january, 13, 2003 archives
this article in the economist about the perfect investment for 2003 is fun. “felicity foresight” is their hypothetical investor who always picks the perfect investment for each year (where “henry hindsight” always invests in the perfect investment for the previous year). the bottom line for this year? She would be wise to recall 1931, when the best performing asset was cash, offering 1% interest.”
