Sa For Fas

The Collaborative Fund’s Morgan Housel, on his blogpost yesterday, called “Risk is what you don’t see,” tells the story of the punch Houdini didn’t see coming. This podcast (3:46) notes a parallel between the Houdini story and the famous inattentional blindness experiment, in which about 50% of viewers fail to see a gorilla sauntering into the middle of a basketball game. Housel’s point is the risk that matters is the one you don’t see; mine is the only way to defend against such risk is to have a system in place that maintains portfolio stability.Learn more about your ad choices. Visit megaphone.fm/adchoices