Podcasts about understand risk

Allison Schrager, author and Bloomberg Opinion columnist, joins Jon Hansen to discuss the effects of single people on the economy. Allison discusses why there is a decline in marriages and talks about her book: An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk.

In this episode, we explore the concept of optionality—how small, strategic decisions can lead to outsized rewards with limited downside risk. From ancient philosophy to modern financial strategies, discover how recognizing and seizing options can unlock opportunities in both life and investing.Topics covered include:How call and put options workThe difference between American and European style options and why it mattersWhy options are positively skewedExamples of using optionality in business and lifeWhy it can be challenging to commit when an option is "in the money"SponsorsShopify - Sign up for a $1 per month trial periodNetSuite - Download the CFO's Guide to AI and Machine LearningInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletterOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesAntifragile by Nassim Nicholas Taleb—Penguin Random HouseThe Wisdom Of Finance: Discovering Humanity in the World of Risk and Return by Mihir Desai—Harper AcademicRefuse to Choose!: Use All of Your Interests, Passions, and Hobbies to Create the Life and Career of Your Dreams—Penguin Random HouseAn Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk by Allison Schrager—Penguin Random HouseRelated Episodes482: Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity268: How To Better Manage RiskSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Economist Allison Schrager, Bloomberg columnist and author of An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk, makes the case for working well into your 70s. And even if you think the case is "poor," that's exactly what you'll be if you opt out of the workforce at 62. Plus, a French gangster known as La Mouche, or "The Fly," shoots his way to freedom as the French fret about the Olympics. Produced by Joel Patterson and Corey Wara Email us at thegist@mikepesca.com To advertise on the show, visit: https://advertisecast.com/TheGist Subscribe to The Gist Subscribe: https://subscribe.mikepesca.com/ Follow Mikes Substack at: Pesca Profundities | Mike Pesca | Substack Learn more about your ad choices. Visit podcastchoices.com/adchoices

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can't opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can't opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can't opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can't opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can't opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Rising interest rates and the end of easy money were two factors in the sudden collapse of Silicon Valley Bank (SVB) and a subsequent stock market run on shares of regional banks. Questions were raised about the safety of the entire U.S. banking industry. We examine risk in banking, investing and the broader economy.Federal regulators faced harsh criticism for the latest bank failures. Progressives blamed politicians who eased regulations on medium-sized and small banks. Some on the right claimed that DEI — Diversity, Equity and Inclusion — distracted SVB from focusing on risk management. Our guest is economist and risk expert Allison Schrager, author of "An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk". She also writes frequently for Bloomberg Opinion and City Journal. This episode looks at the causes of the recent bank panic and the current outlook for the financial industry."Safety is the foundation of finance and it is also how we price risk," Allison tells us in this episode. Everyone assumes that holding government-backed securities is safe. "But long-duration bonds are very sensitive to changes in bond yields." If interest rates go up, "bond prices on long-dated securities go down a lot." SVB was heavily invested in these securities. But many of its depositors, including tech firms and venture capitalists, were highly sensitive to rate rises. In mid-March, despite reassurances from top executives, SVB's depositors pulled their money out. It was a sudden online version of an old-fashioned bank run.We look at potential solutions and hazards for investors and the economy, including the perils of inflation, the dangers of groupthink, why investors and bank executives should feel some pain when an institution fails, and the need for risk management that takes a broad range of economic possibilities into account. Allison recently wrote this about why Silicon Valley is facing rising threats to its business model. The latest column for Bloomberg cautions savers and investors: don't make the same mistake as SVB with your 401k.Recommendation: Richard plays this word game almost every day: Spelling Bee, a somewhat addictive game from The New York Times. Hosted on Acast. See acast.com/privacy for more information.

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In this episode we sit down with a true commercial real estate Pioneer, Ed Cross. Ed is an influential developer out of the Texas market that is know for being an innovative and creative multifamily developer. Ed has accomplished some amazing things and his career and he shares his lessons learned over the years. DISCUSSION TOPICS How Ed Got Started - 1:38 Ed's First Development Deal – 8:42 Ed's First Big Brokerage Deal – 10:30 The Gift of Abstract Thinking – 18:05 The Key Ingredients for being a Successful Broker – 19:40 Ed Starts to Discuss the Vistana Project – 23:00 Law of the Indies / Spaniard Settlements – 25:30 The Benefit to Developing in a market that is 10 years behind – 28:30 The Practice of Virtual Development – 32:47 Ed's Partner and The Start of Corona Beer in the US – 35:25 Ed's Mistake in the Development of Vistana - 37:25 How Ed Managed the Stress of Being Behind Schedule and Over Budget - 41:35 Ed's New Project – Vicinia – The New Urbanist Development – 48:08 Discussing New Urbanism – 48:45 How the Civil Engineer was Ed's Biggest Adversary with Vicinia – 58:30 How Ed Got Partner Support for a Pioneering Venture – 1:00:30 Designing a New Urbanist Project to Accommodate Parking and Large Trucks – 1:02:40 Ed's Biggest Piece of Advice – 01:08:47 TOP TAKEAWAYS Present Numbers and Present a Proposal in a way that the recipient doesn't have any questions. 2:45 To excel in Commercial Real Estate you have to be able to have abstract thinking. – 18:05 The Creativity of Development is like Brokerage x10 – 23:35 Embrace Issues in Development and Don't Look at Them Adverse Effect to a Project – 24:15 CRE is a really small community and You're known by your character – 39:20 Don't Develop for Fees, Develop for Ownership – 42:25 Have Skin in the Game, Overcommunicate and Understand Risk 42:50 No Surprises – 43:10 Worrying Doesn't Solve the Problem… Working On It Does – 44:15 Marry Well – 45:00 Land's Value is Based off the Density You can Put on It – 1:01:28 Website Link to Vicinia - https://viciniasa.com/

