#2 The Risk Taker
Behind the Balance Sheet
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Managing Risks
It's very easy to become, not kind of lazy, but slightly a complaisant about positions. And one of the things that we used to say a lot is, be very careful of tesis creep. So when something doesn't quite work, you cant invent another reason why you should keep the position on. It's really important. But you look at that as best you can afresh every week. You want people to re under wrigt their positions, you know, honour honr,. and not have the bias of being linked to what price you paid, or any other emotional thing that you might have on.
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