Excess Returns Challenging "Stocks for the Long Run" with Jason Buck
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Aug 22, 2024 Join Jason Buck from Mutiny Funds, an expert challenging conventional stock investing wisdom. He argues that historical U.S. stock returns might be an anomaly and stresses understanding real versus nominal returns. Buck shares insights on building resilient, diversified portfolios through concepts like fractal diversification. He challenges traditional views on withdrawal rates in retirement and discusses the advantages and risks of leveraging investments. Plus, discover unconventional investing strategies that could reshape your financial mindset.
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US Stock Market Dominance
- US stock market dominance could be linked to the Industrial Revolution and population growth.
- Future returns might differ as population growth slows and US dominance potentially decreases.
Real vs. Nominal Returns
- Focus on real returns (nominal returns minus inflation) to understand actual purchasing power.
- Inflation significantly impacts long-term returns, and savings should outpace inflation.
Global Market Returns
- US real stock market returns have historically been around 7%.
- Global developed markets have returned around 5%, with significant variations between countries.