Gyroscopic Investing

Posted: **Fri Aug 21, 2020 10:29 am**

IMHO this new post on Portfolio Charts is one to bookmark and share. It's by far the best piece on gold I've ever read.

https://portfoliocharts.com/2020/08/21/ ... e-of-gold/

Posted: **Fri Aug 21, 2020 11:18 am**

Yeah, awesome article! It answered a couple of questions I had about gold.

In other, but related, news: Paul Tudor Jones Buys Bitcoin as a Hedge Against Inflation, more detail here. Bitcoin was not around when Harry Browne created the PP, but I start to wonder now if adding it is a good idea?

Posted: **Fri Aug 21, 2020 11:50 am**

Kevin K. wrote: ↑Fri Aug 21, 2020 10:29 am IMHO this new post on Portfolio Charts is one to bookmark and share. It's by far the best piece on gold I've ever read.

https://portfoliocharts.com/2020/08/21/ ... e-of-gold/

I agree. It's a great primer for those looking for a quick FAQ on gold. Honestly, it should probably be pinned at the top of the gold forum.

Posted: **Fri Aug 21, 2020 11:53 am**

senecaaa wrote: ↑Fri Aug 21, 2020 11:18 am Yeah, awesome article! It answered a couple of questions I had about gold.

In other, but related, news: Paul Tudor Jones Buys Bitcoin as a Hedge Against Inflation, more detail here. Bitcoin was not around when Harry Browne created the PP, but I start to wonder now if adding it is a good idea?

IMO Bitcoin has no place in the PP for reasons discussed ad nauseum in other threads. It is strictly a speculative play and one that I have chosen to pass on.

Posted: **Fri Aug 21, 2020 12:11 pm**

Ad Orientem wrote: ↑Fri Aug 21, 2020 11:53 am IMO Bitcoin has no place in the PP for reasons discussed ad nauseum in other threads. It is strictly a speculative play and one that I have chosen to pass on.

Well, people change their minds. PTJ also hated bitcoin, but not anymore. And this is not some average investor.

Posted: **Fri Aug 21, 2020 1:00 pm**

great article tyler

Posted: **Fri Aug 21, 2020 2:13 pm**

I posted about it over on Bogleheads so let the cardiac arrests begin...,,.,

Posted: **Fri Aug 21, 2020 2:29 pm**

Kevin K. wrote: ↑Fri Aug 21, 2020 2:13 pm I posted about it over on Bogleheads so let the cardiac arrests begin...,,.,

Kevin opens the front door of his house and sees......

Posted: **Fri Aug 21, 2020 3:39 pm**

I figured the crew here would enjoy that one.

It took a while to put together, but I admit it's kinda nice to finally document everything. I'm glad to hear it makes sense!

Posted: **Sat Aug 22, 2020 6:02 pm**

senecaaa wrote: ↑Fri Aug 21, 2020 11:18 am Yeah, awesome article! It answered a couple of questions I had about gold.

In other, but related, news: Paul Tudor Jones Buys Bitcoin as a Hedge Against Inflation, more detail here. Bitcoin was not around when Harry Browne created the PP, but I start to wonder now if adding it is a good idea?

That's easy: no.
If you want it in your VP, go right ahead.
It doesn't have 1/10th of the track record needed to determine how it would behave in different economic environments.

Posted: **Sat Aug 22, 2020 7:26 pm**

Libertarian666 wrote: ↑Sat Aug 22, 2020 6:02 pm
senecaaa wrote: ↑Fri Aug 21, 2020 11:18 am Yeah, awesome article! It answered a couple of questions I had about gold.

In other, but related, news: Paul Tudor Jones Buys Bitcoin as a Hedge Against Inflation, more detail here. Bitcoin was not around when Harry Browne created the PP, but I start to wonder now if adding it is a good idea?
That's easy: no.
If you want it in your VP, go right ahead.
It doesn't have 1/10th of the track record needed to determine how it would behave in different economic environments.

+1

Posted: **Fri Mar 26, 2021 1:43 am**

Kevin K. wrote: ↑Fri Aug 21, 2020 2:13 pm I posted about it over on Bogleheads so let the cardiac arrests begin...,,.,

What did the Bogle Heads think?

Posted: **Fri Mar 26, 2021 1:45 am**

Tyler wrote: ↑Fri Aug 21, 2020 3:39 pm I figured the crew here would enjoy that one.

It took a while to put together, but I admit it's kinda nice to finally document everything. I'm glad to hear it makes sense!

The analogy about the individual bullets not causing harm because Neo understood the big picture was profound.

Posted: **Fri Mar 26, 2021 10:40 am**

ppnewbie wrote: ↑Fri Mar 26, 2021 1:45 am The analogy about the individual bullets not causing harm because Neo understood the big picture was profound.

I imagine your comment is probably meant for this similarly-titled thread, but thanks! I do like how it captures the right mindset.

Posted: **Fri Mar 26, 2021 4:41 pm**

Tyler wrote: ↑Fri Mar 26, 2021 10:40 am
ppnewbie wrote: ↑Fri Mar 26, 2021 1:45 am The analogy about the individual bullets not causing harm because Neo understood the big picture was profound.

I imagine your comment is probably meant for this similarly-titled thread, but thanks! I do like how it captures the right mindset.

That was a very well done article

Gyroscopic Investing

Tyler hits it out of the park - again!

Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!

Re: Tyler hits it out of the park - again!