The Value Perspective cover image

The Value Perspective with 10k Diver REPLAY

The Value Perspective

00:00

The Volatility Tax

Claude Shannon discovered that over a long period of time, the most likely return that you will get is 6% per day. On days that the stock doubles, you sell. Volatility tax has particular implications because stocks are volatile.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app