Episode 274: The Pitfalls of Retirement Calculators and Being Unrealistically Conservative, AI Musings And Portfolio Reviews As Of July 7. 2023
Risk Parity Radio
00:00
The Problems With Calculators
One of the biggest problems with calculators like this is they try to mix and match predictable things with unpredictable things. If you're trying to get to something that is very precise, because what you really want to model there is a range of outcomes. But it's not going to get you to the Holy Grail principle where you are looking at the correlations and the diversification within asset classes which is important for portfolio construction.
Transcript
Play full episode
