,
4 tweets,
2 min read
Read on Twitter
1/ Insane Clown Posse Strategy: "Dump all equities and load up on derivatives. Hide out in short-term government bonds until the coming storm recedes. ... and yet be prepared to jump into risk-parity quant strategies if the market keeps grinding higher." bloomberg.com/news/articles/…
2/ Howard Marks Strategy: investors should calibrate their exposure to risk using: “a continuum from 0 to 100, with 0 being completely out of the market and 100 being completely in using aggressive techniques like investing with borrowed money.” google.com/amp/s/25iq.com…
3/ Charlie Munger Strategy: "If you buy a few great companies [at an attractive price], then you can sit on your ass. That's a good thing. We're partial to putting out large amounts of money where we won't have to make another decision."
4/ Charlie Munger: "Everybody with any sense at all knows that some businesses are better than others. What makes it difficult is they sell at higher prices. If all you had to do was figure out which businesses are better than others, even an idiot could make a lot of money."
