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Everything & Everyone Underperforms Eventually

The podcast opens with Paul reading and discussing Ben Carlson’s recent article on the collapse of bonds,“Everything & Everyone Underperforms Eventually.” Paul references a table of returns that compares Short, Intermediate and Long Term Treasures. Paul also references a table of Fixed Income Returns during years with S&P 500 loss. The following short article is referenced in a discussion of Bill Miller and Legg Mason Value Trust's 15 year record of returns ending in 2005.Russel Kinnel Jan 3, 2006

"Bill Miller has done it again, but it was a close call. Miller's Legg Mason Value (LMVTX)…

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