In the world of Investing, the core job of an Investor is to make risk adjusted returns higher than the benchmark Index. We end up spending countless hours in identifying, assessing, evaluating risks to make an alpha.
The multi centuries old fundamental characteristics in a human being – Greed, Fear and Ego will always lead to the biggest risk- “Risk from what you don’t see”.
In every decision, it is important to have “Margin of Safety” in order to live through the situation when your biggest risk gets triggered.
Cheers! Anuj Khandelwal