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Knowing the difference between Risk and Deep Risk

 

Knowing the difference between Risk and Deep Risk

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Bill Bernstein is widely known among professional investors as one of the best writers and thinkers in the industry. Two of his books, Deep Risk and The Investor’s Manifesto, belong in any conversation about the most important investment books ever written. Bernstein doesn’t appear on TV nor does he do much public speaking. So this interview with my firm’s director of institutional asset management, Ben Carlson, is very special.

You can watch it here:

Here’s the question Bill posed at dinner last summer that made my head hurt – what happens if the cost of capital never rises again?

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Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

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