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Value After Hours S05 E27: Precautionary Principle; Value Spread Closes; Market and Economy Disagree

The Acquirers Podcast

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The Intuition Behind the Data

The VIX doesn't necessarily reflect the fear in the tail hedging market. You might be overpaying for the because people can get scared at any point. One school of thought is aim for extreme diversification, where you just try to own everything and get non-correlated return streams as much as possible. The biggest thing that tells me is you have to be able to play out your hand no matter what markets do.

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