Second in our series of a conversation with Dr. Eric Denna, covering Dr. Denna’s early career, and how taking a risk can result in dramatic outcomes.
Taking risks is part of life. And risk measurement is often closely associated with financial management processes. Both involved quantifying activities, one a potential result, and other other typically a historical result.
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But risks are just to be avoided; risks are to be considered, evaluated, measured, and contrasted against the potential rewards. In doing that, as Eric noted in this video, common sense is a great tool.
This is Episode 201 of Conversations with Kip, the best financial system vlog there is. The full interview can be viewed here. Literally learn more–about ledgers and financial systems–at FinancialSystemsEducation.com.
Watch all episodes in order at the Conversation with Kip Playlist.