Excess Returns  cover image

An Evidence-Based Approach to Markets with Larry Swedroe

Excess Returns

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Long Term Investors - Is There a Trend to Change Your Portfolio?

Long-term investors have a tendency to want to change their strategies due to inflation or the economy. Cliff Astner says, "You're going to sin as Cliff Astner said by changing your strategy" So what he does is broaden his portfolio and think much more of the way Ray Dalio and bridge one do. He owns things like reinsurance life settlements, drug royalties, and none of them are costing me to and 20 anymore.

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