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Investing Strategies / Risk


Subject:  Re: Subject for this board Date:  3/13/2000  1:53 PM
Author:  solasis Number:  11 of 297

My definition of risk is relatively simple.

Risk has two components, the probability of an event happening and the consequences of that event should they occur.

in my opinion, the financial community spends way too much time trying to quantify the former. it's interesting, because in engineering, we are the opposite, we spend the majority of our time studying the potential consequences.


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