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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Sunday, September 17, 2023
Let's check in on inflation protected securities
VIPSX, nominal return
Inception 6/29/2000 to August 31, 2023: 4.43% per annum
SPX, average nominal return, dividends fully reinvested
June 2000 through August 2023: 6.90% per annum (4.93% without dividend reinvestment)