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Why Add Long Volatilityo Your Portfolio?
Denis rodman is a colorful personality, but he's also a member of five championship teams. His winds over replacement value were among the highest in mba historya. If you put him on a team with michael jordan and scotty pippin, two are the best players ever played the game of basket ball, all of a sudden a really good team becomes the all time best team ever. Long volatility is rebounding the basket ball and giving you a chance to take a second and third shot at these other asse classes, like stocks, real estate, bonds or credit.