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What I Think I Know

“Just trying to do the hardest thing of all – to understand”

There exist market risk, investment risk, credit risk, failure-to-match-maturities risk, commodity risk, terrorism risk, and many more types of risk. The idea of general risk is not helpful in a safe and cheap analysis. When financial academics and sell-side analysts refer to risk they almost always mean only market risk and usually very short-run market risk

There exist market risk, investment risk, credit risk, failure-to-match-maturities risk, commodity risk, terrorism risk, and many more types of risk. The idea of general risk is not helpful in a safe and cheap analysis. When financial academics and sell-side analysts refer to risk they almost always mean only market risk and usually very short-run market risk

November 24, 2016 Nate

Martin J. Whitman;Martin Shubik. The Aggressive Conservative Investor (Kindle Locations 217-218)

There exist market risk, investment risk, credit risk, failure-to-match-maturities risk, commodity risk, terrorism risk, and many more types of risk. The idea of general risk is not helpful in a safe and cheap analysis. When financial academics and sell-side analysts refer to risk they almost always mean only market risk and usually very short-run market risk.


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