Convexity, Resilience and Building Better Brakes with David Dredge
Update: 2025-10-23
Description
Investors tend to underestimate the probability of tail risk events and assume market correlations will be stable. These are well-understood yet persistent blind spots that damage long-term portfolio performance. This week, we talk to David Dredge, CIO of Convex Strategies, as he shares his experiences and perspectives on the importance of overcoming these biases and incorporating convexity exposure, towards building greater resilience, maximizing compounding effects in return streams and optimizing for actual, rather than historic, returns.
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