Financial Risk Tolerance: A Psychometric Review
John E. Grable
iyn, 2017 · CFA Institute Research Foundation
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This content provides financial analysts, investment professionals, and financial planners with a review of how financial risk-tolerance tests can and should be evaluated. It begins by clarifying terms related to risk taking and is followed by a broad overview of two important measurement terms: validity and reliability. It concludes with examples for practice.
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