Lorenzo Ippoliti

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Permanent portfolios: the strategy for investing in any economic condition

Lately, it has become fashionable again to talk about “Lazy portfolios”. Here we will use the term “Permanent Portfolios”*, as it is the best known among them (although this is a linguistic simplification). What are “permanent portfolios”? Permanent portfolios” are nothing more than long-term strategic asset allocations in which the assets comprising the portfolio are…

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