mathematics-and-implementation-of-harry-brownes-permanent-portfolio

General Discussion on the Permanent Portfolio Strategy

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l82start
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mathematics-and-implementation-of-harry-brownes-permanent-portfolio

Post by l82start » Tue Sep 15, 2020 7:26 pm

“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series of hobgoblins, most of them imaginary.”

Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
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Mark Leavy
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Re: mathematics-and-implementation-of-harry-brownes-permanent-portfolio

Post by Mark Leavy » Tue Sep 15, 2020 9:32 pm

Thanks for the article. Very representative of someone with just enough math to hurt himself. He got all the numbers right, but has no idea what they mean.

When anyone starts planning allocations with functions fed by volatility and variance numbers... Unless they add at least a 50% bullshit factor into the equation... well, that is just a lack of experience.
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Re: mathematics-and-implementation-of-harry-brownes-permanent-portfolio

Post by mathjak107 » Wed Sep 16, 2020 5:22 am

i looked at that article and stopped . it made my hair hurt .
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l82start
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Re: mathematics-and-implementation-of-harry-brownes-permanent-portfolio

Post by l82start » Wed Sep 16, 2020 7:11 am

honestly i didn't make it far either... something about a mathematical look at the permanent portfolio and it has no cash and 10yr bonds ?
“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series of hobgoblins, most of them imaginary.”

Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
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