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5min chapter
SBF's Love of Risk
What Goes Up
Is There a Limit for Your Risk Tolerance?
I think it's a safe bet to say that we're going to close on a down year in the equity market. It's pretty rare to have two down years in a row. The 1970s, I think was the last time before that. Is that too simplistic of a view of the equity market right now? Or is that an enticing entry point to you? And what would you tell a client who called you up and was asking you what to do here on January 1st when it's time to think about the next year?
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