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The Different Flavors of Risk

February 5, 2016

One of the main points of discussion in the IOI 102 course — an Introduction to Behavioral Biases and Structural Pitfalls to Investing — is that the definition of “risk” for an principal investor of capital is very different than the way agents’ (e.g., analysts, brokers, bankers, etc.) definitions. This mismatch means that oftentimes (always?) …

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