Seven Reasons You’re Not Taking Enough Risk with Allison Schrager
On this episode of Talking Wealth, Josh Brown is joined by economist and author Allison Schrager to discuss her new book Worth the Risk and why Americans have become more risk-averse even as the world has become safer and more economically abundant. They break down why the things that feel safest—like holding cash and avoiding the stock market—can create risks of their own, how excessive caution can contribute to wealth inequality, and why technology, parenting, and the media have changed the way we think about uncertainty. Plus, why people may be avoiding risk in their careers while embracing it through options, leveraged ETFs, sports betting, and prediction markets, the role financial advisors have played in getting investors back into stocks, and why owning financial assets may be becoming essential to maintaining a middle-class lifestyle.
This episode is sponsored by RBC Clearing & Custody. To find out more visit https://www.rbcclearingandcustody.com/
Get Allison's new book here:
https://allisonschrager.com/#books
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