The Zurich Axioms : Rules Of Risk And Reward Us... | Secure
: Wealth is not built on a salary but through speculation.
The are a set of 12 major and 16 minor rules for risk management and investment, originally codified by Max Gunther based on the strategies of a post-WWII club of Swiss speculators. They offer an unconventional "philosophy of risk" that often contradicts standard modern portfolio theory by prioritizing speculation over safety. Core Philosophy: Embrace the Worry The Zurich axioms : rules of risk and reward us...
: Sell early and take profits rather than waiting for the peak. Hope : Cut losses quickly when a trade goes wrong. Forecasts : Ignore market predictions. Patterns : Shun the belief in market predictability. : Wealth is not built on a salary but through speculation
: The goal is to learn to manage risk for your advantage rather than shunning it. The 12 Major Axioms in Brief Core Philosophy: Embrace the Worry : Sell early