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Well, you can think of your life portfolio being a combination of idiosyncratic risk (the particular business or unique exposures you have) and systemic risk (e

Well, you can think of your life portfolio being a combination of idiosyncratic risk (the particular business or unique exposures you have) and systemic risk (exposure to the broader system). For example, way too many people were piling into SF real estate, right at the time when they felt the most rich from their employee stock options. http://www.snow.ventures/blog/2016/1/13/stopbuyingsfrealestate http://www.snow.ventures/blog/2016/1/13/stopbuyingsfrealesta... We have a systemic hedge product, and are working on building out the capabilities to create unique portfolios to hedge idiosyncratic risks.

mooreds 11y ago
Ah. At what level is the broader economic system that your systemic hedge helps? A city? A county? Anywhere within a reasonable car commute? The state? The country (which, for some Europeans, is all within a reasonable car commute)? From your website, looks like the systemic hedge is focused on SV right now, which makes total sense. Bet once you get it nailed there, there's plenty of blue ocean in the other tech hubs. Also, I bet you've seen this, but this book really opened my eyes to the fact that your expected lifetime income was another asset to think about diversifying: http://www.amazon.ca/Are-You-Stock-Bond-Financial/dp/0133115291 http://www.amazon.ca/Are-You-Stock-Bond-Financial/dp/0133115...