Jeff Smith: You are just being unrealistically conservative in terms of your projections here. In which case I don't think you're going to be worried much about your portfolio. This is one of the fundamental reasons why you would want to hold a risk parity style portfolio because its sequence of return risk is a lot lower than your standard ordinary stock bond portfolios. It just is. That's the fact Jeff.

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