What Is the Maximum Drawdown on 60 40 Real?

This is always, as you know, this is the number one question. And so when we constructed a portfolio at a very high level, were combining equal amounts of offensive and defensive assets. The risk on assets, like 60 40 stocks and bonds, is they have huge left tails to them. So for in a decade, they might be making single digit or double diget returns. But then also new experience, like a 50 to 80 % drawdown. That's a huge amount of left tail. To put a bow on that comet, you know, we did a pole. Listeners, every time i say that, you should have to drink, we did an interview with me about

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