2min chapter

The Security Analysis Podcast cover image

Geoff Saab: Low Risk Investing

The Security Analysis Podcast

CHAPTER

The Low Volatility Phenomenon

The low volatility phenomena works because people want to get rich quick, says John MacIntosh. People will pay too much for the lottery tickets if they believe that more risks should equal more reward, he says. MacIntosh: It might be out of fashion for a few years or even sometimes we're kind of at the tail end of a decade plus where it's been unfashionable. But ultimately, you look at the market right now and some very expensive stocks are trading at like single digit multiples,"MacIntosh says.

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