Plenty of people think they can beat the market. They pick high growth stocks or value stocks, they watch their portfolios carefully, and they think they'll do well. But if they don't know about risk management, they could experience failure. Basic concepts of risk management are useful to the individual investor or the small business owner. In this book, we might not go into the advanced details of how to calculate the Black-Scholes formula or run a global banking RM function, but we'll show you how thinking about risk in an educated way can transform your investment and business prospects.
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