Business, Finance & Investments
"Impossible" Events Do Happen -- And Often Destroy Negligent Investors
In fact, hearing his harsh-sounding, yet compassionate upbraiding of a caller, Faisal, may be the most important and honest investment advice you'll ever receive in your life.
Released Monday, March 31, 2008
Enron, 9/11 and Bear Stearns were more than unexpected -- they were never supposed to happen, just like the discovery of "nonexistent" black swans. The reality, however, is that "impossible" events are always happening. So where your wealth and risk management is concerned, you must NOT be lazy, overconfident or foolish.
Daniel Frishberg, BizRadio's MoneyMan, reveals how these unpredictable black swan events can negatively affect your assets, your lifestyle and your family. In fact, hearing his harsh-sounding, yet compassionate upbraiding of a caller, Faisal, may be the most important and honest investment advice you'll ever receive in your life. What you perceive as solid research and good investing ideas may be no more than a coin flip based on "what always worked before," or worse, some lackey's useless opinion. Turn off your cell phone, close the door, and take five minutes to listen to your friendly MoneyMan as he tries to politely shake up a foolish caller (and you?) out of losing big-time in your own self-induced black swan event. Only on BizRadio and Industrialinfo.com Radio.
Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
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