The Generational Buying Opportunity

When we published the generational buying opportunity in march of two thousand nine, wasn't because i had any great insight. It was because we looked at the data and said these ten years ending february o 9, or the second war oirst, ten year real rate of return for us. And then coupled with that was also the fact that the long bond had out performed the equity market over the previous 30, 20, 15, ten, five year period. Soi love the counter intuitive aspect of this. And i agree about emerging markets, the buyang hold there, i would not advocate.