
Jack Bogle Remembered on Masters in Business (Podcast)
Masters in Business
00:00
Bond Index Funds
I don't believe in big reaching for yield at all. The yield in a bond has a 91% today's yield, a 91% correlation with the return you're going to get the next 10 years. So it should be a better assortment of risks that potentially is generating more returns. And as long as you're holding it for decades, the short term volatility is irrelevant.
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