I know they’re boring and the future returns look lousy, but if you’re not going to hold any bonds make sure you know what you’re missing.
The Investor
Good reads from around the Web. Regular readers will know I’ve long warned people not to get scared out of equities over the past few years. With the emblematic US Dow Index touching the “psychologically important” (i.e. headline spouting) 14,000 level on Friday, I can’t help remembering some of my own articles: Why I buy [...]
Should focus more on the achievements of buisiness people and less on their philanthropy? Probably not, but it’s a provocative thought…
Everything the Federal Reserve thinks is minuted. That means it can’t revise history to sound smarter. Beware those who do.