"The simplest analogy to differentiate between fast risk and slow risk is heroin vs. cigarettes. Heroin is fast risk. Cigarettes are slow risk. Heroin tends to kill people quickly (especially in the event of an overdose), while cigarettes tend to kill people slowly." - Nick MaggiulliFor more visit: Of Dollars and DataFor disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.