Peter Bernstein Quotes

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Their prices between the time that you buy them and (the time when) they mature or you sell them can jump around a lot. And they have this one terrible risk -- they're very bad assets in inflation.

Their prices between the time that you buy them and (the time when) they mature or you sell them can jump around a lot. And they have this one terrible risk -- they're very bad assets in inflation.

- Peter Bernstein ,

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