Occupation: Economist Birth: January 22, 1919 Death: June 5, 2009
The prospect of getting rich is highly motivating, and few people get rich without taking a gamble..
The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have abso….
What if I am wrong? Any rational investment plan has to start with that question..
The word 'risk' derives from the early Italian risicare, which means 'to dare'. In this sense, risk is a choice rather than a fate. The actions we da….
The revolutionary idea that defines the boundary between modern times and the past is the mastery of risk: the notion that the future is more than a ….
As the worldly philosophers of the past affirmed, the goal of economics is to improve the way society functions. In The New Financial Order, Robert S….
Gambling has held human beings in thrall for millennia. It has been engaged in everywhere, from the dregs of society to the most respectable circles..
The Gods are unkind and deny us knowledge of what the future holds.