Bernie Madoff Dies | What We Can Learn from His Story

3 years ago
7

In this episode, we look at the lessons that can be learned from the largest private ponzi scheme in history. Namely, don't be a turkey. When you see performance that looks too good to be true, it probably is. Instead of seeking low volatility, recognize that risk is not the same as volatility, and volatility suppression causes more risk.

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#madoff #ponzi #volatility

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