A Great Holiday Gift

[Coffee]

I bought a copy of Craig and MediumTex's book, "The Permanent Portfolio" for myself a few weeks ago, even though I've been following Craig's blog for a long time.  I've also been fully invested in the PP for the past couple of years, but having a copy of the book on my shelf just seemed to make good sense.

While at my parents' house for Thanksgiving the subject of investing came up at the table, and I briefly mentioned the strategy I use (the PP) in front of everyone at the table.  In the past, I had discussed it with my 65 year-old father, but I was never sure if he was paying attention or not.  His investment strategy sounds more like speculation and gambling to me-- but what do I know?  I'd continue to send him links to Craig's articles occasionally, anyway. 

I was surprised when my father leaned over to my brother-in-law while I was describing the PP and said to him, "It's actually a very conservative strategy."  I guess I was surprised, since most people's reaction to 25% gold is, "What??? That's crazy!!"

Anyway-- I just purchased two additional copies as holiday gifts for both my father and my brother-in-law.  And I urge you to, too.  You never know who's portfolio you just might be saving!

http://www.amazon.com/The-Permanent-Por ... 118288254/

[AdamA]

I bought a copy of Craig and MediumTex's book, "The Permanent Portfolio" for myself a few weeks ago, even though I've been following Craig's blog for a long time.  I've also been fully invested in the PP for the past couple of years, but having a copy of the book on my shelf just seemed to make good sense.

While at my parents' house for Thanksgiving the subject of investing came up at the table, and I briefly mentioned the strategy I use (the PP) in front of everyone at the table.  In the past, I had discussed it with my 65 year-old father, but I was never sure if he was paying attention or not.  His investment strategy sounds more like speculation and gambling to me-- but what do I know?  I'd continue to send him links to Craig's articles occasionally, anyway. 

I was surprised when my father leaned over to my brother-in-law while I was describing the PP and said to him, "It's actually a very conservative strategy."  I guess I was surprised, since most people's reaction to 25% gold is, "What??? That's crazy!!"

Anyway-- I just purchased two additional copies as holiday gifts for both my father and my brother-in-law.  And I urge you to, too.  You never know who's portfolio you just might be saving!

http://www.amazon.com/The-Permanent-Por ... 118288254/

One of the interesting things about the PP is that, once someone is ready for it, the idea seems so simple it makes you say, "why didn't I think of that."  If, however, someone hasn't given much thought to investing and fretted over inflation vs deflation, etc, there's almost no way to convince them that the PP is a good idea.