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| How Can a Fiduciary Define Risk in a Way That Is Measurable, Meaningful, and Relevant? Fiduciary News; free registration required  [Opinion] Aug. 10, 2021 "The easiest route to take is to simply stick to the old way of doing things. While not precise, the use of statistics and past performance really isn't that far off.... The trick here, however, is to not rely on this technique too much. What's more, you can never imply past performance guarantees future results. That's why another simple method also proves popular (and it's far easier to understand). In this process, you simply ask yourself how much you can afford to lose." |
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