In the current market environment of hair-trigger panic, it seems that many retail traders are "managing risk" simply by keeping an iron grip on their investing dollars. However, in my May 10 guest column for Barron's, I discussed another kind of risk altogether -- namely, the risk you take by using low-return strategies to play high-conviction trading ideas.
To read the article in its entirety -- and to find out how horse-racing wisdom can translate to Wall Street -- click here.
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