Talk Your Book: The Fabric of Risk

Today’s Talk Your Book is presented by Fabric Risk:

 

Micheal and I spoke with Fabric Risk founder Rick Bookstaber about how financial advisors can help their clients better understand the concept of risk in their finances.

We discuss:

  • Risk means different things to different people
  • The differences in risk between institutions and individuals
  • Quantitative vs. qualitative measures in risk management
  • Risk vs. opportunity
  • The 2 types of risk for investors
  • How your perception of risk changes over time
  • The risks that truly matters to investors

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