Portfolio Drawdown
topic on 1 show · 1 statements across 1 episodes
1 statements about Portfolio Drawdown, every show
Forcing clients to endure 50% drawdowns guarantees behavioral blowups
“In the real world, nobody can watch a 50% drawdown take place in their portfolio and live through it. And actually, the more you try to force people to do that, probably, the more of a likelihood there is That your client's going to blow themselves up.”