Macro Hive Conversations With Bilal Hafeez cover image

Ep. 336: David Dredge on Sharpe Ratio Fallacy, Capturing Upside and Managing Uncertainty

Macro Hive Conversations With Bilal Hafeez

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Initial Conditions and Balance Sheet Risk

David stresses initial conditions: a portfolio's balance sheet dictates risk and must be managed, not predictions of external events.

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