Tail Risk Hedging | Nassim Taleb, The Fed, Macro 'Investing', Faith Based Alpha & Antifragility
Pirates of Finance
00:00
How to Rebalance Timing Luck
We are going to really test our abilities on the show of uh our technical abilities because I had some Charts that sent to tyler so that we could maybe pull up. Trend following right especially in equities the best days and the worst days tend to coincide because they're high vol days Involved tilde regimes tend to clusterInvolve and market returns have a negative correlation for like forward market returns and current ball inequities historically. So you end up with this unbelievable effect using air quotes for those listening Um missing the best missing the worst and ending up in theory almost in the same place with the smoother ride Right t- uh tayler.
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