![]() ![]() The actions we dare to take, which depend on how free we are to make choices, are what the story of risk is all about. In this sense, the risk is a choice rather than a fate. The word ‘risk’ derives from the early Italian risicare, which means ‘to dare’. No matter how calm you are, no matter how long term an investor you are, no matter what your horizons, when the market is jumping around, you feel uncertainty in your gut and it’s hard to resist that. The greatest risks are the risks that we don’t see and the most difficult problem is in preparing in advance for that kind of thing. What if I am wrong? Any rational investment plan has to start with that question. Here are some of the insights on investing and risk from the investing guru Peter J. He suggested investors to look into the possibility of loss rather than the gain from the investment. He has authored 10 books on finance and economics. He popularized the ‘Efficient Market Theory’ due to his in-depth knowledge of risk. ![]() Bernstein was an economic and financial historian. ![]()
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