Why in the world would you own bonds?

Re:Why in the world would you own bonds? by neighbour on Wednesday March 17, 2021 @12:30AM (#26486549)

Basically what Taleb describes as Skin in the Game:

>"Don’t Tell Me What You Think, Tell Me What You Have In Your Portfolio"

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Re:Why in the world would you own bonds? by vagrantJin on Wednesday March 17, 2021 @02:32AM (#26487308)

Then again, Taleb has little to no respect for most professional investors.

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Re:Why in the world would you own bonds? by bingbong70 on Wednesday March 17, 2021 @03:35PM (#26495862)

He has tremendous respect for professional investors that understand risk, which is a small minority. He speaks very highly of Soros's investment record.

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Re:Why in the world would you own bonds? by wskish on Wednesday March 17, 2021 @01:55AM (#26487084)

Not sure I interpret it the same way. Wouldn't this advice heavily/completely discount/ignore the written words associated with the portfolio?

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Re:Why in the world would you own bonds? by eru on Wednesday March 17, 2021 @09:07AM (#26490573)

I think that's the point.

(I'm not sure whether I agree with the point, but I think that is the point Taleb was making.)

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Re:Why in the world would you own bonds? by hutch120 on Wednesday March 17, 2021 @01:07AM (#26486793)

Only if it going to actually hurt to lose it... when did these guys every really get hurt... they hedge their bets exactly so they never put themselves in a position to literally loose their house(s).

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Re:Why in the world would you own bonds? by Singletoned on Wednesday March 17, 2021 @01:15AM (#26486833)

Or in other words, they are sensible

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