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	<title>Crawling Road &#187; risk management</title>
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	<link>http://crawlingroad.com/blog</link>
	<description>The Permanent Portfolio, Investing, Finance and Random Thoughts.</description>
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	<itunes:summary>The Crawling Road Money Show focuses on investing, finance and economics. We discuss the Permanent Portfolio and other topics to make investing simple and successful.</itunes:summary>
	<itunes:author>Craig Rowland</itunes:author>
	<itunes:explicit>clean</itunes:explicit>
	<itunes:image href="http://www.crawlingroad.com/podcasts/logo.jpg" />
	<itunes:owner>
		<itunes:name>Craig Rowland</itunes:name>
		<itunes:email>podcastsxml@crawlingroad.com</itunes:email>
	</itunes:owner>
	<managingEditor>podcastsxml@crawlingroad.com (Craig Rowland)</managingEditor>
	<copyright>2010 Craig Rowland</copyright>
	<itunes:subtitle>Simple investing for success.</itunes:subtitle>
	<itunes:keywords>investing, permanent portfolio, indexing, stocks, bonds, cash, gold, harry browne, john chandler, craig rowland, craigr, crawling road</itunes:keywords>
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	<itunes:category text="Business">
		<itunes:category text="Investing" />
	</itunes:category>
		<item>
		<title>Article: Lessons for investors from Japan&#8217;s lost decades</title>
		<link>http://crawlingroad.com/blog/2011/09/22/article-lessons-for-investors-from-japans-lost-decades/</link>
		<comments>http://crawlingroad.com/blog/2011/09/22/article-lessons-for-investors-from-japans-lost-decades/#comments</comments>
		<pubDate>Thu, 22 Sep 2011 15:49:12 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5974</guid>
		<description><![CDATA[




Hat Tip to Odysseusa for this article from Globe and Mail:
Lessons for investors from Japan&#8217;s lost decades
The lesson? Broad diversification works.
A Japanese investor who held government bonds, foreign stocks, precious metals and cash, in addition to domestic shares, would have blunted the  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/09/22/article-lessons-for-investors-from-japans-lost-decades/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Taking the Turns</title>
		<link>http://crawlingroad.com/blog/2011/08/19/taking-the-turns-2/</link>
		<comments>http://crawlingroad.com/blog/2011/08/19/taking-the-turns-2/#comments</comments>
		<pubDate>Fri, 19 Aug 2011 18:04:48 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5885</guid>
		<description><![CDATA[




In relation to yesterday&#8217;s post on portfolio firewalls, it reminded me of something&#8230;
I knew a guy that was a seasoned network architect. We were talking one day about network design and highest performance. Being young and dumb, I thought that highest performance was all that needed to be  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/08/19/taking-the-turns-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Stop Losses and the Permanent Portfolio</title>
		<link>http://crawlingroad.com/blog/2011/08/15/stop-losses-and-the-permanent-portfolio/</link>
		<comments>http://crawlingroad.com/blog/2011/08/15/stop-losses-and-the-permanent-portfolio/#comments</comments>
		<pubDate>Tue, 16 Aug 2011 01:08:45 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[rebalancing]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=4990</guid>
		<description><![CDATA[Someone wanted to know if using stop losses is a good idea for the Permanent Portfolio. In short, no they aren&#8217;t.
For the uninitiated, a stop loss is an automatic order in place at the broker to sell a security when a certain low price has been reached. The theory is that you can set a stock price  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/08/15/stop-losses-and-the-permanent-portfolio/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A ship in the storm&#8230;</title>
		<link>http://crawlingroad.com/blog/2011/08/04/a-ship-in-the-storm/</link>
		<comments>http://crawlingroad.com/blog/2011/08/04/a-ship-in-the-storm/#comments</comments>
		<pubDate>Fri, 05 Aug 2011 00:14:45 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[diversification]]></category>
		<category><![CDATA[permanent portfolio]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5820</guid>
		<description><![CDATA[The markets are very volatile. I will remind readers that your portfolio is a package made up of very volatile assets. But put together they make a smoother ride. The individual assets may move in strong directions, but the overall portfolio value is all that matters in the end.
