Make Generational Wealth: Main St vs Wall St Recessions, Portfolio Math, Fed Watchers & Family Offices
Pirates of Finance
00:00
The Importance of Portfolio Construction in Finance
Hendry used to talk about his portfolio construction was, you know, 100 different positions in very convex instruments and small position sizes. So if I need to shop off 10 positions, I don't mind and I can get out of trades relatively quickly. But on like 147 hours is it where you only have two arms, you have to shop off one? It's a very different story.
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