AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Episode 259: Comprehensive Overview: Estimating Expected Returns
The Rational Reminder Podcast
The Role of Leverage in Long Term Portfolio Decisions
Conventional wisdom is that stocks are less volatile at longer investment horizons on a per year basis. This result is based on historical estimates of volatility, which what we argue in this paper is that investors making portfolio decisions should be looking into the future. We take the perspective of a forward-looking investor rather than a backward-looking historian, if you will.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode