Redefining Risk
Risk is often misunderstood; it’s not merely about volatility but rather unexpected events that derail plans. When investors anticipate market fluctuations, those aren’t risks—they're part of the game. True risks are significant geopolitical shifts or major currency declines, not the typical market dips that many fear. The insight challenges conventional thinking, highlighting how misaligned definitions of risk can lead to poor investment decisions.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Morgan Housel – Same as Ever (EP.359)
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