Just when we think we have a safe approach to Investing and Covid, our risky behavior increases, thereby making us more vulnerable.
Our Surprising Response to More Safety
When we feel protected, safety regulations can encourage the risky behavior and unintended consequences that they are trying to prevent.
An Unintended Consequence of Football Helmets
Regulation can have unintended consequences. With football helmets or seat belts or even financial regulation, protection can create more reckless behavior.