Tail Risk Hedging | Nassim Taleb, The Fed, Macro 'Investing', Faith Based Alpha & Antifragility
Pirates of Finance
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The Asymmetry of the Best Days
If you can miss out on the worst days you end up with a higher kegher. The orange that full period is from like 1936 to 2022 And then the blue is uh the last decade 2012 to 2022 because it shows it more than the the time frame and so for those who are listening like the What happens here? Right is if you missing the 20 best days your return obviously goes way down If you miss the 20 worst days your return goes way up. But what I thought was no sorry this makes complete sense Yeah, but you're going the other way.
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