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Bill Bernstein on Financial History, Star Managers & The 4 Pillars of Investing | #490

The Meb Faber Show - Better Investing

CHAPTER

The Future of Inflation

I'm reasonably optimistic about future security returns, both for people who are going to be putting money away. I think that expected returns have increased to the point that you can increase those burn rates by about a percent. Going from 2% to 3% gives you 50% more spending power. But who knows? Bill, we're running out of quotes. What else is on your mind as this book goes to print?"

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