Yesterday I wrote about the permanent portfolio having it best stretch in 40 years.
The inspiration behind this idea came from a conversation Josh and I were having on “What Are Your Thoughts?”
The inspiration behind this idea came from a conversation Josh and I were having on “What Are Your Thoughts?”
He asked what has happened historically after periods of outsized returns, so I had the brilliant Nick Maggiulli look into this.
I expected to see some mean reversion, but that’s not the case. It turns out that m…
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