AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
False Dawn: Why The Rally Is Over | Andy Constan & Joseph Wang
Forward Guidance
How Do You Target Volatility?
Risk premium defines the te expected return on risk. If there are only three investors in the world, and all of us are targeting a volatility of ten a, and volatility is 20, that means we all have to sell. So if i target a ten % volatility, i'm going to be selling a lot of volatility when volatilityis low, and buying it back right when it's a when it's high. Andy: Risk fror m future is in your framewark alot. Can't you talk a little bit about how you define risk premia? I don't really look to try to. There's lots of ways people sort of back into a risk premium. But i
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode