Scott Aboukir
speaker
493 appearances
1 recordings
1 series
first heard Jul 2026
last heard 17 Jul
Scott Aboukir’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
It's actually the legal entity that we're talking about here.
Like a trust or a foundation has very different, like very specific, like liquidity parameters and things.
So we think a lot about risk in terms of dollar terms and what the liabilities really are.
But as you look at the last few years in particular, you had this bull market run.
And if you're taxable, this arbitrary rebalancing to like a 70-30, if your dollar liabilities haven't risen commensurately, it's sort of silly, we think.
And so we basically have a way of...
somewhat reflexive where as the market rises, we allow our entities to take more risk.
And conversely, there's situations on the downside where that can kind of be tricky.
Our actual benchmark adjusts as the market continues to go up.
And that's a way that we think we can actually hold things longer and let them compound and continue to like not interrupt that compounding with tax payments.
And that's worked right for us over the years.
I mean, obviously the market has continued to go up, but we think that, sure, would that leave us sometimes like in a higher allocation than the market all of a sudden goes through a drawdown?
Well, we have wished that we just stuck to the simple basic 70-30.
I mean, maybe, but I think we're pretty confident that avoiding that as taxes on the upswing and sort of staying invested and then not trying to time these things or doing arbitrary rebalancing is going to end up being like the better thing over the time horizon that we're referring to.
Exactly.
I mean, we basically work with a couple of constraints on our portfolio that takes the place of a strategic asset allocation.
We have a drawdown threshold, which is based on some heuristics and we can get to that.
And then we do, I wouldn't phrase it as we want to be as illiquid as possible with the rest.
but we definitely want to be as riskful as the rest.
And so we sort of have this drawdown threshold.
Showing 101–120 of 493 · page 6 of 25
← Previous
Next →