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ETO - My Income Portfolio - Financial Markets And Icefalls
Eaton Vance Tax-Advantage Global Dividend Opp
According to a well-known English finance professor, Elroy Dimson, “risk means more things can happen than will happen.”.
Uncertainty does not allow us to predict in advance the probabilities of an event, nor the potential results associated with it.
In financial markets, risk and uncertainty make the difference between the expected returns and those actually achieved.
When I created my Cupolone Income Portfolio, I accepted the idea of buying “risky” securities, that is, securities to which more things could happen than actually will.