This post is by Roger Nusbaum from Random Roger
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My latest post at TheMaven looks at Howard Mark’s thoughts on managing volatility over the course of the stock market cycle and includes the following;
If you knew you could get an 8% return every single year for the next 20 years, I mean exactly 8% every year, and that the stock market would have a volatile ride to come out at the same spot in 20 years you’d take reliable 8% instead of the volatility.
And my latest post at AlphaBaskets has this;
If volatility is back, it makes sense for investors to ask themselves whether they should attempt to manage or smooth out their portfolio’s volatility. To my way of thinking, this is clearly part of an active investment strategy, but I would remind readers that active strategies don’t have to be implemented using only active funds they can be implemented with index (passive) funds.