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Henry Reardon - Asymmetric Contrarian

The Business Brew

CHAPTER

The First Bubble That I Really Watched

I think my biggest strength as an investor, because I'm certainly not smarter than the majority of market participants, was I was fortunate to start young. And so it's interesting to me always how people think about risk versus volatility and over a time horizon that seems to be different from my own. My time horizon is longer than they are. If you take $1,000 and you're able to compound it, you know, 15 to 25% for that 15 years, you pay for half of that first year of college in the US,. which is 40,000 more expensive than here in Canada.

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