An applied investment strategy guide by Craig Rowland and J. M. Lawson detailing the classic Permanent Portfolio framework originally developed by Harry Browne. The book explains how to build a passive, low-risk portfolio evenly distributed across four primary asset classes—25% stocks, 25% long-term treasury bonds, 25% cash, and 25% physical gold—designed to preserve and grow capital across…
Authored by investment consultant and scholar Charles D. Ellis, this seminal financial guide posits that modern investing has shifted from a \"winner\'s game\" to a \"loser\'s game,\" where market outcomes are largely determined by avoiding costly individual errors rather than outsmarting institutional competitors. The volume outlines enduring portfolio management strategies, advocating for bro…