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In this episode we follow up on Episode 64 regarding the difference between Risk and Uncertainty and why Rules of Thumb are good for portfolio construction in an Uncertain World. With some help from Mad Max. Links:
Bill Bengen's Original1994 Article About The 4% Rule: Bengen Article
Episode 49 re the Bias-Variance Dilemma or Tradeoff: RPR Podcast Episode 49
Episode 7 re our Three Principles of Portfolio Construction: RPR Podcast Episode 7