But while science can quantify climate change
risks in a technical sense, based on the probability, magnitude, and nature of the potential consequences of climate change, determining what is dangerous is ultimately a judgment that depends on values and objectives.
Risk in the technical sense is the product of consequences and probability.
Not exact matches
If there were no
risk or inconvenience considerations, then borrowing from your 401 (k) to pay down debt (whether student or mortgage) makes
technical sense as long as the debt you pay down has a higher interest rate than what you expect to make
in your 401 (k).
So, the downside
risk (
in the
technical sense) is exactly the same for going long and writing covered calls.