Asymmetric Risk Insights
Todd shares a compelling perspective on risk management, likening insurance to a short put business with limited upside and potential for significant loss. He contrasts this with venture capital, where the downside is capped at the initial investment, but the upside can be substantial if entry points are favorable. Ultimately, he emphasizes the importance of fair value in both sectors, highlighting that overpaying can lead to failure, regardless of potential gains.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Todd Simkin - Game of Trading at Susquehanna (EP.399)
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