Search found 135 matches

by mukramesh
Fri Apr 07, 2017 12:24 pm
Forum: Permanent Portfolio Discussion
Topic: Nobody believes in the Permanent Portfolio
Replies: 167
Views: 44365

Re: Nobody believes in the Permanent Portfolio

i didn't refer to the pp as a doomsday portfolio . i was referring to mitigating short term temporary dips having no logic for a long term investor with a long term perspective . heavy betting against each other is for mitigating things in the short term as long term these dips have no meaning . Ac...
by mukramesh
Mon Mar 20, 2017 3:02 pm
Forum: Permanent Portfolio Discussion
Topic: The Aleph Blog discusses the HBPP
Replies: 12
Views: 4938

Re: The Aleph Blog discusses the HBPP

Here is his take on gold and a rebuttal to Buffet's idea that "gold does nothing."

http://alephblog.com/2012/04/06/gold-does-nothing/
by mukramesh
Fri Mar 03, 2017 12:11 pm
Forum: Stocks
Topic: Why Dividends Are a Scam
Replies: 12
Views: 7755

Re: Why Dividends Are a Scam

the zero capital gains bracket is a gift from the tax gods . unfortunately i learned what i needed to had i done roths i would have been in better shape . there is so much linked to your magi in retirement that roths can be so much better even if tax rates were a bit higher Can you elaborate on thi...
by mukramesh
Fri Dec 23, 2016 2:14 pm
Forum: Permanent Portfolio Discussion
Topic: "Agnostic" mechanisms in the PP aren't
Replies: 8
Views: 3048

Re: "Agnostic" mechanisms in the PP aren't

dualstow wrote:
ochotona wrote:Meb also points out that rebalancing bands are a form of trend-following.
Not really.
Aren't rebalancing bands technically a form of mean-reversion/volatility harvesting? That's the opposite of trend-following. ???
by mukramesh
Wed Dec 21, 2016 5:34 pm
Forum: Other Discussions
Topic: Apple Sucks, Doesn't it?
Replies: 75
Views: 15226

Re: Apple Sucks, Doesn't it?

My understanding is that the mouse is supposed to get something crazy like 9 hours worth of charge in < 2 minutes. That's less than a coffee/bathroom break. ;D
by mukramesh
Wed Oct 12, 2016 2:40 pm
Forum: Bonds
Topic: Ques about the purchase/sale of Long Term Bonds
Replies: 4
Views: 2674

Re: Ques about the purchase/sale of Long Term Bonds

Why buy 25yr bonds? Just buy 30. No laddering needed for the Bond portion of the PP.

You can consider laddering your Cash portion.
by mukramesh
Fri Aug 19, 2016 5:01 pm
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 576
Views: 188600

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

My understanding is that in a flat market, XIV will do very well. But in a situation where stocks are dropping, won't holding XIV magnify your losses?
by mukramesh
Fri Aug 19, 2016 12:54 pm
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 576
Views: 188600

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

kbg, does your personal mix still include XIV? If so, can you describe how much what this is supposed to add to the leveraged PP?
I'm sure you've already explained this but I am having a hard time finding the post in this thread...
by mukramesh
Wed Aug 17, 2016 2:39 pm
Forum: Variable Portfolio Discussion
Topic: 20% annual returns over 40 years...interested?
Replies: 576
Views: 188600

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

Hasn't kbg already shown that for trending non/inversely correlated assets, the decay actually works in your favor? I'd be most worried when all PP assets are in a sideways market.
by mukramesh
Mon Aug 01, 2016 2:45 pm
Forum: Variable Portfolio Discussion
Topic: Golden Butterfly Portfolio
Replies: 521
Views: 123856

Re: Golden Butterfly Portfolio

Let me try another way of explaining my point: ... If you reworked your excellent website such that all backtesting results started in 1975, the results of *comparisons* of various portfolios would change dramatically. ... Tyler has a graph that actually tracks Start Date Sensitivity https://portfo...
by mukramesh
Wed Jul 20, 2016 3:52 pm
Forum: Permanent Portfolio Discussion
Topic: Things about the PP that do not make sense to me
Replies: 37
Views: 10583

Re: Things about the PP that do not make sense to me

Answers to many of these questions used to be listed in the full Cash FAQ on crawlingroad.com, but it seems like all of that material has been removed. The best way to get get the details on the Permanent Portfolio is probably by reading Craig and MediumTex's book. https://www.amazon.com/Permanent-P...