FYI: On this week’s Animal Spirits with Michael & Ben we discuss:
.The huge problems facing municipal pension plans.
.The pension fund Hail Mary in private equity.
.Jeremy Siegel’s less pessimistic expected return assumptions.
.Why women are better investors than men.
.Why historical market returns are likely overstated.
.The unfortunate math on a 60/40 portfolio.
.Bitcoin and the psychological pull to conform.
.Is Warren Buffett bearish?
Regards,
Ted
http://awealthofcommonsense.com/2017/12/animal-spirits-episode-8-may-day/
