No where to hide

General Discussion on the Permanent Portfolio Strategy

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Smith1776
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Re: No where to hide

Post by Smith1776 » Fri Jan 24, 2020 5:49 pm

vnatale wrote:
Fri Jan 24, 2020 5:48 pm
Smith1776 wrote:
Fri Jan 24, 2020 3:34 pm
Smith1776 wrote:
Thu Jan 23, 2020 11:43 pm
MediumTex wrote: i really abandoned the pp because after watching the bond action i did not want to place such a big bet on rates at this point with the bond  market yield s trend being up lately for months  and stock market gains just squeaking out .
MediumTex abandoned the PP at one point?

That's like... worse than the Beatles breaking up.
Since Tex isn’t here to speak for himself, can anyone elaborate on this?
I think I did not handle the deleting the quotes correctly. Therefore, I believe that was NOT Medium Tax speaking (or writing) but was, instead, mathjak.

Vinny
lol okay that makes sense. It didn't look like Tex's writing, and I could find that particular sentence in his post history.
Stocks let us eat well
Bonds let us sleep well
Gold let's us flee well
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vnatale
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Re: No where to hide

Post by vnatale » Fri Jan 24, 2020 5:55 pm

Smith1776 wrote:
Fri Jan 24, 2020 5:49 pm
vnatale wrote:
Fri Jan 24, 2020 5:48 pm
Smith1776 wrote:
Fri Jan 24, 2020 3:34 pm
Smith1776 wrote:
Thu Jan 23, 2020 11:43 pm
MediumTex wrote: i really abandoned the pp because after watching the bond action i did not want to place such a big bet on rates at this point with the bond  market yield s trend being up lately for months  and stock market gains just squeaking out .
MediumTex abandoned the PP at one point?

That's like... worse than the Beatles breaking up.
Since Tex isn’t here to speak for himself, can anyone elaborate on this?
I think I did not handle the deleting the quotes correctly. Therefore, I believe that was NOT Medium Tax speaking (or writing) but was, instead, mathjak.

Vinny
lol okay that makes sense. It didn't look like Tex's writing, and I could find that particular sentence in his post history.
You actually had ME going for awhile. I said to myself how could I have NOT noticed Medium Tex writing something like THAT!

Vinny
"I only regret that I have but one lap to give to my cats."
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Smith1776
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Re: No where to hide

Post by Smith1776 » Fri Jan 24, 2020 7:00 pm

vnatale wrote:
Fri Jan 24, 2020 5:55 pm
Smith1776 wrote:
Fri Jan 24, 2020 5:49 pm
vnatale wrote:
Fri Jan 24, 2020 5:48 pm
Smith1776 wrote:
Fri Jan 24, 2020 3:34 pm
Smith1776 wrote:
Thu Jan 23, 2020 11:43 pm
MediumTex wrote: i really abandoned the pp because after watching the bond action i did not want to place such a big bet on rates at this point with the bond  market yield s trend being up lately for months  and stock market gains just squeaking out .
MediumTex abandoned the PP at one point?

That's like... worse than the Beatles breaking up.
Since Tex isn’t here to speak for himself, can anyone elaborate on this?
I think I did not handle the deleting the quotes correctly. Therefore, I believe that was NOT Medium Tax speaking (or writing) but was, instead, mathjak.

Vinny
lol okay that makes sense. It didn't look like Tex's writing, and I could find that particular sentence in his post history.
You actually had ME going for awhile. I said to myself how could I have NOT noticed Medium Tex writing something like THAT!

Vinny
****couldn’t find

Lol yeah!! Honestly, it was kind of heartbreaking for a moment there thinking he said that.

