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The Permanent Portfolio
- Harry Browne's Long-Term Investment Strategy
- Narrated by: Mark Delgado
- Length: 11 hrs and 42 mins
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Summary
An up close look at an investment strategy that can handle today's uncertain financial environment.
Market uncertainty cannot be eliminated. So rather than attempt to do away with it, why not embrace it? That is what this book is designed to do. The Permanent Portfolio takes you through Harry Browne's Permanent Portfolio approach - which can weather a wide range of economic conditions from inflation and deflation to recession - and reveals how it can help investors protect and grow their money.
Written by Craig Rowland and Mike Lawson, this reliable resource demonstrates everything from a straightforward four-asset Exchange Traded Fund (ETF) version of the strategy all the way up to a sophisticated approach using Swiss bank storage of selected assets for geographic and political diversification. In all cases, the authors provide step-by-step guidance based upon personal experience. This timeless strategy is supported by more than three decades of empirical evidence.
The authors skillfully explain how to incorporate the ideas of the Permanent Portfolio into your financial endeavors in order to maintain, protect, and grow your money. Includes select updates of Harry Browne's Permanent Portfolio approach, which reflect our changing times
The Permanent Portfolio is an essential guide for investors who are serious about building a better portfolio.
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- Mr. H.
- 04-02-21
insightful book on diversification in a portfolio.
interesting book highlighting the importance of diversification across different assets with their relationship to the economic cycle as well as the concept of antifragility so that you don't loose an amount that would take too long to recover from or in extreme cases wipe you out. Reminds everyone that what has never happened before will happen and investors need to make sure they are prepared for these events. a great introduction for anyone wanting to understand more about portfolio construction. although very US centric he goes to great efforts to try and help the listener apply to concept to their own geographical location.
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