>I consider myself conservative from an investing perspective May be he actually is conservative. May be it is his (historically) safe nature that made him bad

>I consider myself conservative from an investing perspective May be he actually is conservative. May be it is his (historically) safe nature that made him bad at understanding risk in other areas. As an analogy: I'm good at assessing risk while driving. Highway speeds are less safe than residential roads, backseat is safer than front seat, etc. Well, let's do something different, let's go skydiving. I have NO risk profile to assess skydiving. My conservative background doesn't prepare me for this - so I screw it up.