Nov 9, 2024
Yes, and in many cases you’re doing great . But that’s all more of an illusion. Those assets still work in a market and prices will return to the mean even if it’s an inflated mean. And when prices realign to an inflated mean you will likely find that what once was “great” or even “fine” return didn’t really keep up with inflation all that well, especially if we slide into a recession which will affect asset prices dramatically.