THE DAMAGING EFFECT OF LOSSES
THE DAMAGING EFFECT OF LOSSES: RISK MANAGEMENT Let's return to finance. You may have heard about Warren Buffett's rules for investing: "Rule number one is never lose money. Rule number two is never forget rule number one."
— from The Flight Plan (Purpose/Wisdom/Risk) · Practical Uncertainty: Useful Ideas in Decision-Making, Risk, Randomness, and AI by Hossei
Also belongs to
- True North (Ethics, Integrity, Truth, Values)
- Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)