The title says it all.
Yes - if you are a sports fan, remember the market risks as MCL (the knee ligament) as financial risks (Market, Credit, Liquidity) and sovereign can be both financial and non-financial
@Doppleganger, that’s a clever way to remember the financial risks. Thanks for that.
As someone who has had three ACL replacements and a total knee replacement, that’s one I’d remember.
If, of course, I had to.
First two ACLs were torn in Tae Kwon Do.
Third was associated with horseriding: I was getting on a horse, slipped on the gravel and tore it.
The knee replacement came from running with my dog: torn ACL and meniscus. Too much wear/damage to repair.
The new knee’s doing great. I’ll take the new puppy out running now that CFA season’s over.
You can think of nonfinancial risks as ALMOST P