
Charles D. Ellis Interview (Replay):Masters in Business (Audio)
Masters in Business
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The Real Return of Inflation Adjusted Bonds
Most of those gains come in the last 10 years. That's the biggest, so if you're starting at 25, the bulk of your gains are coming in the last fifth of your investment horizon. So let's see what else. There's one or two other things. We've covered some stuff. You know what I didn't talk to you about? So you were working in the midst of the bear market of 66 to 82. When we had 10, 12% inflation rate and stocks went nowhere for 16 years. Ooh, yeah, stocks didn't go nowhere, stocks went down. The drop in the value of the down Jones average, just to take any measure, the drop
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