Investing in the Unknown and Unknowable

by Richard J. Zeckhauser

Genres: Finance

Unknown Binding

First published January 1, 2006

Reviews

[Eswar · Rating 5 out of 5]

Illuminating and Entertaining read that reframes the quantum of risk/return profiling. The size and type of deals that investors can approach depend on the scope they promise their own investors. Being able to invest in any asset class and geography may still be a structural advantage, as long as you have at least as best information as anyone else can obtain - then, if others shirk, you can take the whole pie.