justin88

I think it is inconsistent in CFAI answers
for example , in 2009 AM , willingness to take risk ,they said : Their desire for preservation of the real value of their portfolio
and in 2006 AM , they list ability to take risk- Their desire for preservation of the real value of their portfolio
I think it is willingness for it is subjective based on their willingness
as in the case , I think it is subjective to decide whether he is above average or average and no objective threhold