“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insight, or inside information. What’s needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework.”
~ Warren Buffett
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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