Dr. Rick Bookstaber - How the Psychology of Risk Shapes Our Choices
Standard Deviations with Dr. Daniel Crosby
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Are You a Risk Averse?
If the market dropped 50 % to morrow, and i was heavily in equities, that wouldn't that's not a permanent loss of capital. If i'm diversified, that's probably not even going to mater really mean that i can't reach my goals. And yet, i think the average person would see that as really risky, and they'd feel really rotten about that. I don't think to say academic versis real. I think it's people versus institutions. So if you're a trader, risk for you is maybe what's going on intra day or day by day. For an individual it's really, again, risk versus a goal. To mention in your life
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