Chapter
Understanding Asset Allocation and Risk Mitigation
29:03 - 35:28 (06:25)
Asset allocation involves diversifying investments into uncorrelated or inversely correlated buckets to mitigate risk. It is different from the high-risk high-return strategy commonly associated with tech investments, and can help investors weather market fluctuations.
Clips
The speaker shares insights on how to determine and maximize one's risk-reward mindset in order to make informed decisions and achieve financial success.
29:03 - 30:40 (01:37)
Summary
The speaker shares insights on how to determine and maximize one's risk-reward mindset in order to make informed decisions and achieve financial success.
ChapterUnderstanding Asset Allocation and Risk Mitigation
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The importance of having a plan in place for financial crashes and black swan events is emphasized.
30:40 - 31:46 (01:06)
Summary
The importance of having a plan in place for financial crashes and black swan events is emphasized. Automating financial decisions and having an asset allocation plan with uncorrelated or inversely correlated buckets can help mitigate risk.
ChapterUnderstanding Asset Allocation and Risk Mitigation
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The minority of tech investors actually bet on tech failure and have enough money to handle the potential loss, while the majority of investors take high risks for high returns.
31:46 - 35:28 (03:42)
Summary
The minority of tech investors actually bet on tech failure and have enough money to handle the potential loss, while the majority of investors take high risks for high returns.