Episode 276: What "They" Don't Want You To Know About The FIRE Movement, A Case Study And Portfolio Reviews As Of July 14, 2023
Risk Parity Radio
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How the Tour Horse Changed Their Financial Strategy
In the 1980s, it was possible simply to put all of your assets into a high yielding CD and right off into the sunset. CDs were paying 8% or more at that point in time. You could get really good returns out of CDs. Now, did they stay with that strategy? The answer is no. If you're familiar with the way the tour horse actually lived, they had to change their strategy because that strategy stopped working.
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