The Importance of Risk Premiums in Investment Decisions

If you are dealing with supply chains, long-term strategic planning, it's very, very hard to price in that kind of binary risk. But if you say we get 50% of our profit from China now, how do we rejigger our business? So five years from now, it's 10%. That's actually pretty much exactly what Micron, the company that's undergoing a cybersecurity investigation in China now, did. They saw the riding on the wall and they were like, we got to reduce our China exposure.