The Asset Allocator: A Better Way To Reckon Risk
The current flight from stocks to bonds represents a misunderstanding of risk, and is a poor way to invest, shredding investors’ pre-determined risk budgets. This podcast (5:14) conceptualizes risk as something that is always present. The matter could be compared to an earthquake, which is scary when it occurs, but which was no less a threat every second you dwelled atop the San Andreas Fault before the actual tremors. Learn more about your ad choices. Visit megaphone.fm/adchoices