In this episode Tony explains how he thinks about struc­tur­ing a port­fo­lio tak­ing into con­sid­er­a­tion your appetite for risk and volatil­i­ty.  In our Club episode, we also answer some lis­ten­er ques­tions about the process of buy­ing shares, how to work out the most under­val­ued Top 10 stock, and the NEFF ratio. Oh yeah, and I sing Tony a song.

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