You Can't Avoid Risk in Investing, Says Columbia's Lew

The video discusses investment strategies, emphasizing the importance of understanding risk and return. It highlights common mistakes like following the herd and stresses the need for personalized investment strategies. Advice is given to young investors on using capital for future growth, such as education. The video also covers the risks of investing in volatile assets like cryptocurrency, suggesting that such investments depend on individual risk tolerance.

What is the best investment advice mentioned in the text?

What common mistake do investors make according to the speaker?

What should a young person consider when investing their money?

What is the speaker's view on investing in cryptocurrency?

How does risk tolerance affect investment decisions?