Macro Hive Conversations With Bilal Hafeez cover image

Ep. 336: David Dredge on Sharpe Ratio Fallacy, Capturing Upside and Managing Uncertainty

Macro Hive Conversations With Bilal Hafeez

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Correlation as a Form of Leverage

David links correlation assumptions to leverage and explains how strategies like risk parity amplify fragility when correlations shift.

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