Sharing this highly informative discussion about Risk Parity featuring an interview with Adam Butler of ReSolve Asset Management. Great description of the basics and helpful Q&A to get into the nitty-gritty.
Hadn't heard the podcast "Excess Returns" before, but this episode came across my timeline, and I'm glad it did. It's a great discussion with Butler, part of the team that wrote the "Return Stacking" paper I reviewed awhile ago, covering all things Risk Parity. It is on the long side (80 minutes) but the two hosts, Jack Forehand and Justin Carbonneau, do a great job and cover a lot of ground: the origins of RP, what it is (and importantly, what it isn't), and how RP is faring in these days of high inflation. Lots here for novice and advanced individual investors. Give it a listen!
They also put out the episode in YouTube form:
Lastly, and I may be the only one bothered by this, but I had a mistaken post sent out to subscribers yesterday, and I'm sorry for crowding your inboxes with that incomplete look at EDV. I was planning to get to it, but real life got in the way. I'm a teacher, so this last week of school has been crazy, and I didn't have time to finish it. I also forgot to unschedule it. Anyway, the write up of EDV is coming tomorrow!