i don't use the pp because as a long term investor , there really was no logic to mitigating temporary short term dips (which are irrelevant as a long term investor ) and permanently reducing my long term gains . I suppose that was sort of the realization I was seeing too. But I was wondering wheth...

I suppose the crux quandary I was wondering about was whether there is any historical/geographic example where a 25%domesticstocks:25%EM:25%LTT:25%gold portfolio would have run out of money with a constant dollar draw down that a HBPP would have survived? Basically it's whether cash provides more di...

It is really helpful to have those much older time series as well as the 1970-2017 period. However I guess there is a very big difference between a 60%domestic-stock:40%bond portfolio and a 25%emerging market:25domestic:25%bond:25%gold portfolio. Looking at Tyler's calculators for the 1970-2017 peri...

6% constant$ withdrawal from "constant$-safe-portfolio" (ie CDSP :) ) http://i64.tinypic.com/287p6h1.jpg 6%constant$ withdrawal from HBPP http://i65.tinypic.com/2yxqkjc.jpg 6%constant$ withdrawal from GoldenButterfly http://i63.tinypic.com/2h5vh1g.jpg CDSP benchmarked against GoldenButterf...

Tyler, your website is a wonder to behold. It is set out so intuitively that even a dunce like me can just start messing around and everything becomes clear :). My impression about safe withdrawal methods and portfolio composition was that the safest withdrawal method would be a composite between th...

Hi Sophie, Tyler's site is a wonderland of geeky fun :) . My aim wasn't to push withdrawal rates hard but to see what sort of portfolio would give the greatest margin of safety such that a modest withdrawal rate would still be OK even if things ended up generally giving lower returns. I just thought...

I've discovered Tyler's (from here) fabulous website and have been playing around with his interactive charts. One thing that struck me was that the style of withdrawal seems to have major implications for what's safest as a portfolio composition. If a constant % withdrawal is used (ie 4% of whateve...

So if I want a loan to buy stocks, where is the money I'm borrowing coming from Are you referring to the general "loans create deposits" process whereby credit money in general is created by bank lending as described in http://www.bankofengland.co.uk/publications/Documents/quarterlybullet...

I liked this [url=http://quote%20http://www.hussmanfunds.com/wmc/wmc150427.htm]quote http://www.hussmanfunds.com/wmc/wmc150427.htm[/url]:- Last month, Stan Druckenmiller recounted his own experience with capitulation and performance chasing when he was the lead portfolio manager for George Soros and...

I thought this article from GMO gave a clear explanation of the key problem with having a volatile portfolio such as a stock heavy portfolio. The problem would be especially acute if the savers were adding to their savings during the saving period (eg adding a bit every year rather than just holding...

I thought this was an encouraging story of inter-faith solidarity http://www.theguardian.com/uk-news/2013/dec/20/bradford-synagogue-saved-muslims-jews A fundraising effort – led by the secretary of a nearby mosque, together with the owner of a popular curry house and a local textile magnate – has se...

Good to hear that PugChief thought it worthwhile. This was some more feedback I got from that other forum (the Green Party England and Wales forum :) ):- Submitted by stone on Mon, 06/04/2015 - 07:42 Thanks for the recommendation, I've signed up now I'm puzzled though why they don't just have all of...

I signed up for this free course (starting next month) after seeing this recommendation on another forum. Has anyone else done this or have an opinion about it? Starting in May, Coursera will be running (for the third year) an online course on Money and Banking, taught by Professor Perry Mehrling of...

http://www.bbc.co.uk/programmes/b05nxgdd

I really enjoyed this in depth look at the gold rush and how it contributed to the history of California, the USA and the world.

http://www.bbc.co.uk/programmes/b05mrj7f Aimen Dean is a founder member of al-Qaeda, who changed tack in 1998 and became a spy for Britain's security and intelligence services, MI5 and MI6. Interviewed by Peter Marshall, he describes his years working in Afghanistan and London as one of the West's m...

Watters has two main explicit insights. First: People in every culture experience trauma and stress, but they find different ways of expressing and understanding their suffering—lending it meaning by embedding it in a narrative—based on the “symptom pools”? provided to them by their cultures. When ...

I just googled and saw that the "prizes rather than patents" idea is actually very well established: http://en.wikipedia.org/wiki/Prizes_as_an_alternative_to_patents The Medical Innovation Prize Fund Act S1137 and S1138[edit] The two bills proposed on May 26, 2011 by Senator Bernie Sanders...

Kbg wrote: I do like the premise of some type of momentum wrap around a PP core though where the momentum leaders get extra weighting.

There used to be people on here saying that they held both  HBPP and decision moose portfolios to try and do that.

If someone made any of you emperor how would any of you propose to fix any of this? I've wondered whether it might work better to have a system of prizes rather than patents. So if a medicine were developed, then it would warrant a prize for the company that developed it. Then it could be freely ma...

I thought this was interesting: http://en.wikipedia.org/wiki/Prognosis_of_schizophrenia#International The World Health Organization conducted two long-term follow-up studies involving more than 2,000 people suffering from schizophrenia in different countries. These studies found patients have much b...

Sorry if this chart has already been linked, I haven't read the whole thread: http://4.bp.blogspot.com/-sD0f1wnZnIw/VKhIcQ7hQEI/AAAAAAAA8UI/KWFaX6wDOZ4/s1600/continuumsociallast.PNG I agree with that analysis I think. To have a prosperous happy society you need everyone to be able to make full use o...

I don't know whether it counts as "art" but people do work doing the art work for computer games. A neighbour of my parents does that and always seemed to be on a recruiting drive to get hold of more employees to do that work. He came to the UK from Spain following his wife (who I think wa...

mountaineer: I'm likely biased since I was one of the "E" in the FIRE sectors, was raised in a home that emphasized living within ones means and had a couple of "E" uncles and fantastic high school math and science teachers that encouraged me. I was taking the FIRE acronym to be ...

One thing I would say is that perhaps if a student has a chance to go to a truly top flight University, then jump on it. My other half went to Cambridge (in the UK). By the sound of it, it gave a real turbo boosted education. The expectation and standard demanded from the students seemed to be on an...