James Bond = Permanent Portfolio

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Tortoise
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James Bond = Permanent Portfolio

Post by Tortoise »

It just occurred to me that James Bond is a cleverly crafted metaphor for the Permanent Portfolio.

First and most obviously, we have his name: Bond... Long-Term Bond?

Next, we have the fact that James Bond is a SPY. The S&P 500 ETF SPY. A clear reference to the PP's stock piece.

Then, there's Miss Moneypenny. A clever reference to the PP's cash piece.

Finally, there are the titles of these three James Bond films: Goldfinger, The Man With the Golden Gun, and GoldenEye. I think that pretty well covers the PP's gold piece.

If you think about it, James Bond is the PP. When everything around him is explosively volatile and the fate of the free world is in doubt, he always keeps his cool like it's just another day and completes his mission.

He always gets the girl(s), too! Sexiness isn't exactly a hallmark of the PP, but hey--telling a good story often involves an embellishment or two ;)

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MediumTex
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Re: James Bond = Permanent Portfolio

Post by MediumTex »

Another fact about James Bond that few know is that his full name is actually James Harry Browne Bond.
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moda0306
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Re: James Bond = Permanent Portfolio

Post by moda0306 »

Tortoise,

(Slow clap)

Sincerely,

Everyone
"Men did not make the earth. It is the value of the improvements only, and not the earth itself, that is individual property. Every proprietor owes to the community a ground rent for the land which he holds."

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Bob
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Re: James Bond = Permanent Portfolio

Post by Bob »

While the BOND PP is rock solid,  it also appears from the picture that you can't go wrong by investing in either Smith & Wesson and Diageo in the VP portion of your portfolio!
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Re: James Bond = Permanent Portfolio

Post by Liz L. »

Well done.
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