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Turnout Tuesday: Getting Risk Right

Date: Tuesday, October 10 · 8:30 PM - 9:45 PM EDT
Location: Online

Getting Risk Right

Cy Lynch is our special guest as he summarizes his discussions about the real meaning of risk … and the effects that misunderstandings have on academia, investors and financial professionals.

Most investors seeking maximum return while minimizing risk. Unfortunately, “risk” is usually equated with volatility. For long-term investors, volatility presents opportunity. Join us as we debunk the volatility is the same as risk myth, see how treating them the same makes it harder to reach your goals and consider alternative definitions of risk.

This session is co-sponsored by the Mid-Michigan chapter of the National Association of Investors — Better Investing.

Related References

  • Do Most Investors Look At Risk Wrong? (James Cloonan, AAII)
  • Snakes In Our Portfolios! (Expected Returns, September 2006)

Future Topics

We are discussing a number of topics with presenters and are open to suggestions from all of you. As an example, we’re hoping that Hugh McManus will develop some thoughts about lessons learned and we’re considering a few sessions that explore and learn from investing legends. We’ll also present the “chapters” of the user’s guide as we issue the revised version of that resource. Clubs have expressed an interest in rekindling “Dashboard Diagnostics” and we’ll be building those sessions again soon.

What’s on your mind? What would you like to see?

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Legend
Quality Legend:
Blue Excellent with quality greater than 80.
Green Good with quality between 60 and 80.
Neutral Average or below average with quality between 20 and 60.
Red Poor with quality less than 20.
Companies with less than 10 years of history are penalized by 5 points per year.
PAR Legend:
Green PAR is within the target range of MIPAR +5-10%, currently 5.1%-10.1%
Yellow PAR is above the target range of MIPAR +10%, currently 10.1%
PAR Projected Annual Return
MIPAR The Manifest Investing Median PAR of all stocks in the database.
Company Name Legend:
* Not covered by Value Line Standard Edition.
b Uses price-to-book value for valuation purposes.
P/CF Uses price-to-cash flow for valuation.