4 ms·
He's still been the most successful investor in modern history, including covid. It's a blip to him - and he's right. He's one of the few to consistently beat
by cik 6y ago
He's still been the most successful investor in modern history, including covid. It's a blip to him - and he's right. He's one of the few to consistently beat the S&P 500, and even so, he recommends just buying the index.
- fiachamp 6y agogood luck buying the index in a zero interest rate policy world...see nikkei since 1990 for example performance
- cik 6y agoA zero interest (or low) interest rate doesn't have to equal stagnation. The free flow of money could also kick start an entire generation of entrepreneurs, solely by reducing capital risk. The performance of the Nikkei is significantly more complicated than just a low interest rate. For example. the lack of productivity and population growth in Japan is another set of pieces that also impacts the rate of return.