Search found 527 matches
- Wed Mar 01, 2023 12:44 pm
- Forum: Stocks
- Topic: Stock Picking in the PP
- Replies: 33
- Views: 21470
Re: Stock Picking in the PP
Here is what HB has to say on the topic. All HB quotes from Why The Best Laid Investment Plans...: For the Permanent Portfolio, a stock-market investment should have these attributes: Market relationship: The investment should have a strong tendency to move in the same direction as the general stock...
- Mon Feb 13, 2023 12:37 pm
- Forum: Other Discussions
- Topic: Gardens
- Replies: 9
- Views: 2025
Re: Gardens
What are y'all growing? I just got a Smith fig tree that I am itching to plant. Just a few more days... I've been growing tomatoes, strawberries, cannabis, kale, and bush beans. I have a few apple and peach trees going too; they are more of a long term project. For the past two years, we only harve...
- Tue Feb 07, 2023 8:20 am
- Forum: Other Discussions
- Topic: I asked ChatGPT to write a Chinese edition of How I Found Freedom in an Unfree World
- Replies: 1
- Views: 560
- Fri Feb 03, 2023 6:40 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 125999
Re: BTC in the PP
Very creative definition of tithe O0 Seems appropriate: A portion of one's annual income contributed voluntarily or due as a tax, especially a contribution of one tenth of one's income for the support of the clergy or church. Unrelated. I was wondering why the feds are so concerned about cryptocurr...
- Wed Feb 01, 2023 9:00 am
- Forum: Variable Portfolio Discussion
- Topic: BTC in the PP
- Replies: 239
- Views: 125999
Re: BTC in the PP
My thoughts on this have evolved a bit. There are different roles to play in the Bitcoin space. They include miners, speculators, true-believers, capitalists. These roles are not mutually exclusive; you can play multiple at the same time. I am a capitalist and true-believer: I have wealth to allocat...
- Tue Jan 31, 2023 12:22 pm
- Forum: Stocks
- Topic: Stock Picking in the PP
- Replies: 33
- Views: 21470
Re: Stock Picking in the PP
Just an update on this, I went through with it, and it's been fun. Unexpected joys like proxy voting and buying products from companies that I own. It's been interesting to see the winners and losers of companies I selected from across the economy. I tried to focus on high-beta companies (HB) that a...
- Tue Jan 31, 2023 12:08 pm
- Forum: Politics
- Topic: The Twitter Files
- Replies: 163
- Views: 73052
Re: The Twitter Files
Where I'm from, the locals are terrified of libertarians. Democrats, Republicans, they can understand. Libertarians are a huge boogeyman for some reason.
- Thu Dec 15, 2022 4:00 pm
- Forum: Other Discussions
- Topic: Casino-Chip Society
- Replies: 9
- Views: 1428
Re: Casino-Chip Society
However, for purposes of this discussion I have what is called the Walmart test (or pick any large commercial entity that doesn't buy/sell trade precious metals). If they don't accept it, then it isn't "money." Nor is the USD money in Australia only the AUD is. US Gold Eagles pass your Wa...
- Thu Dec 01, 2022 2:37 pm
- Forum: Other Discussions
- Topic: Casino-Chip Society
- Replies: 9
- Views: 1428
Casino-Chip Society
https://brettscott.substack.com/p/casin ... ss-society
My takeaway is that I'll continue to cash out some of my chips into gold and Bitcoin.
My takeaway is that I'll continue to cash out some of my chips into gold and Bitcoin.
- Thu Nov 17, 2022 3:28 pm
- Forum: Variable Portfolio Discussion
- Topic: A history lesson for our crypto trolls
- Replies: 24
- Views: 4704
Re: A history lesson for our crypto trolls
I hope it works. The electricity usage is a problem. The electricity usage is what makes it fair and scarce. How else do you fairly distribute the money over time? Anyone can get paid to do the work to secure the network. It's similar to how gold has been fairly distributed over the centuries, peop...
- Mon Nov 14, 2022 10:20 am
- Forum: Variable Portfolio Discussion
- Topic: A history lesson for our crypto trolls
- Replies: 24
- Views: 4704
Re: A history lesson for our crypto trolls
There are so many things working against crypto that it almost has to fail, at least in this early phase. That's been my approach to it. If it ever becomes relatively stable and useful, then I'm interested. I have never felt the FOMO need to make money on it on the way up. I'm of the opinion that B...
- Fri Nov 04, 2022 3:10 pm
- Forum: Politics
- Topic: White House Deletes Tweet After Context Note
- Replies: 10
- Views: 1577
White House Deletes Tweet After Context Note
Looks like there is a change in guard at the fact checking department:
https://www.politico.com/news/2022/11/0 ... e-00064647
Is this irony? I don't know, but I'm enjoying it. Presumably Elon is too.
https://www.politico.com/news/2022/11/0 ... e-00064647
Is this irony? I don't know, but I'm enjoying it. Presumably Elon is too.
- Wed Nov 02, 2022 1:21 pm
- Forum: Politics
- Topic: Hunter Biden
- Replies: 35
- Views: 4130
Re: Hunter Biden
I think too many people's views are affected by what they see on television. I remember a friend telling me I was crazy for not thinking things were getting worse in this world. I asked him for his basis for believing that. He cited what he saw on the news each night, which, of course, is going to ...
