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Basic Question 1 of 8
Below-average ability to bear risk and below-average willingness to take risks implies ______ risk tolerance.
B. average
C. below average
A. above average
B. average
C. below average
User Contributed Comments 2
| User | Comment |
|---|---|
| johntan1979 | The lower of ability and willingness, if they are different. |
| jonan203 | lol, the ability of most american households will exlude them from a majority of risky assets, including equities. sure they may be willing, but boy are they ignorant. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe risk and return objectives and how they maybe developed for a client
explain the difference between the willingness and the ability (capacity) to take risk in analyzing an investor's financial risk tolerance
CFA® 2025 Level I Curriculum, Volume 6, Module 4.