“I sent an email ... I am increasing my equity rating by 20 percentage points. Why? Because my investment horizon is 40 years.”

Alex Edmans · The Rational Reminder Podcast · The Madness of Markets (Alex Edmans)

Play from 24:55
24:55

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What was described

Sent an email to his students advising them to increase their equity rating by 20 percentage points because his 40-year investment horizon lets him tolerate short-term mispricing

20 percentage points

Said nearby on the same subject

“One account executive shared that automation's replaced about 20% of his old tasks, allowing him to talk 30% more customers in the same amount of time that he invested in his job before.”
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Contrarian take Share this moment

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