Ep 200: Discover Your Risk Fingerprint With Michele Wucker

In this week’s SteadyTrade podcast, hosts Kim Ann Curtin and Stephen Johnson welcome a special guest — author, speaker, and strategist Michele Wucker.If you trade stocks, you need an appetite for risk. But how much is too much? And can your risk tolerance change over time or is your “risk fingerprint” set in stone? Michele Wucker is here to break it all down. She even has books on the topic..."You Are What You Risk: The New Art and Science of Navigating an Uncertain World""The Gray Rhino: How to Recognize and Act on the Obvious Dangers We Ignore"Wucker dedicates her life to the study of risk. Her work has moved markets, shaped financial policies around the world, and helped frame warnings about pandemics. She’s a former think tank and media executive, and she’s the founder of Gray Rhino & Company.Fun fact: she coined the term “gray rhino” to describe “obvious, probable, and impactful risks that we tend to ignore.” Her concepts have also made their way into popular culture. Megaband BTS wrote the song “Blue and Grey” positioning depression as a gray rhino. And she has a TED Talk with over two million views.Kim, Stephen, and Michele Wucker talk all about risk and trading in this week’s episode!