Manage episode 242941258 series 1702940
Some controversy and concern seems to have risen about small-cap-value returns. While on vacation in Europe recently, I used the early morning hours to complete a study examining the history of returns for many of the popular asset classes: S&P 500, Total Market Index, Large Cap Value, Small Cap Blend, Small Cap Value, U.S. Long Term Bonds, U.S. Treasury Bills and Inflation. My goal was to see what we might learn from the past performance of these asset classes. What can we learn from history about predicting future returns? Should we expect the Total Market Index to give us access to the premium returns of small-cap and value? Should we expect bonds to give an excess return over taxes and inflation? In this podcast, I am happy to share what I learned and deduced.
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