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Re:U.S. Stocks Rise After S&P 500’s Record Close by mhb on Wednesday August 19, 2020 @02:10PM (#24213812)
The permanent portfolio is an investment portfolio designed to perform well in all economic conditions. It was devised by free-market investment analyst, Harry Browne, in the 1980s. The permanent portfolio is composed of an equal allocation of stocks, bonds, gold, and cash, or Treasury bills.

https://www.investopedia.com/terms/p/permanent-portfolio.asp

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