Search found 225 matches

by Smith1776
Tue May 16, 2017 3:17 pm
Forum: Permanent Portfolio Discussion
Topic: The Canadian Permanent Portfolio
Replies: 9
Views: 5036

The Canadian Permanent Portfolio

There hasn't been much written about how to prudently implement the Permanent Portfolio here in Canada. This is understandable, as Canada only forms a small part of the world's stage. The country has some 3% of the world's equity market as measured by market capitalization. Additionally, we only hav...
by Smith1776
Mon May 15, 2017 2:20 pm
Forum: Permanent Portfolio Discussion
Topic: An Alternative Explanation for the Permanent Portfolio
Replies: 9
Views: 4965

Re: An Alternative Explanation for the Permanent Portfolio

Tyler, I think the paradigm you've posited acts as a great complement to the "traditional" way we investors view the Permanent Portfolio. Your post reminds me of some arguments that MediumTex made about gold in particular, where he said that gold is an uncertainty hedge first and an inflation hedge ...
by Smith1776
Thu May 11, 2017 11:46 am
Forum: Permanent Portfolio Discussion
Topic: Review of PP for newcomers
Replies: 1
Views: 1538

Re: Review of PP for newcomers

I'd just like to say that for those new to the Permanent Portfolio, the forum's founders, craigr and MediumTex have both done fantastic interviews describing the strategy and its philosophy on The Voluntary Life too. https://www.youtube.com/watch?v=0uWJyyBIMPg - craigr https://www.youtube.com/watch?...
by Smith1776
Fri May 05, 2017 5:35 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 2610
Views: 471871

Re: The GOLD scream room

dualstow wrote:
i am not happy being average at anything
Sigh, the standard slur of the active investor & the paid advisor.
It is indeed counterintuitive, but totally true in investing, that being average is actually quite excellent. :D
by Smith1776
Mon May 01, 2017 10:55 am
Forum: Permanent Portfolio Discussion
Topic: Nobody believes in the Permanent Portfolio
Replies: 167
Views: 39107

Re: Nobody believes in the Permanent Portfolio

Yeah, I think the dollar cost averaging discussion is largely academic. (Not that it's not a useful discussion of course.) 99% of people will naturally dollar cost average as they make steady income week after week, month after month, and just make contributions to their mutual funds or other invest...
by Smith1776
Sat Apr 29, 2017 1:43 pm
Forum: Permanent Portfolio Discussion
Topic: Nobody believes in the Permanent Portfolio
Replies: 167
Views: 39107

Re: Nobody believes in the Permanent Portfolio

Smith1776, are you the same guy fighting so valiantly in that PP thread on the bogleheads forum? I tried to support you since you were beleaguered from all sides. Your posts there, as here, are great. I'm not sure the Golden Butterfly is going to be any easier to stomach than the Permanent Portfoli...
by Smith1776
Fri Apr 28, 2017 5:02 pm
Forum: Permanent Portfolio Discussion
Topic: Nobody believes in the Permanent Portfolio
Replies: 167
Views: 39107

Re: Nobody believes in the Permanent Portfolio

It does not surprise me at all that people do not like the Permanent Portfolio or are at least very wary of it. All things excellent are as difficult as they are rare. In this case, difficult might mean difficulty in accepting the strategy. Gold is probably the most contentious part of the overall p...
by Smith1776
Fri Apr 28, 2017 4:45 pm
Forum: Permanent Portfolio Discussion
Topic: James Rickards Portfolio
Replies: 15
Views: 5991

Re: James Rickards Portfolio

I have just finished reading James Rickard's books. He has, to say the least, an interesting, but compelling, take on the state of the world and its history. I'm not sure what to make of it, to be honest. On the other hand, if you're a Permanent Portfolio user, you'll have assets allocated somewhat...
by Smith1776
Fri Apr 28, 2017 3:32 pm
Forum: Permanent Portfolio Discussion
Topic: James Rickards Portfolio
Replies: 15
Views: 5991

Re: James Rickards Portfolio

I have just finished reading James Rickard's books. He has, to say the least, an interesting, but compelling, take on the state of the world and its history. I'm not sure what to make of it, to be honest. On the other hand, if you're a Permanent Portfolio user, you'll have assets allocated somewhat ...