The Bull and the Bare Truth

Podcast Episode 9: Diversification and Correlation

In this episode we discuss what investors want for their portfolios, diversification and why they are likely to be disappointed chasing uncorrelated assets. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kevinkneafsey.substack.com [https://kevinkneafsey.substack.com?utm_medium=podcast&utm_campaign=CTA_1]

Podcast Episode 8: Liquidity

In this podcast we explore what liquidity in financial markets means and importantly how and why the premium paid to holders of illiquid assets is misunderstood. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kevinkneafsey.substack.com [https://kevinkneafsey.substack.com?utm_medium=podcast&utm_campaign=CTA_1]

Podcast Episode 7: NPV as a Simple Model of the Economy

In this episode we build on the paper NPV and a Simple Model of the Economy by eliminating the math and using a simple analogy to draw out in the intuition about how the economy works. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kevinkneafsey.substack.com [https://kevinkneafsey.substack.com?utm_medium=podcast&utm_campaign=CTA_1]

Podcast episode 6: Private Credit, Private Equity and Simple Math

There are three important points missing from the discussion about private credit concerns. 1) What structurally should make us worry about private credit? 2) How does private equity's use of private credit make the problem worse? 3) How has taking money from individual investors exacerbated the troubles for private credit? This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kevinkneafsey.substack.com [https://kevinkneafsey.substack.com?utm_medium=podcast&utm_campaign=CTA_1]

Podcast episode 5 - The Six Golden Rules for Allocating Your Assets

Once you decide to invest, the next most important decision is how to allocate your assets between stock, bonds, real estate, commodities, ... Here are 6 golden rules for doing exactly that. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kevinkneafsey.substack.com [https://kevinkneafsey.substack.com?utm_medium=podcast&utm_campaign=CTA_1]