4min chapter

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#27: Diego Parrilla On The Perpetual Search For Extreme Optionality

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Cash in Soccer

Ignio: I look to buy insurance that is very cheap over the medium long term, but allows me to monetize these things. Mathematically, the fact that gold will do very well, and the dollar will also do well, is not something that the models would predict. In Spain, the only World Cup we ever won in soccer, the last four matches were 10101010, and we saved the penalty in order finals. And cash is just like having a still keeper. If you throw the ball and it hits them fine, but you need what Ignio is trying to do is trying to be that goalkeeper That will not only protect the capital, but also make money when the portfolio

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