Market Performance and Asset Classes

So for example, last year, American stock market,

American markets significantly underperformed foreign

markets, and people don't quite realize that.

And the best asset class in a sense was gold because...

But think of that as being the money.

So in answer to your question, uh, okay, I've, I've

lear- that was a lesson I learned, that if there's a depreciation

in the value of money, it makes everything look like it's

going up

End of transcript · 74 words

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