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Podcast: The Meb Faber Show - Better Investing
Episode: 200 Years of Markets in 60 Minutes (Deutsche Bank’s Jim Reid) | #618
Description: Today’s guest is Jim Reid, Global Head of Macro Research at Deutsche Bank.
In today’s episode, Jim walks through lessons from his annual report, The Ultimate Guide to Long-Term Investing, which covers over 200 years of market data from 56 countries. He explains why cash is one of the riskiest long-term assets, how inflation quietly destroys wealth, and why valuation is the single most reliable predictor of long-term returns. He also discusses how fiat money has reshaped bonds, gold, and equities since 1971.Â
To close, Jim reminds us that history consistently rewards investors who buy cheap, diver...