The Finance Professor: Understanding Risk

My father-in-law's late business partner always said, "The world is in the hands of the risk takers."

Risk, like volatility, is another one of those investment terms that tend to get thrown around very loosely.

Personally, I believe that risk, like beauty, is in the eyes of the beholder. In this edition of "The Finance Professor," I will explain several basic forms of risk to help prepare you for the next lesson, which will cover how you can manage risk.

What Is Risk? ...