Hello Wesley
I read your post with great interest, partly because I am working on a strategy that is designed to deliver consistent long term performance.
One question I have - what if the market itself expands so much so as to easily absorb the portfolios that have the compounded rates of return you so elegantly describe?
I am thinking about boomers.
Let's assume that 40% of a boomers net worth was in the home they lived in.
Assuming that the birds have left the nest, the boomers downsize or die, and you have this 40% now either sitting on the sidelines or entering the market.
Appreciate any insight you might have into this.
Much appreciate
Savio