There are three common fallacies regarding risk one is that, Financial Management

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There are three common fallacies regarding risk one is that

There are three common fallacies regarding risk. One is that some risks are so bad they need to be completely eliminated. Another is that risk is always bad. The last is that playing it safe is the safest thing to do. Using no more than 3-4 sentences, please explain why the belief that some risks are so bad they need to be completely eliminated is a fallacy. Please provide an example.

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Financial Management: There are three common fallacies regarding risk one is that

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