Nathan. Timely and very useful article. I also like Dr Greger of nutritionfacts.org, to the point of becoming 90% WFPB, allowing me two meals per week of "dirty" stuff. Investing wise, one should put away some money for rainy days to reduce the pressure of closing positions at the worst possible time. I fully embrace the idea of Volatility as a friend. To that end, it's good to learn about options and the asymmetric protection they provide if done properly. Tail Hedging (TH) is a good idea, but only to protect from catastrophic (>25%) drops, otherwise it becomes too expensive. I'm currently complementing TH with some collars in key positions with low/zero dividend, like BRK, that I'm ok to turn in if the Call levels are hit. Keep up the good work!
Nathan. Timely and very useful article. I also like Dr Greger of nutritionfacts.org, to the point of becoming 90% WFPB, allowing me two meals per week of "dirty" stuff. Investing wise, one should put away some money for rainy days to reduce the pressure of closing positions at the worst possible time. I fully embrace the idea of Volatility as a friend. To that end, it's good to learn about options and the asymmetric protection they provide if done properly. Tail Hedging (TH) is a good idea, but only to protect from catastrophic (>25%) drops, otherwise it becomes too expensive. I'm currently complementing TH with some collars in key positions with low/zero dividend, like BRK, that I'm ok to turn in if the Call levels are hit. Keep up the good work!