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Sunday, May 07, 2006

Book Highlight: Seeing Tomorrow

Seeing Tomorrow: Rewriting the Rules of Risk (Hardcover)
by Ron S. Dembo, Andrew Freeman

A good read for investment beginners or Pros. Looks at risk in an all encompassing way with consideration for probabilty of Reward, Loss, AND Regret.

The concept of regret is especially interested in validating why we make the decisions that we do.

The next time you consider a stock look at the whole choice of scenarios before jumping on board and always consider your regret in all scenarios.

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