O/t, Jeremy Grantham, but don't panic,

After A Timeout, Back To The Meat Grinder! | Seeking Alpha

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the damage in a single year to broadly diversified stock/bond portfolios is the worst in nearly a century.

Is that really true? Isn’t he dramatically exaggerating?

(Portfolio is up, but admittedly holding practically only BRK is not “broadly diversified”.)

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Good morning, I have read and heard that the traditional 60-40 portfolio had its worst year in many decades, maybe even 100 years. Those of us who are overweight brk did a lot better. Let’s see what 2023 brings?