A guide to risk for investors
As an experienced investor, I’m often asked about risk. It’s a fascinating area, and one that is in many ways intensely personal. Some people are naturally attracted to risk, while others are far more cautious. Both groups can, in my experience, be just as effective as investors as the other.
But first, here’s a quick explanation of what risk actually is, in investment terms.
At it’s most basic level, risk is ‘uncertainty’ – that quality of the unknown that every potential investment contains. And that word ‘quality’ is actually an important one for me, because it underlines that risk is, in many […]