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Jason Buck, Mutiny Fund – Carry, Convexity & The Cockroach | #440

The Meb Faber Show - Better Investing

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Defensive Assets - The Biggest Thing We Think About

People are crazy when they try and draw inferences, that means conclusions from ten years on an asset class or actively managed fund. And how many? Every survey, one after another, shows people looking at one to three years at the most. So as soon as you have any savings left over after consumption that you don't need to put back into your business, you actually need to be solely investing in defensive assets.

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