I recently took part in a discussion with Joshua from the Radical Personal Finance podcast about the PP. I gave a shout out to Craig & MediumTex's book and pointed people to this forum as a resource.
In the podcast I spoke just about my personal perspective on why I chose the PP as a private individual investor, but I think I gave a fair overview for anyone interested in the PP. Let me know what you think.
http://radicalpersonalfinance.com/30/
Permanent Portfolio discussed on the Radical Personal Finance Podcast
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Permanent Portfolio discussed on the Radical Personal Finance Podcast
Last edited by Jake on Sun Aug 17, 2014 8:15 am, edited 1 time in total.
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buddtholomew
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Re: Permanent Portfolio discussed on the Radical Personal Finance Podcast
Well done Jake! Good synopsis of the PP and typical responses from an individual that hasn't internalized the concept very well. Looking at assets in isolation is a common pitfall. There is some misconception that the PP is not appropriate for an accumulator and only for capital preservation. Returns are comporable to more equity centric allocations, but with less volatility.
Last edited by buddtholomew on Sun Aug 17, 2014 10:24 am, edited 1 time in total.
"The first principle is that you must not fool yourself and you are the easiest person to fool" --Feynman.