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Life Optimizer

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1. Always be prepared for the worst-case scenario.A common mistake in risk management is ignoring the worst-case scenario.

Many people are overconfident about the future, especially during good times. As a result, they ignore the worst thing that could happen.

They simply assume that the worst would never happen.But guess what? It takes just one such event to ruin everything. A recent example in the financial world is what happened to Archegos Capital.

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