We're getting a little nerdy on the show today with Allison Schrager who is our favorite author on the subject of risk. She's an economist, a senior fellow at the Manhattan Institute, a columnist at Bloomberg Opinion, and co-founder of LifeCycle Finance Partners which is a risk advisory firm. Allison has had a varied career from working in finance, policy, and media with her byline often appearing in many different publications like the Economist and Wired. She's also written a book, “An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk” that we're diving into as well. And we're going to discuss what risk looks like in our world today- how we should be interpreting it as individuals, as investors, and whether we should be exposing ourselves to more risk in a world that seems obsessed with the pursuit of safetyism.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear' is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It's fun, free, & practical. Find a thriving community of fellow money nerds by joining the HTM Facebook group! Maximize your rewards by getting the best credit card for how you spend. Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don't be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Busy as Daggie by Tripping Animals! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.

Paul and Ira talk about how most investors don't understand a fundamental investment concept that may be leading them into harm's way. A recent survey shows that many investors believe that the safest investments bring the biggest returns. Listen along as Paul and Ira explain risk and how you can have it work for you in investing. After the break, Ira talks about banking and hoarding cash during this time of high inflation.  To get a copy of our new book, Confident Financial Planning, go to paulwinkler.com/book.

Find out more on our website: https://bit.ly/3nELsHw Sanctions are restrictive measures that can be put in place to fulfil a range of purposes, which are increasingly being used in political discourse and international relations especially since the advent of Russian's invasion of Ukraine. In the UK, these include complying with UN and other international obligations, supporting foreign policy and national security objectives, as well as maintaining international peace and security, and preventing terrorism. What does this mean from an organisation or firm perspective? Why does this matter and why is it important to an organisation or firm? How does an organisation or firm manage risk using intelligence led data analysis? What does it mean when the unknown unknowns are identified, possibly within your customers, partners, suppliers and employees? Speaker: Michael Hoddy is Sales Leader for UK and Ireland at i2 Group, now part of Harris Computer Corporation. i2 Group were established in Cambridge, England in 1990 and are the de facto market leaders who produce visual intelligence and investigative analysis software for Defence, Law Enforcement and Commercial agencies. Michael has 25+ years of extensive national and international experience working with a wide range of companies and organisations in both regulated and un-regulated markets. He is a passionate advocate in helping clients find effective solutions to problems and advises on all aspects of Information Technology, Security and Technological Innovation as how to apply i2's market leading insight to the challenges organisations face every day. Philip Leaper is Professional Services lead for EMEA at i2 Group. Philip has a 20 year history of consulting, architecture and engagement management before joining i2 in 2018, he manages a team delivering the most complex solutions to the most interesting clients. Alongside this, Philip maintains the catalogue of external search connectors that i2 uses to enrich its clients investigations with commercial and open source intelligence, as well as working with clients and partners daily to design solutions that push the boundaries of linked intelligence analysis.

There are special protections afforded to active duty service members (and in some cases their dependents) under state and federal laws. In the Legal Segment, Spencer updates these protections and highlights recent bulletins from the DOJ and CFPB to lenders, servicers and landlords advising that they better comply. Then join Spencer as he interviews economist Allison Schrager. Allison wrote a best-selling book called An Economist Walks Into a Brothel and Other Unexpected Places to Understand Risk. In her book Allison highlights the concept of risk, how it can work for or against you in life and what you can do to even the odds and fight self-destructive habits. From the brothel to world championship poker player Phil Hellmuth, to Pentagon general H.R. McMaster, Schrager explores risk in some high stakes arenas and shows how you can use five principals to identify risk patterns in your life and make then work for you. Then Spencer and Allison discuss the Great Reset. The concept of the Great Reset has been ongoing for years, but it gained much greater visibility and traction in June of 2020, when it was Title of the 50th Annual Meeting of the World Economic Forum. The concept is supported by politicians, activists and businesses all over the world and has three central concepts: 1. Creating conditions for a "stakeholder economy" 2. Building into all economies "equitable or sustainable" policies based on environmental, social, and governance metrics to further environmental, and social agendas i.e. government scorecards to rate the adherence of its citizens to these goals and rewarding or penalizing those who comply or fail to comply 3. Harness the emerging technological innovations (Called the Fourth Industrial Revolution i.e. AI, new industrial materials etc. for the public good, as opposed to private profit. In the words of the IMF: green growth, smarter growth, and fairer growth. However, critics see it much differently and view it as: An alliance of unelected and powerful people worldwide who want to limit national sovereignty and impose a global rearrangement of the social and economic system (based on socialist principles) to take away assets and rights from those who don't conform to the new system, and reward those who do conform. Listen as Allison and Spencer discuss this subject and see what you think. Disclaimer: None of the legal, or financial opinions or information expressed in this podcast may be relied on as legal, or investment advice by Scheer Law Group, LLP. Laws and economic issues affecting the subjects of this podcast change daily. This mandates specific review of legal or economic issues of interest or concern to you with legal counsel or financial advisors who are experienced in the areas of law or finance discussed in this podcast. For more on Scheer Law Group, LLP, go to www.scheerlawgroup.com

