What do you do if you are not concerned with volatility, and are willing to take on even more risk than the stock market has to offer? There are two options: reducing diversification, or using leverage.

References in this episode:
LifeCycle Investing and Leverage: Buying Stock on Margin Can Reduce Retirement Risk: https://papers.ssrn.com/sol3/papers.c...
Lifecycle Investing: A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio: https://www.amazon.ca/LifecycleInves...
Embedded Leverage: http://docs.lhpedersen.com/EmbeddedLe...
Why Do Most Investors Choose Concentration Over Leverage?: https://www.aqr.com/Insights/Research...
Leveraged ETF Rebalancing: An ETFdb.com Guide: https://etfdb.com/leveragedetfs/unde...
PathDependence of Leveraged ETF Returns: https://www.math.nyu.edu/faculty/avel...

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