Transcript: Sébastien Page - The Big Picture
~~~ VOICEOVER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest. His name is Sebastien Page, he is the head of multi-asset investing — at investing giant T. Rowe Price. They run about $1.3 trillion, he runs about $360 billion of it. This really is a master class on asset allocation, diversification, risk management, and the concept of expected returns versus expected risk. As it turns out, it’s easier to predict risk than it is to predict returns. I don’t know what else ...