Vineer Bhansali - “The Market is Severely Underpricing the Probability of a Sharp, Catastrophic Loss to the Downside" | #82

In this episode, Meb Faber chats with Vineer Bhansali, founder of Long Tail Alpha, about his career and his firm's focus on tail risk management. They discuss tail risk strategies in asset allocation, the use of options, and common investor biases against portfolio insurance. With today's low volatility, they explore global yield-seeking behaviors and option strategies. The episode also touches on pricing risks, bonds as hedges, and the influence of big data and AI on investing. Vineer shares memorable trades, his investment philosophies, and personal hobbies, and tells listeners where to follow his work.