One point that should be stress that these investment researchers may not be consistent. One would expect Bill Bernstein to be a hardcore AA, but he has been indicated in a few interview that he has purchase security because it has an attractive valuation and vice versa. I notice that in another thread someone mentioned that Bill Bengen, the originator of the 4% rule, uses a third party dynamic allocation service.
Does this mean everything the two Bills have mentioned is worthless because they failed to follow their own advice consistently? I think not. However, you should evaluate these advise if it fits you, since your financial life is unlikely to be similar to the two Bills or whoever the author is.
Does this mean everything the two Bills have mentioned is worthless because they failed to follow their own advice consistently? I think not. However, you should evaluate these advise if it fits you, since your financial life is unlikely to be similar to the two Bills or whoever the author is.
Statistics: Posted by gavinsiu — Tue Apr 09, 2024 2:39 pm — Replies 74 — Views 4768