In this episode, we ask:

• What was born 129 years ago today?
• What has Mark learned?
• Have you ever seen the phrase, past performance is no guarantee of future results?
• What about marketing?
• What about backtesting?
• What is an index?
• How is the Dow Jones constructed?
• How are the stocks in the S&P weighted?
• What is the supersized Dow?
• What about target date funds (TDFs)?
• Where do TDFs live?
• What about options?
• What about make-believe simulations?
• Does past performance reflect past performance?
• What about the real-time rapid change in the numbers?
• What factors should we consider?
• Why bet your retirement on backtesting?
• What about historical averaging?
• What about broader trends and contractual guarantees?
• What about IULs?
• What about charts looking at a dollar invested in 1929…?
• Can you drive your car forward by looking in the rearview mirror?
• What are the takeaways?