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Dollarlogic by Andy Martin

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 ~ FOREWORD ~ 

Risk equals reward. Well, maybe not. Andy Martin makes compelling arguments here that could change your mind.

The good news is that if you agree, you may be on your way to less volatility, less disruption from your monthly routine of opening your brokerage statements, but more restful sleep. However, his lower-your-risk strategy is not a call to surrender but a call to measure risk by probable outcomes instead of by infrequent negative events, which is how risk is usually defined. Therefore, if you increase your chances of reaching your investment goals, you are reducing your risk—even if this means owning more stocks. I’ll bet you have never thought of risk this way.

Andy quotes approvingly Shelby Davis, who said, “You make most ...

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