It was like reading that Steve jobs interview from way back when, when he said computers weren’t changing the world.
Stocks let us eat well
Bonds let us sleep well
Gold let's us flee well
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vnatale
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Re: No where to hide

Post by vnatale » Fri Jan 24, 2020 7:09 pm

Smith1776 wrote:
Fri Jan 24, 2020 7:00 pm
vnatale wrote:
Fri Jan 24, 2020 5:55 pm
Smith1776 wrote:
Fri Jan 24, 2020 5:49 pm
vnatale wrote:
Fri Jan 24, 2020 5:48 pm
Smith1776 wrote:
Fri Jan 24, 2020 3:34 pm
Smith1776 wrote:
Thu Jan 23, 2020 11:43 pm
MediumTex wrote: i really abandoned the pp because after watching the bond action i did not want to place such a big bet on rates at this point with the bond  market yield s trend being up lately for months  and stock market gains just squeaking out .
MediumTex abandoned the PP at one point?

That's like... worse than the Beatles breaking up.
Since Tex isn’t here to speak for himself, can anyone elaborate on this?
I think I did not handle the deleting the quotes correctly. Therefore, I believe that was NOT Medium Tax speaking (or writing) but was, instead, mathjak.

Vinny
lol okay that makes sense. It didn't look like Tex's writing, and I could find that particular sentence in his post history.
You actually had ME going for awhile. I said to myself how could I have NOT noticed Medium Tex writing something like THAT!

Vinny
****couldn’t find

Lol yeah!! Honestly, it was kind of heartbreaking for a moment there thinking he said that.

It was like reading that Steve jobs interview from way back when, when he said computers weren’t changing the world.
If you go back to page 64 of the Topic (this one) you'll see BOTH Medium Tex and Craig chiming in with some quite humorous posts!

Vinny
"I only regret that I have but one lap to give to my cats."
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dualstow
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Re: No where to hide

Post by dualstow » Fri Jan 24, 2020 10:45 pm

The cellphone text style lack of punctuation and capitalization indicates mathjak. He has — I forgot the medical word — neuropathy? — a problem with his fingertips which may not affect drumming but it does make typing uncomfortable(?) Do I have that right, MJ?
“As a white person of colour, I am extremely concerned about the rise of black whiteness.” — Titania McGrath
pariah — 1610s member of a low caste in S. India; Tamil (Dravidian) “drummer”, as members of the lowest caste played drums at festivals. “social outcast,” 1819.
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Re: No where to hide

Post by mathjak107 » Sat Jan 25, 2020 3:25 am

yes ...it is from un-diagnosed diabetes
Kbg
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Re: No where to hide

Post by Kbg » Sat Jan 25, 2020 11:35 am

vnatale wrote:
Fri Jan 24, 2020 10:01 am
iwealth wrote:
Fri Jul 10, 2015 9:23 am
On the bright side, at least in this forum, the people that complain most about the PP don't actually hold their entire portfolios in the 25/25/25/25 allocation. So yes, it'd appear that the rest are happy and/or not paying attention to the daily ebbs and flows.

There's not a single person around here that uses a 25/25/25/25 allocation that has lost money if they've held for longer than 12 months. What else can be said?
STILL a TRUE statement?

Vinny
No, in fact that very year the classic PP lost ~3% and in 2018 lost ~2%

In the last 11 full years 4 of them have had slightly negative returns.
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Xan
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Re: No where to hide

Post by Xan » Sat Jan 25, 2020 11:38 am

Kbg wrote:
Sat Jan 25, 2020 11:35 am
vnatale wrote:
Fri Jan 24, 2020 10:01 am
iwealth wrote:
Fri Jul 10, 2015 9:23 am
On the bright side, at least in this forum, the people that complain most about the PP don't actually hold their entire portfolios in the 25/25/25/25 allocation. So yes, it'd appear that the rest are happy and/or not paying attention to the daily ebbs and flows.

There's not a single person around here that uses a 25/25/25/25 allocation that has lost money if they've held for longer than 12 months. What else can be said?
STILL a TRUE statement?

Vinny
No, in fact that very year the classic PP lost ~3% and in 2018 lost ~2%

In the last 11 full years 4 of them have had slightly negative returns.
It still technically /might/ be true, if there don't happen to be posters who owned a PP for exactly the wrong set of 12 months.
Kbg
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Re: No where to hide

Post by Kbg » Sat Jan 25, 2020 11:45 am

That’s the best you got!? ;)
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