Robert Wenzel, of EconomicPolicyJournal.com, wrote a piece the other day on Harry Browne.  He says that despite his passing, Browne is the best money manager around.

This is a short article and well worth the read.  I couldn’t agree more with his comments.  Wenzel also recommends that everyone keep at least half of their investments in a setup like the permanent portfolio, as outlined in Harry Browne’s book, Fail-Safe Investing.  I completely agree and that is for advanced investors.  For conservative investors or investors who don’t know what they’re doing, I would recommend closer to 100% being put in a permanent portfolio.

Harry Browne was a clear writer and a clear thinker.  His investment advice is as good today as it was many years ago.  And as Wenzel points out with his discussion with Lew Rockwell, Harry Browne’s book, How You Can Profit From the Coming Devaluation, is a great easy-to-read book.  It lays out the Austrian business cycle with pure simplicity.