Institutional Adoption Is Here to Stay with Jack Neureuter
Raoul Pal: Real Vision
00:00
The Problem With Portfolio Construction
The law of large numbers, we know that the returns are going to be diminishing. People come with narrative biases with things that are new because they don't like them. Once you take that away, they're like, yeah, this looks great. We should buy some of this stuff. That's where it all falls apart if you have a fundamental investment thesis.
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