Risk averse?
During a presentation on capital budgeting today one delegate said that a payback period of 1.7 years was too slow: he would prefer a payback period of 1 year. Another delegate explained that this view is normal and in the region we are in, such risk aversion is normal and that is why many people simply stick their money in the bank and leave it at that!
Duncan Williamson
posted by Duncan Williamson @ 12:03 PM
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