Posted by fschmidt on
URL: https://mikraite.arkian.net/Investing-tp2085p2087.html

If you believe in inductive reasoning then the past is useful from predicting the future.  A key is to test many different past time periods because just one time period isn't enough to judge.  So one can test against times of inflation or depression or whatever conditions one worries about.  A good strategy should do okay under all conditions.

It is true that there is currently a fundamental change happening.  Humanity is going insane and the world will become much poorer as a result.  But it is the poor (and former middle class) who will suffer from this, not the rich.  The investments of the rich should do fine while the poor starve, so this shouldn't really have much effect on investment strategies.

If this has been tried in the past and failed, please give a reference.  I haven't seen anything like this.