David: > It is a bit unfair to start your graph in 1999, which was the height of a > stock bubble. Equally skewed results occur > if the graph starts in 2009 (or even 2003).
But, David, I did what I did without knowing the future of August 1999. All I knew then was a few things I read in a few books. I switched to the long term US Treasuries, 100%, in August 1999 and stayed put 100% in the long term US Treasuries thereafter. Did I know what would happen in 2012, then? No! I know, it is unfair, but this is what I did. I am talking about my own performance. Are you telling me that I should not have done what I did? Best, Sabri PS: By the way, I switched to bonds 100% in the summer of 1998, but to the Lehman Bond Index tracked by PIMCO, managed by our Bill Gross, then. I have beaten Bill bad, too. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
