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8min chapter
Timeless Lessons from History's Best Traders | Jack Schwager
Excess Returns
Understanding Risk vs. Volatility
This chapter explores the crucial distinction between risk and volatility in trading, addressing common misconceptions and their implications. Using examples, including the 2008 financial crisis, it emphasizes the importance of precise terminology and understanding in trading strategies.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode