I’ve posted Podcast #134 to the “RobCasts” section of the site. It’s called Risk Without Risk.
Passive Investors will tell you that you must take on more risk to obtain a higher return. It’s not so. What you must take on is a higher perceived risk. That’s something very different. When you discover an asset class that is perceived as risky but that in fact is not risky, you can obtain the best of both worlds — a high return at little real risk.