FYI: My colleague, Jared Kizer, who serves as chief investment officer at Buckingham Strategic Wealth and The BAM Alliance, recently examined the performance of the S&P 500 Index from March 2009 (the bear market ended on March 9, 2009) through October 2018, a period ending shortly before a spate of market volatility in December that saw the index record some dramatic declines.
Using a common statistical analysis referred to as “bootstrapping,” he shows how “otherworldly” the returns to that asset class were over the past decade. Importantly, he also shows that other “alternative universes” might have shown up.
Regards,
Ted
https://www.etf.com/sections/index-investor-corner/swedroe-moderate-your-market-expectations?nopaging=1
