Loss aversion is a very powerful concept outside of financial markets too. And I think it applies as well to sociological dynamics. If you are somebody who had privilege and your family has had privilege socially in the United States, then suddenly there's this prospect that might be exaggerated by politicians. There's this prospect of demographic shifts and global power shifts. You will fight harder to retain your asymmetric privilege than a lot of other folks will have resources to try to gain it in the first place. So I think that those dynamics are at play, not just in the markets, but socially politically. And that I expect better for my country than that.
In this episode of Infinite Loops we spoke with Naufal Sanaullah, Chief Macro Strategist at EIA All Weather Alpha Partners. In this wide-ranging discussion we cover:
- How Naufal navigated markets at the start of COVID-19.
- Leveraging Twitter for mentorship
- The Momentum Factor and Goldman’s Baskets
- Positive and negative impacts of the internet
- Naufal’s charitable work
- And much more.