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15 Cards in this Set
- Front
- Back
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What is the name of the risk at the top of the scale, 10? |
A Ponzi scheme |
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What is the most and common method of financial risk? |
Excessive debt |
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What is the main reason that debt causes? |
It speeds up time |
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When times are bad, who will suffer? |
The corporation that has too much debt. |
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What type of companies should we not invest in? |
Leveraged companies |
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Where can we find warren buffet's determination of risk and investment strategy? |
Berkshire Hathaway letters to shareholders |
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What is the difference between a note and a bond? |
The duration of a loan |
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Bonds with duration of 10 years or shorter are called? |
Notes |
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Bonds with duration of 10 years or shorter are called? |
Notes |
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How many main type of risks are there? |
Three |
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What is the first type of risk? |
Debt |
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What is the 2nd type of risk? |
Overpaying for an investment |
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What is the 2nd type of risk? |
Overpaying for an investment |
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What is the 3rd type of risk? |
Not knowing what you are doing |
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What is a float? |
Firm's available balance - book value |
