Stay invested wrote:
Ghost of Igloi wrote:
http://www.zerohedge.com/news/2017-12-10/eric-peters-todays-opportunities-include-negative-convexity-complexity-illiquidity-lTargeting average annualized returns allows you to accept what the market gives you, while targeting annual returns forces you to leverage investments near peak valuations to hit your bogey.
Bingo!
Yet another example of Igy not thinking before he posts.