.. of The Four Pillars of Investing by William Bernstein. But I just reached page 56 where the author states "Going forward, it looks like stock and bond returns should in the 6% range, not the 10% historical reward. Don't shoot me, I'm only the messenger."
6%? That doesn't sound very rosy at all. At this point, I feel like I was just given the conclusion 1/6th of the way into the book. Am I in for a surprise later on in the book, or have I just been slapped with reality?
6%? That doesn't sound very rosy at all. At this point, I feel like I was just given the conclusion 1/6th of the way into the book. Am I in for a surprise later on in the book, or have I just been slapped with reality?