This one of the more important concepts to understand for asset allocators.
How to prepares one's mindset & psychology if years & years of poor returns are ahead for most asset classes?
How to prepares one's mindset & psychology if years & years of poor returns are ahead for most asset classes?
https://twitter.com/GungomusPrime/status/1321379534164365312
Aggregated 15 developed markets, using a traditional portfolio of stocks & bonds, show the highest valuations in two and half centuries. 
On the real estate side, most developed economies residential real estate CAP rates have hit rock bottom — indicating very little, if any value, for the long term investors.
Across all traditional asset classes, valuations signal a very difficult decade ahead.
We have essentially borrowed returns from the future, by stimulating endlessly & continuously over the last 10 years.
Towards 2030, the most important outcome will be NOT to lose money.
We have essentially borrowed returns from the future, by stimulating endlessly & continuously over the last 10 years.
Towards 2030, the most important outcome will be NOT to lose money.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
