Gyroscopic Investing

Free book until at least midnight tonight...

https://www.amazon.com/dp/B09ZHMTV3L

Inflation: The Silent Retirement Killer: How to Outwit the Fed and Their Extraction of Your Wealth

Picked it up, thanks.

Thanks, downloaded. Just finished Belanger's, so will have a look at this one at some point.

Vil wrote: ↑Sat May 07, 2022 3:45 am .. Just finished Belanger's, …

How did you like it? Does Belanger belong or not on my shelf?

dualstow wrote: ↑Sat May 07, 2022 6:54 am

Vil wrote: ↑Sat May 07, 2022 3:45 am .. Just finished Belanger's, …

How did you like it? Does Belanger belong or not on my shelf?

Looking forward to Vil's review as well.
For my part, I thought the book was good, especially the analysis of the issues.

However, for the solution I must disagree somewhat. To base the recommended allocation on a backtest of gold/SP500 to 1970 is rather "brave". Mathematically, you could come to an optimal allocation in 1929, based on the prior 50 years. However I doubt that allocation would have been optimal during the Great Depression. I much prefer the basis the PP is founded on (then again, I am biased! ).

The book is certainly worth purchasing and is an interesting read.

I appreciate that, Hal.

Well, you have high expectations from me, dear forum-mates. I'd rather say Belangp's book is just fine - and as the cliché goes- it's full of unconventional wisdom (saving rate is more important than rate of returns, gold is better stock diversifier for longer periods than bonds, etc.) and its nice read for anyone that's interested in portfolio construction. However, one can argue for equal number of points too - whether the portfolio is not a result of some sufficiently good data mining exercise (but that can be said for many of the mass-use portfolios...).
Given that dualstow has decades long experience on financial matters and have followed Belangp's YT channel , I'd be more cautious in putting the book on his shelf, and I guess its overcrowded there anyway ...

It’s almost a certainty that you know more about finance than I, Vil, as with most everyone on the forum. Luckily, I don’t need to know everything to invest successfully.