Batnick: T-Bills Had a 50-Year Period of Negative Real Returns
Michael Batnick · Michael Batnick - The Best Investors and Their Biggest Mistakes (Capital Allocators, EP.71) · Oct 8, 2018 · at 22:51
Michael Batnick, Director of Research at Ritholtz Wealth Management, notes the historical inflation risk of holding cash equivalents.
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“And if you don't like it by T-bills and if you know, and even that comes with a lot of pain, I think they went 50 years with negative real returns.”
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