How to pronounce “treasury bond” in English

But when you talk about investment returns, you want to think of them in the framework of a risk-adjusted return.And what that means is that getting a return of 8% in a treasury bond is very different than getting a return of 8% in Bitcoin,right, like two totally different types of risk that we're talking about.

Per year? Yes, per year.So, if I buy a US government 10-year Treasury bond, essentially lending the US government money, I can do 4.46%a year. And Apple's current yield on a 10-year corporate bond is 4.7% a year.

And then on a Tuesday morning, think about an environment-- let's say, 2011.We're fortunate. We can do this with zero-cost treasury bond ETFs and near-zero cost equity ETFs.

And my response, thanks to my wife, was there's only one Warren Buffett.trading scandal. That was an investment banking firm brought to its knees by a few rogue traders who tried to corner the US Treasury bond