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Tail Risk Hedging | Nassim Taleb, The Fed, Macro 'Investing', Faith Based Alpha & Antifragility

Pirates of Finance

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How to Reduce Volatility Taxes

Cori: What I almost never see is somebody combining what if you missed the best and the worst days And that's exactly what we're talking about right? That's that volatility tax due to compounding. Ceri: If you're randomly picking your time in the market if you have no signal You're just as likely to miss the worst days as you are the best days.

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