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 LedgerLearning.com.
Watch all episodes in order at the Conversation with Kip Playlist.