Category: Playing with Words
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Absolute Return vs. Relative Return
Absolute: viewed or existing independently and not in relation to other things; not relative or comparative. Relative: considered in relation or in proportion to something else. Return: to go or come back, as to a… Read More
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The Holiday Party: Mindset of the Active Risk Manager
I keep hearing of symptoms of this awful virus going around. I’ll spare you of the details, but it involves both ends around the porcelain bowl. We’ve all been there, done that, and probably consider… Read More
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Asymmetrical Risk Definition and Symmetry: Do you Really Want Balance?
Asymmetric is imbalance, uneven, or not the same on both sides. Risk is the possibility of losing something of value, or a bad outcome. The risk is the chance or potential for a loss, not… Read More
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Academic: not of practical relevance; of only theoretical interest.
Professors at colleges and universities are often called “Academics”. Much of their job is to write and publish “academic research papers”. It is no wonder you can find such a paper on most any topic.… Read More