Don&#8217;t focus on the  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/08/04/a-ship-in-the-storm/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Asset Class Correlations: It&#8217;s All Bunk</title>
		<link>http://crawlingroad.com/blog/2011/06/13/asset-class-correlations-its-all-bunk/</link>
		<comments>http://crawlingroad.com/blog/2011/06/13/asset-class-correlations-its-all-bunk/#comments</comments>
		<pubDate>Tue, 14 Jun 2011 00:04:15 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[diversification]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=2191</guid>
		<description><![CDATA[Ever hear about asset class correlations? It's all bunk. ]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/06/13/asset-class-correlations-its-all-bunk/feed/</wfw:commentRss>
		<slash:comments>16</slash:comments>
		</item>
		<item>
		<title>Analysis of the Icelandic Economic Collapse of 2008</title>
		<link>http://crawlingroad.com/blog/2011/02/28/analysis-of-the-icelandic-economic-collapse-of-2008/</link>
		<comments>http://crawlingroad.com/blog/2011/02/28/analysis-of-the-icelandic-economic-collapse-of-2008/#comments</comments>
		<pubDate>Mon, 28 Feb 2011 18:14:44 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[hyper-inflation]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[SHTF]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5663</guid>
		<description><![CDATA[The Mises institute just released an e-book analyzing the root causes of the economic collapse in Iceland in 2008. I have just started reading it, but the authors are building a case of the usual suspects (Central Banks, fiat currency and economic planners) behind the debacle:]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2011/02/28/analysis-of-the-icelandic-economic-collapse-of-2008/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Have Gold ETFs Ruined Gold as an Asset Class?</title>
		<link>http://crawlingroad.com/blog/2010/11/29/have-gold-etfs-ruined-gold-as-an-asset-class/</link>
		<comments>http://crawlingroad.com/blog/2010/11/29/have-gold-etfs-ruined-gold-as-an-asset-class/#comments</comments>
		<pubDate>Mon, 29 Nov 2010 08:17:48 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[ETFs]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5406</guid>
		<description><![CDATA[Forum member &#8220;murphy_p_t&#8221; posted an article from the Wall Street Journal:
Behind Gold&#8217;s New Glister: Miners&#8217; Big Bet on a Fund
From the article:
&#8230;skeptics argue GLD could become a Godzilla-like beast if the gold rally reverses sharply. They say its buying has already turbo-charged gold prices,  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2010/11/29/have-gold-etfs-ruined-gold-as-an-asset-class/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>2010-11-04 – Asset Volatility and Risk</title>
		<link>http://crawlingroad.com/blog/2010/11/04/crawling-road-podcast-%e2%80%93-episode-4-%e2%80%93-asset-volatility-and-risk/</link>
		<comments>http://crawlingroad.com/blog/2010/11/04/crawling-road-podcast-%e2%80%93-episode-4-%e2%80%93-asset-volatility-and-risk/#comments</comments>
		<pubDate>Thu, 04 Nov 2010 07:01:31 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[Podcast]]></category>
		<category><![CDATA[podcasts]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5234</guid>
		<description><![CDATA[In this episode I discuss the four asset classes of the Permanent Portfolio and volatility. I also discuss risk in investing and the need to not look at assets in isolation in your portfolio.]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2010/11/04/crawling-road-podcast-%e2%80%93-episode-4-%e2%80%93-asset-volatility-and-risk/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
<enclosure url="http://crawlingroad.com/podcasts/CrawlingRoadPodcast.Episode.4.mp3" length="26709181" type="audio/mpeg" />
			<itunes:keywords>podcasts,risk,risk management</itunes:keywords>
		<itunes:subtitle>In this episode I discuss the four asset classes of the Permanent Portfolio and volatility. I also discuss risk in investing and the need to not look at assets in isolation in your portfolio.</itunes:subtitle>
		<itunes:summary>In this episode I discuss the four asset classes of the Permanent Portfolio and volatility. I also discuss risk in investing and the need to not look at assets in isolation in your portfolio.</itunes:summary>
		<itunes:author>Craig Rowland</itunes:author>
		<itunes:explicit>clean</itunes:explicit>
		<itunes:duration>27:49</itunes:duration>
	</item>
		<item>
		<title>Journal of Indexes: Rediscovering Gold As An Asset Class</title>
		<link>http://crawlingroad.com/blog/2010/10/21/journal-of-indexes-rediscovering-gold-as-an-asset-class/</link>
		<comments>http://crawlingroad.com/blog/2010/10/21/journal-of-indexes-rediscovering-gold-as-an-asset-class/#comments</comments>
		<pubDate>Thu, 21 Oct 2010 22:44:44 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[rick ferri]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=5001</guid>
		<description><![CDATA[Continuing on the last post, I was just made aware of an article from the Journal of Indexes outlining the usefulness of gold as a diversifying asset in an investment portfolio. It is a discussion of whether gold held long term in a portfolio is able to reduce risks and help returns. This paper says it can. Something that Harry Browne argued for some time and I also came to believe after doing my own analysis. ]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2010/10/21/journal-of-indexes-rediscovering-gold-as-an-asset-class/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Gold Ownership in an Investment Portfolio</title>
		<link>http://crawlingroad.com/blog/2010/10/18/gold-ownership-in-an-investment-portfolio/</link>
		<comments>http://crawlingroad.com/blog/2010/10/18/gold-ownership-in-an-investment-portfolio/#comments</comments>
		<pubDate>Tue, 19 Oct 2010 01:24:22 +0000</pubDate>
		<dc:creator>craigr</dc:creator>
				<category><![CDATA[Investing]]></category>
		<category><![CDATA[Permanent Portfolio]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[risk control]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://crawlingroad.com/blog/?p=4992</guid>
		<description><![CDATA[On some investment forums the idea of the Permanent Portfolio is very strange. After all, it holds gold and everybody knows that gold is a net zero real return asset (e.g. it matches inflation historically and that&#8217;s it). Or they say it&#8217;s in a &#8220;bubble&#8221; and it&#8217;s going to pop. Fair enough. But that  [...]]]></description>
		<wfw:commentRss>http://crawlingroad.com/blog/2010/10/18/gold-ownership-in-an-investment-portfolio/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
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