How do you actually achieve the mental fortitude to stay calm when your portfolio is bleeding? The strategy relies on three structural pillars:
The central thesis of the guide is that traditional measures of risk, such as standard deviation (volatility), are often inadequate and can be misleading in real-world financial markets. The authors argue that being "unperturbed" is not about ignoring price swings but about building a portfolio that is robust by construction, specifically addressing the limits of data and the impact of market extremes. unperturbed by volatility pdf 2021
In 2021, market volatility was fueled by the ongoing pandemic, which led to unprecedented government interventions and shifts in investor sentiment. The resulting market fluctuations made it challenging for investors to stay calm and focused on their long-term goals. How do you actually achieve the mental fortitude