MI199: Cloning Warren Buffett and Charlie Munger w/ Chris Franco
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Warren Buffett and Charlie Munger
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.
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