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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: rayvt 🐝  😊 😞
Number: of 15062 
Subject: Re: Jim Grant on Berkshire/Cash/Valuations
Date: 10/30/2024 12:57 PM
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No. of Recommendations: 0
(expected return of stocks - expected return of T-Bills) ---> optimal fraction of portfolio in stocks
4 ---> 100%
3 ---> 75%
2 ---> 50%
1 ---> 25%
0 ---> 0%


(10.5% - 4.5% [google AI hit]) = 6.0

So, 100% stocks.

There is little reason to estimate that the S&P500 return will be other than the long-term average. This is not Lake Wobegone.
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