Yes he does. This is the fourth page on this thread. Probably best to read through all of it. By doing so you would find this post by Rick here on page 3.tennisplyr wrote: ↑Fri Jul 06, 2018 9:51 amHe's talking 80% equities, do you know that?Rick Ferri wrote: ↑Tue Jul 03, 2018 9:11 amI disagree that predicting 10 year returns is a random event. There is no randomness in a the expected return of a 10-year zero coupon bond. It is 2.87%. That’s an absolute number which all other expect returns can be derived by adding expected risk premiums.