Tuesday, June 10, 2014

The Biology of Risk

This Sunday Times column got a lot of attention by revealing why investment advisers can't truly measure their clients' risk tolerance … and why the Fed might do Wall Street a favor by becoming less transparent.


Jim Gust said...

I don't recall anyone saying Alan Greenspan was transparent.

JLM said...

He wasn't. Greenspan's policies may have been questionable, but his inscrutability was apparently spot on.