Meb Faber warns that high valuations can mask a larger market risk: many low-probability failure scenarios can add up to a meaningful downside. The point, echoed from Paul Kedrosky, is that modest-looking risks become more dangerous when they compound.
published
Meb Faber warns that high valuations can mask a larger market risk: many low-probability failure scenarios can add up to a meaningful downside. The point, echoed from Paul Kedrosky, is that modest-looking risks become more dangerous when they compound.
Latest documented BWB result
$META market result
I sold the $META $655 Puts 9/25 for $7.60
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