Line of the Day – a little financial portfolio talk

by Skip

”This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds”

- William Bernstein, investment manager

And that portfolio makeup?

  • 21% – real estate
  • 14% – cash.
  • 0% – bonds / bond funds
  • 0.1% – stock funds (all “short,” or make bets against, U.S. stocks)
  • 64% – gold and silver mining stocks

Whose?

Congressman Ron Paul’s

(H/T:  Greg Mankiw)

Leave a Comment

  • C. dog e. doG

    So what does The Plastic Man and Newt The Red Eft have in their basement?  Rumor has it the latter may have buried a wife or two down there, and the former his principals.
    – C. dog opts not to pick the poisonous Republican fruits

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