2min chapter

The Compound and Friends cover image

The Bet

The Compound and Friends

CHAPTER

The Importance of Risk Adjusted Returns

The best private equity strategy is taking the S&P 500 leveraging it up and locking it up for 10 years. Michael Lewis: Investors would be happy to give up some returns in order to have the illusion of stability. "I saw an interesting proposal where somebody was trying to do this"

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode