Morgen Rochard, CFA Profile picture
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Jun 12 8 tweets 1 min read
Let’s be honest:
The average person doesn’t think about “risk tolerance.”
They think about one thing:

“Will I run out of money?”

👇 (1/8) Risk isn’t volatility.
It’s not drawdowns.
It’s not standard deviation.

It’s checking your bank account and realizing:
“This won’t last as long as I need it.”