From @CitywireWealth (citywire.com/wealth-manager/…)

Not 𝘛𝘩𝘦 𝘖𝘯𝘪𝘰𝘯.

A chart from @DataTrekMB showing the range in 20-year realized S&P returns (real and nominal) since 1947.

Sentiment update. Hills, Minnesota, population 686.

The goal of qualitative due diligence is to get past the narrative and discover the elements that can provide explanatory depth. That's the purpose of this course: academy.investmentecosystem.…

Older, published in 1987.

Via @FT.

From @WSJGraphics

Via @nberpubs

Via @pensionsnews.