You Are What You Risk Part of 17/20 pay at a higher rate. Sim | Blinkist Summary Book

You Are What You Risk
Part of 17/20

pay at a higher rate. Similarly the fund offers extra protections to the investors that need them most rather than to the ones that can pay the most.
Frieze’s method works because it recognizes something fundamental about business that often gets overlooked: everyone depends on everyone else. Her organization along with those that borrow from and lend to it really are all in it together. And the risk is spread out between them in a way that strengthens the system overall.
It’s not just that everyone feels involved in the process – it’s that they’re acting with purpose. That’s something that’s often lacking from the modern financial system. Deregulation in finance since the 1980s has contributed to a system that is highly aware of risks to shareholder value – famously championed by the economist Milton Friedman – and highly uninterested in risks to stakeholder value.
But as people are starting to realize risks look different when people think about what’s at stake to everyone involve