Talk Your Book: Investing in Fixed Income
Animal Spirits Podcast
00:00
The Inefficiency of the Aggregate Bond Index
A lot of people don't really understand what's in those total bond or aggregate bond indexes. The numbers actually show actively managed fixed income does a lot better than an equity side of things. We look at the index again as a proxy for the market and we think there are times to own risk and fixed income times to avoid risk.
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