Listen "Super Bowl LVIII and Risk Management"
Episode Synopsis
Does it sound familiar to assume everything will go as planned, only to find yourself in a risky situation without a safety net? The pain of not preparing for potential risks can lead to devastating outcomes, leaving you feeling unprepared and vulnerable.In this episode:Examine how Chiefs overtime scenario preparation fueled the big win.Prepare for risks and gain insights on the importance of planning for financial security.Understand the volatility of cryptocurrency and the risk of an unbalanced portfolio.Consider the NBA draft deadline and the parallels between building a team roster and building a diversified investment portfolio.Cryptocurrency and IPO volatilityThe volatility of cryptocurrency and IPOs takes center stage in this episode. The hosts elaborate on the inherent risks and the need for careful consideration before investing, emphasizing the importance of diversification. Drawing parallels with risk management, unpredictable outcomes in such high-stakes games underscore the necessity of well-rounded preparation and strategy, mirroring the approach needed in investing.Relevant Resources:https://www.nasdaq.com/articles/what-happens-to-ipos-over-the-long-run-2021-04-15https://theathletic.com/5272695/2024/02/13/super-bowl-gambling-nevada-record/Important Disclosures*Morton Brown is neither a law firm nor a certified public accounting firm. No presentation, post, or portion of any podcast content should be construed as legal or accounting advice.Connect with Your Hosts:Cody Demmel on LinkedInSean Roth on LinkedInJon Kerstetter on LinkedIn
More episodes of the podcast Coachable Wealth
Masters and Mindset
02/06/2025
Super Bowl Wins and Market Swings
13/03/2025
Declines and Comebacks
12/08/2024
Hot Streaks and Hot Markets
26/06/2024
Caitlin Clark Effect and Economic Indicators
08/04/2024
March Madness and Quarterly Performance
05/04/2024
Bracket Busters and Balanced Portfolios
05/04/2024
Player Contracts and Career Decisions
02/03/2024
NIL Deals and Tax Strategies
10/02/2024
Coaching Skills and Tech Stock Earnings
02/02/2024
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.