The Risk-Wise Investor by Carpenter, Michael T. -- Read -- Imperial Library of Trantor

Index

Praise Title Page Copyright Page Dedication Preface

User-Friendly Risk Management What Is a “Risk-Wise” Investor?

Acknowledgements CHAPTER 1 - The Increasing Importance of “Risk-Wise” Investing

The Holy Grail? The Game Has Shifted The New Way to Gain Mastery Release Your Own Natural, Everyday Risk Management Power

CHAPTER 2 - Introduction to the “Risk-Wise” Risk Management Process

CHAPTER 3 - The Evolving History of Risk and Risk Management

Historical Highlights Part 1: The Ancient Past (Pre-600 B.C.) Early History (600 B.C.-A.D. 500) The Middle Ages (A.D. 500-A.D. 1500) Part 2: The Renaissance Part 3: Entry into the Modern Age and Up to the Present Observations from the History of Risk and Risk Management

CHAPTER 4 - “Risk”—What Is It, and How Does It Work?

Your Definition of Risk Is Crucial The Many Meanings of Risk An Empowering Definition of Risk Understanding the True Nature of Risk

CHAPTER 5 - Which “School” of Risk Management Is Best?

What Is Risk Management? The Big Question Quantitative versus Subjective Trust the Numbers? Trust Your Gut? Two Is Often Better than One

CHAPTER 6 - How Your Body Can Work Against You

Both Beast and Human Model T Biology in the Internet Age Understand the Enemy Within Get to Know Your Second Brain Applying This Knowledge

CHAPTER 7 - Understanding the Risk Perception/Reality Gap

How We Perceive Risks Fluctuating Perceptions Upside-Down Perceptions Outrage and Risk Final Thoughts

CHAPTER 8 - Avoiding Common Pitfalls of Decision Making Under Uncertainty

Decision-Making Patterns and Biases A Lesson about Ourselves Pattern Finding in Randomness Luck, Smarts, or Both Following the Herd The Greater Fool Trees Growing to the Sky Common Hidden Traps Guarding Against Decision-Making Traps

CHAPTER 9 - The Advantages of Managing Risk Categories

Managing Specific Portfolio Risks Making the Job Easier Risks You Can Avoid Completely Internal Risks You Can Avoid Risks You Can’t Avoid But Can Manage Risks You Can’t Avoid and Can’t Control Risks and Rewards You Knowingly Seek and Can Control A Closer Look at Crisis Events Simple Is Better

CHAPTER 10 - Understanding and Prioritizing Risks

The “Risk-Wise” Personal Risk Assessment Understanding Risks Prioritizing Risks Special New Risk Management Priority Category Instability Is the Norm

CHAPTER 11 - The “Risk-Wise” Risk Management Planning Process

CHAPTER 12 - Models of Outstanding Risk Management

Real-World Risk Management Examples Lessons from Everyday Risk Managers Commercial Aviation The Armed Services Fire and Law Enforcement Services Common Lessons Learned From Outstanding Risk Managers

CHAPTER 13 - The Value of Knowledgeable and Trusted Financial Advice

Professional Financial Advice Basic Financial Plan Elements Financial Advisor Services Types of Financial Advisors Professional Designations Financial Advice Pricing Finding Your Financial Advisor Red Flags Knowledgeable and Trusted Advice

CHAPTER 14 - Navigating Crisis Events and Bear Markets

Crisis Events The Unique Nature of Financial Crises What to Do When You’re Uncertain? Crisis Summary Bear Market Profile Turn Lemons into Lemonade

Summary and Afterthoughts Notes Bibliography Additional Information for Readers About the Author Index