Griffith: Post-2008 US bull market conditioned mid-career investors to maximize long risk
Reade Griffith · Reade Griffith – Managing Assets and Partnerships at Tetragon (Capital Allocators, EP.276) · Oct 17, 2022 · at 23:27
Reade Griffith, CIO of Tetragon and Polygon Global Partners, contrasts the post-2008 US market environment with the persistent macroeconomic volatility faced by European event-driven investors.
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“I mean, since 2008, other than the last 12 months, the US market was just up and to the right. There are a lot of people who are in the middle of their careers who've only seen getting long risk benefit, and those who took the most risk made the most, and it's a self-reinforcing thing.”
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