Risk - Deepstash
Risk

Risk

Investing consists of exactly one thing: dealing with the future. And because none of us can know the future with certainty, risk is inescapable.

The first step consists of understanding it. The second step is recognizing when it’s high. The critical final step is controlling it. Because the issue is so complex and so important, I devote three chapters to examining risk in depth.

people are naturally risk- averse, meaning they’d rather take less risk than more. 

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Other Tips From Jordan Peterson For a Better Life

  • Consider that any hierarchy creates winners and losers. The winners are more likely to justify the hierarchy and the losers to criticize it.
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