Equity Drawdown
topic on 1 show · 1 statements across 1 episodes
1 statements about Equity Drawdown, every show
Braga: Trend following is portfolio insurance investors get paid to hold
“That strategy in itself has positive expectation of return. So this is a bit like the insurance policy that I get paid to hold because the thing will have positive expectation of return. And yet when the rubbish hits the firm, I expect it to help my portfolio.”