What is “risk”? Well, it ain’t the standard deviation of monthly returns, I’ll tell you that much right now. For the rest, you’ll have to read the essay!
Look for the research link!
Research : Risk
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[…] off this schedule of obligations!’) and investing accordingly to minimize risk – the word ‘risk’ being defined in a meaningful way, that is, not by some brain-dead MBA/CFA parrotting the Capital Asset Pricing […]