Clay and Kris Sidial discuss tail risk hedging, which protects portfolios from extreme market downturns and enhances long-term growth. Kris Sidial is the co-investment officer of Ambrus Group, which implements a carry-neutral tail risk hedging strategy to protect investors against market crashes. IN THIS EPISODE YOU’LL LEARN: 0:00:00 - Intro 0:00:49 - What is tail risk hedging 0:05:23 - What is the VIX 0:07:26 - March 2020 drawdown 0:11:06 - Previous market blowups 0:16:05 - Self-reinforcing nature of markets 0:23:31 - Short vol strategy 0:30:00 - The benefits of a tail risk strategy 0:39:37 - Potential for future market blowups 0:43:42 - Regulatory risks 0:45:36 - Legendary traders & books 0:48:13 - Outro 🤝 Network with like-minded value investors and get new stock ideas by joining the TIP Mastermind Community. https://www.theinvestorspodcast.com/mastermind/ 📊 Add the Fundrise Flagship Fund to your portfolio in just minutes and with as little as $10. http://fundrise.com/wsb ✍️ Get your paper tablet at reMarkable.com today. https://remarkable.com/?utm_source=podcast&utm_medium=paid&utm_campaign=westudybillionaires%7Cremarkableaudio2025&utm_term=a&utm_content=februaryread 💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ ▶️ RELATED EPISODES: - Deep Dive on Currencies, Debt, and Inflation w/ Lyn Alden | Broken Money: https://youtu.be/CTc3ecUlzRc - Broken Money w/ Lyn Alden: https://youtu.be/bs_pYdK8CU8 - Gold: Why It Hit All-Time Highs, Central Banks, & Portfolio Strategies w/ Lyn Alden: https://youtu.be/kmdZscixbSA - Is The Federal Reserve Going Bankrupt? | All You Need To Know w/ Lyn Alden: https://youtu.be/WBHWISo9RYs - Energy, Inflation, and the FED w/ Lyn Alden: https://youtu.be/qgu4Tf_7RWk 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/episodes/hedging-against-market-crashes-w-kris-sidial/ 📖 BOOK MENTIONED: - The Misbehavior of Markets: A Fractal View of Financial Turbulence by Benoit Mandelbrot: https://amzn.to/41C9J5Q Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙 On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.