Anyone here sorry that they have the PP instead of a Boglehead portfolio?

General Discussion on the Permanent Portfolio Strategy

Moderator: Global Moderator

User avatar
technovelist
Executive Member
Executive Member
Posts: 5679
Joined: Wed Sep 15, 2010 11:20 pm

Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by technovelist » Sun Mar 15, 2020 5:20 pm

Asking for a friend. :D
User avatar
Smith1776
Executive Member
Executive Member
Posts: 1241
Joined: Fri Apr 21, 2017 6:01 pm

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by Smith1776 » Sun Mar 15, 2020 5:30 pm

Haha.

What I really find interesting is how much higher one's quality of life is when you don't have your life savings riding in an unbalanced wreck of a portfolio. I'm viewing all of this stuff from a place of detached curiosity.

Andrew Yang in his podcast with Joe Rogan remarked that if you give people a bill that they can't pay, their effective intelligence drops by about 1 standard deviation. The money issue eclipses the horizon of their mind. They become cognitively impaired essentially. The PP prevents that anxiety.

I remember Craig once saying "Us Permanent Portfolio guys are whistling past a graveyard." Yup.
Check out the Goldsmith PP: https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=9613
The government causing inflation and giving us TIPS is like breaking our legs and giving us crutches.
Broscience -- Word of mouth knowledge passed off as fact, primarily among bodybuilders + weightlifters.
Lily is the official mascot of the Gyroscopic Investing forum.
User avatar
technovelist
Executive Member
Executive Member
Posts: 5679
Joined: Wed Sep 15, 2010 11:20 pm

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by technovelist » Sun Mar 15, 2020 6:51 pm

Smith1776 wrote:
Sun Mar 15, 2020 5:30 pm
Haha.

What I really find interesting is how much higher one's quality of life is when you don't have your life savings riding in an unbalanced wreck of a portfolio. I'm viewing all of this stuff from a place of detached curiosity.

Andrew Yang in his podcast with Joe Rogan remarked that if you give people a bill that they can't pay, their effective intelligence drops by about 1 standard deviation. The money issue eclipses the horizon of their mind. They become cognitively impaired essentially. The PP prevents that anxiety.

I remember Craig once saying "Us Permanent Portfolio guys are whistling past a graveyard." Yup.
Actually I have a very unbalanced portfolio which is about 63% gold, 17% Swiss Francs, and 20% US dollars (not counting my paid-off house as part of my portfolio).

But it is slanted toward protection from disaster, so when things are going poorly in society it does pretty well.
User avatar
mathjak107
Executive Member
Executive Member
Posts: 2734
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by mathjak107 » Sun Mar 15, 2020 6:53 pm

So how do you rebalance the house ?.. I can use another closet if you want to sell one
User avatar
technovelist
Executive Member
Executive Member
Posts: 5679
Joined: Wed Sep 15, 2010 11:20 pm

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by technovelist » Sun Mar 15, 2020 7:42 pm

mathjak107 wrote:
Sun Mar 15, 2020 6:53 pm
So how do you rebalance the house ?.. I can use another closet if you want to sell one
That would be a bit difficult.

I have a simple answer to that question: I don't rebalance at all. I just sell gold when I need cash, as in my previous plan to buy a house.
User avatar
dualstow
Executive Member
Executive Member
Posts: 10349
Joined: Wed Oct 27, 2010 10:18 am
Contact:

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by dualstow » Sun Mar 15, 2020 9:03 pm

Not thrilled that I am still stock heavy if i’m including the vp.
It was a great ride until it wasn’t.
we have arrived at a situation in which well-intentioned liberal people often can’t bring themselves to say that lawless violence is wrong. —Gary Morson ,WSJ
User avatar
technovelist
Executive Member
Executive Member
Posts: 5679
Joined: Wed Sep 15, 2010 11:20 pm

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by technovelist » Sun Mar 15, 2020 11:26 pm

dualstow wrote:
Sun Mar 15, 2020 9:03 pm
Not thrilled that I am still stock heavy if i’m including the vp.
It was a great ride until it wasn’t.
But that's your VP. How about your PP?
User avatar
Smith1776
Executive Member
Executive Member
Posts: 1241
Joined: Fri Apr 21, 2017 6:01 pm

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by Smith1776 » Mon Mar 16, 2020 12:51 am

technovelist wrote:
Sun Mar 15, 2020 11:26 pm
dualstow wrote:
Sun Mar 15, 2020 9:03 pm
Not thrilled that I am still stock heavy if i’m including the vp.
It was a great ride until it wasn’t.
But that's your VP. How about your PP?
Dude, you can't just go around asking people about their PPs.
Check out the Goldsmith PP: https://www.gyroscopicinvesting.com/forum/viewtopic.php?f=1&t=9613
The government causing inflation and giving us TIPS is like breaking our legs and giving us crutches.
Broscience -- Word of mouth knowledge passed off as fact, primarily among bodybuilders + weightlifters.
Lily is the official mascot of the Gyroscopic Investing forum.
User avatar
technovelist
Executive Member
Executive Member
Posts: 5679
Joined: Wed Sep 15, 2010 11:20 pm

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by technovelist » Mon Mar 16, 2020 5:38 am

Smith1776 wrote:
Mon Mar 16, 2020 12:51 am
technovelist wrote:
Sun Mar 15, 2020 11:26 pm
dualstow wrote:
Sun Mar 15, 2020 9:03 pm
Not thrilled that I am still stock heavy if i’m including the vp.
It was a great ride until it wasn’t.
But that's your VP. How about your PP?
Dude, you can't just go around asking people about their PPs.
Good point!
User avatar
dualstow
Executive Member
Executive Member
Posts: 10349
Joined: Wed Oct 27, 2010 10:18 am
Contact:

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by dualstow » Mon Mar 16, 2020 6:00 am

technovelist wrote:
Sun Mar 15, 2020 11:26 pm
dualstow wrote:
Sun Mar 15, 2020 9:03 pm
Not thrilled that I am still stock heavy if i’m including the vp.
It was a great ride until it wasn’t.
But that's your VP. How about your PP?
Healthy and well-maintained. Robust.
Nothing’s perfect, nothing rises all day every day, but my pp performs well enough to keep my household happy. O0

Double-entendres aside, I’m still a little light on bonds but even with that issue, it is working out.
Harry Browne was a smart man.
we have arrived at a situation in which well-intentioned liberal people often can’t bring themselves to say that lawless violence is wrong. —Gary Morson ,WSJ
User avatar
Kriegsspiel
Executive Member
Executive Member
Posts: 2507
Joined: Sun Sep 16, 2012 5:28 pm

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by Kriegsspiel » Mon Mar 16, 2020 6:05 am

It's all fun guy tips in here.
All of humanity’s problems with coronavirus stem from a man’s inability to sit quietly in a room alone.
- Blasé Kriegsspiel
User avatar
dualstow
Executive Member
Executive Member
Posts: 10349
Joined: Wed Oct 27, 2010 10:18 am
Contact:

Re: Anyone here sorry that they have the PP instead of a Boglehead portfolio?

Post by dualstow » Mon Mar 16, 2020 6:08 am

I should add, with gold at 1470 I’m starting to get that Cortopassi feeling, like why gold, why. Naturally, I would have been even more enthusiastic when it had passed 1600. But, I plan to sell some munis (vp) and add some coins, so I haven’t given up on gold.
we have arrived at a situation in which well-intentioned liberal people often can’t bring themselves to say that lawless violence is wrong. —Gary Morson ,WSJ
Post Reply