Yet the risk reduction provided by diversification is strictly theoretical: It depends on historical relationships between asset classes continuing into the future, and there's no guarantee that will occur. (swanglobalinvestments.com)
We remain negative on gold which is looking expensive relative to its long - term historical relationship with real rates. (schroders.com)
And there's no real attempt to tease out the aesthetic and historical relationships among them. (artsatl.com)