The Most Misunderstood Line in Investing: “High Risk, High Return”
The longer one works in finance, the less one dares to speak too absolutely.
The column is not mainly about which investment instrument may generate higher returns. It asks a more fundamental question before every decision: if I am wrong, how do I lose?
The Academy believes the core of wealth education is not to encourage risk-taking, but to help people understand risk, uncertainty and judgement in complex markets.
