Thank you for reading and taking a minute to comment!
I have to tip my hat to you. In one sentence, you managed to summarize the underlying thesis of my somewhat lengthy article. Well done!
Another way I have seen it put is that, at this particular juncture in time, you do not have to venture too far out on the risk profile to generate acceptable returns. Interestingly, if enough investors figure that out, that in and of itself may constrain gains in the market.
As Dorothy would say,"Toto, we aren't in Kansas anymore."
Cash is clearly uncorrelated to the market, and if it's producing adequate returns, it should be a larger part of a balanced portfolio.
Strange times indeed.
Thank you for reading and taking a minute to comment!
I have to tip my hat to you. In one sentence, you managed to summarize the underlying thesis of my somewhat lengthy article. Well done!
Another way I have seen it put is that, at this particular juncture in time, you do not have to venture too far out on the risk profile to generate acceptable returns. Interestingly, if enough investors figure that out, that in and of itself may constrain gains in the market.