Speculative Short Volatility & Neglectful Short Volatility

Timing is one distinguishing feature of the Tidy First worldview. Like Goldilocks, we don’t want to be too early with our structure investments & we don’t want to be too late with our structure investments. Let’s contrast too early & too late with volatility glasses on.

Neglectful

The first bias is usually making structure investments too late. You write …

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