[…] Don’t plan your risk reduction strategy after reading the newspaper. It’s like going to the grocery store when you are hungry. In both cases, you will make bad decisions. The most important risks are rarely in the headlines. In fact, most headlines are about things that are not big risks: being unusual is precisely what makes them newsworthy.
Excerpt from How to Castrate a Bull: Unexpected Lessons on Risk, Growth, and Success in Business by Dave Hitz