Sean Liu

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Get the biggest bang for your risk buck. The bigger the potential reward, the more risk you must take. But a bigger risk doesn’t always mean more reward. Sometimes we face two options that offer the possibility for the same expected reward, but one is riskier than the other. Taking more risk than necessary is inefficient. You will learn how to diversify to reduce unnecessary risk and keep your potential for more reward intact.
An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk
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