- Mon Oct 31, 2022 3:05 pm
- Forum: Other Discussions
- Topic: Peanut Butter
- Replies: 51
- Views: 18744
Re: Peanut Butter
We like Teddie's too. A favorite snack here is sliced apples + peanut butter, especially w/ apples in season. Yes. Except for me it is so delicious I think I can put about 1/2 a jar (1/2 pound) of peanut butter on just one apple's worth of slices! The slice thickness is key. You want them thin so y...
- Mon Oct 31, 2022 2:59 pm
- Forum: Politics
- Topic: The Fourth Branch of Government
- Replies: 42
- Views: 11902
Re: The Fourth Branch of Government
There comes a point, after the student loans are canceled, the stimulus checks stop, and the credit cards are maxed out, that the money runs out and that the productive members of society get tired of being shit on and simply refuse to pull the wagon. At that point, the do-nothings are going to hav...
- Mon Oct 31, 2022 12:56 pm
- Forum: Permanent Portfolio Discussion
- Topic: Are most people here sticking with Treasuries?
- Replies: 341
- Views: 175348
Re: Are most people here sticking with Treasuries?
Bitcoin won’t do you much good when you have no electricity like most of the Ukraine Actually, Bitcoin is quite useful to a Ukrainain. Russia can invade, kick you out of your house, take your property (including your gold), but your Bitcoin rests securely on the blockchain, waiting for saner times ...
- Mon Oct 31, 2022 12:40 pm
- Forum: Permanent Portfolio Discussion
- Topic: Non-ESG ETFs
- Replies: 53
- Views: 48230
Re: Non-ESG ETFs
Last segment is Myron Scholes (of Black-Scholes Model): Our final speaker today will be Myron Scholes who will discuss the best ways to adjust your portfolio if you are concerned about ESG. Some market participants who are concerned about carbon emissions are selling shares in their polluters, but M...
- Mon Oct 31, 2022 12:35 pm
- Forum: Other Discussions
- Topic: Peanut Butter
- Replies: 51
- Views: 18744
Re: Peanut Butter
We like Teddie's too. A favorite snack here is sliced apples + peanut butter, especially w/ apples in season.
- Thu Oct 20, 2022 4:21 pm
- Forum: Permanent Portfolio Discussion
- Topic: Non-ESG ETFs
- Replies: 53
- Views: 48230
Re: Non-ESG ETFs
I believe non-ESG businesses will outperform ESG businesses, all else being equal, so I'm on board! How could the companies that hire based on merit and focus exclusively on their business lose to the less talented, perfectly rainbow-colored companies who split their focus between their business and...
- Thu Oct 20, 2022 4:05 pm
- Forum: Permanent Portfolio Discussion
- Topic: All-weather portfolios - Further resources?
- Replies: 22
- Views: 3793
Re: All-weather portfolios - Further resources?
There is no end to the doomsday scenarios our brains can think up for any asset class But as we know https://photos.smugmug.com/photos/i-rfnzmq4/0/2a973f32/M/i-rfnzmq4-M.jpg Good point and totally agree. I'd like to think that my anxiety has access to a decent model of reality. Are we really worryi...
- Fri Sep 23, 2022 1:28 pm
- Forum: Cash
- Topic: More Money != More Inflation
- Replies: 12
- Views: 3306
Re: More Money != More Inflation
Is this a power we want the feds to have? In return for giving them this power, they are supposed to provide price stability. How is that going? Congress created that money, not the Fed. They spent it into existence. Without the Fed, Congress could (and did, before the Fed existed) just as easily s...
- Thu Sep 22, 2022 12:43 pm
- Forum: Cash
- Topic: More Money != More Inflation
- Replies: 12
- Views: 3306
Re: More Money != More Inflation
The money supply expansion during the COVID-19 pandemic was mostly saved until economies fully re-opened, at which point it unleashed a wave of demand that interacted quite poorly with the the unusual combination of labor shortages, raw material and energy shortages caused by the war in Ukraine, sh...
- Wed Sep 21, 2022 2:49 pm
- Forum: Gold
- Topic: Gold will rise when Fed stops raising interest rates?
- Replies: 54
- Views: 22241
Re: Gold will rise when Fed stops raising interest rates?
There are always stories about how "this time it's different". At some point it will be different....for stocks, bonds, LTT's, gold, etc. The question is how much do you want to bet on it (any instance of "it")? Exactly. Thus far it seems obvious that the prevailing economic env...
- Fri Sep 09, 2022 2:52 pm
- Forum: Permanent Portfolio Discussion
- Topic: Are most people here sticking with Treasuries?
- Replies: 341
- Views: 175348
Re: Are most people here sticking with Treasuries?
Although most people on the forum now tend to dismiss Budd, either I missed or there never was a great response to his opinion. If we are actually in a multi-year trend of slowly rising interest rates, what will keep the PP or any Risk Parity portfolio from having the losses we have seen this year ...
- Mon Aug 29, 2022 2:00 pm
- Forum: Other Discussions
- Topic: Daily "Check In" Thread For Us
- Replies: 2317
- Views: 1442058