Gyroscopic Investing

Pointedstick wrote:

Desert wrote: I really like the idea of a medical/health section.  I think that would generate a lot of discussion.

I like that too!

+1.


I also was thinking about personal finance/non-investing section, but there is one on Bogleheads already.

This is a place where the Bogleheads have feared to go.

Reub wrote: This is a place where the Bogleheads have feared to go.

Of course they have! This forum is full of blasphemy with all the talk about forbidden assets - gold and LTTs. 

Reub wrote: If we stop expanding we will cease to exist.

Why does that remind me of your views on foreign policy? 

Please substitute the word growing for the word expanding.  I hope that it sounds more palatable to you libertarians now.

Up to you guys..  I'm fine with either a separate forum or renaming this to "other lazy portfolios."  The bottom line is, I'm far more interested in discussing other lazy asset allocations rather than the few PP funds out there.

Let's get this show on the road!

Yeah, let's do it. It's about time. 

Aye

It is fine by me.  I do believe there is a manager in Australia that mangers money for others with a PP approach as well as at least one hedge fund that has a similar but modified approach, in a similar manner how PRPFX is not really 25x4 any more either.  Another option would be to add a second subforum here or in the Variable portions.  Any portfolio not PP would technically be a VP wether passive or active

Reub wrote: Being that this section is lacking in posts and interest, I propose changing this section to highlight the myriad of other lazy portfolios. There are a lot of them out there and their discussion may draw more interest than simply discussing PRPFX and PERM ad nauseum. What do you think?

Excellent idea.

I think we heard enough aye's to go ahead with the change. Who has the power to make our dreams true?

TennPaGa wrote:

foglifter wrote: I think we heard enough aye's to go ahead with the change. Who has the power to make our dreams true?

The moderators talked about this a little bit a couple of months ago, but decided against the idea.  We want to keep the board section names focused on the Permanent Portfolio.

But, by all means, start new lazy portfolio threads -- they fit fine in both the "Other Discussions" and the "Variable Portfolio Discussion" sections.

-- TPG

Just make sure to stay on topic with whatever you post. 

It would be great to have a section on here where PP data for several major economies is available. Recently belgo showed interest in a European PP but I don't think we were of much help. I think a big reason is that we just don't have the European PP data readily available. Yes, I know it can really only go back as far as when the Euro was introduced, but even that could be instructive. Japan data would be great to see with the Japanese having been mired in a deflationary cycle for a couple of decades. Craig had a great evaluation of the Icelandic PP during their big crisis, but that could use an update as well. OK, so I am getting away from major economies, but it seems this forum is too USA-centric.

It would be interesting to see how this portfolio really performs under different kinds of stress tests, some of which we haven't seen here in the US, at least since 1972 or 1975 (the usual two starting point when looking at the US PP).

barrett wrote: It would be interesting to see how this portfolio really performs under different kinds of stress tests, some of which we haven't seen here in the US, at least since 1972 or 1975 (the usual two starting point when looking at the US PP).

After 2008, the PP has a pretty nice data set showing how it works in periods of deflation, inflation, prosperity and different types of recessionary conditions.

What would you like to see that you don't think has happened yet?

Are you wanting another inflationary period?  To me, the 1970s showed pretty clearly that the PP works just fine during periods of inflation.

MediumTex wrote: After 2008, the PP has a pretty nice data set showing how it works in periods of deflation, inflation, prosperity and different types of recessionary conditions.

What would you like to see that you don't think has happened yet?

Are you wanting another inflationary period?  To me, the 1970s showed pretty clearly that the PP works just fine during periods of inflation.

That's a good question. Japan is often on my mind because I see so many deflationary signals around the world. Does anyone have good up-to-date PP data on Japan? I've seen it written up in the past (maybe by Craig?) but don't know how it's done the last several years. My recollection is that in an extended low-rate, low-growth environment, the PP generates returns that are barely positive, both in real and nominal terms.

And that isn't meant as a complaint. I just strongly believe it's important to know what the limitations of a portfolio are.

I like the idea of having sections for other lazy portfolios (which are not, strictly speaking, VPs), personal finance, and science & medicine.  Is it possible to add more categories?

I do enjoy lurking on the Boglehead personal finance section and it would be great to have more discussions like that here.

Or we could just close this entire section down because it is essentially deader than Rand Paul's campaign.
Sorry, I couldn't resist.