[lbo-talk] Homeownership Makes You Fat and Unhappy

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Thu Dec 11 14:10:25 PST 2008



>> Without a crystal ball, you're sunk on this one.
>
> Can't you say that about any financial transaction that plays out over
> time?

Hey, people are free to make stuff up however they like :-)


> What's the phrase, past performance is no indicator of future results?
> But people use that info anyway, no?

The long term returns on US equities are said to be 8%/year. How useful is that information?

Nearly everyone who ate a pickle in 1878 is dead today.

/jordan



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