4.8 • 670 Ratings
🗓️ 9 July 2020
⏱️ 12 minutes
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Are US Treasuries as safe as many investor think?
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0:00.0 | You talked in the beginning a little bit about why maybe managed futures hasn't caught on |
0:10.0 | and one of the things you mentioned was the fact that it is perceived to be risky as soon as you mentioned the word futures and so on and so forth. |
0:19.0 | You recently wrote about sort of how to stay rich and you talked about the perceived safety |
0:27.9 | on the other side of the coin of say US treasuries compared to, you know, what we feel |
0:35.6 | that this is the risk-free rate of return. |
0:38.5 | But of course, once you start looking a little bit deeper |
0:41.3 | and I think you dove into this back to 1926 |
0:45.5 | and then you started to also look at it after inflation, |
0:49.6 | tell me a little bit about what that showed |
0:52.1 | in terms of the evidence of this safety that we all think |
0:57.2 | we have in US treasuries and maybe also sort of frame that into the conversation of why you |
1:04.5 | I guess ended up with a much broader portfolio than the safe we We wrote one of my first books. |
1:12.3 | I remember I had a very fond memory where I was chatting my dad once. |
1:15.2 | He grew up on a farm in Nebraska and we still got a lot of family in Kansas. |
1:18.9 | So I was I was kind of grating my teeth as I heard you guys talking about wheat earlier |
1:23.9 | because wheat prices and corn prices have been so low. Farming is basically getting |
1:30.1 | treasury-like returns with none of the safety. So I was smiling as that as wheat prices. |
1:37.0 | See, that's why I managed futures a good hedge against my farm as well. But anyway, so I remember |
1:42.0 | looking at a check that he gave me, that he used to keep everything. |
1:45.4 | And so he had a check that his father, who was a truck driver, beautiful penmanship, had been cashed or been given. |
1:54.5 | And it was, you know, for something like $2 or I don't even remember for what it was for. |
1:59.0 | But, you know, you have this old phrase where you go back and say, I remember when a Coke |
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