Some Core Themes for Portfolio Planning [View article]
Mark:
The issue of buying quality relates very strongly to discussions of which side of volatility you want to take. As I wrote in a recent article, it is good to know if you are long volatility or short volatility. Buying high quality assets is a way to go long vol, because these tend to benefit (on a relative basis) when vol goes up and people get panicky.
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Mark:
Sep 17 11:36 am
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All Comments by Geoff Considine »Some Core Themes for Portfolio Planning [View article]
The issue of buying quality relates very strongly to discussions of which side of volatility you want to take. As I wrote in a recent article, it is good to know if you are long volatility or short volatility. Buying high quality assets is a way to go long vol, because these tend to benefit (on a relative basis) when vol goes up and people get panicky.