Risk with Paul, Daryl and Chris
Paul, Daryl, and Chris discuss the risks of investing and life.
Paul starts with an introduction and admission of his challenges managing risks related to diet and health. He then gets Chris and Daryl to chime in with their definitions and perspectives on risk.
Daryl then shares a framework for evaluating risk from his days as a systems engineer. The framework looks at risks in two dimensions: likelihood and impact (or severity). He describes how the framework can help prioritize which risks to mitigate and gives examples of how some financial risks might be reduced in both dimensions. Chris…
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