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David Blanchett: Regret Optimized Portfolios, and Optimal Retirement Income (EP.254)

The Rational Reminder Podcast

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How to Choose a Regret Benchmark

Cameron: We've had a lot of conversations like that over the last 10 or so years where we'd explain, listen, this is a highly speculative asset. And I think overall it's been a pretty good decision making outcome. Even if the financial outcome was, you know, the speculative asset did tank, I think people going into it with their eyes open are pretty successful. Ben: How do you choose a regret benchmark? Because I don't think we can define it.

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