"Divide your fortune into four equal parts: stocks, real estate, bonds and gold coins. Be prepared to lose on one of them most of the time. During inflation, you will lose on bonds and win on gold and real estate; during deflation, you lose on real estate and

win on bonds, while your stocks will see you through both periods, though in a mixed fashion."

Read the full At Issue - Fuggers (Reprinted from Fall 2005)