4 ms·
Odd that the iBand seems like the most "important" of your predictions even though it's objectively something we could do without with no loss of capability fro
by rdl 13y ago
Odd that the iBand seems like the most "important" of your predictions even though it's objectively something we could do without with no loss of capability from today. I guess that's the definition of being a nerd :) (as well as v long AAPL)
I'm curious if funds will have enough freedom of action to stay out of fixed income more than they otherwise would. I honestly have no idea why even a 50-65 year old now would put anywhere near the "traditional" levels of money into bonds; longer lifespans, prolonged low interest rate environment, and a diversified global equity market seem to make going underweight bonds, even with the risk of a 20% (or even 50%) market correction in equities, rational.
I think on Obamacare you're letting your desire for a good future override rational analysis of what's most likely. I believe healthcare reform is a good thing, and some of what's in Obamacare is good, but it is a big change, and has people actively opposing it, and hasn't been implemented with much competence, so we're going to end up with a clusterduck for the next year at least.