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risk management involves identifying assessing and prioritizing risks as part of a strategy to mitigate the impact of Adverse Events what does it mean to you risk management yeah protect your downside I mean basically but risk RIT large that four-letter word is so important in our lives but especially in our financial lives right we don't get taught risk in high school we don't get taught risk in college it's something we have to learn when you get into the capital markets and you start to invest and allocate your money you have to be thinking about your downside and that causes a fundamental question to be asked of yourself how much of a loss are you willing to tape what is your Tapout number is it 10% 20% 30% and then building your portfolio around that I am risk averse I had a lot of financial trauma growing up and I hate to lose five times more than I like to win so I like to protect myself with a lot of risk balance Assets in my portfolio and for investors

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