I Wager Pascal Would Agree

Below is a synopsis of this investment report:

  • Blaise Pascal was a brilliant mathematician and philosopher, and his “wager” can be used as a proxy for gauging investment risk against expected return.
  • Long-term government bonds have been on a tear, but the lessons from Pascal tell us to proceed with caution.
  • Speculators should focus more on the risks associated with owning this asset class than any future reward.

 

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