2min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Vaughn Tan – Quality and Innovation - [Invest Like the Best, EP.150]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

Uncertainty vs Risk

In a sense, risk is not truly uncertainty. We actuall have to think about uncertainty in the context of certainty. Sometimes that discomfort is paralyzing, but sometimes it can really make you look in new places for new information. And i think of that as discomfort that's productive. It does something for you and is a good thing. Except we sort of instinctively avoid all sorts of discomfort, regardless of whether it's good or bad.

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