
#43 - David Dredge: Risk Management
Insightful Investor
Navigating Risk in Investing
This chapter explores the intricacies of risk management in investing, using a racetrack analogy to illustrate shifting risk perceptions. It critiques traditional methods like value at risk, emphasizes the importance of having 'skin in the game,' and discusses the behavioral complexities that lead to flawed decision-making in volatile markets.
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