Make Generational Wealth: Main St vs Wall St Recessions, Portfolio Math, Fed Watchers & Family Offices
Pirates of Finance
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The Relationship Between ERP and VRP
Al Fick: I agree with everything you say. There's so many conditionalities here. And then mission efficient market hypothesis, absolutely. The other thing that was like, if ERP and VRP exist, right, how do you think about the correlations between the two? Right when you're getting negative VRP, you're going to experience negative VRP most likely. So there's just very different behaviors in terms of the payoff of the risk versus the expected return.
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