Risk Aversion
topic on 2 shows · 2 statements across 2 episodes
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Invest Like the Best
2 statements about Risk Aversion, every show
Kim: Investors are not risk-loving, they rationalize risk away
“I don't really think there's such thing as risk loving, risk aversion. I think that there are only people who actually Perceive there's no risk. I think that no one actually really invests with a lot of risk. I think that, that people actually convince themsel…”
Bakshi: Great Businesses Are Risk-Averse but Not Loss-Averse
“The way I think about it is that I'm looking for businesses that, that are risk averse, but not loss averse. And those two things are very different. So what you're really looking for is somebody who doesn't mind making a few small bets. Many of them will go b…”