From The Crawling Road Blog - The Permanent Portfolio Discussion and More

Here’s the secret about market predictions I learned a while back: “Predict early and often!” Good market predictors make lots of predictions all the time. That way they always have something they can point to that shows they are right. Market gurus have so many predictions that are wrong [...]

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From The Crawling Road Blog - The Permanent Portfolio Discussion and More

Canadian Couch Potato recently interviewed Rick Ferri who had some comments on gold. He’s made these comments over the years but I think he misses the point or doesn’t want to get the point. Gold is just one asset in a diversified portfolio. It is not the only thing an investor should [...]

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From The Crawling Road Blog - The Permanent Portfolio Discussion and More

Here they come! The market prognosticators for 2010 are dusting off their crystal balls and sweeping their bad predictions for 2009 under the rug. I don't recommend acting on any of this advice. If you want to read predictions, make sure you read only the ones from the year before and not the current ones.

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From The Crawling Road Blog - The Permanent Portfolio Discussion and More

Have you seen the statement from the SEC that states: “Past performance does not guarantee future results?” Harry Browne once said that the above was one of the only true things he ever saw come from a government agency. However, it’s also the core belief behind the Permanent Portfolio [...]

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