The Permanent Portfolio intrigues me. Just looking at it seems like it ought to be too good to be true, and yet its performance since the 1980s has been quite good considering the low volatility. I just get the feeling that as soon as I drink that Kool-Aid at full tilt, it will turn toxic.
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)