Tuesday, December 23, 2014
Risk-aversion.............................................
“Risk-aversion is one of those behaviours that may not seem all that rational in terms of building wealth, or increasing the number of offspring,” he says. “But . . . if you engage in more conservative behaviour, it’s much less likely that nature will eliminate you.”
-Andrew Lo, as excerpted from here. (via)
video via the Borderline Sociopathic Blog for Boys
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