Oct 11, 2023
The most common reason we hear about people being passive investors is fear of risk. Risk of the unknown. However, we’ve dedicated our professional careers demonstrating outlier risk rarely happens and even when it does hit, markets absorb and recover almost immediately. War. Pandemic. Markets have a resiliency that’s a function of their efficiency. The only real threat anymore is size. Sizing inappropriately isn’t risk, it’s a self-inflected wound. Tune into this week’s episode as Tom and Dylan discuss how market efficiency has made it possible to absorb any outlier risk