EP 321. Where Do We Go From Here? 39x Shiller PE, Inflation, Interest Rates, China, etc
Focused Compounding
00:00
Is There a Big Issue With Inflation?
Insurers have to be very careful about inflation. Berkshire had a really bad year around that time period. They also may buy too many in longere turm bonds, things. And then, of course, it doesn't really help them if they buy equities instead of bonds. It's not prom if you hold cash.
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