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Black Swans, Stock Market Crashes and the Chaos Kings
The Compound and Friends
The Differences Between Ackman and Blackman
Ackman is more of a long-term investor. He buys cheap protection on an index of bonds thinking that this will allow me to hold my stocks and profit from this thing I see coming. The strategies that try to smooth out returns, they claim mistakes. What you want is something that's really explosive upside in a crash.
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Listen to the best highlights from the podcasts you love and dive into the full episode