Finance & economics | Buttonwood

Slow pain or fast pain? The implications of low investment yields

A new book on living with low expected returns

IN 1988 STEVE GUTTENBERG, a comic actor, appeared on a British talk show. At one point he was asked why he had not appeared in “Police Academy 5”, having starred in the earlier films. He replied that, in his view, all the important philosophical questions had been addressed in the first four movies.

This article appeared in the Finance & economics section of the print edition under the headline “Expectations management”

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