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Peter Borish on Lessons From the 1987 Market Crash

Masters in Business

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The Importance of Trading Smaller

When there's tremendous amount of market uncertainty you need to trade smaller right because vol that's what kills you. I find really interesting right now this time of year is that because if there is climate change and you have grain prices that are pre-pandemic levels it could be really fascinating and exciting to have sort of a summer rally in soybeans and corn. There's nothing more fun than a summer bull market in grains so um I've never been able to get into the head of the leaders of Russia to decide how they're going to act but from a trading perspective I think that uh you need totrade smaller now.

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