Portfolios inevitably can experience drawdowns despite the best efforts of managers to build robust asset holdings that weather shocks. In order to be successful, portfolios need to find ways to recover from crises and it’s there that portfolio resilience becomes important, Ashby Monk, executive and research director at Stanford University’s Long-Term Investing Program, tells Aerial View. His work is focused on the recovery profile of an asset, a portfolio or a fund after a crisis hits.