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Portfolio building a risky but rewarding business

Money Management – Nicholas Grove

“Risk is our business!” Captain James T. Kirk exclaims across his briefing room in the classic Star Trek episode, Return to Tomorrow. “That’s what this starship is all about. That’s why we’re aboard her.”

What, you may ask, do the voyages of Kirk, Mr Spock, Dr McCoy and the Enterprise have to do with portfolio construction?

A great deal, as it turns out, given that when building a portfolio, investors may feel they are boldly going where no one has gone before. READ IN FULL