"Investors and savers need an escape plan. The safety boat which Dr. Faber has in mind entails a highly diversified portfolio.
Among the basket of assets he proposes are a 25% allocation to stocks, a 25% allocation to property, 30-year U.S. Treasuries and precious metals."
http://www.goldcore.com/us/gold-blog/fi ... als-faber/
Marc Faber has proposed an eerily familiar asset allocation
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Libertarian666
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Re: Marc Faber has proposed an eerily familiar asset allocation
Hmm, his portfolio sounds vaguely familiar 
Re: Marc Faber has proposed an eerily familiar asset allocation
By not crediting Harry Browne, he is either arrogant or ignorant.
Faber is great, but he's still just an entertainer.
Faber is great, but he's still just an entertainer.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Marc Faber has proposed an eerily familiar asset allocation
What he put forth on CNBC is not a Permanent Portfolio. No need to credit Harry Browne (and please don't!).
"I think it's worthwhile to have your own safety boat"
"I have advised my investors and also on this program that you have to have a diversification and that you should hold around 25% in stocks, 25% in real estate and actually today I just bought a 30-year Treasury bond" … "And I would also hold some commodities, precious metals."
A Permanent Portfolio is 25% stocks, true, but 0% real estate in final iteration (and never 25%). It is also 0% other commodities. It also specifies percentages of 30-year bonds, and of gold, while Mr. Faber did not.
I don't think that Mr. Faber's pontifyings have anything to do with Harry Browne nor the Permanent Portfolio and the 25% figures were just a coincidence due to the fact that 25% is always a nice, round figure; Harry wasn't the first to notice that.
"I think it's worthwhile to have your own safety boat"
"I have advised my investors and also on this program that you have to have a diversification and that you should hold around 25% in stocks, 25% in real estate and actually today I just bought a 30-year Treasury bond" … "And I would also hold some commodities, precious metals."
A Permanent Portfolio is 25% stocks, true, but 0% real estate in final iteration (and never 25%). It is also 0% other commodities. It also specifies percentages of 30-year bonds, and of gold, while Mr. Faber did not.
I don't think that Mr. Faber's pontifyings have anything to do with Harry Browne nor the Permanent Portfolio and the 25% figures were just a coincidence due to the fact that 25% is always a nice, round figure; Harry wasn't the first to notice that.