I looked specifically at eight economic crises-1974, 1980, 1986…
I looked specifically at eight economic crises-1974, 1980, 1986, 2000, 2008, 2010, 2012, and 2016-when spreads rose above 6.5% to highly elevated levels, and looked at what financial assets performed the best in each of them.
— from Takeoff Into Chaos · Humble Investor: How to Find a Winning Edge in a Surprising World by Daniel Rasmussen
Also belongs to
- The Flight Plan (Purpose/Wisdom/Risk)
- Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)