Come to my senses and invest in what?buddtholomew wrote: Nothing to see here, everything's great!
Oh yeah, 3rd day of losses in a row. Only down 70K now.
When will you guys come to your senses?
No where to hide
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Re: No where to hide
Re: No where to hide
Of course I wouldn't expect you to divulge details but if you started with $1 million, that's a measly 7% drawdown, well within the range of what'd be expected from even a 100% bond portfolio. I thought you were a wealthy guy. Given the negativity I'd have expected you to be down a LOT more than $70k.buddtholomew wrote: Nothing to see here, everything's great!
Oh yeah, 3rd day of losses in a row. Only down 70K now.
When will you guys come to your senses?
- dualstow
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Re: No where to hide
You're going to be richer in the long run, Budd.
But, keep these posts coming anyway. I'm enjoying the avatar.
But, keep these posts coming anyway. I'm enjoying the avatar.
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Re: No where to hide
Typo, 7K and I'm speaking about today only.iwealth wrote:Of course I wouldn't expect you to divulge details but if you started with $1 million, that's a measly 7% drawdown, well within the range of what'd be expected from even a 100% bond portfolio. I thought you were a wealthy guy. Given the negativity I'd have expected you to be down a LOT more than $70k.buddtholomew wrote: Nothing to see here, everything's great!
Oh yeah, 3rd day of losses in a row. Only down 70K now.
When will you guys come to your senses?
Last edited by buddtholomew on Wed Aug 26, 2015 10:41 am, edited 1 time in total.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
Re: No where to hide
I might just exit the PP the next time it's beating the market. If stocks are beat down it might be a good time to switch back to a classic bogleheads. But today is not that dayPointedstick wrote:When will YOU come to your senses? It is utterly perplexing to me that you invest in a portfolio you hate and believe is broken, but refuse to exit. Face it: the PP is not for you. You prefer stocks for your long-term and can't tolerate even the smallest shred of volatility for your short-term money. You tried the PP and found it didn't suit you. No shame in admitting that.buddtholomew wrote: Nothing to see here, everything's great!
Oh yeah, 3rd day of losses in a row. Only down 70K now.
When will you guys come to your senses?
Ps I would also like to get a life please send me your newsletter
- buddtholomew
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Re: No where to hide
In your eyes, the PP can do no wrong. Why don't you admit that it is not working as expected. Down 2/4 years or 50% of the time I have been invested.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
Re: No where to hide
i think i read somewhere in the small print that two year down turns, and occasionally consecutive ones were a part of the PP performance range..buddtholomew wrote: In your eyes, the PP can do no wrong. Why don't you admit that it is not working as expected. Down 2/4 years or 50% of the time I have been invested.
anyway.. everything that has happened since i have owned a pp has been well within what i expected..
i think i am beginning to understand your frustration with it though, if i were in your situation i guess i would be too
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Re: No where to hide
while the pp cuts volatility there is no guarantee you will be up . there is no question it did its thing . looking at my hypothetical pp I still track I see it down 44k. that is 1/2 my model; . but my model is recovering at a faster rate being only down 60k from the near 90k at the lows .
the pp was only down 34k at the lows but is taking its lumps now but still not as bad .
if it is lower volatility you want you got exactly what you paid for
the pp was only down 34k at the lows but is taking its lumps now but still not as bad .
if it is lower volatility you want you got exactly what you paid for
Last edited by mathjak107 on Wed Aug 26, 2015 2:27 pm, edited 1 time in total.
- dualstow
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Re: No where to hide
We know we cannot predict the markets, but one thing is easily predictable: the pp will lose some investors until it goes up again. When it goes up, it will attract new investors, and perhaps some repentants.
Re: No where to hide
Wasn't it nice when we had the two people who started this website always posting on here (and on the Bogleheads site beforehand) and they were always promoting, explaining and defending the PP? Why did they stop? I miss that!
- dualstow
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Re: No where to hide
I think it was Bob Dylan who said, I don't need to refute every allegation about me. I think it's enough that there is always *someone* on this forum at any given time who is willing to reiterate the principles. I mean, it's got to get boring after a while for the same person to have to keep doing it. The book is out there. The forum is out there. Why not just reread what they already wrote if it hasn't changed?Reub wrote: Wasn't it nice when we had the two people who started this website always posting on here (and on the Bogleheads site beforehand) and they were always promoting, explaining and defending the PP? Why did they stop? I miss that!
You make it sound like they started a scam and then ran off with ill-gotten gains.
I always wonder how 90-year-old Taylor Larimore keeps it up at Bogleheads.
Last edited by dualstow on Thu Aug 27, 2015 8:30 am, edited 1 time in total.
