Episode 49

Leverage, Concentrated Stock, and the Case Against Too Much Conviction

In episode 49, Matt, Aaron, and Pat break down the hedge fund that lost 67% in a single month, what it says about conviction and leverage, and why the smartest person in the room is often the most exposed. They also get into the SpaceX stock move and what it actually looks like for employees holding a concentrated position, plus a clear-eyed look at the new Trump accounts and where they belong in a family’s savings plan.
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