“Long-term investment success is ultimately determined by the ability to ignore external ‘noises’ and concentrate on the issue of buying good businesses.”
~ Michael Lee-Chin
How do you handle uncertainty?
January 18, 2022
“You can’t reach your goals without taking some risk. The question is, how much risk can you handle?
Typically, there is no riskless financial planning strategy. Even “playing it safe” has an opportunity cost. You can’t just abstain from making decisions until you have perfect knowledge because then you would never leave the house.”
Posted in All Columns, Risk Management
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