of course almost 100% mega-cap growth companies. the 50:50 TSM/SCV is split almost exactly evenly between small, mid and large cap companies. Now of course that's a massive tilt to SCV but once could certainly see why a risk-averse investor might not want to have their en...
by ArthurPooh
Fri Mar 15, 2024 1:18 pm
Forum: Politics
Topic: Occupied Land acknowledgements
Replies: 16
Views: 801

Re: Occupied Land acknowledgements

When did acknowledging that your institution is on “Located on Occupied and Unceeded XYZ Ancestral Homelands” become a thing? Is it anything other than empty virtue signaling? I have yet to encounter this. What are examples of this? From Perth Mint's website: Acknowledgement of Country: We acknowle...
by ArthurPooh
Wed Mar 13, 2024 1:05 pm
Forum: Bonds
Topic: What's the actual rationale for investing in long term bonds?
Replies: 15
Views: 907

Re: What's the actual rationale for investing in long term bonds?

barrett, boglerdude - thank you for your contributions, I don't have any further answers right now, but these were thought-provoking.
by ArthurPooh
Wed Mar 13, 2024 12:59 pm
Forum: Bonds
Topic: What's the actual rationale for investing in long term bonds?
Replies: 15
Views: 907

Re: What's the actual rationale for investing in long term bonds?

Also keep in mind that at times when some said long dated treasury yields couldn't decline (prices rise) even further, is in years when some of the largest price gains occurred. Lower yields and smaller changes in yield drive larger price changes. Attempting to time the yield curve more often prove...