AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
RWH049: Crushing The Market Over 50 Years w/ Jay Bowen
We Study Billionaires - The Investor’s Podcast Network
Bonds and Municipal Funds: A Long-Term Perspective
Municipal funds should avoid holding bonds due to the strong data against it. These funds typically operate in perpetuity with a long-term outlook, aligning with the average career span of public service workers like firefighters and policemen. Historical analysis reveals that every 20-year period includes a mix of bull and bear markets, speculative bubbles, wars, and recessions, indicating that long-term investment strategies must account for market volatility and economic fluctuations.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode