The Thanksgiving Draft S03:E13
Pirates of Finance
00:00
Do You Need to Build a Robust Portfolio?
Financial advisors are quadruple levered to the SMP 500. Most people's portfolios are implicitly short volatility, then Nick you're saying with your balance sheet or your internal treasury or whatever, you might want to consider having some long volatility asset,. That's how you could bounce out to make sure you survive and I think that's when more than the Kinsey was kind of saying like so for example if you were just long stocks and bonds then you might need some volatility or a long volatility or tailors protection in economic times.
Transcript
Play full episode
