Comment by arretevad

I guess I’m trying to say that in both cases you outline, the purpose of the act lies solely in the risk itself. Believing something is mispriced simply means the perceived risk is very low (or even negative) but the action is taken _because_ of the risk itself. No other purpose is served. Unlike other monetary instruments which could be consider stores of wealth. or other life decisions which have outside intrinsic values in which the risk is a consideration but not the primary object.