I often refer to the importance of risk management in the investment world. This great read from Watson Wyatt goes in-depth on risk and the history of risk. This is a great stepping stone for investors who are still trying to understand the importance of risk management.
Thanks to Paul Kedrosky for the link.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.