PRPFX Back Testing

Discussion of funds that implement the Permanent Portfolio strategy

Moderator: Global Moderator

Post Reply
User avatar
MediumTex
Administrator
Administrator
Posts: 9096
Joined: Sun Apr 25, 2010 11:47 pm
Contact:

Re: PRPFX Back Testing

Post by MediumTex »

SmallPotatoes wrote: Cuggino has created a genius allocation scheme with PRPFX. If I could only own one fund this would be it. 
Harry Browne and his associate Terry Coxon actually came up with the strategy and Terry Coxon created the fund.

Coxon managed the fund from its inception until 2000 or so when he was forced to resign as part of an SEC investigation which reads a bit like a witch hunt.

Cuggino just happened to be in the right place at the right time to get the job, because it was very much Coxon's baby from 1982 until the date he resigned.

Cuggino may be a good stock picker, but I wouldn't give him credit for any more than that (though he is certainly a good caretaker of the fund and the strategy and seems like a good guy).
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
SmallPotatoes
Senior Member
Senior Member
Posts: 141
Joined: Fri Jun 04, 2010 10:25 am

Re: PRPFX Back Testing

Post by SmallPotatoes »

Cuggino for Pres. 2012, maybe?

In all seriousness, Cuggino was not even mentioned in HB's book (Coxon is).  I don't know enough about his picking to remark on his choice securities.  Surley, had I been chosen to manage PRPFX I might seem like a genius right now too.
Post Reply