Navigating an Impossible Market with Chris Schindler

Jul 13, 2020

This is “ReSolve’s Riffs” – live on Youtube every Friday afternoon to debate the most relevant investment topics of the day.

To help us make sense of this market we invited Chris Schindler back to discuss:

• Why the next 10 years are likely to be very challenging and different from the past 10 years
• Why investors should set very low return expectations for virtually every major asset-class
• The power of recency bias and lottery-ticket (wishful) thinking
• The role of commodities and how to use them effectively in a portfolio
• Portfolio construction as a source of both risk and possible alpha
• The dangers of mispricing risk of private investments and assumed negative correlations

We also discussed how Risk Parity is a) disastrously mis-specified by most investors and b) held to a much higher standard than almost any other investment approach, even though it is still the most coherent starting point for a global diversified portfolio.

Thank you for watching and participating with your questions. See you next week.