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The Security Analysis Podcast

Craig Rowland: The Permanent Portfolio

Feb 28, 2024
Explore the simplicity and benefits of the Permanent Portfolio strategy, a low-volatility approach comprising stocks, gold, treasuries, and cash. Learn about the evolution of the concept and navigating financial markets. Discover the importance of index funds, gold in portfolios, and optimal allocation with US treasuries. Dive into discussions on cryptocurrency risks, vulnerabilities, and investing insights.
57:30

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The Permanent Portfolio is a low-volatility investment strategy with 25% stocks, gold, long-term treasuries, and cash for diversification.
  • Craig Rowland emphasized the importance of simplicity, diversification, and index funds in investing.

Deep dives

Overview of the Permanent Portfolio

The Permanent Portfolio, as discussed in the podcast, is a low volatility investment strategy that consists of 25% stocks, 25% gold, 25% long-term treasuries, and 25% cash. This allocation aims to provide a decent rate of return over the long run with minimal volatility, making it easy to stick with during market downturns. The portfolio was originally developed by Harry Brown and is lauded for its simplicity and effectiveness in diversifying risk across various economic conditions.

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