Gyroscopic Investing

MediumTex wrote:I always thought that the PP was sort of like The Beatles.  Four members, three of whom could be leading the group at any given point in time, but in practice two members doing most of the heavy lifting.

WildAboutHarry wrote:

MediumTex wrote:I always thought that the PP was sort of like The Beatles.  Four members, three of whom could be leading the group at any given point in time, but in practice two members doing most of the heavy lifting.

Interesting analogy.

Would you care to elaborate on which Beatle is what asset

WildAboutHarry wrote:
Interesting analogy.

Would you care to elaborate on which Beatle is what asset

MediumTex wrote:
Ringo is cash.  Placeholder, source of dry powder.  In a disaster can lead the group.

George is LT bonds.  Strong member, but never the leader.  Made some great contributions and helped even out the rest of the group.

Paul is the stock market.  Reliable creator of wealth.  Easy for the regular person to understand.

John is gold.  Volatile, widely misunderstood.  Creator of timeless art.  Died in early 1980s.

MediumTex wrote:

WildAboutHarry wrote:

MediumTex wrote:I always thought that the PP was sort of like The Beatles.  Four members, three of whom could be leading the group at any given point in time, but in practice two members doing most of the heavy lifting.

Interesting analogy.

Would you care to elaborate on which Beatle is what asset

Ringo is cash.  Placeholder, source of dry powder.  In a disaster can lead the group.

George is LT bonds.  Strong member, but never the leader.  Made some great contributions and helped even out the rest of the group.

Paul is the stock market.  Reliable creator of wealth.  Easy for the regular person to understand.

John is gold.  Volatile, widely misunderstood.  Creator of timeless art.  Died in early 1980s.