
15- The Reason Mutual Funds Aren't Mutual
InvestED: The Rule #1 Investing Podcast
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Is Your Portfolio Risky?
The S&P 500 has a number of one by definition, so whatever it does is one. Risk is judged as your stocks moving around more than the S&P500 period. That's called risk. Warren Buffett has just said, this is nuts. Risk is it's a bad company. I mean, these guys aren't making a judgment when it comes to risk about whether the company is any good or not,. It has intrinsic characteristics that let you expect it to be around for a long, long time.
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