#4: Bill Fleckenstein on Central Banks, Financial Bubbles and White Burgundy
Superinvestors and the Art of Worldly Wisdom
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The Risk Parity of Bonds
Bonds are dead for sure you're losing. If it makes you feel better to own a few bonds, fine. But that brings up a good point too. This might be the first cycle where we see bonds not a very good hedge when stocks go down. Right. Well, there's another wild card is risk parity. I would say 60 or 70 if I didn't know for sure the central banks were going to ride to the rescue.
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