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Keeping it Simple on the Road | Ep. 3: 2020 From A Position of Strength

Keeping it Simple with Simplify Asset Management

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Is There a Free Lunch?

When you see people starting to say, i think the implied correlation is 50, 60, 70 %, they are effectively saying, there's nowhere for me to hide in the index. The more people move to the front, the more they're forced to monfootize when it pays off. People can't afford to buy the longer dated stuffing or the stuff that you accumulated going into 20 20 just doesn't exist. It's actually quite expensive in most ways, right? You could make an argument for a structural change.

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