AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
43sec snip
Nick Baltas - Multi-Asset, Multi-Strategy Portfolios (S7E3)
Flirting with Models
Embrace the Uncorrelated
When facing market downturns, investors may hope for uncorrelated assets to perform, but they must recognize that these assets might not consistently provide shelter. Understanding this dynamic is crucial; uncorrelated investments might not always defend against losses, thus requiring a different approach. To effectively manage risk, investors should seek assets that have negative correlations with market declines. These defensive strategies serve as utility functions, balancing the desire for safety with the acceptance of potential costs, ultimately aiming for protection against adverse market conditions or enhanced yield.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode