1min chapter

Market Depth cover image

Alfonso Peccatiello: Three Principles To Successful Investing

Market Depth

CHAPTER

Macro Diversified Portfolios - How to Predict the Future With 100% Probability

Macro investors instead have to assess all potential future outcomes in a probabilistic way. People think they can predict the future with 100% probability and go all in on one macro base case scenario, he says. "That would not be a very smart decision from a macro investment perspective"

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