Gyroscopic Investing

It's quiet here... Maybe TOO quiet...

ochotona wrote:It's quiet here... Maybe TOO quiet...

It's just been too crazy. I think people are tired of screaming.

It’s wondeful to be heavy in stocks and still protected to the downside to the best of ones ability.

buddtholomew wrote:It’s wondeful to be heavy in stocks and still protected to the downside to the best of ones ability.

Until tomorrow...

Cortopassi wrote:

buddtholomew wrote:It’s wondeful to be heavy in stocks and still protected to the downside to the best of ones ability.

Until tomorrow...

Yes, but I’m ok with that.
What I’m not OK with is stocks gaining and the PP losing.

Up! Down! Up! Down!

I assume the Flash Boys have been making a killing lately.

Kriegsspiel wrote:Up! Down! Up! Down!

I assume the Flash Boys have been making a killing lately.

The good ones are making a killing. The bad ones are getting killed.

Maybe I'm out of touch, but how can front-running lose money?

I wonder if gambling were legal, stock volatility would decrease

"Trump threatens government shutdown in September if no funding for wall"

This might be the "bullet in the head" during a seasonally weak time for stocks at the end of a by then 9.5 year run.

The funny thing about these articles on predicting stock market performance is that they go entirely by trend lines, ratios etc...which are great ways of describing what happened after the fact. I found it hilarious that an article referring to the stock market drop of 2009 can manage to completely ignore the actual reason why it happened, as opposed to the valuation & trend line explanation.

I thought Harry Browne described this very well: the market is the sum total of millions of individual actions, responding to a set of circumstances that is unique to any given time period and will never recur in the same way again.

sophie wrote:the market is the sum total of millions of individual actions, responding to a set of circumstances that is unique to any given time period and will never recur in the same way again.

I like this one.

Also, another one I like, but forget the source (and I'm paraphrasing)..

"The past doesn't repeat itself, but it rhymes."

I believe it is the custom, when the source is unknown, to attribute quotes to Mark Twain.

I just looked it up. Yeah, erroneously attributed to Mark Twain. It was found in a book of poems by a poet, a guy named Colombo -- no, not the Lieutenant. Colombo. But the poet claimed he wasn't the original source either.

If the past rhymes, then are those who are doomed to repeat history lyrical geniuses?

Alternatively, you can always quote Yogi Berra:

"It's tough to make predictions, especially about the future."

My personal favorite though is one that might also apply to investing:

"Nobody goes there. It's too crowded."

Eufo makes a mistake attributional
Tortoise wonders if we're simply rapper tools
But it's history that rhymes
The people are just lines
And now we're off topic like usual

No one is making any money this year so far it seems....

True Corto, but look the PP is no better.
We need to internalize this.

Kriegsspiel wrote:Eufo makes a mistake attributional
Tortoise wonders if we're simply rapper tools
But it's history that rhymes
The people are just lines
And now we're off topic like usual

Haha
Makes me miss Medium Tex's drawn-out rap lyrics.

Although I’ve been 70/30 in retirement accounts I want to thank Tyler for opening my eyes on the benefit of SCV and how it complements the PP portfolio. Making that change towards GB has made all the difference.

Come on stocks, you can offset the losses in GLD and TLT.
I can, but only if you hold more of me than the other assets.

Has anybody here ever compared the total market capitalization of stocks, LTTs, gold, and cash?

If we assume that money "sloshes" between those four assets -- i.e., that if it flows out of one, a roughly equal amount must flow into one or more of the others -- then the portfolio would maintain a constant value only if the four assets were allocated according to total market capitalization, right?

It would be interesting to see those four percentages...