expectations

  1. 3 June 2022

    Every asset class has bad years, even bonds

    Bonds have been performing terribly, yet I still call them defensive assets. Every asset class has bad years; regression to the mean is real; bond losses remain smaller than share losses; and your cap…

  2. 28 February 2020

    Is “early retirement” another pot at the end of the rainbow?

    What does "retirement" actually mean to you? For many of the people I talk to, early retirement isn't really about stopping work — it's about changing their relationship to work, or getting freedom to…

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