(Subscribers Only: Part 3 of 4)
Today we are going to be covering Part 3 of this now 4 Part series (will explain shortly) surrounding the topic of risk. If you missed Part 1 and Part 2, then feel free to read that using the link provided. In Part 1 we discussed the concept of risk, as well as introducing the idea of risk management and in Part 2 we discussed the nature of risk tolerance:
• Part 1: Risk Management
• Part 2: Risk Tolerance
Today, we are going to be discussing the concept of risk identification. We will be seeking to understand how we can identify the risks that we are exposed both as companies, and as individuals.
Just before we begin, I have decided to include one more part to this discussion. This fourth, and last part, will cover risk measurement. I felt adding this to Part 3 would make for a newsletter that is of an unappealing length to read.
So we have partially set the groundwork for a greater understanding of risk in parts 1 and 2. These last articles largely cov…