Allison Schrager describes her evolution from a small, college town in Connecticut, to college in Scotland, to her interest and graduate studies in economics, and to her learning about and fascination with risk. She explains why she sees a decline in risk-taking, why taking risk can promote growth, and how risk management strategies can help foster and deal with risk. Allison discusses how she came to write the An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk. Allison is currently a senior fellow at the Manhattan Institute and a City Journal contributing editor.

Text LEARNERS to 44222 for more... Full show notes at www.LearningLeader.com Twitter/IG: @RyanHawk12    https://twitter.com/RyanHawk12 General Stanley McChrystal retired in July 2010 as a four-star general in the U.S. Army. His last assignment was as the commander of the International Security Assistance Force and as the commander of the U.S. forces in Afghanistan. He had previously served as the director of the Joint Staff and as the commander of the Joint Special Operations Command. The author of My Share of the Task, Team of Teams, and Leaders, he is currently a senior fellow at Yale University's Jackson Institute for Global Affairs and the co-founder of the McChrystal Group, a leadership consulting firm. Notes: Stan's mentor for his military career and still to this day: an Army officer with a thick southern accent, Major John Vines. His advice: “If there are 3 people responsible for feeding the dog, the dog is going to starve.” Stan graduated from West Point 31 years after his father did. Major General George Smith Patton (General George Patton's son) handed him his diploma. Stan wondered at that moment, what kind of leader you wanted to be. And he came up with, “a good one.” Now the more fundamental question is “What do good leaders do?” Instead of just being a good leader, Stan desires to be an effective leader. Effective leaders: Tactically competent Are morally good Respected They create an environment where others want to follow They shape how people think and behave People that others want to follow Have high standards Risk: in reality, risk is neither mathematical nor finite. Its impact depends to a great extent on how we perceive, process, and respond. A healthy risk immune system successfully executes 4 imperatives: Detect, Assess, Respond, and Learn "Risk comes at you from out of the blue, from every angle, when least convenient. There is a cost in becoming overly focused on risk and another at ignoring them. And the sweet spot between the two extremes moves with the circumstances around you.” “I chose a soldier's life for many reasons, one of which was the desire to perceive myself as a courageous risk taker. I liked the idea of taking risks that others would not.” Threat x Vulnerability = Risk Risk is an eternal challenge. But trying to anticipate or predict every possible risk is a fool's errand. The key is to understand how we need to think about risk, and to then respond appropriately. Rather than living in dread of things we often can't anticipate, duck, or dodge – we must remember these five key insights. Look Inward: The greatest risk to us is us. It's Up to Us: We have a risk immune system Be holistic: It's the system. Make it work Balance: The muscles you exercise will be strong: those you ignore will be vulnerabilities Risk is always with us, and it's our responsibility to make our teams ready for it When taking command of the 2nd Ranger Battalion, Stan, along with the leaders of the unit, established The foundational skills - They called them the big 4: Physical conditioning Marksmanship Medical Skills Small Unit Drills But even before mastering basic skills, grounding both individuals and organizations with answers to the most basic questions that relate to the narrative is essential: What are our values? What exactly do we do? And why do we do it? What is expected of each of us? What went wrong with our response to COVID-19? 50 states operated separately instead of a united response "We weren't unified" "Our leaders did not communicate effectively." "You have to act before the population sees the requirement for it." Have a front-line obsession - Stan was known for going on the front lines with his soldiers. As leaders, we should do the same with our teams. Be on the front lines to: See how it's done with your own eyes, not just reports They need to see you go. They'll appreciate it It helps create your self-identity The new hybrid model of in-office and at-home working... Be intentional Use technology Understand what you're not doing Don't get lazy How to deal with imposter syndrome? Ask, "What do I know?" "What's my responsibility?" "You have to fight that crisis of confidence." Excellence = Be less flexible on your basic values Be flexible with how a problem gets solved

