What happened to clive?
Moderator: Global Moderator
- Ad Orientem
- Executive Member
- Posts: 3483
- Joined: Sun Aug 14, 2011 2:47 pm
- Location: Florida USA
- Contact:
Re: What happened to clive?
No investment plan, including the permanent portfolio, should ever trump the exercise of common sense. If a currency is clearly going down in flames why would you buy it? If someone nukes LA and New York I am not going to be rebalancing my PP. Seriously. Are there really people who don't grasp this?
Trumpism is not a philosophy or a movement. It's a cult.
Re: What happened to clive?
Anyone think the dollar and other currencies have turned up relative to gold?
Talking major turn.We'll see..
Talking major turn.We'll see..
-
- Executive Member
- Posts: 5994
- Joined: Wed Dec 31, 1969 6:00 pm
Re: What happened to clive?
No.annieB wrote: Anyone think the dollar and other currencies have turned up relative to gold?
Talking major turn.We'll see..
Re: What happened to clive?
This is apparently one of clive's principal objections to the PP, so maybe he doesn't grasp it.Ad Orientem wrote: No investment plan, including the permanent portfolio, should ever trump the exercise of common sense. If a currency is clearly going down in flames why would you buy it? If someone nukes LA and New York I am not going to be rebalancing my PP. Seriously. Are there really people who don't grasp this?
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: What happened to clive?
We haven't considered the possibility that "C.L.I.V.E." is really just a quant robot that spams internet forums with rapidly changing investment suggestions.MediumTex wrote:This is apparently one of clive's principal objections to the PP, so maybe he doesn't grasp it.Ad Orientem wrote: No investment plan, including the permanent portfolio, should ever trump the exercise of common sense. If a currency is clearly going down in flames why would you buy it? If someone nukes LA and New York I am not going to be rebalancing my PP. Seriously. Are there really people who don't grasp this?
I assume the name stands for something.
C alculated
L ifetime
I nvestment
V aluation
E ffectiveness
Last edited by Gumby on Tue Aug 20, 2013 3:40 pm, edited 1 time in total.
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.
- Pointedstick
- Executive Member
- Posts: 8883
- Joined: Tue Apr 17, 2012 9:21 pm
- Contact:
Re: What happened to clive?
I think I can understand it. He characterizes, "Don't rebalance into hyperinflation, that's silly" as market timing, which you're not supposed to do. The obvious reply is that it's not market timing, it's common sense, but I think this underscores the extent to which one person's common sense can be another person's secret wisdom. Perhaps to Clive, his complicated timing portfolio is common sense. If hyperinflation and a dollar collapse ever arrives within my lifetime, I sure hope that it's common sense to me.MediumTex wrote:This is apparently one of clive's principal objections to the PP, so maybe he doesn't grasp it.Ad Orientem wrote: No investment plan, including the permanent portfolio, should ever trump the exercise of common sense. If a currency is clearly going down in flames why would you buy it? If someone nukes LA and New York I am not going to be rebalancing my PP. Seriously. Are there really people who don't grasp this?
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
- CEO Nwabudike Morgan
- CEO Nwabudike Morgan
Re: What happened to clive?
Locking topic. Serves no purpose complaining about people that were banned. If there is something specific to discuss, then bring it up in the general discussion. Thanks.
Last edited by craigr on Tue Aug 20, 2013 6:14 pm, edited 1 time in total.