Episode 64: Mailbag With Chuck And Tim About Bonds And An Intro To Risk Versus Uncertainty

<p>In this episode we read Chuck And Tim&apos;s emails and then discuss some questions that Tim has about TLT, bonds and accumulation portfolios.  We also begin a discussion of the concepts of Risk versus Uncertainty and how rules of thumb are useful when the future is uncertain.<br/><br/>Professor Gerd Gigerenzer on Heuristics and Uncertainty:  <a href='https://www.youtube.com/watch?v=rKld61XEckw'>Gerd Gigerenzer - heuristics - YouTube</a><br/><br/>Paul Merriman podcast on 50 years of drawdowns at various rates:  <a href='https://paulmerriman.com/fixed-contributions-2021-updated/'>Fixed contributions 2021 updated | Paul Merriman</a></p>