Understanding Risk

Robert P. Kurshan
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Robert P. Kurshan: Fellow, Cadence Design Systems (retired)

Chapter Chapter 3 in Investment Industry Claims Debunked, 2022, pp 67-91 from Springer

Abstract: Abstract What does risk have to do with managing finances? A lot. Simply because a choice is “risky” doesn’t mean it should be avoided, because its alternative is also likely to be risky. One needs to be able to compare risks. Understanding and comparing the risks associated with an investment and its alternatives can help make the most beneficial choice.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-76709-9_3

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DOI: 10.1007/978-3-030-76709-9_3

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