Ep. 19 – Ian Cassel on Microcap Investing, Dealing with Self-Doubt, and the Secret of Happiness
The One Percent Show with Vishal Khandelwal
How Do You Think About Probabilities and Consequences in the Prospective Risk?
Risk is a very important subject, i think. And this is one question which i asked every one, every investor who i might on the one sho about the risk. How do they see this idea of risk when it comes to investing? Right? A buffet in his 19 89 berkshire agium, he was asked, right? How does he approach risk an investment decision making? And and he had the quotation, which was actually a formula. Take the probability of loss multiplied by the amount of possible loss from the probability of gain, multiplied the amount of potential gain. That's, that's how i think about it, righti, i want to bring in a warm buffer
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