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Risky Moves: Dr Richard Smith on risk and uncertainty with Tobias Carlisle on The Acquirers Podcast

The Acquirers Podcast

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How Did You Come to Be Interested in Risk and Decision Making Under Uncertainty?

Richo: My focus was on, am, decision making under uncertainty. So i developed a web site called trade stocks dot com that started to bring trailing stop loss alerts two retail investors like me at the time. When we are losing, am we don't want to sell. In the words of daniel conoman, we are risk seeking. And when we're winning, our fear of loss attaches itself to our profits and we become fearful of losing our profits. We have this recipe for am chasing losses, right?

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