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Risk tolerance varies among individuals from "summary" of A Random Walk Down Wall Street by Burton Gordon Malkiel

Different people have different attitudes towards risk. Some individuals are more willing to take on risk in exchange for the possibility of higher returns. They may feel comfortable with the idea of investing in volatile assets like stocks or cryptocurrencies, knowing that they could potentially earn significant profits. On the other hand, some people are more risk-averse. They prefer to prioritize the preservation of their capital over the possibility of higher returns. These individuals may choose to invest in safer assets like bonds or certificates of deposit, even if it means potential...
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    A Random Walk Down Wall Street

    Burton Gordon Malkiel

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