Comments on: Counterparties http://blogs.reuters.com/felix-salmon/2010/09/16/counterparties-221/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: TFF http://blogs.reuters.com/felix-salmon/2010/09/16/counterparties-221/comment-page-1/#comment-18493 Fri, 17 Sep 2010 23:32:06 +0000 http://blogs.reuters.com/felix-salmon/?p=5375#comment-18493 Agreed, ckbryant. Worst time to buy an investment is at the end of a bull run. Best time is after a decade or two of underperformance. Like so much else, these things go in cycles.

I’ve seen some decent arguments why bonds aren’t likely to crash. With an aging and risk-averse population, demand might easily remain high for a long time. Unfortunately that could translate to decades of low (below-inflation?) returns from the bond market.

]]>
By: Christofurio http://blogs.reuters.com/felix-salmon/2010/09/16/counterparties-221/comment-page-1/#comment-18464 Fri, 17 Sep 2010 04:48:21 +0000 http://blogs.reuters.com/felix-salmon/?p=5375#comment-18464 Randal Picker’s article doesn;’t show razors-and-blades up as a myth at all. Rather, it shows that razors-and-blades seems to be a workable strategy even AFTER the relevant patent has expired, and even if the strategy is not even introduced until then. That means that the reality is more complicated than the “myth,” but the myth still provides an accurate outline of pricing policy 1921-1930.

]]>
By: ckbryant http://blogs.reuters.com/felix-salmon/2010/09/16/counterparties-221/comment-page-1/#comment-18414 Thu, 16 Sep 2010 12:05:01 +0000 http://blogs.reuters.com/felix-salmon/?p=5375#comment-18414 “US 10-year returns by asset class. Sobering”

Honestly, it makes me think I have too much money in bonds. Those returns are lunatic. Perhaps a good portion of the poor return in stocks can be explained in terms of the above-trend nineties, but bonds? They’ve had twenty good years and simply can’t produce that kind of return going forward.

And gold…let’s leave that one alone. I’m in no mood for religious arguments at this hour of the morning.

]]>
By: absinthe http://blogs.reuters.com/felix-salmon/2010/09/16/counterparties-221/comment-page-1/#comment-18410 Thu, 16 Sep 2010 05:36:09 +0000 http://blogs.reuters.com/felix-salmon/?p=5375#comment-18410 That book review is hilarious, but you should link to the first page. They have bad web design, no continuation indicator up front.

]]>