Lead-Lag Live cover image

Shattering Overconfidence: A Fresh Look at Investing Success with Yours Fewly

Lead-Lag Live

00:00

The Black Swan

Today was really interesting to me. There's a certain degree of real ugliness that comes out of people at major turning points. The crowd is right on average, but wrong at the extreme and the crowd is always loudest at the extremes. I think with hindsight, it was spot on that stocks and bonds would fall together. What was surprising was how they fell together.

Play episode from 26:51
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app