Nobody can predict the next recession, inflation spike or market crash, but a portfolio can be built so that it does not need to. The Resilient Portfolio is a practical guide to the classic strategies designed to hold up in every economic climate. It starts with the principles of prudent wealth management, diversification and asset correlation, and the goals of a permanent portfolio: real returns, inflation protection and controlled risk. It then examines in depth Harry Browne’s Permanent Portfolio, its history, composition and track record, Ray Dalio’s All Weather approach and how it differs, the traditional 60/40, the Ivy portfolio and its variations, and Jack Bogle’s balanced index philosophy, with a historical comparison of how they have all behaved. Two chapters explain how to implement each strategy with ETFs and funds in the United States and in Europe. Written for the individual investor who values sleeping well over chasing the last point of return.
Nobody can predict the next recession, inflation spike or market crash, but a portfolio can be built so that it does not need to. The Resilient Portfolio is a practical guide to the classic strategies designed to hold up in every economic climate. It starts with the principles of prudent wealth m...