BOS up 580%, but how do we manage risk?
Bostoncoin update Sept-Oct 2021 What is risk and how do we manage it? The fine-print on financial documents says “all investment involves risk”, but what exactly does that mean? Is it just the risk that your investment may go down? Are there different types of risk, and which ones do I need to know? One of my favourite analogies for risk is a question, posed by a fund manager at a financial planning conference. He asked, “Two skydivers jump out of a plane. Person A is wearing