{"id":107,"date":"2015-02-27T06:50:50","date_gmt":"2015-02-27T11:50:50","guid":{"rendered":"http:\/\/rixtrema.com\/blog\/?p=107"},"modified":"2019-11-15T13:21:00","modified_gmt":"2019-11-15T18:21:00","slug":"why-risk-management-isnt-like-silly-car-shopping","status":"publish","type":"post","link":"https:\/\/rixtrema.com\/blog\/why-risk-management-isnt-like-silly-car-shopping\/","title":{"rendered":"Why Risk Management Isn’t Like Silly Car Shopping"},"content":{"rendered":"

This article by RiXtrema President appeared on ThinkAdvisor.com<\/a><\/p>\n

I like to use car shopping as an analogy to the investing process. <\/span>Let\u2019s imagine what it would it be like to buy a car with a view only to targeting our tolerance for risk and forgetting why we are tolerating risk.<\/p>\n

Car Shopper:\u00a0 \u201cI am considering these two cars, can you explain to me the difference between them?<\/p>\n

Car Salesperson:\u00a0 \u201cSure thing. The one on the left will give you a whiplash when hit from behind and the airbag will break your nose. The one on the right will actually break a number of bones, including a collar bone and will possibly give you back pain for a good long while. Now, which risks are you ready to tolerate?<\/p>\n

Car Shopper:\u00a0 \u201cI\u2019ll take the broken nose please\u2026\u201d<\/p>\n

Click Here To Read The Full Article On ThinkAdvisor.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This article by RiXtrema President appeared on ThinkAdvisor.com I like to use car shopping as an analogy to the investing process. Let\u2019s imagine what it would it be like to buy a car with a view only to targeting our tolerance for risk and forgetting why we are tolerating risk. Car Shopper:\u00a0 \u201cI am considering… <\/p>\n

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