David Berns - How do you build a portfolio for a human being? (S4E16)
Flirting with Models
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Keeping a Closer Eye on Your Client's Risk Preferences
Loss aversion relates to the kind of jobs you like, or the kinds of eephone cases you use on your phones. And in general, more loss o version you have, the more aversion you're going to have to negative skew. But having loss of version will also give you a preference to not have volatility. So if you really want to stick with your buckets of five volatility, you stay wiuth, sort of a meanbarin sufficient frontier.
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