Downside Risk

topic on 1 show · 1 statements across 1 episodes

20VC

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20VC Insight
Low-Income Individuals Must Constantly Hyper-Focus on Downside Risk
“But when you are poor, or when your salary or your income is low, I mean, most people don't even have salaries, they have incomes or wages coming into Lambda, you have to think really, really hard about downside risk, because any little thing that goes wrong t…”
Austen Allred Sep 18, 2020 ▶ 7:37 20VC: Lambda School Founder, Austen Allred on How To Assess Your Relationship To Risk and Money, Why San Francisco Is A Case Study For The Greatest Squandering of Wealth in History & Why Complexity Increases Exponentially with Scale

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