Search found 161 matches

by ppnewbie
Mon Sep 14, 2020 4:45 pm
Forum: Permanent Portfolio Discussion
Topic: THE ALLEGORY OF THE HAWK AND SERPENT
Replies: 24
Views: 6416

Re: THE ALLEGORY OF THE HAWK AND SERPENT

August 2020 Returns from Artemis Capital Management:

Artemis Vega Fund, LP: +0.38%1
Artemis Hedgehog Composite: -1.90%2
The YTD net performance is:
Artemis Vega Fund, LP: +23.10%1
Artemis Hedgehog Composite: +5.81%2
by ppnewbie
Sat Sep 05, 2020 12:33 am
Forum: Gold
Topic: PSLV/AAAU vs SLV/GLD/IAU
Replies: 4
Views: 445

Re: PSLV/AAAU vs SLV/GLD/IAU

I’ll throw one thing out there. GLD custodian is HSBC - a bank in Hong Kong that is supposed to be a very shaky financial footing. I am not a finance expert so this is only passing along what I have heard. You can Google George Gammon and HSBC. He discusses Kyle Bass’s opinion on HSBC. IAU custodian...
by ppnewbie
Fri Aug 28, 2020 12:46 am
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 1975

Re: POLL: How did you overcome the fear of tracking error?

@ ppnewbie: Please note that negative interest rates ARE possible in the US. As I write, a 3 month Zero is going for a nominal rate of -0.02%. Real interest rates are actually lower than that (depending how you choose to measure inflation, of course.) What is a prudent investor to do? One way to he...
by ppnewbie
Fri Aug 28, 2020 12:38 am
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 1975

Re: POLL: How did you overcome the fear of tracking error?

Well I suppose the act of re-balancing forces you to sell the expensive asset(s) that have run up in price and buy the inexpensive asset(s) that is probably out of favor. Unless of course, all of the assets are moving up together which has happened before, in which case you would not be re-balancin...
by ppnewbie
Fri Aug 28, 2020 12:25 am
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 1975

Re: POLL: How did you overcome the fear of tracking error?

It’s tough - if I were to start right now. I am not sure I would buy in. One of my investment thesis is to buy things that are cheap. Right now nothing in the PP is cheap. It’s the opposite - very expensive. Cheap (or expensive) in relation to what? What it once cost? I remember meeting a gentleman...
by ppnewbie
Wed Aug 26, 2020 6:36 pm
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 1975

Re: POLL: How did you overcome the fear of tracking error?

It’s tough - if I were to start right now. I am not sure I would buy in. One of my investment thesis is to buy things that are cheap. Right now nothing in the PP is cheap. It’s the opposite - very expensive. It definitely does pose a dilemma to your excellent investment thesis. Vinny One thing I re...
by ppnewbie
Wed Aug 26, 2020 3:47 pm
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 1975

Re: POLL: How did you overcome the fear of tracking error?

It’s tough - if I were to start right now. I am not sure I would buy in. One of my investment thesis is to buy things that are cheap. Right now nothing in the PP is cheap. It’s the opposite - very expensive. It definitely does pose a dilemma to your excellent investment thesis. Vinny One thing I re...
by ppnewbie
Sun Aug 16, 2020 7:46 pm
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 1975

Re: POLL: How did you overcome the fear of tracking error?

It’s tough - if I were to start right now. I am not sure I would buy in. One of my investment thesis is to buy things that are cheap. Right now nothing in the PP is cheap. It’s the opposite - very expensive.
by ppnewbie
Sun Aug 16, 2020 2:19 am
Forum: Permanent Portfolio Discussion
Topic: POLL: How did you overcome the fear of tracking error?
Replies: 62
Views: 1975

Re: POLL: How did you overcome the fear of tracking error?

You have an interesting dilemma. The stock market is currently fake. TLT is bloated and could pop if we experience inflation. I would look at Tyler’s work at portfolio charts on start date sensitivity. Try to view the entire portfolio as one entity. IE If TLT collapses - gold and stocks would likely...
by ppnewbie
Sun Aug 16, 2020 2:08 am
Forum: Stocks
Topic: Tesla entering the SP 500
Replies: 18
Views: 676

Re: Tesla entering the SP 500

True. Now I feel worse with VOO. I should switch to the equal weight sp 500 etf. Any recommendations on a good one.
by ppnewbie
Tue Aug 11, 2020 11:57 am
Forum: Stocks
Topic: Tesla entering the SP 500
Replies: 18
Views: 676

Re: Tesla entering the SP 500

Personally I think it could be nearly worthless if all the accounting tricks, subsidies, and competition are taken into account. I hate that I am forced to purchase the stock through VOO.
by ppnewbie
Tue Aug 11, 2020 1:20 am
Forum: Stocks
Topic: Tesla entering the SP 500
Replies: 18
Views: 676

Tesla entering the SP 500

I am wondering how people feel about Tesla entering the SP 500? Personally I feel like the companies numbers are “inflated” at the very least. Weighted etf’s like VOO will have to allocate a large percentage of their funds to the stock that I think could be a house of cards.