Today we have Capt. Ryan Sweeney (@captain_ryan_sweeney) a USCG licensed boat captain out of San Diego who loves spearfishing. If you're in SD and want to hop on a boat, hit him up for fishing, spearfishing, or cruising adventures! We cover: How risk relates to spearfishing Is it risky or can we eliminate risk? Check out more from Cast & Spear: Subscribe to the Cast & Spear Podcast Check out our Weekly Fishing Newsletter Watch our YouTube videos Follow our Instagram Watch our TikTok videos Like our Facebook Page

Perfect risk estimates do not exist, so how do we balance risk and reward? Risk scholar Allison Schrager, author of the CFA Institute Research Foundation brief “Learning About Risk Management: Insights from Unconventional Risk-Takers,” provides insights on the nature of risk and uncertainty and potential reward and how to manage the trade-off. ____   ► Subscribe to our Take 15 Podcast YouTube channel    ►Transcript: https://cfainst.is/2P87gNN    ►Email us for comments, questions, or appearance requests:Take15podcast@cfainstitute.org ____   Topics discussed: 2:25 Brothel, pimp, and risk management?  5:30 More noes than yeses 7:42 The art of storytelling  9:41 Lessons learned from big wave surfing  13:16 Allison’s book, An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk 14:40 What is risk? And what is prudent or good risk management?  15:50 Retirement: What does it look like in the US right now? What worries you? And what gives you hope? 17:45 Should the idea of retirement be reimagined? [HBR link] 19:41 Why shouldn’t Americans own stocks? 22:10 What’s next on Allison’s to-do-list? 23:15 Allison’s advice on encouraging people to take on more sensible risk 24:05 Wrap-up questions o One long-term change that you hope to see as a result of the pandemic o What one item would you bring on a long space flight? o Flight vs. invisibility? ___   Related articles and links:   Learning about Risk Management: Insights from Unconventional Risk-Takers: https://www.cfainstitute.org/en/research/foundation/2020/learning-about-risk-management    An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk: https://www.amazon.com/Economist-Walks-into-Brothel-Unexpected-ebook/dp/B07FLK37HC#:~:text=Amazon.com%3A%20An%20Economist%20Walks,%3A%20Schrager%2C%20Allison%3A%20Kindle%20Store    HBR article Why Retirement Is a Flawed Concept: https://hbr.org/2016/04/why-retirement-is-a-flawed-concept    CFA Institute members and charterholders Professional Learning Tracker https://cpd.cfainstitute.org/  ____   Find Allison here: LinkedIn: https://www.linkedin.com/in/allison-schrager-4109015/ Twitter: https://twitter.com/AllisonSchrager    Find Lauren here:   LinkedIn: https://www.linkedin.com/in/lauren- foster/  Twitter: https://twitter.com/laurenfosternyc    Connect with the Research Foundation:  RF Showcase page: https://lnkd.in/e66zSKD Download and share RF content (free to all): https://lnkd.in/emhTTi5

#RiskAnalysis #RiskManagement #Economics Learn how an economist analyzes and manages risk in finance, love, retirement, and life in general in this wide-ranging discussion with first-time author Allison Schrager. Allison is a Ph.D. economist, senior fellow at the Manhattan Institute, contributing editor at City Journal, and co-founder of LifeCycle Finance Partners, LLC, a risk advisory firm. Allison diversified her career by working in finance, policy, and media. She led retirement product innovation at Dimensional Fund Advisors and consulted to international organizations, including the OECD and IMF. She has been a regular contributor to the Economist, Reuters, and Bloomberg Businessweek. Her writing has also appeared in Playboy, Wired, National Review and Foreign Affairs. She has an undergraduate degree from the University of Edinburgh and a PhD in economics from Columbia University. She lives in New York City. @AllisonSchrager https://www.allisonschrager.com/ https://www.manhattan-institute.org/expert/allison-schrager https://www.lcfpartners.com/ Support the podcast: https://www.patreon.com/drbriankeating And please join my mailing list to get resources and enter giveaways to win a FREE copy of my book (and more) http://briankeating.com/mailing_list.php

In this episode we follow up on Episode 64 regarding the difference between Risk and Uncertainty and why Rules of Thumb are good for portfolio construction in an Uncertain World.  With some help from Mad Max.  Links:Bill Bengen's  Original1994 Article About The 4% Rule:  Bengen ArticleEpisode 49 re the Bias-Variance Dilemma or Tradeoff:   RPR Podcast Episode 49Episode 7 re our Three Principles of Portfolio Construction:  RPR Podcast Episode 7

