Afford Anything cover image

What We Learned in 2022

Afford Anything

CHAPTER

SHARP Ratio

Volatility is standard deviation, whereas risk encapsulates all of the different things that could go wrong. Even if it makes your SHARP ratio look prettier, adding oil is going to add some different risks than just adding S&P 500 fund wood. You need to use the SHARP ratio realizing that there is no measure that you're going to use that's infallible. Just know what the Achilles heel is of the measure before you use it.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner