An Economist Walks into a Brothel
And Other Unexpected Places to Understand Risk
by:
Allison Schrager
in:
Economics
Summary:
The book explores the concept of risk management through a series of unconventional case studies, including sex work, horse breeding, and Hollywood. It delves into how various professionals in these fields assess and mitigate risks, offering insights that can be applied to financial markets and personal decision-making.
Key points:
1. Risk Management: The book stresses the need to understand and manage risk in all life areas, using examples from unexpected places like brothels and horse farms.
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