Green Hydrogen! It’s hard to do or read anything in the sustainable technology sector without hearing about Green Hydrogen at present. What part does hydrogen have to play in the clean energy and mobility transitions? I’ve been working recently with hydrogen founders and entrepreneurs and I’m really intrigued as to where and how we could or should utilise hydrogen in the decarbonisation mission we share in the sector. Having had CEOs of fuel cell and hydrogen flight companies on the podcast recently, this week we hear from a hydrogen electrolyser start up founder about her opinion and her areas of focus, as well as her journey and experience as a leading woman in the cleantech sector. About Vaitea Cowan Vaitea Cowan believes green hydrogen is the future of energy. After being named "Women Leader" in the World Bank Intern Program, and winning case competitions in University, she moved to Thailand. She met her cofounders in Chiang Mai and helped make the Phi Suea House a communication and collaboration platform for hydrogen in Southeast Asia. Shortly after, they cofounded Enapter, which scales the production of hydrogen generators. The team has grown from 11 to over 130 in 3 years. She has the clear intention of inspiring and hiring more women. She is on the Forbes Under 30 in Energy 2020 list and has won several awards for Enapter. Today, she spearheads the communications efforts from Berlin. As a Pacific Islander, her personal mission is to provide clean energy independence to Polynesia. About Enapter Enapter is an award-winning company manufacturing highly efficient, modular hydrogen generators based on Anion Exchange Membrane (AEM) electrolysis technology. Its patent-protected core technology has a 10-year proven track record and allows for the creation of unique, low-cost, and compact electrolysers. They are used in more than 30 countries, in industries like energy, mobility, telecommunications, heating and more. Enapter has offices in Italy, Germany, Thailand and Russia. Social links Vaitea Cowan on LinkedIn: https://www.linkedin.com/in/vaiteacowan/ Enapter Website: https://www.enapter.com/ Enapter on Twitter: https://twitter.com/Enapter_ Enapter on LinkedIn: https://www.linkedin.com/company/enapter/ About Hyperion Executive Search: Hyperion are a specialist executive search firm working with some of the most innovative cleantech companies in the world, helping to find extraordinary talent to enable their growth and success. Partnering with leading cleantech VCs, as well as directly with founders and entrepreneurs in the sector. With our clients we are transforming business and growing a strong and prosperous cleantech economy. If you want to grow your team, or move forward your career, visit www.hyperionsearch.com, or email info@hyperionsearch.com EPISODE LINKS Generation Hydrogen - https://www.generationhydrogen.com/ Principles: Life and Work – Ray Dalio - https://www.amazon.co.uk/gp/product/1501124021/ref=dbs_a_def_rwt_hsch_vapi_tu00_p1_i0 An Economist Walks Into A Brothel: And Other Unexpected Places to Understand Risk https://www.amazon.co.uk/gp/product/B07FLK37HC/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0 Reinventing Organizations: A Guide to Creating Organizations Inspired by the Next Stage of Human Consciousness https://www.amazon.co.uk/gp/product/B00ICS9VI4/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0 Follow us online, write a review (please) or subscribe I'm very keen to hear feedback on the podcast and my guests, and to hear your suggestions for future guests or topics. Contact via the website, or Twitter. If you do enjoy the podcast, please write a review on iTunes, or your usual podcast platform, and tell your cleantech friends about us. That would be much appreciated. Twitter https://twitter.com/Cleantechleader Facebook https://www.facebook.com/DavidHuntCleantechGuide Instagram https://www.instagram.com/davidhuntcleantech/

Is there a meaningful difference between risk and uncertainty? On the face of it, we might not think so; in casual usage, we could employ the words interchangeably. But some economists see an important distinction between the two. Early in the American experience of the pandemic, economist Allison Schrager wrote an op-ed for The Wall Street Journal called “Risk, Uncertainty and Coronavirus” (paywall). “The novel coronavirus appears at first to be a problem of risk management,” she wrote. “It is a dangerous disease that threatens the lives of our neighbors and loved ones. Our response—increased social distancing, shutting down businesses—is aimed at reducing that risk. But the problem isn’t risk so much as uncertainty.” She goes on to explain that not long after the 1918 flu pandemic, another economist, Frank Knight, made a distinction between risk and uncertainty.  Schrager picks up there: The future is unknowable, but risk is measurable. It can be estimated using data, provided similar situations have happened before. Uncertainty, on the other hand, deals with outcomes we can’t predict or never saw coming. Risk can be managed. Uncertainty makes it impossible to weigh costs and benefits, such as whether reducing the spread of a virus is worth the cost of an economic shutdown that could last several months. The most responsible course of action is to assume the worst and take the most risk-averse position. Managing uncertainty is expensive: In markets, it means holding cash; in society, it means shutting down. Strong Towns president Chuck Marohn says he’s gone back to Schrager’s Wall Street Journal piece, as well as her other writing, numerous times throughout the pandemic. That’s why it’s a special pleasure to welcome her on this week’s episode of the Strong Towns podcast. Allison Schrager is a senior fellow at the Manhattan Institute, author of the book An Economist Walks into a Brothel: And Other Places to Understand Risk, and cofounder of LifeCycle Finance Partners, LLC, a risk management firm. In this episode, Marohn and Schrager talk about that difference between risk and uncertainty, the tension between efficiency and adaptability, and whether people are geographically sorting during the pandemic based on risk preference. They discuss why meatpackers in Iowa were more prescient about the coronavirus than global finance experts in New York. And they discuss how local communities should be thinking about their own fragility. “The only insurance against uncertainty,” says Schrager, “is resilience.” Additional Shownotes “Risk, Uncertainty and Coronavirus,” by Allison Schrager (paywall) Allison Schrager at the Manhattan Institute An Economist Walks into a Brothel: And Other Places to Understand Risk, by Allison Schrager Allison Schrager (Twitter) Charles Marohn (Twitter)

In this episode we delve into the concept of risk adjusted return when investing in cannabis: - What is Risk? - How do we measure and think about risk? - What risks are specific to the Cannabis industry that investors need to watch out for? - Why is it so important to think about risk in this industry - Why valuation is one of the most important things to investors - Trulieve's PA Acquisitions - how do risk and return play into making this decision - How should investors think about potential return? - Balancing risk and return in your cannabis portfolio - Examining names like Liberty Health, Trulieve and Ianthus in terms of risk vs reward

The late, great David Bowie was not just one of the most influential musicians of the past 50 years. He was also brilliant at hedging financial risk. In her book An Economist Walks Into A Brothel: And Other Unexpected Places to Understand Risk, economist Allison Schrager explains how Bowie turned his song catalog into a bond.

These days, it feels like everyone is thinking about risk. Is it a good idea to travel by airplane? Is it OK to visit parents? Is it safe to go to a park? But if you want to truly understand risk, it might be a good idea to turn to an unlikely source… poker. That’s according to Maria Konnikova, a journalist and author of the book The Biggest Bluff: How I Learned To Pay Attention, Master Myself, and Win. In writing the book, Konnikova set out to discover what poker can teach us about psychology, probability, and, yes, risk. She certainly didn’t set out to win over $300,000 playing professional poker... but sometimes a bet really pays off.

Brian gives players an alternative serve for hitting with more power on your service game. DAILY TENNIS TIPS / EPISODE 205 1. Keep the toss short. 2. Benefits to short toss. 3. Go fast and go hard. 4. Rehearse for timing. 5. Understand Risk vs Reward. Daily Tennis Scores from the ATP, WTA and ITF Tennis Circuits on Backhand City. Join Brian's 2020 Beginner Tennis Lesson Series in Miami. Find a Tennis Partner for free by joining Backhand-City.com here.

The policies of quantitative easing and record low interest rates make it very difficult for advisers and clients to understand the risks they are taking when making an investment, according to the guests on the latest FTAdviser podcast. Bertie Dannatt, investment director at Ruffer said: “The policies that central banks have used to stimulate markets since the financial crisis have definitely pushed up the prices of bonds, shares and property as it has been a rising tide lifts all boats effect.”His fellow guest Jordan Shriharan, of Canaccord Genuity Wealth agreed, saying, “the policies have basically put an artificial floor on bond yields, and that effects the price of so many other assets.” See acast.com/privacy for privacy and opt-out information.

Ever thought about what you can learn about risk management from a brothel? As it turns out, a lot—and that's just one of many risk-management examples author Allison Schrager uses in her book "An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk."In this episode of Two-Brain Radio, Chris speaks with Allison to understand how the risk-management principles that guide other high-end service providers can apply to microgym owners.You'll also learn how to compete with big chain gyms charging $10 a month, how the commoditization of fitness training with technology could actually help your business and how to best position your offerings in the face of a recession.Links:"An Economist Walks Into a Brothel: An Other Unexpected Places to Understand Risk."Contact:Allison SchragerTimeline:1:59 – Allison’s passion for teaching risk management.3:02 – Risk management: Lessons from the pro poker world.6:31 – How to mitigate risk when opening a gym.8:12 – Don’t just take risks for risks' sake: You need a clear goal.9:26 – Defining risk.11:07 – There’s a recession looming. Should gym owners be worried?13:42 – In the face of an economic downturn, focus on high-touch services.14:39 – How Equinox got Allison hooked.17:40 – The industrial revolution and personal training.19:33 – There’s no escaping Jeremy.21:21 – On differentiating yourself in a commoditized market. 26:37 – Virtual personal training: a high-touch service at a more accessible price.28:52 – The second wave of industrialization: technology.31:43 – Eliminating the mediocre and how technology can enhance your service without replacing it.33:34 – Allison’s first trip to the brothel.36:27 – Learning negotiation and risk-management tactics at Bunny Ranch.39:34 – Balancing the personal and the technological in fitness service.

My guest today is Allison Schrager, an economist, journalist at Quartz, and co-founder of LifeCycle Finance Partners, LLC, a risk advisory firm. Allison diversified her career by working in finance, policy, and media. She led retirement product innovation at Dimensional Fund Advisors and consulted to international organizations, including the OECD and IMF. The topic is her book An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk. In this episode of Trend Following Radio we discuss: Schrager equips readers with five principles for dealing with risk, principles used by some of the world's most interesting risk takers. For instance, she interviews a professional poker player about how to stay rational when the stakes are high, a paparazzo in Manhattan about how to spot different kinds of risk, horse breeders in Kentucky about how to diversify risk and minimize losses, and a war general who led troops in Iraq about how to prepare for what we don't see coming. Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

Allison Schrager’s career as an economist and journalist seeking to understand financial risk has taken her from Nevada’s legal brothels and Kentucky stud farms to surfing conventions in Hawaii and the world of the New York paparazzi. On the latest episode of the ABA Banking Journal Podcast — sponsored by RIVIO Clearinghouse, the future of financial information interchange — the author of the recent book An Economist Walks into a Brothel and Other Unexpected Places to Understand Risk shares her unique perspective on: The importance of understanding risk-free alternatives and how that might encourage people to take appropriate risks. How bankers — whose business model is entirely about risk management — can help their customers better understand risk. Why the choices faced by top big-wave surfers perfectly illustrate systemic financial risk. How buyers of basic economy airline tickets receive a premium in exchange for reducing the airline’s risk.

Bloomberg Opinion columnist Barry Ritholtz interviews Allison Schrager, an economist, writer and co-founder of the risk advisory firm Lifecycle Finance Partners LLC. Her book "An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk" was published in April. Schrager is a reporter at Quartz and has been a regular contributor to The Economist, Reuters and Bloomberg Businessweek. She has a Ph.D. in economics from Columbia University. 

Economist Allison Schrager joins City Journal editor Brian Anderson to discuss her new book, An Economist Walks Into A Brothel: And Other Unexpected Places to Understand Risk. Risk is a universal fact of life, but some of us manage more of it than others. Schrager examined how a broad cross section of people handle it: horse breeders in Kentucky, members of an elite tank unit during the Gulf War, paparazzi who stalk celebrities, prostitutes in Nevada brothels. She lays out five principles for dealing with risk and explains how financial tools can help guide people through uncertainty.

If you want to learn something better and faster, there is a little trick that seems to work. We begin this episode by revealing some research from John Hopkins School of Medicine that says a slight change in the way you learn any new skill can make all the difference in the world. https://www.hopkinsmedicine.org/news/media/releases/want_to_learn_a_new_skill_faster_change_up_your_practice_sessionsNothing is more American than the hamburger. We eat a lot of them. So where did the hamburger originate? Who came up with the idea? How has it evolved over the years? Award-winning writer Chris Carosa, author of the book Hamburger Dreams:How Classic Crime Solving Techniques Helped Crack the Case of America’s Greatest Culinary (https://amzn.to/2Hevorp) did some good old fashioned detective work to uncover the real story of the hamburger. He joins me to discuss what he found. Your life is full of risks. Almost everything you do has some risk in it- from what you buy in the store to investments to simply driving down the street. Alison Schrager, an economist and journalist joins me to help us all understand how risks work and offers advice on how we can handle risk better. Alison is the author of the book An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk (https://amzn.to/2VUkjDZ).It seems most people are put off by the sound of someone slurping their food. Yet people do it and in some cultures it is considered quite normal. So why do people do it? Does it serve a purpose that only people who slurp know about? Listen to find out. https://www.rd.com/advice/relationships/annoying-eating-habits/This Week's Sponsors-Capterra. To discover the best software for your business - for free - go to www.Capterra.com/something-Linzess. For information about your IBSC symptoms go to www.ohmygut.info/podcast. -Capital One. What's in your wallet? www.CapitalOne.com

Show from 4/26/19In this episode our hosts Jeremy Schwartz and Liqian Ren start off the show talking to the Executive Vice President and Director of Equity Strategies at Cumberland Advisors about European markets, sector investing, South Africa, market momentum, and much more. Then they bring on economist and author of the new book "An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk." She gets into retirement, managing risk, and trading bonds.Guests:Matt McAleer- Executive Vice President and Director of Equity Strategies at Cumberland Advisors.Follow Cumberland Advisors on Twitter: @CumberlandADVAllison Schrager - An economist who is co-founder of the risk advisory firm LifeCycle Finance Partners, LLC and a journalist at Quartz. She’s also the author of a great new book called AN ECONOMIST WALKS INTO A BROTHEL: And Other Unexpected Places to Understand Risk.Follow Allison on Twitter: @AllisonSchragerMore on Allison & her book here: https://www.allisonschrager.com/ See acast.com/privacy for privacy and opt-out information.

