2min chapter

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#34: Michael Green On Detecting The Greatest Value In Markets Today

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Long Volatility Exposures

Chris Cole: It makes a great deal of sense to have long fall as an allocation, but it's just really tough to kind of create that for individual investors. To put 20% of portfolios into long volatility exposures is almost impossible," he says. "We saw this happen with commodities where institutions suddenly tried to move into an asset class that just was not designed to accommodate that type of capital"

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