Brian Fung | @[email protected] @b_fung
As long as bonds and equities stay negatively correlated, dumping 40% of your net worth into cars and baseball cards seems like a massive unnecessary risk. The point of bonds isn’t to chase returns, it’s a hedge against volatility — which you’d be buying in spades with alts. — PolitiTweet.org
Chamath Palihapitiya @chamath
The conventional approach to investing for retirement was 60% equities and 40% bonds. If your goal was 10% a year t… https://t.co/LNaTFDBFK9
