Informações:

Sinopsis

David Booth—the Executive Chairman and Co-Founder of Dimensional Fund Advisors—recently wrote an article entitled “Uncertainty is Underrated.” In this episode of Best in Wealth, I will read this intriguing article and share why I agree that—while it sounds scary—uncertainty has a positive impact on our lives. [bctt tweet="Uncertainty is underrated. I share why the impact of uncertainty is positive in this episode of Best in Wealth. #wealth #investing #WealthManagement" username=""] Outline of This Episode [1:23] The blue cruise function on my F150 [3:11] David Booth’s article on uncertainty [10:36] Life is one cost-benefit analysis after another [13:22] How to manage risk: What to do (and not do) [19:31] Why you need to know the basics about uncertainty Uncertainty is why we see stock market returns Without uncertainty, there would be no 10% annualized return on the stock market. How? According to David, “If there was no uncertainty, returns would be predictable and there would be no difference