"(O)ur Space Shuttle cost estimates in The New York Times (see above) on March 22, 1993 — in 1992 dollars we estimated that the shuttle cost about $1.1 billion per launch, or $1.7 billion if we included development costs. That was 3-4x times higher than the costs that NASA represented to Congress.
Uh-oh.
So on the same day as the NYT article was published an official from NASA called me up in the graduate student bullpen where I had a desk. I remember it like it was yesterday. I thought initially, naively, he might be calling to congratulate me for the good policy work. He was not."
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Worried About a Stock Market Crash? Here’s What You Should Be Worried About Instead. - Barron's https://share.google/zxmc1t7eE4TLrdHPh
Read this article from Barron's
https://www.morningstar.com/portfolios/when-it-comes-bonds-dont-be-hero
Interesting article on bond allocation, short term needs for retirement are better to be in a money market account up to two years of spending and up to ten years in a high quality active bond fund. Also active bonds have outperformed index bond funds by one percent