Category: Think Tank

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2 Responses to “The Properties of Income Risk in Privately Held Businesses”

  1. [...] Income risk in private businesses is pretty darn risky.  (FRB via Big Picture) [...]

  2. James P says:

    The abstract says it all. Having income based on net after all the variables are accounted for is going to fluctuate more then income from a steady paycheck. A fifty page oxymoron. I could add that the smaller the business the more risk in the sense that if there is one employee and he gets sick, there goes the business. My father in law lives in Vegas. People ask me if I go to the casinos and I tell them I gamble everyday, why would I go to the casino. The funny thing is, my particular expertise is very exposed and on the line but I have been successful at it long enough to gain a sixth sense. I look at stock picking and trading as being safer then my business but I’m not nearly as good at it and less dedicated to it so it doesn’t furnish nearly the return.