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Re: linhdtu post# 177734

Thursday, 05/08/2014 9:42:05 PM

Thursday, May 08, 2014 9:42:05 PM

Post# of 257262

I have read but not convinced yet [that] the bond market is much more astute than the stock mkt in forecasting the future.

I’m not convinced either, and I certainly wouldn’t buy a 50-year CAT bond paying 4.8% interest.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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