return target

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Apr 3, 2023 by Tom Joy · across every show →

Everything said about return target, oldest first

Apr 3, 2023 negative
Insight
Joy: Fixed return targets force allocators into excessive risk during downturns
“And if you've got a set target, and return prospects are not so good, by definition, you have to increase risk. Just what I think is the counterintuitive and worst time when you want to be Reducing risk.”
Tom Joy Apr 3, 2023 ▶ 12:21 Tom Joy – Divine Diversification and Responsibility at Church Commissioners (Capital Allocators, EP.306)
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