Macro Hive Conversations With Bilal Hafeez cover image

Andy Constan on Lessons From Bridgewater, Equity Valuations and Top Trades

Macro Hive Conversations With Bilal Hafeez

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Is There a Way to Diversify Assets?

You can't imply doly that there is a way to systematize discretion ryviews, or you saying that you have to run both in parallel and kind of combine them somehow. I don't think anyone's done it, and i certainly haven't. And so now intoms your process. You i definitely believe that owning assets in a diversified way, wit a, i balancing whatever risks you can get. Balance whether diversify away country risk, diversify away security selection risk. Importantly, and this is the all weather concept, diversifying away exposures that you don't have a view on through time, like growth or inflation in ar which are the principal drivers.

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