risk management

Risk is defined as the sta­tis­ti­cal prob­a­bil­i­ty of a neg­a­tive event occur­ring. When you walk across the street, there is a sta­tis­ti­cal risk that you may be hit by a car. Whether you are aware of the risk or not is irrel­e­vant. The math still applies. Whether you believe the risk is real is not […]