Just reading an update on this portfolio, apparently its only had 4 losing years since 1971, the largest drop was in 1981 when it fell 4.1 %. In 2008, when stocks dropped about 37 %, it lost less than 1 %.
Hi David
25% as per Harry's portfolio :D
I've read a bit about the PP as there's a few good resources out there including the Crawling Road website
Permanent Portfolio Performance and Historical Return
His books included
Fail-Safe Investing
Why Government Doesn't Work
The Great Libertarian Offer
How I Found Freedom in an Unfree World
Investment Strategy in an Uncertain World
Rule Your World!
Freedom Speeches
The War Racket
How You Can Profit from the Coming Devaluation & Monetary...
On the back of a post here in the Gold thread, I did some more digging on Harry Browne
Interesting fellow was old Harry and he wrote several books
Harry says that you should divide your investment money into two categories:
Money you cannot afford to lose.
Money you can afford to...