Market Volatility Insights
Ben discusses the intriguing concept of market volatility, revealing that the underlying fair value of the stock market experiences minimal fluctuation—around 1% annually—while the market itself fluctuates at 17%. This disparity suggests a level of predictability in the market, prompting deeper exploration into cyclical factors versus underlying trends. He also reflects on a personal learning moment regarding the complexities of pricing in response to sudden supply changes.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Ben Inker – Value Investing at GMO (First Meeting, EP.17)
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