AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
MI199: Cloning Warren Buffett and Charlie Munger w/ Chris Franco
Millennial Investing - The Investor’s Podcast Network
Warren Buffett and Charlie Munger
3min Snip
00:00
Summary
Transcript
Episode notes
In academia it's taught as risk is equals volatility so a lot of the strategies that you might be recommended by an advisor or someone like that are oftentimes to minimize the volatility you'll feel. In more traditional times there might be a better allocation between stocks and bonds because when stocks are just you know stocks are bad bonds lessen the blow then if you're down 100% in let's say the VU. But I would not categorize it as a risk it's only risk if you need the money.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode