Tag: risk
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SHOULD I BUY OR LEASE A TESLA? PART 4: It all comes down to your apetities towards risk
Having used multiple spreadsheets to illustrate the dollars and cents around the leasing vs buying option, let me conclude. It depends on how you view uncertainty. As I said earlier, one big advantage of leasing is its clarity and certainty. You know how much you are going to pay, and that is how much it…
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Chance of Nothing Happening? The Power of Joint Probabilities
Yesterday, as I was reading a book about Blackstone, the famed asset management company, something caught my attention. It was about how one of its executives describing evaluating risks in a potential deal: ” You say there’s a chance there’s a major terrorism event blowing up an airline, but that happens once in twenty years,…