All Else Equal: Making Better Decisions cover image

Ep20 "Risk and the Fundamental Tradeoff of Corporate Finance"

All Else Equal: Making Better Decisions

00:00

The Importance of Diversification in Wealth

Jonathan Gruber: Why is it that in richer societies, people have fewer children? He says risk has something to do with this. In a world with high infant mortality, you can't invest in any single kid because it's too risky. Gruber: The key inside of today is that risk plays an important role in the way we face decisions.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app