Cautious Blend ®

We all know that we can’t predict the future.

Such an obvious comment, but that’s why risk management is such an important part of what we do.

Richard Branson’s famous mantra of ‘Always protect your downside’ is born out of the entrepreneurs #1 Rule… Survival.

Jason Zweig of the Wall Street Journal goes further, ‘Survival is the only road to riches. You should try to maximise return only if losses would not threaten your survival, and if you have a compelling future for the extra gains you might earn.

The riskiest moment is when you’re right. That’s when you’re in the most trouble, because you tend to overstay the good decisions.’

Austyn comments, ‘We find that people have not reviewed risk in many years, they are sitting on gains that need protecting, and that their risk profile no longer needs to be as high… they have already done the heavy lifting.’

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