Why the 60/40 Portfolio is Obsolete

“I don’t think you can make it through the first quarter of the book and still be a 60/40” investor, says Phillip Toews of his new book, The Behavioral Portfolio. He makes the historical argument for why the 60/40 portfolio is obsolete, reviewing the worst performances in market history and giving his outlook for today.

Market On Close

25 Mar 2025

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