Chart, page-884

I wish alterego. As I said that's one of several currency models, to which I allocate a % of my total equity. The larger allocation of capital goes to stocks which do not achieve that kind of yield so the average is more modest than that. As per portfolio theory, spread the risk...

But the point is exactly as you stated in your quote, and it is something that has been repeated here many more times than I can remember by all the great posters on HC over the last 10 years, something that took me several years to learn (as many of us do).

Cheers, Sharks