In this episode of ReLAWtionship, Candise Shanbron and Justin Cernitz explore innovative financial solutions with the co-founders of Measured Risk Portfolios, Bernard Surovsky and Larry Kriesmer. They share insights on their finite predetermined downside approach to portfolio management. In addition to investment strategy, Larry and Bernard share their story of creating a partnership and how they've been able to separate their business partnership from their personal lives. They highlight the importance of recognizing each other's strengths and weaknesses and the significance of communication and vocalizing concerns in partnerships.

Here are takeaways from this episode:

Quotes: 

“I think most people that are realists operate, which is there are no certainties except death and taxes.” – Candise Shanbron

“The traditional portfolio construction, it doesn't give clients any peace of mind in terms of what will happen.” - Bernard Surovsky

“Fundamentally, we had to do something different, and that different was literally scrapping the idea behind investing directly in the market.” - Larry Kriesmer

“The one thing I think has been unique in our relationship is number one is we don't do anything major unless both of us agree. So, we both have veto power over making really big decisions, you know, small decisions can make them some of it and be right, some are going to be wrong, you know, and there's no holding one.” - Bernard Surovsky

“What we're trying to do in this whole process is eliminate that uncertainty that happens when markets start to decline.” - Larry Kriesmer

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