Over the last decade, there have been many proclamations that the traditional 60/40 portfolio is dead, mainly due to the fact that bonds were supposedly overvalued and yields couldn’t go any lower. This article from Ben Carlson highlights that while a 60/40 portfolio has delivered outstanding returns as a result of falling real interest rates…
Tag: returns
Know Thyself
The current whipsaw action of markets has resulted in a wide spectrum of forecasts ranging from a V-shaped recovery to the erosion of economies resulting in a prolonged recession. With forecasts abound, famed investor, Howard Marks, tackled this topic in his most recent memo. Mr. Marks notes one shock event is enough to throw forecasts…
Is It Really That Easy?
All too often we encounter a scenario seemingly so straightforward, observe another who makes something appear so natural, or judge a problem appearing to have an obvious solution. As it applies to investment management, we achieve or learn of others realizing superior returns in what feels or appears effortless. However, our perception deceives us, as…