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can’t opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can’t opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can’t opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can’t opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices

Whether you are a commuter weighing options of taking the bus vs walking to get you to work on time or a military general leading troops into war, risk is something we deal with every day. Even the most cautious of us can’t opt out—the question is always which risks to take to maximize our results. But how do we know which path is correct? Enter Allison Schrager. Schrager is not a typical economist. Like others, she has spent her career assessing risk, but instead of crunching numbers or sitting at a desk, she chose to venture out. Now, she travels to unexpected places to uncover how financial principles can be used to navigate hazards and prevent danger. In her new book An Economist Walks Into A Brothel And Other Unexpected Places to Understand Risk (Portfolio, 2019), Schrager puts together a five-pronged approach for understanding and assessing risk. First, she helps define what risk and reward mean for individuals. Then, taking into account irrationality and uncertainty, Schrager helps readers master their domains and ultimately get the biggest bang for what she calls the “risk buck.” While there are certain factors that cannot be predicted, An Economist Walks Into A Brothelmarries financial economics with real life examples to provide a road map, offer concrete advice, and maximize payoff. Learn more about your ad choices. Visit megaphone.fm/adchoices

A federal judge orders Elon Musk and the SEC to put on their “reasonableness pants." Tradeweb pops on its IPO. Amazon’s ad business gains on Google. And Burger King introduces an Impossible Whopper. Analysts Andy Cross and Jason Moser discuss these stories and weigh in on the latest from Constellation Brands, Disney, and Teladoc. Plus, Allison Schrager shares some insights from her book, An Economist Walks Into A Brothel: And Other Unexpected Places to Understand Risk.  Thanks to Grammarly for supporting The Motley Fool. For 20% off a Grammarly premium account, go to http://www.Grammarly.com/Fool.

What if there were a better way for us to think through life’s riskiest decisions? That’s where Allison Schrager comes in. She’s the author of the book, An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk. An economist, journalist at Quartz, and cofounder of LifeCycle Finance Partners, she led retirement product innovation at Dimensional Fund Advisors and consulted for international organizations, including the OECD and the IMF. Allison has also been a regular contributor to The Economist and Bloomberg BusinessWeek, and she teaches at New York University. For her book, Alison spent time with high-risk professionals, like big-wave surfers, movie producers, and sex workers. She learned how they manage risk and shares what we can learn from them. Along the way, she learned some surprising things about herself, like what it felt like to play in her first poker tournament: “We start at 8:00, and it’s like midnight, and I’m like ‘When does this game end?’ And people are like ‘When you run out of chips.’ And I’m like, oh my god, I’m going to be here forever.” When it comes to risk, Allison believes we can learn to overcome our biases and manage risk effectively. She explains, “There’s been so many books [on the topic] …but they always write everyone off as being sort of hopeless when it comes to risk or thinking probabilistically, and I really believe everyone has it in them.” You can learn more about Curious Minds Host and Creator, Gayle Allen @CuriousGayle and www.gayleallen.net. Episode Links Moonlite BunnyRanch and Dennis Hof Kat Cole and Focus Brands Film producer, Ryan Kavanaugh Idiosyncratic risk versus systematic risk Top poker player, Phil Hellmuth, and poker staking How Luck Happens by Janice Kaplan and Barnaby Marsh Gerd Gigerenzer Arnold Donald and IoT and AI with Carnival cruises David Bowie Magician Belinda Sinclair Robert C. Merton Big Wave Risk Assessment Group H. R. McMaster Simple Ways to Support the Podcast If you enjoy the podcast, there are three simple ways you can support our work. First, subscribe so you’ll never miss an episode. Second, tell a friend or family member. You’ll always have someone to talk to about the interview. Third, rate and review the podcast wherever you subscribe. You’ll be helping listeners find their next podcast. A Short List of Places Where You Can Find Curious Minds Spotify iTunes Tunein Stitcher Google Play Overcast

In this edition, we talk more about your risk profile! Most don’t know how much risk is in their current portfolios or how much risk they should be taking, so we give you some of the most important considerations. We also discuss why you might want to move an inherited IRA away from a sales-based company, the different considerations for investing some additional cash or putting it towards a mortgage, and we get into the performance of bond funds over the past year. The different variables that determine what kind of risk you should take. Why you should not pay too much attention to what studies say. What to do with an inherited IRA. Avoiding those who claim to know what the future will bring. The factors to consider when paying down a mortgage or investing some extra cash. Comparing CDs and intermediate bond funds. Talking Real Money Twitter — https://twitter.com/talkrealmoney Financial Fysics on Amazon – https://www.amazon.com/Financial-Fysics-Money-Investing-Really/dp/1453898557 Vestory — https://vestory.com/ CNBC — https://www.cnbc.com/world/?region=world Edward Jones — https://www.edwardjones.com/index.html Vanguard — www.vanguard.com/ George Shultz — https://www.britannica.com/biography/George-P-Shultz Henry Kissinger — https://www.henryakissinger.com/ Elizabeth Holmes on Twitter — https://twitter.com/eholmes2003 Dimensional Fund Advisors — https://us.dimensional.com/

Safety Podcast, Safety Program, Safety Storytelling, Investigations, Human Performance, Safety Differently, Operational Excellence, Resilience Engineering, Safety and Resilience Incentives We don't want workers who shy away from risk. We want workers who are good at manageing risk safey. This podcast discusses how we must attract and maintain workers who know how to manage risk - well.  Listen closely to this discussion... see what you think. Thanks for listening to the podcast.  You make the show go.  I appreciate your support...Tell your friends and keep listening.