firenance's definitions

Personal Risk Tolerance

Also known as PRT. A term used by investors or degenerate gamblers to rationalize betting every dollar they have, and sometimes borrowed funds, trying to score a big win.

“I maxed out three credit cards, took out a second mortgage on my parent’s house, and asked my roommate to front me next month’s rent for this trade. Don’t worry, it’s within My personal risk tolerance.”

by firenance November 24, 2019