In 1958, I'd been in the business for seven years when, for the first time in history, bonds yielded more than stocks. My associates said, 'It's an anomaly, don't worry, it will be reversed.' It's 50 years later, and I'm still waiting.
~ Richard Bernstein, Founder, Peter L. Bernstein Inc., "Retirement: Safety First," Barron's, September 15, 2008
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