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The Four Pillars of Investing with William Bernstein

Motley Fool Money

CHAPTER

The Treasury Bill Theory of Equanimity

This chapter explores the Treasury Bill Theory of Equanimity, highlighting the importance of including safe assets like Treasury bills in an investment portfolio to ensure financial stability. It also examines the performance of value stocks versus growth stocks, discussing the reasons behind the lag in value stocks and recommending a balanced investment approach.

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