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This isn't actually true. Alternatives include bonds, commodities, credit, real estate, etc. At least some of these are less overvalued (look at Hertz bonds vs
by fancyfredbot 6y ago
This isn't actually true. Alternatives include bonds, commodities, credit, real estate, etc. At least some of these are less overvalued (look at Hertz bonds vs stock for example). What does seem to be true is that a lot of people aren't considering anything other than equities.
- reducesuffering 6y agoTINA means no reasonable portfolio will ever contain 0% equities. All other asset classes can be reasonably substituted.