Risk Management

Risk management in finance involves identifying, analyzing, and accepting or mitigating uncertainty in investment decisions. Every investment carries some degree of risk, and understanding how to manage these risks is crucial for protecting capital and achieving long-term financial success.

Financial risks come in many forms including market risk, credit risk, liquidity risk, and operational risk. Effective risk management doesn't mean eliminating all risk—that's impossible—but rather understanding the risks you're taking and ensuring they're appropriate for your goals and compensated by potential returns.