Glenn Stovall's Public Notebook

Risk of Ruin

"You can be risk loving and yet completely averse to ruin."

Nassim Taleb

Risk brings reward, but the risk of ruin should be avoided. Don't play with money you can't lose.

To get around this, I think of my own money as barbelled. I take risks with one portion and am terrified with the other. Don't bet in aggressive strategies what you can't afford to lose.