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How do you manage risk in your personal life?

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How do you manage risk in your personal life?

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This is where you get to show some personality and demonstrate your ability to think about risk, plus be a good communicator.  There is no right or wrong answer to this question, but you could say something about how you evaluate tradeoffs (upside vs downside), how you put hedges in place to reduce losses, purchase insurance, or you can use a wide range of other examples.

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