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Even the Odds - Sensible Risk-Taking in Business, Investing, and Life (Hardcover)
Loot Price: R955
Discovery Miles 9 550
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Even the Odds - Sensible Risk-Taking in Business, Investing, and Life (Hardcover)
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In Even the Odds, Karen Firestone explains how risk assessment
plays a prominent role in all aspects of life. We may all define
risk, and our tolerance for it, somewhat differently, but we might
all agree it plays a pivotal role in guiding us toward an optimal
outcome. As a long-time investment advisor, Firestone has grown
accustomed to interpreting risk on a daily basis. She has developed
four core tenets of risk-taking we can all apply to anticipating,
evaluating, and responding to the risks we face in our business,
investing, and personal lives. These tenets are right-sizing;
right-timing; relying on skill, knowledge, and experience; and
staying skeptical about numbers, promises, and forecasts.
Firestone's approach is both practical and accessible to
individuals who are making important decisions, such as embarking
on new career or life changes, starting or running an enterprise,
making a sizable investment, or deciding how to balance across a
full portfolio of assets. The book is rich with anecdotes and
examples of how many prominent leaders in their fields encountered
and dealt with risk along the way. Firestone also shares her own
successes and failures, in particular when she decided to risk it
all--a fabulous career managing billions of dollars at a premium
investment company, her reputation, and the security at home that
comes with a strong and stable job--to go out on her own. Even the
Odds helps us understand the broader implications of risk--and how
it guides our decision-making--so that we can improve outcomes
across multiple facets of our lives, from our businesses and
investments, to the personal choices we make.
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