I Wager Pascal Would Agree

Below is a synopsis of this investment report:

• Blaise Pascal was a brilliant mathematician and philosopher, and his “wager” can be used as a proxy for gauging investment risk against expected return.
• Long-term government bonds have been on a tear, but the lessons from Pascal tell us to proceed with caution.
• Speculators should focus more on the risks associated with owning this asset class than any future reward.

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