Tag: finance
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What is Risk, Really? (Hint- It’s Not Market Volatility)
A Life-Time View at Risk When mainstream financial media talk about “risk,” they are usually talking about short-term bumps in the road. In this context, “risk” is used interchangeably with “volatility”; it is measured using a statistical metric called “standard deviation.” I look at things a little differently. True risk is not having enough money…
