44 ms·
Certainly, you have done well over the last ~18-24 months if you have exposure to the AI investment exuberance (VOO), just as you did well if you had exposure t
by toomuchtodo 5mo ago
Certainly, you have done well over the last ~18-24 months if you have exposure to the AI investment exuberance (VOO), just as you did well if you had exposure to certain securities during ZIRP or the pandemic. "Past performance is no guarantee of future results."
- andsoitis 5mo agoSince its September 2010 inception, VOO is up +816% in nominal total return, or +15.1%/yr annualized. The 10-year total return is 327%, and the 15-year average annual return is 14.4%. Hard to beat.
- toomuchtodo 5mo agoWhich you only know in hindsight, in the context of this performance benchmark. In that time frame, we had zero interest rate policy, a global pandemic, and now an AI bubble. "Will the conditions or events that led to my historical returns continue?" is a material component of forward looking exposure decisioning when investing.