risk

If you want to commit fewer loss-making errors, you must accept more gain-foregoing ones. I establish and justify this crucial exchange.

Why many investors confuse fear and risk, and what to do about it.

Why many investors confuse fear and risk, and what to do about it.

According to finance theory, stocks are correctly priced and investors must take more risk to earn higher returns. Is this true in practice?

The co-founder of Oaktree Capital talks opportunity cost, the importance of risk to investing, and their similarities to a game of chess.

How well do you know yourself? Biases, timeframes, and the impact of investment decision making.

The Fed has taken interest rates to restrictive levels. The risk of recession is growing. It is time to reduce risk, and build resilience.

Why fear of missing out can make you lose out

Most of us tend to be better at buying and holding stocks than we are at selling. After all, buying is the fun part – it’s when optimism is kicking in. But knowing...

Being able to turn on a light is dependent on the stability of each link in what is a long, complex energy supply chain. An issue affecting any of these links can...

When markets go sideways, there are numerous levers equity fund managers can pull to dial down risk. Almost all can change their sector weightings and stock...

It’s probably one of the great understatements to describe markets in the third quarter as “challenging”, with July’s initial bounce in global equities giving way to...

There are degrees of risk in equity markets – a long-established large-cap banking stock is (generally) less volatile than a micro-cap mining play – and there are...

Say what you will about the film, but I thoroughly enjoyed 1998-smash Armageddon. For those who haven't seen it, NASA agents discover a large asteroid is set to hit...

People often leave their house or car, look to the sky and ask themselves: "Is it going to rain?" But for us at Talaria it’s fundamentally the wrong question. The...

After years of historically low market volatility since the 2008 financial crisis, investors can expect much larger swings in asset prices in the next few years....

Nosebleed market valuations are starting to price in a choppier recovery than was initially expected – courtesy of COVID’s Delta wave – but stock prices remain a key...

“Risk-adjusted returns”. That’s one of the more common phrases you will see on fund manager websites. It is, after all, what we are all trying to do: maximise returns...

A few months ago, I made my case in a video interview with Livewire as to 'Why the bulls are wrong'. Last week, Livewire reached out to me last week as part of a...

In our December Quarterly Outlook Statement, I published the below article highlighting a higher required return from equities should we continue to extrapolate low...