2min chapter

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#56: Joseph Wang On How The Fed Forever Altered The Investing Landscape

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Future of Bonds and Stocks

The big change will be that bonds are no longer going to be, I think, the safe asset that has a negative correlation to equities. If you're a company and we're in inflationary times, maybe your top line will go up a bit more. A shift out of treasuries into real estate, into equities, into gold would be the logical step in that world.

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