Search found 1345 matches

by Kbg
Thu Jan 29, 2015 12:06 pm
Forum: Other Discussions
Topic: Chaos, Complexity, and entropy (from Bogleheads)
Replies: 5
Views: 1238

Re: Chaos, Complexity, and entropy (from Bogleheads)

I actually wrote a masters thesis on this stuff several years ago, very interesting. I'd say indirectly it lead me to PP and it's no predictions philosophy.
by Kbg
Wed Jan 28, 2015 10:44 pm
Forum: Other Discussions
Topic: Stating the Obvious: War is Easier
Replies: 32
Views: 3621

Re: Stating the Obvious: War is Easier

@ Kbg At whatever scale, war is socially sanctioned violence.  It can't be engaged in, or even paid for, unless the society has an ideological framework that grants moral license for it.  These frameworks are universally religious.  If you look at them, you find they are made up from nothing, unver...
by Kbg
Wed Jan 28, 2015 10:12 pm
Forum: Bonds
Topic: The Bond Dream Room
Replies: 458
Views: 114650

Re: The Bond Dream Room

I'm doing the juiced up version and my oh my...UGLD up 26% and TMF up 23%
by Kbg
Wed Jan 28, 2015 10:01 pm
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 576
Views: 166062

Re: 20% annual returns over 40 years...interested?

More like here's your fishing line, make sure you don't hang yourself with it. I had two thoughts responding to this thread. These things are highly volatile and quirky, accordingly someone should really spend time learning before investing their hard earned money. The second thought was Dude! It's...
by Kbg
Wed Jan 28, 2015 12:31 pm
Forum: Bonds
Topic: The Bond Dream Room
Replies: 458
Views: 114650

Re: The Bond Dream Room

No, taxes. The first is unknowable. If stocks go on a 20 year tear and you know they are going to do that starting today you would be an idiot to rebalance. If you want to track the PP then rebalance. However, you want to minimize taxes always and those costs are known. Accordingly, tax ramificatio...
by Kbg
Wed Jan 28, 2015 12:17 pm
Forum: Other Discussions
Topic: Stating the Obvious: War is Easier
Replies: 32
Views: 3621

Re: Stating the Obvious: War is Easier

@ OP War is not a usable strategy for free market businesses.  Without the religious obedience of the people, and the consequent ability to tithe them, an organization cannot wage wars.  That is, only the state can wage wars. Organized killing has gotten less frequent since the stone age.  I see no...
by Kbg
Wed Jan 28, 2015 8:44 am
Forum: Bonds
Topic: The Bond Dream Room
Replies: 458
Views: 114650

Re: The Bond Dream Room

Snap Quiz Question: Which one should you pay most attention to in your decision? I am going to go with tracking error, because the way my PP is set up, any gains are in tax-advantaged accounts. But I think the real answer is that both #1 and #2 should be considered. In other words, don't pay any ta...
by Kbg
Tue Jan 27, 2015 9:14 pm
Forum: Bonds
Topic: The Bond Dream Room
Replies: 458
Views: 114650

Re: The Bond Dream Room

There are lots of good academic and industry papers on rebalancing. Just invoke the Google gods and they will enlighten you greatly. I would narrow down all of them to three things... 1. Tracking error (the more you rebalance, the closer you are to whatever it is your are tracking). Thus, if you wan...
by Kbg
Tue Jan 27, 2015 8:35 pm
Forum: Other Discussions
Topic: Stating the Obvious: War is Easier
Replies: 32
Views: 3621

Re: Stating the Obvious: War is Easier

@ OP War is not a usable strategy for free market businesses.  Without the religious obedience of the people, and the consequent ability to tithe them, an organization cannot wage wars.  That is, only the state can wage wars. Organized killing has gotten less frequent since the stone age.  I see no...
by Kbg
Tue Jan 27, 2015 8:26 pm
Forum: Other Discussions
Topic: Visit the Wrong Website, and the FBI Could End Up in Your Computer
Replies: 10
Views: 1740

Re: Visit the Wrong Website, and the FBI Could End Up in Your Computer

I would say there are a lot more people who think they are government watch lists than really are. I suppose it makes them feel good or gives them something to rail against.
by Kbg
Mon Jan 26, 2015 2:45 pm
Forum: Variable Portfolio Discussion
Topic: The Doubly Diversified Permanent Portfolio
Replies: 5
Views: 1297

Re: The Doubly Diversified Permanent Portfolio

Should be a blast to manage...
by Kbg
Sun Jan 25, 2015 12:14 pm
Forum: Other Discussions
Topic: Vermont Quits War on Drugs to Treat Heroin Abuse as Health Issue
Replies: 7
Views: 1503

Re: Vermont Quits War on Drugs to Treat Heroin Abuse as Health Issue

Or Saudi Arabia where dealers get caught once and only once...