Insight certainty 3/5 debate potential 2/5

Bessent: Cutting risk in December is almost always right

Scott Bessent · Scott Bessent - Macro Maven (EP.415) · Nov 4, 2024 · at 48:59

Macro hedge fund manager Scott Bessent explains why he resets his risk exposure and chip stack at year-end.

0:00 / 0:07exact quote · 7.4s
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“When I look back, almost every time that I've taken it down, it's been the right thing to do, because there's always a counter trend.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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