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"Risk" means precise mathematical assessment of probability.
But less risk means generally means less reward.
"High risk means that it is deemed to have elements of criticality," Wheatley says.
That risk means no immediate prospect of the Bank raising interest rates.
"You have to help people visualize what the risk means," Mr. Jacobs said.
Be wary, though, of under-pitching: insufficient risk means audiences won't invest in the characters.
Risk means the anticipation of catastrophe, not just in a specific place but everywhere.
"The volatility imposes risk on a business, and risk means cost," he said.
The greater dispersion of risk means nobody knows where it is.
LESS RISK It may seem obvious, but low risk means lower return.
He seems to suggest that the mere existence of tail risk means we should not even bother.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com