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Investors tend to buy highly rated funds even as they underperform

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Tech vs. S&P 500 price relative since 1926

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When the S&P 500 is down 25% or worse since 1950

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60/40 calendar year returns since 1928

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US dollar movements since 1975

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Growth of $1 over the next 20 years since 1990

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Growth of $1 over next 10 years since 1990

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Some interesting inflation comparisons

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Growth of $1 over the next 20 years

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The S&P 500 has had 46 daily moves of 2% or more in either direction this year, the most in more than a decade

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