#53 | The Law of Large Numbers

[et_pb_section bb_built="1" _builder_version="3.0.90" custom_padding="0px|20px|15px|20px"][et_pb_row custom_padding="15px|0px|27px|0px" _builder_version="3.0.47" background_size="initial" background_position="top_left" background_repeat="repeat"][et_pb_column type="4_4"][et_pb_text _builder_version="3.0.100" background_size="initial" background_position="top_left" background_repeat="repeat" background_layout="light"] Risk is typically defined by the frequency and magnitude of loss. Equities are theoretically riskier than bonds because equity holders are hit first with losses, so both the frequency and magnitude of losses are higher in equities than bonds. Cash […]