Re: No where to hide
That one's easy: because it is working as I expected!buddtholomew wrote: In your eyes, the PP can do no wrong. Why don't you admit that it is not working as expected?
What more could I ask?
Re: No where to hide
I may be a little too simple-minded on this but if I post the Peak-to-Trough results of a HBPP allocation for the time I've been using it and post the resulting CAGR on Tyler's terrific PP real returns over time plot and it is within the bands shown for that time period, I conclude that there is nothing really wrong with how the PP is performing up to this point... I may be currently below the median point but I am above the low point... I may have been hoping for the median return but I shouldn't complain if I am somewhere along that vertical range of outcomes...
http://portfoliocharts.com/portfolio/pe ... portfolio/
http://portfoliocharts.com/portfolio/pe ... portfolio/
Re: No where to hide
Where did I say that they started a scam? I just wonder how they could be so into the PP to engage in vehement post after post on the BH site, then start this site, write a book about it, and then pretty much disappear for long periods of time. It doesn't take a lot of effort to write an occasional post or two on a semi-regular basis as most of my posts prove.dualstow wrote:I think it was Bob Dylan who said, I don't need to refute every allegation about me. I think it's enough that there is always *someone* on this forum at any given time who is willing to reiterate the principles. I mean, it's got to get boring after a while for the same person to have to keep doing it. The book is out there. The forum is out there. Why not just reread what they already wrote if it hasn't changed?Reub wrote: Wasn't it nice when we had the two people who started this website always posting on here (and on the Bogleheads site beforehand) and they were always promoting, explaining and defending the PP? Why did they stop? I miss that!
You make it sound like they started a scam and then ran off with ill-gotten gains.
I always wonder how 90-year-old Taylor Larimore keeps it up at Bogleheads.
- dualstow
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Re: No where to hide
You never did, explicitly. But, since this is not the first time you've asked, in essence, "Where are they now", I get the feeling that some people feel they were just out to sell books -- in fact, didn't this come up once? -- and I seriously doubt they made a ton of money off of those book sales. If you don't feel that it's a scam, I'm happy. But, once we know how the pp works, how much handholding do we really need? And does it have to be from those two?Reub wrote: Where did I say that they started a scam? I just wonder how they could be so into the PP to engage in vehement post after post on the BH site, then start this site, write a book about it, and then pretty much disappear for long periods of time. It doesn't take a lot of effort to write an occasional post or two on a semi-regular basis as most of my posts prove.
Re: No where to hide
Yeah, where are those guys?
I heard that one of them ran off to Japan for awhile.
I heard that one of them ran off to Japan for awhile.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
- mathjak107
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Re: No where to hide
Brazil with the book money ...
Re: No where to hide
Probably so.mathjak107 wrote: Brazil with the book money ...
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
- dualstow
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Re: No where to hide
Currently "washing" the money through a carpet vacuuming business, as the authorities have really clamped down on car washes since Breaking Bad was broadcast.
Re: No where to hide
It's good to see I've flushed one of them out! At least for one day.
Re: No where to hide
Here is my answer to that.Reub wrote: It's good to see I've flushed one of them out! At least for one day.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: No where to hide
Wonder if John Travolta was talking to this guy?
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Re: No where to hide
I'm sorry but my satellite comms on my globetrotting yacht was down for a few days so I couldn't post.MediumTex wrote: Yeah, where are those guys?
I heard that one of them ran off to Japan for awhile.
But you know the best thing about writing a book on a niche investing strategy is? The free bar of gold we receive each month for our efforts. Not to mention the extensive fees we receive for each post we make on an internet forum. The profits vs. time expended has been phenomenal. Frankly, I have had a hell of a hard time spending all the money on just strippers. I need to find either a good healthy drug addiction to blow all the royalties, or more expensive strippers.
Last edited by craigr on Sat Aug 29, 2015 6:25 pm, edited 1 time in total.
- dualstow
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Re: No where to hide
You need a snortfolio.
Re: No where to hide
Whoa dude, you only have one yacht?craigr wrote:I'm sorry but my satellite comms on my globetrotting yacht was down for a few days so I couldn't post.MediumTex wrote: Yeah, where are those guys?
I heard that one of them ran off to Japan for awhile.
I bought a yacht for every member of my family. I named them the Nina, the Pinta, the Santa Maria, the Palais Aqua, and the J-Law PP Pimp Pod.
I'm like L. Ron Hubbard sans the 501(c) tax exempt status.
And the groupies...don't even get me started. I'm thinking about buying another yacht just for them. I'm going to call it "Browne Skeazin".
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”