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Sadly, people misunderstand this basic reasoning and think it applies the other way too: if something offers a low return, then it must be safe. Thousands of re
by Nemo_bis 6y ago
Sadly, people misunderstand this basic reasoning and think it applies the other way too: if something offers a low return, then it must be safe. Thousands of retail investors in Italy lost all their money in high-risk bonds sold by their banks which offered a low yield.
https://www.reuters.com/article/italy-banks-bonds-idUSL8N1490SJ20151221 https://www.reuters.com/article/italy-banks-bonds-idUSL8N149...