Very nice presentation.
The presenter first reiterates what other pundits have told us about how future stocks and bonds will be crummy at about 1% real return in the next 10 years. So, how does one beat the market and get a higher return?
He talks about how choosing an active mutual fund manager is not going to help you, and that you have to do it yourself. He concludes with a suggestion that 99% of us will find very difficult to do. That is to have the guts to overbalance into asset classes that have underperformed, not just to rebalance.
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"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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