I am out!

General Discussion on the Permanent Portfolio Strategy

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Gumby
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Re: I am out!

Post by Gumby »

Ad Orientem wrote:Sorry if you are looking for a conspiracy theorist you have knocked on the wrong door.
I don't think you need to believe in conspiracy theories to understand that the President often gets told that his agenda is a pipe dream and needs to be cast aside for whatever reasons. If you think about the first days of the Obama administration, Obama ordered the close of Guantanamo and a few weeks later it became clear that someone told him it couldn't be done.

http://en.wikipedia.org/wiki/First_100_ ... presidency

Obviously the idea of a boardroom full of people controlling the President is an exaggerated conspiracy theory, but in reality, people are constantly telling a President what he can and cannot do.
Nothing I say should be construed as advice or expertise. I am only sharing opinions which may or may not be applicable in any given case.
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Ad Orientem
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Re: I am out!

Post by Ad Orientem »

notsheigetz wrote:
Ad Orientem wrote: Sorry if you are looking for a conspiracy theorist you have knocked on the wrong door. I am not a Birther or a Truther. I think TWA Flight 800 was an accident. I think Vince Foster killed himself without any help from the CIA. Oswald killed Kennedy, all by himself. And yes Neil Armstrong really did go to the moon.
I'm with you on all but Oswald. I used to believe he more than likely acted alone but I'm not as firmly convinced as I once was.
Funny, I am the opposite. I used to be a card carrying conspiracy theorist. But I have been slowly cured over the years. The final nail in the coffin was Vince Bugliosi's book. The evidence against Oswald is just so overwhelming and there has never been any credible evidence of a conspiracy.
Trumpism is not a philosophy or a movement. It's a cult.
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Ad Orientem
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Re: I am out!

Post by Ad Orientem »

Gumby wrote:
Ad Orientem wrote:Sorry if you are looking for a conspiracy theorist you have knocked on the wrong door.
I don't think you need to believe in conspiracy theories to understand that the President often gets told that his agenda is a pipe dream and needs to be cast aside for whatever reasons. If you think about the first days of the Obama administration, Obama ordered the close of Guantanamo and a few weeks later it became clear that someone told him it couldn't be done.

http://en.wikipedia.org/wiki/First_100_ ... presidency

Obviously the idea of a boardroom full of people controlling the President is an exaggerated conspiracy theory, but in reality, people are constantly telling a President what he can and cannot do.
That's certainly fair and true. I strongly suspect that many presidents know damn well that some agenda items are impractical and no more than the red meat thrown out for the party base (think the GOP's every four year promise to abolish the income tax).

I was responding to the suggestion that persons other than the President are running the government or threatening to destroy the economy if he doesn't follow their orders. That's simply risible.
Trumpism is not a philosophy or a movement. It's a cult.
Robert
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Re: I am out!

Post by Robert »

Bye bye. All the performance chasers are being weeded out it looks like
Libertarian666
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Re: I am out!

Post by Libertarian666 »

Ad Orientem wrote:
Gumby wrote:
Ad Orientem wrote:Sorry if you are looking for a conspiracy theorist you have knocked on the wrong door.
I don't think you need to believe in conspiracy theories to understand that the President often gets told that his agenda is a pipe dream and needs to be cast aside for whatever reasons. If you think about the first days of the Obama administration, Obama ordered the close of Guantanamo and a few weeks later it became clear that someone told him it couldn't be done.

http://en.wikipedia.org/wiki/First_100_ ... presidency

Obviously the idea of a boardroom full of people controlling the President is an exaggerated conspiracy theory, but in reality, people are constantly telling a President what he can and cannot do.
That's certainly fair and true. I strongly suspect that many presidents know damn well that some agenda items are impractical and no more than the red meat thrown out for the party base (think the GOP's every four year promise to abolish the income tax).

I was responding to the suggestion that persons other than the President are running the government or threatening to destroy the economy if he doesn't follow their orders. That's simply risible.
Ha ha?
Gumby
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Re: I am out!

Post by Gumby »

Ad Orientem wrote:I was responding to the suggestion that persons other than the President are running the government or threatening to destroy the economy if he doesn't follow their orders. That's simply risible.
Yeah. I just having fun with the premise of a conspiracy movie that I like to imagine. The storyline is more interesting than our political reality — which isn't saying much.
Nothing I say should be construed as advice or expertise. I am only sharing opinions which may or may not be applicable in any given case.
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Pointedstick
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Re: I am out!

Post by Pointedstick »

Robert wrote: Bye bye. All the performance chasers are being weeded out it looks like
Hopefully the Fed doesn't weed them out...  :P It would be a shame if they sold all their gold--the only asset to do well in the last couple of weeks--in favor of more stocks which the Fed and president have basically stated their intention to crush.
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
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Coffee
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Re: I am out!

Post by Coffee »

This forum has worse attention deficit disorder than the ADD.com forums. 
Stay focused, people!
"Now remember, when things look bad and it looks like you're not gonna make it, then you gotta get mean. I mean plumb, mad-dog mean. 'Cause if you lose your head and you give up then you neither live nor win. That's just the way it is. "
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Re: I am out!

Post by Robert »

Hear hear!
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MediumTex
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Re: I am out!

Post by MediumTex »

Robert wrote: Hear hear!
The problem is that we often seem to go off topic in such interesting ways.
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buddtholomew
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Re: I am out!

Post by buddtholomew »

Yes, but it is a disservice to the OP and somewhat annoying when you are intensely interested in the thread topic. I too am guilty of tangential thought, but we should strive to stay on topic. The OP is all out, I am all-in. In my opinion, your ability to accept that investing is unpredictable will determine whether the PP is the right portfolio for an investor.
Last edited by buddtholomew on Tue Aug 20, 2013 10:38 pm, edited 1 time in total.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.
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MediumTex
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Re: I am out!

Post by MediumTex »

buddtholomew wrote: Yes, but it is a disservice to the OP and somewhat annoying when you are intensely interested in the thread topic. I too am guilty of tangential thought, but we should strive to stay on topic. The OP is all out, I am all-in. In my opinion, your ability to accept that investing is unpredictable will determine whether the PP is the right portfolio for an investor.
The trick with the PP is to fully internalize the concept.  Once you fully absorb it (and assuming that it makes sense to you), it's really not hard to leave it alone and let it do its thing.

Honestly, the biggest reason that I hope the PP ends 2013 with a gain is that I want all these new people to feel encouraged that they made the right decision.  I don't care that much either way about a single year of performance.

It's sort of like in Jaws when they put three barrels in the shark.  You just don't keep three barrels down (not for long anyway).

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