Behind The Markets Podcast: Bob Pisani
Behind the Markets Podcast
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Why Do Stocks Outperform Bonds?
Over long-term stocks outperform bonds, and you explain this in your book. The trouble is that people cling to bonds even if they're planning a long-term portfolio. But when you're 20 or 30 or 40 or 50, I mean, they cling to bonds because they don't go down as much in recessions. They never get to the long-run returns.
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