
Talk Your Book: Portfolio Premortem
Animal Spirits Podcast
00:00
Portfolio Design
Risk-aware portfolio design is not financial planning, but a system that respects the risks inherent both in the financial plan and in the market. Rick: The last thing you want to be doing as an advisor is having to feel panicked phone calls from clients because the market is misbehaving. "The ideal is the client has been trained to understand that once it happens, they can work through this"
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