← Maetis Principles
Maetis Principles · Card 8
Risk is Managed, Not Avoided
Avoiding risk is still a risk.It's just a quieter one.
- Avoiding risk
- Managing risk
- Hands money to inflation
- Prepares for it
Fear is not a strategy. Preparation creates confidence.
Fear is not a strategy. Preparation creates confidence.
In Practice
Refusing to ever touch equities to avoid all risk quietly hands your money over to a different risk: inflation, eating it slowly, unmanaged.
Generic Example
Refusing to ever drive to avoid an accident doesn't make you safe; it just trades one risk for another: never getting anywhere.
Ask yourself
Am I actually avoiding risk here, or just trading a visible one for a quieter one?