mwengler comments on "Risk" means surprise - LessWrong

6 Post author: PhilGoetz 22 May 2015 04:47AM

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Comment author: PhilGoetz 22 May 2015 12:53:35PM *  0 points [-]

That's no reason to tell someone with hundreds of thousands of dollars to put half of it in bonds. The market isn't going to stay down for 10 years.

Comment author: mwengler 27 May 2015 10:37:36PM 0 points [-]

The market isn't going to stay down for 10 years.

Both the Nasdaq composite and the SP500 reached peaks in early 2000 which they did not get back to until 2013.