Why the PP works
Posted: Thu May 24, 2012 3:53 pm
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Clive,
Just a quick look, but did you find a black hole? Silver did a number of down years and I wonder if you looked at an annual rebalance and what the result would do to the averages. Also it looks like you would have been a winner during the great Depression in the 1930's with all your monies back by 1933. It appears the loss was about 28% and it fits my thesis that you can have a 40% drawdown and still be a big winner if the system breaks down.