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How to Manage Your Risks in the Stock Market
You only know who's swimming naked when the tide goes out. When you don't manage your risks, that's when a lot of things kind of domino effect on themselves. So in the stock market, we look at like, what's the maximum liability here? Can the company cover it or do they have it spread out? Do they have it lather? Does the debt lather? Those are the things you look at with stocks. I would imagine with real estate, there should be similar ways to do it. But you want to start at the what's the worst case scenario and just assume it's going to happen. If you know that your worst downside risk is covered,