Not exact matches
, but I think it's a mistake for
risk averse or diversified investors to
completely give up on high quality bonds because they're worried about poor returns from low yields.
We believe that markets are not
completely efficient and recognize that market participants are
averse to
risk and change.
For a person who is very
risk averse but wants to make a little more money than the
risk - free rate, the solution is not to invest
completely in slightly risky things.