Investing in a Risky Asset

All risk assets, any strategy involving investing in a risky asset will go through very long periods of poor performance. The S and P 500 underperformed totally restless treasury bill from 29 to 43 that's 15 years 66 to 82 17 years and 2012 that's 13. And yet if you held on you got 10% a year but if you panicked and sold you did. You can't make which you'll do well when all the evidence says active management fails at doing that. We like to ask all of our guests sort of a standard closing question: What would you teach your average investor?

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app