An investor tries to convince you to follow his new investing model called "Damn the Torpedoes." In this model, investors play it more safely while nurturing their small nest eggs (small investment account balances), and then take on more risk as the account grows and more risk can be afforded. After all, accounts with higher balances can afford to take bigger risks. Sounds good, right? Explain why taking on higher levels of risk later is equivalent to taking on higher levels of risk in the beginning instead. An investor tries to convince you to follow his new investing model called "Damn the Torpedoes." In this model, investors play it more safely while nurturing their small nest eggs (small investment account balances), and then take on more risk as the account grows and more risk can be afforded. After all, accounts with higher balances can afford to take bigger risks. Sounds good, right? Explain why taking on higher levels of risk later is equivalent to taking on higher levels of risk in the beginning instead