Antti Ilmanen, AQR – Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least | #413
The Meb Faber Show - Better Investing
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Investing in the Ultimate Portfolio
Don't make perfection the enemy of an improvement. Figure out goal and try to move towards that goal, and you will stop when something is too uncomfortle. If i'm tell you that you put to five styles to each same amount of risk as you put for requities, its tart to count what kind of shorting and leverage is needed to make all of them have sort of 15% returns. So somehow i totally understand why most portfolios have got that equity market anchor and domination. But it's at least the right direction. And i do thinkt that would be my advice pretty much to anybody.
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