Many Happy Returns cover image

Rain or Shine: Building an All Weather Portfolio

Many Happy Returns

00:00

What Is a Tail Risk Fund?

Ruffer: It would just sicken me right to hold 50% of my portfolio in bonds. Tail risk funds buy options on the S&P 500, which will outperform if there is a crash. But most of the time, remember, the S-P doesn't crash. So you'll be paying this premium away. And this will be a drag on your returns.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app