
My Life in 4 Trades - My Raoul Pal: My Life in 4 Trades (Part 1)
Real Vision: Finance & Investing
00:00
How to Predict Asset Prices Using the Business Cycle Framework
In 2009, you ignored your macro framework and overrode it with emotion. So set the scene for us. Like what's happening in your career? Have you been successful trading at this point? I have basically retired from the hedge fund business. Well, but I've done well from it. And my last year, I didn't do great, but you know, we were up for rewards for some of the year. You're like, oh crap, if you can do it, like theoretically, we all should be able to do it. But it's just, it's so, so hard.
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