4 ms·
> Yes losing money sucks, but are you really so afraid of volatility you would rather earn practically nothing from 3 month T-bills? Isn't the market's current
by MuffinFlavored 6y ago
> Yes losing money sucks, but are you really so afraid of volatility you would rather earn practically nothing from 3 month T-bills?
Isn't the market's current valuation actually not that expensive given the fact that it isn't only 3 month T-bills that earn practically nothing? 1, 5, and 10 year bonds are equally bad in terms of ROI at the moment, right?
- bhk 6y agoJeremy Grantham: "We've got an artificial rate structure ... And we're going to use that as a yardstick? We're going to say 'Stocks are cheap because they are less utterly ludicrous than a 30 year bond, or cash which is deeply negative?'" https://www.bloomberg.com/news/videos/2021-01-22/why-grantham-says-the-next-crash-will-rival-1929-2000-video https://www.bloomberg.com/news/videos/2021-01-22/why-grantha... @14:51