Episode 187: The Power of the Barbell Strategy: Why protecting against the downside will protect the upside
In Nassim Taleb’s book Antifragile, he introduces the concept of the barbell strategy. At one end of the barbell, you’ve got low-risk low-reward, don’t he other end high risk, high reward. Taleb believes that you stack a bunch on the low risk/reward side and take strategic shots on the outliers, while staying away from the…