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- First link is hour-long interview with Vanguard's CEO and their Chief Investment Officer fielding audience questions about investing. Lady doing the interview seems "novice." I'd agree the level of discourse is somewhat elementary - depending of course on one's level of knowledge.
Vanguard investors might find it worth viewing - more for a glimpse into management's thinking than for any new insights into the greatly overworked bond valuation issue.
*** Well, I looked at those gold charts and think they're kinda cool. Don't know what Charles is complaining about. For those inclined towards gold investing (not me), they provide a great many comparative looks at the precious yellow, including comparisons to some equity market sectors over the years and the return on investment on new investment in mines & infrastructure. Nothing to howl about if you dig gold!
Having said that, while the various comparisons may be valid, it's dangerous to try and extrapolate meaning from the history of an asset that's enjoyed a phenomenal bull run. That's gonna distort most comparisons. Maybe that's what some don't like. I've never been a big gold fan - even when it was soaring. Sure wouldn't advocate folks keeping more than a very small "shadow position" now.
On my GOLD CHARTS MUST SEE complaint, I guess I feel the presentation is manipulative, plays on people's fears, and uses art work more appropriate for Mad Magazine.
Here are couple counter examples, presented in similar manipulative fashion...
Just not my cup-of-coffee.
PS. The poorest SP500 performance over any twenty year period is plus 300%.
Comments
And the Vanguard clip is not much better.
Slide 21 was good too.
I did not had the patience to read further.
- First link is hour-long interview with Vanguard's CEO and their Chief Investment Officer fielding audience questions about investing. Lady doing the interview seems "novice." I'd agree the level of discourse is somewhat elementary - depending of course on one's level of knowledge.
Vanguard investors might find it worth viewing - more for a glimpse into management's thinking than for any new insights into the greatly overworked bond valuation issue.
*** Well, I looked at those gold charts and think they're kinda cool. Don't know what Charles is complaining about. For those inclined towards gold investing (not me), they provide a great many comparative looks at the precious yellow, including comparisons to some equity market sectors over the years and the return on investment on new investment in mines & infrastructure. Nothing to howl about if you dig gold!
Having said that, while the various comparisons may be valid, it's dangerous to try and extrapolate meaning from the history of an asset that's enjoyed a phenomenal bull run. That's gonna distort most comparisons. Maybe that's what some don't like. I've never been a big gold fan - even when it was soaring. Sure wouldn't advocate folks keeping more than a very small "shadow position" now.
Thanks John & regards, hank
https://personal.vanguard.com/us/insights/article/buckley-sauter-interview-01022013
On my GOLD CHARTS MUST SEE complaint, I guess I feel the presentation is manipulative, plays on people's fears, and uses art work more appropriate for Mad Magazine.
Here are couple counter examples, presented in similar manipulative fashion...
Just not my cup-of-coffee.
PS. The poorest SP500 performance over any twenty year period is plus 300%.