The Permanent Portfolio: Skeptical, But No Dismissive
March 13, 2018 at 08:00 AM EDT
I will admit, when I first read about the Permanent Portfolio in the late-80s, I was somewhat skeptical, but not totally dismissive. Here is the classic Permanent Portfolio, equal proportions of: S&P 500 stocks The longest Treasury Bonds Spot Gold Money market funds Think about Inflation, how...