“Write down what the world looks like when you're right and when you're wrong and then keep checking does the world still…”
Top Traders Unplugged · IL54: Why Smart Investors Keep Making Crazy Decisions ft. Alex Edmans
Play from 46:51
46:51
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
Write down both the upside and downside scenarios for each trade, plus explicit kill criteria
Said nearby on the same subject
“There's a 10% increment or a 20% increment to the global South has very little bearing to the downside to the US and a fundamental and radical bearing to the upside.”
“We focus where there's blank space… give up some of the equity upside in order to protect our downside… consistently performing about 14% per annum, much better than equity markets.”