John Kimball: What do you think of the new buffer ETFs out there, especially the TJUL? He says they are wholly unnecessary. Kimball: Follow Charlie Munger's advice and invert the sales pitch. "Who better keep me a lot of lumps?" he asks.
In this episode we open up Season Four by answering emails from Pete, Arnold and Igor. We discuss Pete's slightly levered Golden Ratio type portfolio, TJUL and buffered funds generally and a Portfolio Visualizer anomaly. It's Shplendid!