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https://rationalreminder.ca/podcast/150 https://rationalreminder.ca/podcast/150 The data shows that gold actually isn't that great of an inflation hedge. It do
by auxym 4y ago
https://rationalreminder.ca/podcast/150 https://rationalreminder.ca/podcast/150
The data shows that gold actually isn't that great of an inflation hedge. It does keep a relatively stable real value, but only on a timescale of centuries. For any investment horizon on the scale of a human life, it's too volatile.
Highly recommend this podcast in general, though it does go pretty deep into technical stuff sometimes. They recently had an hour long interview with Nobel prize winner Eugene Fama (of efficient market hypothesis fame) for their 200th episode. On the topic of investing for retirement, I do recommend their interview with Wade Pfau among others. They also had an arc of a few episodes on the topic of the psychology of money and the relation with happiness, which I thought was super interesting.