In investing, just like in global affairs, the distinction between being risk averse and risk prepared can make all the difference. While both approaches aim to protect value, their outcomes diverge dramatically over time. Today’s geopolitical climate offers a powerful analogy. As conflicts simmer across regions — from...
One night, a ghost quietly cut the rope of a donkey tied to a tree, setting it free. The donkey, unaware of the consequences, wandered into a nearby farmer’s field and trampled the crops that had taken months of hard work to grow. Furious at the loss of his...