#4: Bill Fleckenstein on Central Banks, Financial Bubbles and White Burgundy
Superinvestors and the Art of Worldly Wisdom
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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