A Bond-Free Portfolio: Why Cash Should Replace Bonds To Reduce Risk And Improve Returns
A Bond-Free Portfolio: Why Cash Should Replace Bonds To Reduce Risk And Improve Returns by Kendall J. Anderson, CFA, Anderson Griggs Investments
In a recent interview, Howard Marks, the great investor and co-chairman of Oaktree Capital, quoted the original Dr. Doom, Henry Kaufman, who once said “There are two kinds of people who lose money: those who know nothing and those who know everything.” Those of us who are . . .
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