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Open original source ↗don't worry. we are moving up and to the left. the days of 3-5% equity yields don't make sense sense if AGI is real. it isn't the safe harbor you think it is...
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Howard Marks: "When you buy the S&P 500 at a 23x P/E, your 10-yr annualized return has always fallen between +2% and –2%, IN EVERY CASE, EVERY CASE!" https://t.co/v9xUf9inNK
patientinvestor ↗