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Rain or Shine: Building an All Weather Portfolio
Many Happy Returns
The Importance of a Tail Risk Fund
If you could predict the pandemic coming, say February and 2020, it went up by something like 28%. That would have paid off hugely. But that's the fundamental problem, right? You can't predict these things. So you'd have to hold it for a long period of time and it would be a drag on returns. I think the simpler approach is simply to have less risk in the first place - with the understanding this will reduce your return.
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