Customer Quote by Jeremy J. Siegel
““As we explore later in this chapter, virtually no asset, except for long-term U.S. Treasury bonds, served as an effective hedge against the sudden and sharp decline in asset values that took place during the financial crisis.””
About This Quote
Source Financial textbook: Investment strategies, 2000s
The author notes that, aside from long‑term U.S. Treasury bonds, few assets effectively hedged the sharp market decline during the financial crisis.
In simple terms: Treasury bonds were the main safe haven during the crisis.
Diversify with reliable safe‑haven assets.
Themes
Mood
Type
When to use this quote
- portfolio construction
- risk assessment
- financial planning
Key Concepts
Questions to Reflect On
- What assets performed well during the crisis?
- How can investors prepare for future downturns?
The claim may ignore other niche hedges.