Risk Tolerance is Stupid! Pt1
“Successful investing is about managing risk, not avoiding it.” ~Benjamin Graham
Investing based on a Risk Tolerance Questionnaire is STUPID!!!
Almost every investor needs to answer a Risk Tolerance Questionnaire before investing. These questionnaires determine the investor’s destiny. And these questionnaires are dumb. We’ll look at some of the problems with RTQs, and next week we’ll look at the solution.
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