Permabear Portfolio Ideas

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jalanlong
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Permabear Portfolio Ideas

Post by jalanlong » Sat Jun 27, 2020 6:17 pm

If one were going to make a permabear investment portfolio, what would it consist of? Obviously gold. Maybe Swiss Francs. Any other safe haven currencies? I know technovelist does something along the lines of 66% gold, 17% cash and 17 Swiss Annuity. Any other ideas for such a portfolio?
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Smith1776
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Re: Permabear Portfolio Ideas

Post by Smith1776 » Sat Jun 27, 2020 6:22 pm

Look no further than the Ron Paul portfolio.

https://seekingalpha.com/article/472131 ... -portfolio

https://www.cnbc.com/id/100978321
The WSJ asked William Bernstein, an investment manager at Efficient Portfolio Advisors, to review the portfolio. He said the following, and he wasn't kidding:

"This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds."
I love it. I'm always curious about the long-term performance of unusual allocations.
PP + VP + Bank Cash + Physical Bullion
Knucklehead (noun): Someone who knows the expense ratio of everything but the value of nothing.
The true measurement of a person's worth isn't what they say they believe in, but what they do in defense of those beliefs. If you're not acting on your beliefs, then they probably aren't real. - Edward Snowden
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technovelist
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Re: Permabear Portfolio Ideas

Post by technovelist » Sun Jun 28, 2020 7:08 pm

Smith1776 wrote:
Sat Jun 27, 2020 6:22 pm
Look no further than the Ron Paul portfolio.

https://seekingalpha.com/article/472131 ... -portfolio

https://www.cnbc.com/id/100978321
The WSJ asked William Bernstein, an investment manager at Efficient Portfolio Advisors, to review the portfolio. He said the following, and he wasn't kidding:

"This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds."
I love it. I'm always curious about the long-term performance of unusual allocations.
Good, except 9 mm is too wimpy. You need .357 or .45 if you want to make sure the results are as desired.
Another nod to the most beautiful equation: e + 1 = 0
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Smith1776
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Re: Permabear Portfolio Ideas

Post by Smith1776 » Sun Jun 28, 2020 7:14 pm

technovelist wrote:
Sun Jun 28, 2020 7:08 pm
Good, except 9 mm is too wimpy. You need .357 or .45 if you want to make sure the results are as desired.
You should send William Bernstein a firmly worded letter lol.
PP + VP + Bank Cash + Physical Bullion
Knucklehead (noun): Someone who knows the expense ratio of everything but the value of nothing.
The true measurement of a person's worth isn't what they say they believe in, but what they do in defense of those beliefs. If you're not acting on your beliefs, then they probably aren't real. - Edward Snowden
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l82start
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Re: Permabear Portfolio Ideas

Post by l82start » Sun Jun 28, 2020 7:35 pm

Smith1776 wrote:
Sun Jun 28, 2020 7:14 pm
technovelist wrote:
Sun Jun 28, 2020 7:08 pm
Good, except 9 mm is too wimpy. You need .357 or .45 if you want to make sure the results are as desired.
You should send William Bernstein a firmly worded letter lol.
small cap vs big cap? O0
“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series of hobgoblins, most of them imaginary.”

Belief is the death of intelligence. As soon as one believes a doctrine of any sort, or assumes certitude, one stops thinking about that aspect of existence
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Smith1776
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Re: Permabear Portfolio Ideas

Post by Smith1776 » Sun Jun 28, 2020 7:50 pm

l82start wrote:
Sun Jun 28, 2020 7:35 pm
small cap vs big cap? O0
LMAO
PP + VP + Bank Cash + Physical Bullion
Knucklehead (noun): Someone who knows the expense ratio of everything but the value of nothing.
The true measurement of a person's worth isn't what they say they believe in, but what they do in defense of those beliefs. If you're not acting on your beliefs, then they probably aren't real. - Edward Snowden
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