The Turkey Fallacy
Submitted by AtwoB (Point B Planning, LLC) on November 25th, 2017
As we arrive at Thanksgiving Day, we hope everybody has something or someone that they’re incredibly thankful for. While we give thanks, however, we can’t lose sight of the fact that investing is an exercise in managing risk - and this long period of market calm brings to mind an anecdote about risk from one of our favorite books, The Black Swan, by Nassim Taleb.