An aggressive, levered version of Browne’s Permanent Portfolio using four assets (UPRO, TMF, PFFV, GLDM) with ~25% each. It aims to amplify returns across stocks, long bonds, financials, and gold, but carries substantially higher risk due to 3x leverage and market regime shifts.

The portfolio uses four components with target weights: UPRO (25%) — levered S&P 500 exposure (aims to rise ~3x daily when the index goes up, and fall ~3x when it falls); TMF (27.5%) — levered long-term Treasury exposure (benefits when long bonds rise in price as rates fall); PFFV (25%) — variable-rate preferreds exposure (finances sector income with rate-sensitive yields); GLDM (22.5%) — gold exposure for hedging inflation and crisis risk. The total weights sum to 100%. It’s designed to capture gains across stock, bond, credit, and gold regimes while leveraging magnifies both gains and losses. Rebalancing is configured with a 7.5% corridor, but the plan states “rebalance: none,” meaning adjustments aren’t automatic. The approach is explicitly based on the Permanent Portfolio idea but uses levered proxies to boost potential returns, accepting much higher volatility and risk.

Leveraged four-asset strategy (UPRO, TMF, PFFV, GLDM) seeks higher, diversified upside across stocks, bonds, credit and gold. Out-of-sample: ~33.5% return vs 29.3% S&P; Sharpe ~1.70 vs 1.41; drawdown ~13.05% vs 13.73%.