> "Since all capital can be viewed as a commodity of some scarcity, the ability to acquire capital is not guaranteed." > - David R. Koenig - [[The Board Member's Guide to Risk (Koenig - 2020)|The Board Member's Guide to Risk, 2020]] In his 2020 guide book, Koenig likens [[Risk Capital|risk capital]] to a commodity of some scarcity. It is an economic good that is fungible and can be traded. Risk capital is a scarce commodity, because there's only so much risk any organization can take to invest in new projects or collaborate with others.