Dr. Rick Bookstaber - How the Psychology of Risk Shapes Our Choices

Tune in to hear: - How does Dr. Bookstaber think about and define risk in the most practical terms possible? - Does the way people like us talk about risk differ in an overly academic way from how people in the street think about it? - Which of the sort of commonly discussed current risks seem legitimate to Dr. Bookstaber and which might loom larger in peoples’ minds than they should? - Why aren’t geopolitical conflicts  more catastrophic to the market than they are with how intertwined the global economy is? - How should we think about a world where you have to take risks to keep up with inflation but where asset prices seem stretched by some measures? - Do we now live in a world that’s high-risk in theory but where governments and regulatory bodies keep the scales from tipping too far in a catastrophic direction? Were the FEDs actions during Covid-19 a singular response for a singular time in history? - How can we be skilled risk managers when we have an asymmetry in the way we weight pessimistic vs. optimistic outcomes? https://fabricrisk.com https://www.amazon.com/End-Theory-Financial-Economics-Interaction/dp/0691169012 Compliance Code: 0570-OAS-4/5/2022