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The Biggest Risk

2023/3/15
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Stay Wealthy Retirement Podcast

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Tail risk is a type of risk that is hard for people to understand but is crucial in investing. It refers to the probability that an asset or investment performs far below or far above its average past performance, involving extreme events with very small probabilities of occurrence.

Shownotes Transcript

Today I'm discussing risk.

Specifically, a type of risk known as "tail risk."

As Morgan Housel puts it, it's the hardest for people to understand...

...and it's the only one that really matters.Β 

If you want to learn what tail risk is, why it's important, and how to mitigate it, today's episode is for you.

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