Episode 95 is a radio show format. We start with a recap of Meb\u2019s recent travels to Nicaragua and San Francisco, but then dive into a discussion about volatility. With the VIX spiking at the beginning of the month, some short-vol funds suffered massive losses. We discuss the short-vol trade, then the long-vol trade.\nNext up, Meb gives us a quick (overdue) update on his trip to see Van Simmons, including which coins he purchased. But we quickly dive into a different topic \u2013 a recent offering from Wealthfront that\u2019s raising some questions for Meb. The conversation touches upon a risk parity market approach, robo fees, and general transparency.\nWe then jump into listener Q&A. Some of the questions you\u2019ll hear answered include:\n\nI've heard Meb say it may be appropriate to allocate up to 20% of your portfolio in a hedging strategy. I've also heard him say you need an exit plan.\xa0What is his exit strategy regarding this play?\n\nHow/when should an investor use leverage?\n\nWhat\u2019s Meb\u2019s take on a vanilla Vanguard Target Date fund vs Trinity over 15-20 years?\n\nWith fee compression and product commoditization, how do you see large, active-focused publicly traded asset managers faring in the next 5-10 years?\n\nHow would you think about asset allocation for a millennial (sub-30) with retirement accounts? The typical 60/40 doesn\u2019t seem great.\n\nWith rising rates, I am in short-term notes to limit duration; with hints of higher inflation do TIPS make sense?\n\nAll this and more in Episode 95.\nLearn more about your ad choices. Visit megaphone.fm/adchoices