4min chapter

The Rational Reminder Podcast cover image

What Happens after Bonds Crash? (plus Reading with Aydin Mirzaee) (EP.199)

The Rational Reminder Podcast

CHAPTER

Is There a Single Oftnable Portfolio?

There are infinite optimal portfolios for each individual investor, depending on their outside income and other assets. So there is no single oftnable portfolio. People can own dividends, divident paing stocks. When stock prices fall, expected returns also rise. But it's not nearly as mechanical with bonds. And that's what really matters because you don't need to look at the numbers in isolation.

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