And here is another reason why we wrote what we wrote:
Why Investors Should Obsess Over Risk, Not Returns | Seeking Alpha
Obsessing over risk, rather than returns. Or at the minimum, not be blind to them or arguing them away.
Quote:Defense is 10 times more important than offense. You have to be very focused on protecting the downside at all times. These are the wise words of hedge fund manager Paul Tudor Jones. His mantra seems a bit counterintuitive, considering an enviable track record that has made him best known for delivering outsized returns over the past four decades.
Why Investors Should Obsess Over Risk, Not Returns | Seeking Alpha
Obsessing over risk, rather than returns. Or at the minimum, not be blind to them or arguing them away.