We consistently perform sensitivity analysis on all our existing and potential new investments, we do not always trust financial market risk models
Financial markets are usually too complex to be modelled precisely and they are often governed by behavioural trends. Our attention to risk is a 24/7 preoccupation, with our team reassessing risk on an ongoing basis
Hedges can be expensive and imperfect; our favorite method of hedging market risk to protect our portfolio is holding cash, ready for quick deployment when an opportunity presents itself