4min chapter

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#042 Black Swans, The End of Jobs, and Long Volatility with Taylor Pearson of Mutiny Fund

Smart Friends

CHAPTER

Diversify Within Diversification

Diversify within diversification. You could have three assets that are uncorrelated, we fairly uncorelate. If each other, they all have a zero % expected return. But if the path they take is uncorrelated and you be balanced between them, youill create a positive return. And then currently our main parto t is clled the cockroach fund which basically takes that to the next level - it combines long volatility commodities, stocks and bonds. It would s mutiny funds to day.

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