3min chapter

Money For the Rest of Us cover image

How To Get Better At Risk Taking

Money For the Rest of Us

CHAPTER

The Stock Market Might Fall 80 %

With uncertainty, there is a wide range of potential outcomes. We are uncertain about what will happen in the future. The stock market might fall 80 %. It's possible to estimate the probabilities of that based on history. Insurance through a put option can be very expensive, because stock markets are volatile.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode